Startup Professionals Musings

OCTOBER 2, 2023

Commercial product prototypes. Funding for commercial product prototypes is still R&D in the eyes of venture capital investors, but in business areas with large opportunities, this activity will catch the eyes of specialized angel investors. Expanding the product line. Business commercialization.

Angel Investor 256

Angel Investor Early Stage Incubator Government 256

YoungUpstarts

JULY 16, 2019

The tech industry has this growth because of lower housing costs, affordable living, and strong incentives. Developing a popular mobile scheduling app, they raised $1.2 million in venture capital to move. Much of this was attributed to the low cost of living. Saskatchewan Tech Sector Continues to Grow.

Canada 167

Canada Hiring Artificial Inteligence Software Developers 167

Version One Ventures

MAY 3, 2023

With the right product or service for the Indian market and strong execution, an “India for India” start-up can see incredible growth. India for the world” has traditionally focused on outsourcing and leveraging cost advantages, from customer service to product development.

India 86

India LP Silicon Valley Vertical 86

Startup Professionals Musings

APRIL 13, 2015

Commercial product prototypes. Funding for commercial product prototypes is still R&D in the eyes of venture capital investors, but in business areas with large opportunities, this activity will catch the eyes of specialized angel investors. Expanding the product line. Business commercialization.

Product Development 120

Product Development Developer Product Angel Investor 120

Startup Professionals Musings

JANUARY 18, 2021

Commercial product prototypes. Funding for commercial product prototypes is still R&D in the eyes of venture capital investors, but in business areas with large opportunities, this activity will catch the eyes of specialized angel investors. Expanding the product line. Business commercialization.

Early Stage 412

Early Stage Angel Investor Incubator Government 412

Startup Professionals Musings

FEBRUARY 13, 2013

Typically they can be used to fund product development and commercialization that would otherwise require outside investors. Grants start as small a few thousand dollars, but can provide millions of dollars in capital to new ventures. Professional help costs money. Marty Zwilling.

Government 230

Government Equity Cost SBIR 230

This is going to be BIG.

NOVEMBER 22, 2013

Something isn''t going to go your way--product development, hiring, revenues. Angel investor Jeff Stewart once told me that either the product takes twice as long and costs three times as much to build as your plan, or takes three times as long to build and costs twice as much--you just don''t know which one.

Technical Review 136

Technical Review Angel Investor Due Diligence Venture Capital 136

Steve Blank

AUGUST 31, 2009

After 20 years of working in startups, I decided to take a step back and look at the product development model I had been following and see why it usually failed to provide useful guidance in activities outside the building – sales, marketing and business development. So what’s wrong the product development model?

Customer Development 241

Customer Development Developer Customer Silicon Valley 241

Steve Blank

NOVEMBER 13, 2012

The book has been shepherded and edited by a great Japanese VC at Mitsui Sumitomo Insurance Venture Capital, Takashi Tsutsumi, with help from Masato Iino. I asked Tsutsumi-san to write a guest post for my blog to describe his experience with Customer Development in Japan. ————-.

Japan 296

Japan Customer Development Developer Customer 296

YoungUpstarts

NOVEMBER 20, 2019

On the other hand, if you arrive at a VC pitch without a comprehensive understanding of the industry you’re hoping to compete in, or without a clear path to profitability or a thoughtful product-development road map, you’ll likely leave empty-handed. Investors want to feel confident that they’ll see a return on their investment.

Technical Review 140

Technical Review Due Diligence Early Stage Differentiation 140

David Teten

MAY 1, 2013

However, they remain key to your email identity, and fundamental to your marketing and even capital-raising. The ff Venture Capital portfolio is evidence of how much we believe this, e.g., our companies Alerts.com , Gobbler.com , Identified.com , Patents.com , Phone.com , and Plated.com. I previously published this in Forbes.

Naming 114

Naming Semantic Venture Capital Startup 114

The Startup Magazine

MARCH 7, 2024

Keep Your Initial Costs Low Knowing how to minimize startup costs will go a long way toward avoiding crashing and burning during the growth cycle. By keeping your initial costs as low as possible, you won’t be on the hook for as much debt or even paying salaries when the time comes.

Startup 145

Startup Forecast Social Media Cost 145

Transformify

MARCH 14, 2020

Startup hubs like Berlin, London, New York, Los Angeles, Bangalore, Hong Kong and Singapore offered access to venture capital and vibrant start ecosystems thus attracting the brightest founders. Work from home and remote work also significantly cut office costs.

Hiring 98

Hiring Bulgaria Italy Spain 98

Steve Blank

SEPTEMBER 7, 2009

This post describes how following the traditional product development can lead to a “startup death spiral.&# In the next posts that follow, I’ll describe how this model’s failures led to the Customer Development Model – offering a new way to approach startup sales and marketing activities.

Customer Development 228

Customer Development Developer Customer Silicon Valley 228

David Teten

AUGUST 19, 2019

I’ve been a traditional equity VC for 8 years, and I’m now researching new business models in venture capital. RBI normally requires founders to pay back their investors with a fixed percentage of revenue until they have finished providing the investor with a fixed return on capital, which they agree upon in advance.

Revenue 60

Revenue Technical Review Software Review Equity 60

Up and Running

JULY 2, 2014

So far it sounded like a fair deal, considering we didn’t yet have a product developed – only a pitch deck, a business plan, a fleshed-out idea, and some user interface (UI) designs of what we thought our online product would look like. Best of luck to you in your startup venture!

Technical Review 118

Technical Review Angel Investor Due Diligence Dilution 118

VC Cafe

SEPTEMBER 8, 2023

As David Sacks from All in put it: On aggregate, a lot of funding was also deployed to startups in the application layer – investing in founders leveraging generative AI to either solve narrow tasks, or bring automation to tasks to reduce costs, increase accuracy, speed etc.

Generative AI 78

Generative AI ChatGPT Artificial Inteligence Cofounder 78

Startup Professionals Musings

JANUARY 31, 2012

Being the low-cost commodity level service provider is not a recipe for success. You need to demonstrate innovative approaches, more knowledge, more productivity and superior results to get the references you need. You don’t have tangible product items which can be compared for quality and cost in the value proposition.

Angel Investor 227

Angel Investor Venture Capital Partner Networking 227

Startup Professionals Musings

MARCH 11, 2013

One of the first questions that I get from many entrepreneurs is “How should I set up my company to minimize my setup costs, tax liabilities, and risk of lawsuits?” If you aren’t so sure, need something fast, or need to keep your costs low, then an LLC is the best legal and taxable entity to facilitate your startup.

LLC 234

LLC Nevada Delaware Limited Liability Company 234

Growthink Blog

SEPTEMBER 13, 2017

And putting out there the “story” behind the numbers - the talent, work ethic, and integrity of our people, the suredness of our IP, the thoughtfulness of our product development roadmap, the sustainable competitive advantage of our operational cost structure, and the like. Relationships.

Harvest 48

Harvest IP Software Review Forecast 48

YoungUpstarts

JUNE 24, 2014

According to the National Venture Capital Association , the amount of money that VC’s invested rose 8% to nearly $30 billion in 2013. To help build new product development and venture teams, my colleague Rob Goldberg, of Stages of Innovation , created an assessment tool called Talent for Growth.

Startup 252

Startup Angel Investor Early Stage LLC 252

Startup Professionals Musings

JANUARY 2, 2011

I applaud the initiative, and encourage startups in this direction, but there are costs. Typically they can be used to fund product development and commercialization that would otherwise require outside investors. Grants start as small a few thousand dollars, but can provide millions of dollars in capital to new ventures.

Government 221

Government SBIR Dilution Database 221

Cracking the Code

OCTOBER 1, 2020

As we wanted a direct path to the user to ensure we would be providing the best user experience, we decided to go for a freemium model to lower the bar for developers to get started. million developers using our product. Developers have no barrier to getting started with Snyk. Today, we have around 1.5

Early Stage 62

Early Stage Open Source Development Team Review Security 62

Startup Professionals Musings

SEPTEMBER 20, 2010

Being the low-cost commodity level service provider is not a recipe for success. You need to demonstrate innovative approaches, more knowledge, more productivity and superior results to get the references you need. You don’t have tangible product items which can be compared for quality and cost in the value proposition.

Product 228

Product Angel Investor Venture Capital Partner 228

Steve Blank

MAY 28, 2009

Market Risk vs. Invention Risk - Click to Enlarge For companies building web-based products, product development may be difficult, but with enough time and iteration engineering will eventually converge on a solution and ship a functional product - i t’s engineering, not invention.

Vertical 148

Vertical Silicon Valley Marketing Customer 148

VC Cafe

FEBRUARY 27, 2024

Think about it this way: talent is becoming available (all these layoffs you’re seeing big companies do are a pipeline of experienced talent for your startup), money for the earliest stage is flowing and new technology, in particular LLMs and generative AI has the potential to tackle many problems at scale without massive infrastructure costs.

Valuation 186

Valuation Software Review Generative AI Technical Review 186

ReadWriteStart

JUNE 29, 2020

Most importantly, the phrase “ bootstrapping a startup ” translates into “growing your business with little or no venture capital or outside investment. It is also important to realize that, statistically speaking, most startups become operational without any venture capital or external funding sources.

Bootstrapping 85

Bootstrapping Global Startup Hungary 85

Steve Blank

AUGUST 27, 2009

This series of posts is a brief explanation of how we’ve evolved from Product Development to Customer Development to the Lean Startup. The Product Development Diagram Emerging early in the twentieth century, this product-centric model described a process that evolved in manufacturing industries.

Silicon Valley 264

Silicon Valley Product Startup Product Development 264

Gust

OCTOBER 31, 2011

Being the low-cost commodity level service provider is not a recipe for success. You need to demonstrate innovative approaches, more knowledge, more productivity and superior results to get the references you need. You don’t have tangible product items which can be compared for quality and cost in the value proposition.

Angel Investor 143

Angel Investor Venture Capital Partner Networking 143

Startup Lessons Learned

APRIL 18, 2010

Truth: The Lean Startup method is not about cost, it is about speed. Lean Startups waste less money, because they use a disciplined approach to testing new products and ideas. Lean, when used in the context of lean startup, refers to a process of building companies and products using lean manufacturing principles applied to innovation.

Lean 167

Lean San Francisco Continuous Deployment Startup 167

Both Sides of the Table

JULY 1, 2010

Money to be used for hiring and additional product development. Current round: $20.0mm Series-B led by Andreesen Horowitz, with USV and O’Reilly AlphaTech Ventures. Tags: This Week in Venture Capital. They raised around $350 million to try and sell cars direct over the Internet. Competitors: Gowalla.

San Francisco 248

San Francisco Venture Capital Analytics Government 248

Steve Blank

JULY 30, 2009

Some are r esegmenting an existing market– directed at a niche that an incumbent isn’t satisfying (like Dell and Compaq when they were startups) or providing a low cost alternative to an existing supplier (like Southwest Airlines when it first started.)

Silicon Valley 134

Silicon Valley RSS California Customer Development 134

Steve Blank

JUNE 25, 2009

Computer hardware companies were faced with their customers asking for low-cost (relatively) desktop computers they had no experience in building. They couldn’t keep up with the fast product development times that were enabled by using standard microprocessors.

Technology 139

Technology Silicon Valley Fractional VPE Part-Time VPE 139

Steve Blank

SEPTEMBER 17, 2009

This post describes a solution – the Customer Development Model. In future posts I’ll describe how Eric Ries and the Lean Startup concept provide the equivalent model for product development activities inside the building and neatly integrates customer and agile development. This post describes such a model.

Customer Development 247

Customer Development Developer Customer Silicon Valley 247

The Equity Kicker

JANUARY 10, 2020

Nic is also the author of one of Europe’s most popular venture capital blogs – www.theequitykicker.com. Every good VC looks for the same three things: a great team, a great product, and a large and attractive market. We have been crucial in getting the product to market. Let’s start with the obvious question.

Partner 68

Partner Early Stage Portfolio Metrics 68

Both Sides of the Table

APRIL 27, 2010

My company had raised venture capital in April 2001 but we were told that there may never be any more coming. I learned how to integrate customers into our product development process. I learned how to get press coverage when we were no longer “hot.&# I learned how to manage costs effectively.

Venture Capital 285

Venture Capital Hiring Software Review Stock Options 285

Steve Blank

SEPTEMBER 10, 2009

In future posts I’ll describe how Eric Ries and the Lean Startup concept provided the equivalent model for product development activities inside the building and neatly integrates customer and agile development. Market Type also affects the market size as well as how you launch the product into the market.

Customer Development 204

Customer Development Developer Customer Silicon Valley 204