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New Rules for the New Internet Bubble

Steve Blank

But the bubble mantra of get “big fast” and “first mover advantage” demanded tens of millions more to create a “brand.” Tech IPOs were a receding memory, and mergers and acquisitions became the only path to liquidity for startups. That requires building a company using Agile and Customer Development. You have to deliver.

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Welcome to the Lost Decade (for Entrepreneurs, IPO’s and VC’s)

Steve Blank

The size of the red bars (IPO’s) versus blue (mergers and acquisitions) illustrates that while venture-backed startups did get acquired, the IPO market was booming. In either case Customer Development provides entrepreneurs with a methodology for being capital efficient. Source: NVCA.). Free At Last. Lessons Learned.

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The Leading Cause of Startup Death – Part 1: The Product.

Steve Blank

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.

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Lies Entrepreneurs Tell Themselves « Steve Blank

Steve Blank

Filed under: Customer Development , Family/Career , Technology | Tagged: Steve Blank , Entrepreneurs , Tips for Startups « Am I a Founder? We need our team members to have sustainable work / life balance or risk losing them to another less demanding industry all together. The Adventure of a Lifetime.

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From Nothing To Something. How To Get There.

techcrunch.com

I know one company demanding something like 15K just to use his product in my portal. Everything Seth said is absolutely spot on, except I’d encourage founders to make sure they do some customer development (even in the consumer space) in parallel to cranking out the first product. Seriously mean it too.