Remove news
Remove Customer Development Remove Distribution Remove Sales Remove Vertical
article thumbnail

Can You Trust Any vc's Under 40?

Steve Blank

billion for a company with less than $50 million in sales. 2009 – Back to The Future The bad news is that since the bubble most VC firms haven’t made a profit. And given the “clubbiness&# of the venture business there appears to be little self policing of steering entrepreneurs away from firms that are bad news.

article thumbnail

Marching through quicksand

Startup Lessons Learned

One is explaining the world as it used to work: the importance of gatekeepers, the scarcity implied by limited distribution, and the resulting quality bar that the industry is so proud of. Mostly it is the time and expense required to create the means of distribution for that industry. It’s just taking some longer than others.

Insiders

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

article thumbnail

Closure

Steve Blank

However, in catching up with the VP of Sales of Ardent last night, I was reminded one of the few times I did return for closure. The search for commercial supercomputer applications was good news for Ardent, as this was our business as well. It was for sale on Ebay. I liked to fail fast, move on, and not look back.

article thumbnail

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.

article thumbnail

Startups in stealth mode need one piece of advice - Discussion

news.ycombinator.com

Hacker News new | comments | ask | jobs | submit login Startups in stealth mode need one piece of advice. We already have some competitors in the vertical and while there is no point in trying to hide the actual idea, there are differences in the way we implement stuff that can get us an advantage over the competition. >>

Stealth 41
article thumbnail

The Secret History of Silicon Valley 12: The Rise of “Risk Capital.

Steve Blank

McMicking and Terman introduced Ampex to the National Security Agency, and Ampex sales boomed when their audio and video recorders became the standard for Electronic Intelligence and telemetry signal collection recorders. Ampex business took off when Terman introduced Ampex founder Alex Poniatoff to Joseph and Henry McMicking.

article thumbnail

Startup Tools

steveblank.com

Github - Free public repositories, collaborator management, issue tracking, wikis, downloads, code review, graphs Pivotal Tracker – Agile project management tool that enables real time collaboration.