Remove Customer Development Remove Early Stage Remove Finance Remove Framework
article thumbnail

Launching a Portfolio Acceleration Platform at a Venture Capital or Private Equity Fund

David Teten

I propose here a framework for prioritizing your platform buildout. As an agenda for each meeting, I suggest: – How can we most add value, in addition to helping with financing? Real Ventures , an early-stage, Canadian-based fund, runs a two-day Founder Camp every six months. Customer Development.

article thumbnail

A New Way to Teach Entrepreneurship – The Lean LaunchPad at Stanford: Class 1

Steve Blank

It was designed to bring together many of the new approaches to building a successful startup – customer development, agile development, business model generation and pivots. While we were going to teach theory and frameworks, these students were going to get a hands-on experience in how to start a new company.

Lean 304
Insiders

Sign Up for our Newsletter

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

article thumbnail

Lean Innovation Management – Making Corporate Innovation Work

Steve Blank

The first time a few brave corporate innovators tried to overlay the Lean tools and techniques that work in early-stage startups in an existing corporation, the result was chaos, confusion, frustration and ultimately, failure. Fast forward to today. We can adapt these startup tools for use inside the corporation. Lessons Learned.

Lean 120
article thumbnail

How Investors Make Better Decisions: The Investment Readiness Level

Steve Blank

a language corporate innovation groups can use to communicate to business units and finance. While it doesn’t eliminate great investor judgment, pattern recognition skills and mentoring, we’ve developed an Investment Readiness Level tool that fills in these missing pieces. Here’s John’s story. But the ‘ah-hah!’

article thumbnail

How a Seed VC Approaches Pre-Product Startups

View from Seed

We have a bias towards very early stage investing for a bunch of reasons, but it’s not easy. It’s often a good idea for founders to find a way to build something and get some early market validation before raising outside capital. I think this stage, more than others, is very dependent on the individual investor.

Product 120
article thumbnail

Lessons Learned: Validated learning about customers

Startup Lessons Learned

In an early-stage startup especially, revenue is not an important goal in and of itself. This may sound crazy, coming as it does from an advocate of c harging customers for your product from day one. Let’s start with a simple question: why do early-stage startups want revenue? But all things are never equal.

Customer 167
article thumbnail

How companies strangle innovation – and how you can get it right

Steve Blank

The framework has the team talking not just to potential customers but also with regulators, and people responsible for legal, policy, finance, support. This quick and dirty development results in software that can become unwieldy, difficult to maintain and incapable of scaling. Lessons Learned.

Incubator 317