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Nokia as “He Who Must Not Be Named” and the Helsinki Spring

Steve Blank

I was invited to Finland as part of Stanford’s Engineering Technology Venture Program partnership with Aalto University. You find early stage employees expecting to work normal hours, to get paid a regular salary, and not asking or expecting equity. Startup incubators, business angels and VCs are starting to emerge.

Finland 331
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The Helsinki Spring

Steve Blank

—— I was invited to Finland as part of Stanford’s Engineering Technology Venture Program partnership with Aalto University. At Tekes, government employees (and their hired consultants) – with no equity, no risk or reward, no startup or venture capital experience – try to pick startup winners and losers.

Finland 328
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How VCs Can Accelerate Portfolio Company Returns

David Teten

This study is effectively a sequel to the study David Teten led with Chris Farmer of General Catalyst on best practices of venture capital and private equity funds in originating new deals , published in Journal of Private Equity , Harvard Business Review , Institutional Investor , etc.

Portfolio 144
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The Helsinki Spring

ReadWriteStart

I was invited to Finland as part of Stanford's Engineering Technology Venture Program partnership with Aalto University. Steve Blank is a retired serial entrepreneur, educator, thought leader and creator of the rigorous "Customer Development" methodology detailed in his book, "The Four Steps to the Epiphany."

Finland 158
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The Rise of Chinese Venture Capital – (Part 3 of 5)

Steve Blank

The first post described how China built a science and technology infrastructure to support advanced weapons systems development. The first wave of startups began when R&D centers and universities began to provide the technology and seed capital for new startups that were spin-outs or spin-offs. Like the U.S.

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300 Teams in Two Years

Steve Blank

While a few of the I-Corps teams are in web/mobile/cloud, most are working on advanced technology projects that don’t make TechCrunch. The program pays scientists $50,000 to attend the program and takes no equity. It’s success is measured not only by the technologies that leave the labs, but how many U.S.

Lean 267
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Getting out of the building…by staying in the building!

Steve Blank

The landscape for how to turn life science and health care technologies into viable companies has changed more in the last 3 years than in the last 30. ———– The National Institutes of Health recognizes that Life Science/Health Care commercialization has two components: the science/technology, and the business model.

San Diego 265