Steve Blank

APRIL 12, 2013

By 1991, 70% of the Torch funded startups were getting bank financing for expansion and later stages of the new ventures, with local governments acting as guarantors. Inside the zones were Torch Technology Business Incubators with startups licensed by the local governments. Like the U.S. It went bankrupt in 1997.).

Venture Capital 271

Venture Capital China Offshore SBIR 271

Steve Blank

APRIL 10, 2013

Research universities also became an integral part of the military ecosystem as the federal government pumped billions into supporting science. Science and startups have come a long way since the 1980’s when the Chinese government owned everything and controlled it through a central planning system. Lessons Learned. Like the U.S.

China 315

China Taiwan Silicon Valley Guam 315

Steve Blank

APRIL 12, 2013

By 1991, 70% of the Torch funded startups were getting bank financing for expansion and later stages of the new ventures, with local governments acting as guarantors. Inside the zones were Torch Technology Business Incubators with startups licensed by the local governments. Like the U.S. It went bankrupt in 1997.).

Venture Capital 163

Venture Capital China Offshore SBIR 163

Steve Blank

APRIL 10, 2013

Research universities also became an integral part of the military ecosystem as the federal government pumped billions into supporting science. Science and startups have come a long way since the 1980’s when the Chinese government owned everything and controlled it through a central planning system. Lessons Learned. Like the U.S.

China 207

China Taiwan Silicon Valley Guam 207

Steve Blank

AUGUST 20, 2013

Recently, the financing of innovation in medical devices has collapsed even further with most Class III devices simply unfundable. government is the leading payer for most of health care, and under ObamaCare the government’s role in reimbursing for medical technology will increase. Regulatory Issues.

Startup 294

Startup Venture Capital Lean IPO 294

Steve Blank

MARCH 29, 2016

government is discovering that Lean innovation can help them serve the country better and faster. The Small Business Administration and the digital services agency 18F are trying to help entrepreneurs build successful companies and the 21st century digital government. And some of it could be in development.

Small Business Administration 120

Small Business Administration SBIR United States Entrepreneur 120

Steve Blank

JULY 15, 2010

They’ve created virtual IPO’s for founders and employees via late-stage private financing. government for funding. government doles out funds to connected entrepreneurs, it lacks an integrated strategy to deal with the lack of public market financing for critical growth industries. Yet while the U.S. Yet while the U.S.

Venture Capital 297

Venture Capital IPO Liquidity Event Entrepreneur 297

Steve Blank

JUNE 1, 2011

As customer and agile development reinvent the Startup, it’s time to ask why startup board governance has not kept up with the pace of innovation. Rather than invent a new form of corporate governance, venture investors adopted the traditional board meeting structure from large corporations. Jonathan Swift. Here’s how.

Silicon Valley 290

Silicon Valley Business Model Venture Capital Balance Sheet 290

Steve Blank

APRIL 13, 2013

If it’s driven by profit then the ecosystem needs both entrepreneurs as well as Venture Finance. China has essentially closed its internal search, media and social network software market to foreign companies who wouldn’t play with the government rules on the Great Firewall. China Customer Development Technology Venture Capital'

Silicon Valley 267

Silicon Valley China Venture Capital Merger 267

Steve Blank

SEPTEMBER 14, 2017

An existing company or government organization is primarily organized for day-to-day execution of its current business processes or mission. In reality for innovation to contribute to a company or government agency, it needs to be designed a process from start to deployment. There’s a much better way. Three common mistakes.

Incubator 312

Incubator Curation Engineer Government 312

Steve Blank

JUNE 1, 2011

As customer and agile development reinvent the Startup, it’s time to ask why startup board governance has not kept up with the pace of innovation. Rather than invent a new form of corporate governance, venture investors adopted the traditional board meeting structure from large corporations. Jonathan Swift. Here’s how.

Silicon Valley 258

Silicon Valley Business Model Venture Capital Balance Sheet 258

Steve Blank

JUNE 15, 2010

Do they “get&# Customer Development ? They understand that now’s not the time to hire a senior VP of Sales to start to scale the sales force or to look for a finance department to create income statements that say zero each month. Do They Get Customer Development? Have they heard about Customer Development ?

Founder 231

Founder Vesting Later Stage Early Stage 231

Steve Blank

DECEMBER 30, 2014

understand who their core and tertiary customers are, and the sales and marketing process required for initial clinical sales and downstream commercialization. identify financing vehicles before you need them. This user/customer-centered approach is a huge step in the right direction in the life science/health care commercialization.

San Diego 261

San Diego North Carolina Chicago Lean 261

Steve Blank

APRIL 11, 2013

This post is about the how the Chinese government engineered technology clusters. Of all the Chinese government programs, the Torch Program is the one program that kick-started Chinese high-tech innovation and startups. Filed under: China , Customer Development , Technology , Venture Capital. – The Torch Program.

Programming 278

Programming Technical Review SBIR China 278

Steve Blank

JULY 25, 2011

government backed venture firms and limited partnerships. In 1960’s and ‘70’s few MBA’s would give up a lucrative career in management, finance or Wall Street to join a bunch of technical lunatics. But by the early 1960?s s the tidal wave of semiconductor startup spinouts from Fairchild would find a valley with a growing number of U.S.

Engineer 305

Engineer Silicon Valley United States Venture Capital 305

Steve Blank

APRIL 13, 2013

If it’s driven by profit then the ecosystem needs both entrepreneurs as well as Venture Finance. China has essentially closed its internal search, media and social network software market to foreign companies who wouldn’t play with the government rules on the Great Firewall. China Customer Development Technology Venture Capital'

Silicon Valley 159

Silicon Valley China Venture Capital Merger 159

Steve Blank

APRIL 11, 2013

This post is about the how the Chinese government engineered technology clusters. Of all the Chinese government programs, the Torch Program is the one program that kick-started Chinese high-tech innovation and startups. Filed under: China , Customer Development , Technology , Venture Capital. – The Torch Program.

Programming 170

Programming Technical Review SBIR China 170

ReadWriteStart

JUNE 13, 2011

As customer and agile development reinvent the startup, it's time to ask why startup board governance has not kept up with the pace of innovation. The process, which Blank detailed in his book, "The Four Steps to the Epiphany," uses customer feedback to refine and improve a product before scaling a business. Here's how.

Silicon Valley 117

Silicon Valley Balance Sheet Metrics Early Stage 117

Steve Blank

MAY 3, 2011

Veritas needs three types of partners: installers (to reduce their overhead,) certification authorities (who would provide credibility) and government and research labs (for testing facilities). Include people, hardware, software, prototypes, financing, etc. They worked on understanding their partners.

South Dakota 217

South Dakota Business Model Lean United States 217

ReadWriteStart

FEBRUARY 17, 2011

Well, it turns out that to port long tail productivity apps to Google's App Engine is a somewhat cumbersome job, and requires a lot of custom development. The long tail apps can easily be ported to or developed on Google App Engine in a third of the time and cost using OrangeScape as an application platform. Enter OrangeScape.

Entrepreneur 114

Entrepreneur India Silicon Valley Massachusetts 114

Startup Lessons Learned

JUNE 21, 2010

It also causes them to miss the numerous other kinds of startups that appear in less-glamorous settings: inside enterprises, non-profits, and even governments. I prefer to take the most expansive possible definition of product, one that encompasses any source of value for a set of people who voluntarily choose to become customers.

San Francisco 168

San Francisco Startup Lean Continuous Deployment 168

SoCal CTO

SEPTEMBER 8, 2010

Start-Up Chile: $40k to Live There and Start a Company - Ben Casnocha: The Blog , August 14, 2010 Governments round the world are trying to stimulate entrepreneurship. The Chilean government recently announced a bold initiative that stands apart from the usual innovation and start-up handwaving. Have convertible notes really won?

Startup 191

Startup CTO Hire Cofounder Venture Capital 191

Startup Lessons Learned

NOVEMBER 11, 2008

Among those: plentiful financing and nerds , a culture that celebrates both failure and success, and an ethos of openness and sharing. To an early observer, it would have seemed obvious that Route 128 had all the advantages: a head start, more government and military funding, and far more established companies.

Silicon Valley 68

Silicon Valley San Francisco Lean Continuous Deployment 68

SoCal CTO

DECEMBER 1, 2010

The Ultimate Combination of Startup Business Development Methods - ArcticStartup , November 16, 2010 I've been a huge fan of Steven Blank's Customer Development methodology for a long time. Finance, IT, Legal). Your First Iteration of an Idea Will Be Wrong. And Iridium would do this without building a single cell tower.

Technical Review 175

Technical Review Technology Product CTO Hire 175

The Next Web

JANUARY 27, 2013

We all know these people, most often working at large corporates or even the government. Especially because I could have used this time on marketing, sales and customer development, and actually helped our business move forward. Life starts at the end of your comfort zone. Every now and then I run into them.

Netherlands 159

Netherlands Technical Review Software Review Cofounder 159

Steve Blank

JUNE 7, 2010

In the middle of this acquisition, both the board (who were finance and Hollywood executives) and the CEO realized that while they were physically in Silicon Valley, they were missing someone familiar with business innovation in technology companies. Filed under: Customer Development , Durant versus Sloan: Startups Verus Companies.

Silicon Valley 267

Silicon Valley Cofounder Acquisition Kansas 267

ReadWriteStart

JANUARY 6, 2020

You don’t need custom development to get the job done. Going back and forth with a developer is usually far from fast. If you want to contribute to general business, marketing, finance, health, etc. Why Productivity and Customer Experience go Hand in Hand. Digital marketing in the government sector.

SMS 134

SMS Campaign PR Sales 134

Steve Blank

OCTOBER 29, 2009

to spur innovation was a new government agency to fund new companies. government would invest three (up to $300,000.) And for the first time, private companies like Continental Capital, Pitch Johnson & Bill Draper and Sutter Hill were formed to take advantage of the government largesse from the SBA.

Silicon Valley 125

Silicon Valley SBIC San Francisco RSS 125

SoCal CTO

JANUARY 5, 2011

500 Hats , January 10, 2010 Developing new startup ideas - Chris Dixon , March 14, 2010 Batch Processing Millions and Millions of Images - Code as Craft , July 9, 2010 jQuery Plugin: Give Your Characters a NobleCount - The Product Guy , March 23, 2010 How do the sample Series Seed financing documents differ from typical Series A financing documents?

Silicon Valley 378

Silicon Valley Startup Term Sheet Venture Capital 378

Steve Blank

OCTOBER 26, 2009

These technology startups had no risk capital – just customers/purchase orders from government/military/intelligence agencies. Corporate Finance One of the ironies in Silicon Valley is that the two companies which gave birth to its entire semiconductor industry weren’t funded by venture capital.

Silicon Valley 159

Silicon Valley Securities and Exchange Commission Venture Capital RSS 159

maplebutter.com

JANUARY 8, 2013

Government grants – Credit cards / debt. If you believe in it – then finance whatever you can yourself. 2) Co-Founders are the largest form of dilution (if you’re raising) 3) Everything around LeanStartup / Customer Development 4) Understand the micro economics of your business early. Other sources of capital.

Technical Review 44

Technical Review Startup Cofounder Software Review 44

Steve Blank

MAY 9, 2017

Defense and Intelligence organizations drove the pace of innovation in Silicon Valley by providing research and development dollars to universities, and defense companies built weapons systems that used the Valley’s first microwave devices and semiconductor components. Government and the enterprise are now followers rather than leaders.

Restful 222

Restful Silicon Valley Puerto Rico San Jose 222