Remove Customer Development Remove Finance Remove Government Remove IPO
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Welcome to the Lost Decade (for Entrepreneurs, IPO’s and VC’s)

Steve Blank

The collapse of the IPO market and dysfunctional math in the venture capital community has stacked the odds against you. Startup lifecycle in an IPO Market. Netscape’s 1995 IPO changed the rules. Depending on your industry, in this decade it’s 5 to 10x less likely that your company will have an IPO as an exit.

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Reinventing Life Science Startups – Medical Devices and Digital Health

Steve Blank

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. Venture Capital Issues. Regulatory Issues.

Startup 296
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How Scientists and Engineers Got It Right, and VC’s Got It Wrong

Steve Blank

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. This all changed in 1980 with the Genentech IPO. In 1980 Genentech became the first IPO of a venture funded biotech company.

Engineer 307
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Zhongguancun in Beijing – China’s Silicon Valley (Part 4 of 5)

Steve Blank

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. Liquidity for most Internet startups happens via IPO’s.

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Zhongguancun in Beijing – China’s Silicon Valley (Part 4 of 5)

Steve Blank

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. Liquidity for most Internet startups happens via IPO’s.

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What is a startup?

Startup Lessons Learned

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.

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Lessons Learned: Where did Silicon Valley come from?

Startup Lessons Learned

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.