David Teten

APRIL 1, 2021

As an agenda for each meeting, I suggest: – How can we most add value, in addition to helping with financing? Customer Development. A well-developed model is Andreessen Horowitz’s Executive Briefing Center. Sign up as a client for an expert network , and offer your companies access to their network.

Private Equity 78

Private Equity Venture Capital Portfolio Equity 78

Steve Blank

MARCH 8, 2011

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. The first class was an introduction to the concepts of business model design and customer development.

Lean 303

Lean Business Model Customer Development Guinea 303

Steve Blank

APRIL 14, 2013

For the last 10 years China essentially closed its search, media and social network software market to foreign companies with the result that Google, Facebook, Twitter, YouTube, Dropbox, and 30,000 other websites were not accessible from China. The motivations are the same – profit – driven by entrepreneurs and venture finance.

China 326

China Silicon Valley Non-Compete Intellectual Property 326

Feld Thoughts

NOVEMBER 18, 2013

Here’s the punchline: if you run your company as if you have closed a VC equity financing round even though you actually closed a convertible debt round, you’ll be in much better shape when it comes time to raise your Series A financing. Early customer development talks are going great which keeps the team really excited.

Burn Rate 152

Burn Rate Equity Software Review Early Stage 152

Steve Blank

APRIL 14, 2013

For the last 10 years China essentially closed its search, media and social network software market to foreign companies with the result that Google, Facebook, Twitter, YouTube, Dropbox, and 30,000 other websites were not accessible from China. The motivations are the same – profit – driven by entrepreneurs and venture finance.

China 218

China Silicon Valley Non-Compete Intellectual Property 218

SoCal CTO

AUGUST 3, 2010

Graphs - Chris Dixon , July 22, 2010 It has become customary to use “ graph &# to refer to the underlying data structures at social networks like Facebook. Computer scientists call the study of graphs “ network theory ,&# but on the web the word “network&# is used to refer to the websites themselves).

Software Review 217

Software Review Startup Venture Capital Technical Review 217

Steve Blank

SEPTEMBER 14, 2009

To do this they have to accomplish five things; 1) get deal flow – via networking and legwork, they identify likely industries, companies and teams with the potential for rapid growth (less than 10 years), 2) evaluate those companies and teams on the basis of technology, market opportunity, and team. Warning sign? At best. ~

Silicon Valley 233

Silicon Valley IPO Technical Review Venture Capital 233

Steve Blank

NOVEMBER 7, 2013

Big companies know how to scale—most have a lot to learn about starting (as in Lean Startup) but they know how to leverage assets, use network effects, plan and execute. in developing these new models. It only emerges after an intense business model design and search activity based on the customer development process.

Lean 329

Lean Nepal Cofounder Customer Development 329

Steve Blank

APRIL 10, 2013

But before startups could happen, China’s basic science, technology and finance infrastructure and ecosystem needed to be built. As we’ll see later, the MOF (Ministry of Finance) also has had a hand in funding new ventures. Filed under: China , Customer Development , Technology , Venture Capital. Like the U.S.

China 319

China Taiwan Silicon Valley Guam 319

steveblank.com

JULY 8, 2011

Managewith.us - Collaborative Task Manager Mavenlink - manage project communications, documents, schedules, budgets, payments Industrial Logic – Agile eLearning Misc Office Help Google Apps – cloud mail server, calendar, docs, etc.

Software Review 110

Software Review Startup Silicon Valley Analytics 110

Steve Blank

MAY 9, 2017

A 20 th century VC was likely to have an MBA or finance background. Entrepreneurs first map their assumptions and then test these hypotheses with customers out in the field (customer development) and use an iterative and incremental development methodology (agile development) to build the product.

Restful 238

Restful Silicon Valley Puerto Rico San Jose 238

SoCal CTO

DECEMBER 1, 2010

aka: An Open Letter to the Next Big Social Network) - 500 Hats , November 1, 2010 I've held off writing this post for a long time, because I couldn't quite get my head around all the issues. If network B has 20 users than it’s value is 400 (20*20). Finance, IT, Legal). How to Take Down Facebook -- Hint: It Ain't Twitter.

Technical Review 175

Technical Review Technology Product CTO Hire 175

YoungUpstarts

JUNE 1, 2018

From my years of experience working with many entrepreneurs, including technology companies, finance and real-estate, product and coaching, I have found that there are 4 main categories of business meetings that occur when building a business. In general, people like to help and to give their opinion (more about networking below).

Stealth 198

Stealth Partner Developer Networking 198

www.vccafe.com

MARCH 11, 2013

Steve Blank on Lean Customer Development. Social networking. Customer service. share Powerpoints and docs with customers. Create your own social network. free enterprise social network. easy business finance software. YCombinator Series AA Equity Financing Documents. Codeacademy.

Software Review 53

Software Review Technical Review Startup 53

Steve Blank

APRIL 10, 2013

But before startups could happen, China’s basic science, technology and finance infrastructure and ecosystem needed to be built. As we’ll see later, the MOF (Ministry of Finance) also has had a hand in funding new ventures. Filed under: China , Customer Development , Technology , Venture Capital. Like the U.S.

China 211

China Taiwan Silicon Valley Guam 211

Steve Blank

OCTOBER 10, 2016

She and her team ran a successful Kickstarter campaign, went through the Techstars Boulder 2015 accelerator program, and recently closed a $3 million financing round with The Foundry Group. . Every networking event I would go to, the first, second or third question anybody would ask me is, “What round are you on?

Entrepreneur 264

Entrepreneur Cofounder San Francisco Campaign 264

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 271

Silicon Valley China Venture Capital Merger 271

Rob Go

SEPTEMBER 9, 2013

Online Resources and Newsletters: Bostinno : Great coverage of local startup happenings with a growing network of local writers. Lean Startup Circle Boston – Meetup dedicated to the lean startup and customer development methodology. VentureCafe - Networking venue within the CIC. Coworking Spaces and Accelerators.

Boston 71

Boston Technical Review Community Cofounder 71

ConversionXL

OCTOBER 30, 2014

Why Are They Referring New Customers Completely Unprompted? One on one interviews, surveys, and other customer development techniques can help to reveal this. The reason for this gap was twofold: The majority of happy clients weren’t comfortable having conversations with their friends about finances.

Programming 107

Programming Marketing Analytics Portfolio 107

www.kernelmag.com

MARCH 8, 2012

People waiting to be someone else’s technical co-founders don’t exist, and they’re certainly not on “founder dating” sites or hanging out at networking events. Is there a junior or senior developer from a previous gig who will respect you for a previous role and be ready to build their own baby with you? Columnists.

Cofounder 43

Cofounder Technical Cofounder Founder Coder 43

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 163

Silicon Valley China Venture Capital Merger 163

View from Seed

JANUARY 28, 2016

On Wednesday, my partner David wrote about how we’ve been using our office space (and network and other resources) to support pre-seed companies. When we talk about seeds, we mean your first outside round of financing at the earliest stages of your business. You can find that here.

Cofounder 120

Cofounder Finance Founder Syndicate 120

www.aaronkharris.com

SEPTEMBER 12, 2011

I recently left one of the worlds largest hedge funds, and finance in general, to launch Tutorspree. Skipping ahead a bit Suffice it to say that we spent much of the last few months on customer development, a topic which merits its own post, and at which I think we’ve done a decent job. How am I going to do that?

CTO Hire 40

CTO Hire New York City .Net Cofounder 40

SoCal CTO

SEPTEMBER 8, 2010

Making Money From Social Games - ArcticStartup , August 23, 2010 Games Developer Conference Europe 2010 (GDCE) took place last week in Cologne, Germany. As most, if not all, of the games on social networks use the freemium business model (i.e. Social gaming was naturally one of the key topics, covered in many presentations.

Startup 191

Startup CTO Hire Cofounder Venture Capital 191

Steve Blank

OCTOBER 10, 2016

She and her team ran a successful Kickstarter campaign, went through the Techstars Boulder 2015 accelerator program, and recently closed a $3 million financing round with The Foundry Group. . Every networking event I would go to, the first, second or third question anybody would ask me is, “What round are you on?

Entrepreneur 120

Entrepreneur Cofounder San Francisco Campaign 120

Steve Blank

JANUARY 17, 2016

Yet this same network of connected people affects who gets funded, how startup teams form, and who gets hired. . In ’05, social networking was not quite as prevalent as is it today. Steve : That’s an interesting … It’s truly an ‘old boy’ network. It’s all those pieces. …. Wayne : Yes.

Silicon Valley 120

Silicon Valley North Carolina Cofounder Entrepreneur 120

The Equity Kicker

MARCH 6, 2014

This is a quote from Leander Kahney’s recently published book on Apple design chief Jony Ive: “In the world according to Steve Jobs, the ANPP would rapidly evolve into a well-defined process for bringing new products to market by laying out in extreme detail every stage of product development.

Product 84

Product Venture Capital Lean Finance 84

A Smart Bear: Startups and Marketing for Geeks

OCTOBER 24, 2011

Because then you’d miss out on: Whether it’s better experience to build a complete, tiny startup or to do more in-depth customer development for a meatier problem. So that means stuff like thinking about what a business model might be, it does mean customer development. So I have a question for you, Jason.

Cofounder 208

Cofounder Technical Review Software Review Differentiation 208

Startup Lessons Learned

DECEMBER 4, 2013

The livestream site will include a chat area for all of the livestream hosts, an opportunity to connect and network around the world. Of course, you’re also invited to our December 9 evening reception, an event sponsored by Pivotal Labs and designed to foster productive networking in a professional, alcohol-limited environment.

Lean 167

Lean San Francisco Conversion Startup 167

Steve Blank

JUNE 1, 2011

3) An experienced board brings an extensive network of customers, partners, help in recruiting, follow-on financing, etc. From a founder’s point of view there are three reasons for board meetings. 1) It’s an obligation that came with the check. What’s Wrong With a Board Meeting? The Wrong Metrics.

Silicon Valley 296

Silicon Valley Business Model Venture Capital Balance Sheet 296

Steve Blank

JUNE 1, 2011

3) An experienced board brings an extensive network of customers, partners, help in recruiting, follow-on financing, etc. From a founder’s point of view there are three reasons for board meetings. 1) It’s an obligation that came with the check. What’s Wrong With a Board Meeting? The Wrong Metrics.

Silicon Valley 269

Silicon Valley Business Model Venture Capital Balance Sheet 269

www.instigatorblog.com

MARCH 2, 2010

The Importance of Advisory Boards for Startup CEOs Tweet When a startup receives financing it will need to setup a Board of Directors. What many first-time CEOs might not realize is that they may need to setup an Advisory Board as a condition of receiving financing. Mark Macleod spells it out beautifully in his post on Advisory Boards.

Advisory Board 40

Advisory Board Startup Cofounder Equity 40

rob.by

MARCH 8, 2012

It means they have to deal with finances and customers and investors and other things that aren’t what they love to do, which is building software. The other thing I’m doing differently is focusing mostly on my network instead of job boards and meetups, etc and having cold start meetings with random people I come across.

Technical Cofounder 42

Technical Cofounder Cofounder Software Engineering Fractional CTO 42

Steve Blank

MARCH 29, 2016

He also co-founded three companies: a broadcasting network, Air America Media, a solar energy company, Atenergy and a branding agency, Brand Maestro. the FEC deals with campaign finance information, regulating and disclosing all that information. Filed under: Customer Development , SiriusXM Radio Show.

Small Business Administration 120

Small Business Administration SBIR United States Entrepreneur 120

Hunter Walker

DECEMBER 19, 2013

The product was still evolving but their execution ability and customer development had accelerated nicely during the startup’s first few months. We Let The Round Become Competitive: There were dynamics to the opportunity which suggest we could have led the financing if we moved earlier. Two learnings.

Cofounder 105

Cofounder Term Sheet Seed Stage Portfolio 105

Steve Blank

OCTOBER 26, 2009

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. Reply Innovation Ecosystems Network » The Next Silicon Valley , on August 17, 2010 at 10:05 pm Said: [.] play in the entrepreneurship ecosystem.

Silicon Valley 174

Silicon Valley Securities and Exchange Commission Venture Capital RSS 174

The Entrepreneurial Mind

MARCH 10, 2011

This is true in the typical areas of accounting, finance, marketing, fundraising (like other micro funds). Program Content : "Lean Startup / Customer Development in practice. JSF Angels : "Jumpstart is creating an angel network for the explicit purpose of supporting our graduates after the program.

Nashville 65

Nashville Tennessee PHP Ruby 65