Remove Customer Development Remove Government Remove Internet Remove Technology
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The Government Starts an Incubator: The National Science Foundation Innovation Corps

Steve Blank

government has been running one of the most audacious experiments in entrepreneurship since World War II. 63 scientists and engineers in 21 teams made 2,000 customer calls in 8 weeks , turning laboratory ideas into formidable startups. 19 of the 21 teams are moving forward in commercializing their technology. billion U.S.

Incubator 301
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Is the Lean Startup Dead?

Steve Blank

As a reminder, the Dot Com bubble was a five-year period from August 1995 (the Netscape IPO ) when there was a massive wave of experiments on the then-new internet, in commerce, entertainment, nascent social media, and search. Then the cycle repeats with a new set of technologies.

Lean 335
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China Startups – The Gold Rush and Fire Extinguishers (Part 5 of 5)

Steve Blank

70% of Chinese Internet users are under 30. Internet penetration in Beijing is greater than 70% while it’s less than 25% in Yunnan, Jiangxi, Guizhou and other provinces. The slide below from the Zhen Fund shows the breadth of business coverage of each of the Chinese Internet incumbents. New Rules for China. Fear of Failure.

China 323
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China Startups – The Gold Rush and Fire Extinguishers (Part 5 of 5)

Steve Blank

70% of Chinese Internet users are under 30. Internet penetration in Beijing is greater than 70% while it’s less than 25% in Yunnan, Jiangxi, Guizhou and other provinces. The slide below from the Zhen Fund shows the breadth of business coverage of each of the Chinese Internet incumbents. New Rules for China. Fear of Failure.

China 215
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The Rise of the Lean VC – Consumer Internet Gets Its Own Investors

Steve Blank

Consumer Internet investing seems to have split off from traditional Venture Capital, and is creating a new category of VC’s: Lean VC’s. I think you can blame Customer and Agile Development for a small part of it. The Rise of the “Lean VC’s” – Consumer Internet Gets Funded. Here’s why.

Lean 258
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Touching the Hot Stove – Experiential versus Theoretical Learning.

Steve Blank

It took me 8 startups and 21 years to get it right, (and one can argue success was due to the Internet bubble rather then any brilliance.) No internet, no blogs, no books on startups, no entrepreneurship departments in universities, etc. It’s what my textbook on Customer Development describes. I was an idiot.

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Hacking for Diplomacy – The State Department Takes Notice

Steve Blank

They shared their experiences of how technology has enhanced – and threatens to undermine – diplomatic work. The students “get out of the building” and test their hypotheses in front of potential beneficiaries using the Customer Development methodology, all while building and updating their Minimal Viable Products.