Steve Blank
NOVEMBER 24, 2010
the failure rate of new ventures (startups had no formal rules and were a hit or miss proposition), the slow adoption rate of new technologies by the government and large companies. Today open source software has slashed the cost of software development from millions of dollars to thousands. The Democratization of Entrepreneurship.
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.).
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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.
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.).
David Teten
OCTOBER 1, 2015
Customer development would be reduced to a single person exercise that could be repeated in parallel dozens of times over, ultimately yielding 30+ companies a year. Many industries are very difficult to penetrate from the outside, e.g. healthcare, education, government services, and more. Our model at Casual Corp. Rock Health).
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