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.

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The Equity Kicker

SEPTEMBER 24, 2014

Two developments have changed the face of startup investing in the UK in recent years. The first development is increased capital efficiency. The second development is SEIS and EIS. Forward Partners and Crowdcube are both attacking elements of these problems.

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Startup Lessons Learned

MARCH 6, 2013

Once again, along with my partners at 500 Startups, we are proud to present the most substantive track at SXSW: [link] There was a running joke last year that "the Lean Startup track was the only place at SXSW you couldn't get out of the building." STAY #500STRONG ON THE INTERWEBS OUR STARTUP LOVIN' PARTNERS. We're back!

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Steve Blank

NOVEMBER 21, 2016

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. government does have some unique convening power and the ability to tap external talent and resources.

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Steve Blank

NOVEMBER 21, 2016

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. government does have some unique convening power and the ability to tap external talent and resources.

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Silicon Valley Washington United Kingdom Lean 120

Steve Blank

JUNE 26, 2015

government to help them innovate faster– not just kind of fast, but 10x the number of initiatives in 1/5 the time. Companies pursuing innovation can Buy, Build, Partner or use Open Innovation. Filed under: Big Companies versus Startups: Durant versus Sloan , Customer Development , Science and Industrial Policy.

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Steve Blank

JANUARY 22, 2013

My co-author and business Partner Bob Dorf spends much of his time traveling the world teaching countries and companies how to run the Lean LaunchPad program. The program is funded by the Colombian government and modeled after the NSF Innovation-Corps program created and built by my partner and co-author Steve Blank.

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Steve Blank

AUGUST 29, 2016

We tend to associate the government with words like bureaucracy rather than lean innovation. But smart people within government agencies are working to change the culture and embrace new ways of doing things. The National Geospatial Intelligence Agency (NGA) is a great example. The NGA, an organization within the U.S.

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Steve Blank

AUGUST 29, 2016

We tend to associate the government with words like bureaucracy rather than lean innovation. But smart people within government agencies are working to change the culture and embrace new ways of doing things. The National Geospatial Intelligence Agency (NGA) is a great example. The NGA, an organization within the U.S.

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Lean Silicon Valley Government Acquisition 177

Steve Blank

JULY 13, 2021

A decade later, I began to teach the foundations of Lean, first at UC Berkeley (Customer Development) and then at Stanford using cases and business plans. Lean-driven (hypothesis testing/business model/customer development/agile engineering). One of the goals of the class is to talk to 100 customers and partners.

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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. China Customer Development Technology Venture Capital'

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Steve Blank

JANUARY 22, 2013

My co-author and business Partner Bob Dorf spends much of his time traveling the world teaching countries and companies how to run the Lean LaunchPad program. The program is funded by the Colombian government and modeled after the NSF Innovation-Corps program created and built by my partner and co-author Steve Blank.

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Colombia Lean Silicon Valley Coder 271

Steve Blank

AUGUST 17, 2009

Stanford had a Customer Development loop going on inside their own lab. The discoveries in tube and circuit research suggested new electronic intelligence and countermeasure techniques and systems; in turn the needs of the Applied Lab pushed tube and circuit development.

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Steve Blank

OCTOBER 6, 2020

Class 3: Our guest speaker for session 3 was Anja Manuel , former State Department official, founding partner of Rice, Hadley, Gates and Manuel and author of This Brave New World : India, China and the United States. Advancements in these technologies will be driven by consumer demand and the potential for profit- not government directives.

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Steve Blank

JULY 2, 2009

If you were a “with it” VC you needed to have a “Content&# or “Multimedia&# company in your portfolio to impress your limited partners – educational software companies, game companies, or anything that could be described as content and/or Multimedia. Not all VCs are equal.

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Steve Blank

JUNE 11, 2012

While many government agencies use Technology Readiness Levels to measure a projects technical maturity, there are no standards around Business Maturity Levels. It doesn’t replace private capital with government funds. 2) Get the teams out of the building to test their hypotheses with prospective customers.

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Steve Blank

AUGUST 5, 2013

We figured our key partners would include consumers (to contribute data much like Wikipedia’s users), manufacturers (to keep their product information updated) and the US government (to supply datasets to power our content). Lean Start-up Connection: Customer Development. Filed under: Customer Development.

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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. China Customer Development Technology Venture Capital'

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Steve Blank

JUNE 5, 2018

However, without any measurable milestones to show evidence of the evolution of what the team has learned about validity of the problem, customer needs, pivots, etc., Some examples of innovation tools are Customer Development, Design Thinking, User-Centric Design, Business Model Canvas, Storytelling, etc.

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Steve Blank

JUNE 11, 2013

If you don’t have scale as a goal then you shouldn’t be raising money from angel or venture investors, you should be getting a commercial or government small business loan.). • Search. Does our product or service solve a customer problem (product-market fit)? How do we attract, keep and grow customers? Who are the partners?

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Steve Blank

MARCH 31, 2015

government reengineered its approach to building weapons. In a major break from the past, where the military designed all its own weapons, 10,000 scientists and engineers from academia worked in civilian-run weapons labs (most headquartered in universities) in an organization called the Office of Scientific Research and Development (OSRD).

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Steve Blank

MARCH 28, 2017

Today, his company BMNT does for government and commercial customers what the Rapid Equipping Force did for the U.S. Unlike businesses, government organizations don’t sell products, and they don’t earn revenue. A beneficiary can be a soldier, program manager, commanding general, government contractor, stakeholder, customer, etc.)

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Steve Blank

JULY 2, 2015

My guests this past week on Bay Area Ventures on Wharton Business Radio on Sirius XM Channel 111 were: Pete Newell , managing partner of BMNT Partners. John Kuhn , who works at BMNT Partners. military and are now helping government agencies operate with the speed and urgency of Silicon Valley.

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Steve Blank

JUNE 8, 2017

Few consider opportunities to make the world safer with the Department of Defense, Intelligence Community or other government agencies. Each of their slide presentation follow their customer discovery journey. Filed under: Customer Development , Hacking For Defense , Lean LaunchPad. 21 st Century Frogman. Sign up here.

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Both Sides of the Table

NOVEMBER 4, 2012

I had this discussion with Steve with the camera rolling and we talked about “ The Secret History of Silicon Valley ” as place that largely grew out of defense and government spending plus research labs around the Stanford campus. 4:30 How did you come up with the idea of customer development?

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Steve Blank

JUNE 11, 2013

If you don’t have scale as a goal then you shouldn’t be raising money from angel or venture investors, you should be getting a commercial or government small business loan.). • Search. Does our product or service solve a customer problem (product-market fit)? How do we attract, keep and grow customers? Who are the partners?

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David Teten

SEPTEMBER 6, 2015

She had so much insight to share that we broke the interview into two parts, 1) Corporate Venture Capital and more broadly, 2) How the Fortune 500 Can Buy, Invest and Partner with the Innovation Economy (coming soon). . Could they excel at customer development with enterprises? Can the founders communicate well?

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Steve Blank

JULY 15, 2010

VC’s invested their limited partners’ “risk capital” in a portfolio of startups in exchange for illiquid stock. Some of the old-line venture firms have changed their strategy, but some are still locked into last decade’s model while the partners are living off of their management fees and go through cargo cult like rituals.

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Steve Blank

MAY 30, 2016

government has embraced Lean methodologies to reinvigorate its innovation efforts was the focus of the latest episode of my SiriusXM radio show, Entrepreneurs are Everywhere. He offered context for the government’s innovation efforts: The Federal Government plays a critical role in innovation in our country and has throughout our history.

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Steve Blank

MARCH 26, 2012

He asked tough questions about why the government not private capital should be doing this. government, American researchers in academia and risk capital can do together. We now know how to reduce customer and market risk for new ventures. Filed under: Customer Development , Lean LaunchPad , Technology.

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Steve Blank

JULY 23, 2014

Their goal was to train University scientists and researchers to use Lean Startup methods (business model design, customer development and agile engineering) to commercialize their science. National Science Foundation adopted my Lean LaunchPad class. A transition plan to move the effort forward and bring the innovation to scale.

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Steve Blank

AUGUST 5, 2010

Bayh-Dole allowed for private ownership of government funded intellectual property developed in universities while the Orphan Drug Act created incentives for developing drugs for disorders afflicting fewer than 200,000 Americans. Lean VC’s are expert in on-line distribution, Agile and Customer Development.

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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.

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Steve Blank

DECEMBER 30, 2014

However, one of the bottlenecks in actually doing Customer Discovery for medical devices/health care is testing how minimal viable products work in-context. Testing hypotheses with doctors, patients, payers, providers, purchasing departments, strategic partners is hard. It Takes a Village.

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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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Steve Blank

JUNE 3, 2016

Few consider opportunities to make the world safer with the Department of Defense, Intelligence Community or other government agencies. And we will build a knowledge base of DOD/IC acquisition primers, customer development best practices, org charts, etc. Each of their slide presentation follow their customer discovery journey.

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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.

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