Customer Development Government Partner Seed Capital 
Steve Blank
APRIL 12, 2013
The first wave of startups began when R&D centers and universities began to provide the technology and seed capital for new startups that were spin-outs or spin-offs. 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.
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
APRIL 12, 2013
The first wave of startups began when R&D centers and universities began to provide the technology and seed capital for new startups that were spin-outs or spin-offs. 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.
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?
maplebutter.com
JANUARY 8, 2013
What is the best advice you can give for finding a business partner? Don’t quickly choose any business partner. The key is to ask the right people what they think – not your friends, parents or partner. The right people are potential customers – ask them if they have the problem. Other sources of capital.
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