article thumbnail

SuperMac War Story 6: Building The Killer Team – Mission, Intent.

Steve Blank

Reply How to close a term sheet quickly - Venture Hacks , on April 28, 2009 at 10:43 am Said: [.] Steve Blanks 30 years of Silicon Valley startup advice. on April 10, 2009 at 6:58 am Said: Amazing blog. your lawyers that you want to have an extremely firm date for the closing process. Order Here. Now In Print!

article thumbnail

Raising Money Using Customer Development

Steve Blank

Chasing funding versus chasing customers and a repeatable and scalable business model, is one reason startups fail. Product Development – Getting Funded as The Goal In a traditional product development model, entrepreneurs come up with an idea or concept, write a business plan and try to get funding to bring that idea to fruition.

Insiders

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

article thumbnail

“Lessons Learned” – A New Type of Venture Capital Pitch

Steve Blank

But Cafepress’s most memorable moment was when the founders used a “Lessons Learned” VC pitch to raise their second round of funding and got an 8-digit term sheet that same afternoon. The presentation didn’t have a single word about Lean Startups or Customer Development. Here’s how they did it. And learn from it.”

article thumbnail

supermac War Story 7: Rabbits Out of the Hat - Product Line Extensions

Steve Blank

Now, I’m not saying that all this work went smoothly according to the original plan– it certainly didn’t– but the development of this product line wasn’t just a marketing miracle created entirely after the fact. Steve Blanks 30 years of Silicon Valley startup advice. Order Here. Now In Print!

article thumbnail

Top 120 Startup Posts for 2010

SoCal CTO

November 23, 2010 Entrepreneurs, Using Outsourcing to Obtain Capital Efficiency Needs to be Thought Through to be Effective - Robert Ochtel , June 7, 2010 Teen Entrepreneur, Brian Wong, Youngest Founder to Receive Angel Funding - teenentrepreneurblog.com , October 28, 2010 Build Your Own Silicon Valley?

article thumbnail

Startup Tools

steveblank.com

Reply steveblank , on September 16, 2009 at 7:00 pm said: Greg, The Google Group “Lean Startup Circle&# at [link] is a wonderful repository of Customer Development/Lean Startup success and failure. It’s more reference material. Thus, these pages. I’ll add more as time goes on. Can we touch base on this.

article thumbnail

Startup Resources

www.vccafe.com

Steve Blank on Lean Customer Development. WSGR Term Sheet Generator. Orrick, Herrington Term Sheet Generator. Founders Institute Plain Preferred Term Sheet â?? Customer Development. Seed Term Sheet. Silicon Roundabout. silicon valley. Silicon Wadi.