Customer Customer Development Government Seed Capital 
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. In the past, the time to build a first product release was measured in months or even years as startups executed the founder’s vision of what customers wanted.
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.
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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? The goal is to scale.
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? The goal is to scale.
maplebutter.com
JANUARY 8, 2013
Near shoring development with your team (ex: your team is based in Canada / India) is cool, but not outsourcing. Outsourcing is something a big company, with a known customer / problem (that has revenue & traction) does to save cost. Talk to your customers. Other sources of capital. How do I stay motivated?
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