Customer Government Incubator 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
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.
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maplebutter.com
JANUARY 8, 2013
Outsourcing is something a big company, with a known customer / problem (that has revenue & traction) does to save cost. Talk to your customers. The right people are potential customers – ask them if they have the problem. Other sources of capital. Government grants – Credit cards / debt.
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
Government and the enterprise are now followers rather than leaders. In the 20 th century startups I was part of, the time to build a first product release was measured in years as we turned out the founder’s vision of what customers wanted. The founders were simply wrong about their assumptions about customer needs.
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