Steve Blank

NOVEMBER 16, 2009

I was in New York last week with my class at Columbia University and several events made me realize that the Customer Development model needs to better describe its fit with web-based businesses. In it, I got asked a question I often hear: “What if we have a web-based business that doesn’t have revenue or paying customers?

Customer Development 227

Customer Development Web Developer Customer 227

SVPG

OCTOBER 13, 2011

I held off a little on this because he has been working on a book which has just recently been published, called “ The Lean Startup ” and in this article I’d like to discuss the key concepts in the book and provide that mapping. Customer Archetype = Persona. Portfolio Thinking = Portfolio Grooming.

Lean 63

Lean Stealth Portfolio Engineer 63

Startup Lessons Learned

JULY 28, 2010

kaChing has been very active in the Lean Startup movement. With case studies like this, we aim to illustrate specific Lean Startup techniques through the stories of current practitioners. kaChing launched a virtual portfolio management game on Facebook in January 2008 and a similar version shortly thereafter on kaChing.com.

San Francisco 158

San Francisco Lean Continuous Deployment SEC 158

View from Seed

MARCH 11, 2020

This includes things like: Making intros to portfolio companies that are potential customers. In a way, customer intros are always good, so this could also be done earlier in the process. These are people who would vouch for you, but you only want to lean on for a small handful of high priority investors.

Technical Review 279

Technical Review Due Diligence Term Sheet Seed Stage 279

Startup Lessons Learned

DECEMBER 14, 2017

Guest Post by Misti Yang, Writer for Lean Startup Co. Editor’s Note: We wrapped up the 2017 Lean Startup Week in San Francisco just a few weeks ago, and we’re excited to share with you some of the best lessons learned in entrepreneurship and corporate innovation. Because these Lean Startup people, they do crazy stuff,” Alex joked. “So

Lean 245

Lean Startup CTO Hire Cofounder 245

YoungUpstarts

AUGUST 21, 2020

And if the financial professional does not already have all of the information needed to correct the application, it has to go back to the client, which not only slows the process down but also creates a poor customer experience. Applications can be submitted and processed faster, which lets customers get their policies issued faster.

Technical Review 244

Technical Review SEC Affiliate Technology 244

Steve Blank

FEBRUARY 23, 2013

To get some perspective on this question, I recently talked with Steve Blank , a serial entrepreneur, co-author of The Start-Up Owner’s Manual, and father of the “lean start-up” movement. As someone who teaches entrepreneurship not only in universities but also to U.S.

Business Model 333

Business Model Technical Review Business Plan Search 333

Steve Blank

MAY 28, 2009

Customer/Market Risk Versus Invention Risk One day I was having lunch with a VC sharing what I learned from my students. Our firm has a portfolio of companies across a broad range of markets and the way we look at it is pretty simple – the deals fall into two types: those with customer/market risk and those with invention risk.”

Vertical 159

Vertical Silicon Valley Marketing Customer 159

ReadWriteStart

JUNE 1, 2020

The primary source of your funds should be your paying customers, i.e., your business should generate enough revenues and profits to fund the growth and expansion. Any custom manufactured IoT device would require software development as well as hardware customization. Investors usually carry a portfolio of startups.

Startup 150

Startup Entrepreneur Elevator Pitch Seed Stage 150

Brandanew

AUGUST 19, 2016

There are plenty of reasons it is used as a content management system for websites, such as full control, good user interface, customer support, and a wide range of themes. This enables you to keep the sidebar and header from the portfolio page as well as the portfolio posts. Multiple widgets and sidebars.

PHP 100

PHP Widget HTML Portfolio 100

Up and Running

JANUARY 15, 2018

Create a Lean Business Plan. Instead, you can create an alternative to a traditional business plan—a Lean Plan which is easier to adapt throughout the life of your business. Your portfolio website is undoubtedly one of your most important assets when it comes to promoting your services. Showcase your work.

Web 86

Web Design Software Review Elevator Pitch 86

The Startup Magazine

MAY 26, 2024

Her fund, Day One Ventures , has built an exceptionally successful business model, achieving a cumulative portfolio of companies surpassing $35 billion in just a few years. Stepping Up to the Plate The portfolio companies of Day One Ventures are largely helmed by minority or women founders.

Los Angeles 78

Los Angeles Global Founder Venture Capital 78

ConversionXL

MAY 6, 2021

If you’re a lean startup just starting, there’s much less inertia to overcome. Additionally, because Webflow can be customized without the use of code, you won’t necessarily need to account for a large dev team budget to make the changes you need as is the case with WordPress in many instances. Webflow pricing ( Image source ).

Software Review 91

Software Review Technical Review Hosting SEO 91

Steve Blank

FEBRUARY 23, 2013

To get some perspective on this question, I recently talked with Steve Blank , a serial entrepreneur, co-author of The Start-Up Owner’s Manual, and father of the “lean start-up” movement. As someone who teaches entrepreneurship not only in universities but also to U.S.

Business Model 225

Business Model Business Plan Technical Review Search 225

Austin Startup

MAY 11, 2017

We invest in companies that sell to both enterprise/SMB customers as well as direct to consumers. Aligned Partners offers our portfolio companies world-class venture capital expertise while enabling founders to start lean and stay lean all the way through their growth. We solve problems and dominate critical markets.

Private Equity 48

Private Equity Venture Capital Technical Review Seed Stage 48

Both Sides of the Table

NOVEMBER 3, 2009

portfolios. The last couple of years has also seen the huge initial success of Ycombinator, the Lean Startup and many other product driven approaches to going to market. It should talk about how many customers you think you will acquire and how much you’ll charge for your product. I care about your assumptions going in.

Business Plan 334

Business Plan AJAX Venture Capital Technical Review 334

Seeing Both Sides

SEPTEMBER 19, 2010

The post is a great one, and it raises something I've been thinking a bit about lately, which is whether the lean start-up approach to building start-ups can be applied to industries beyond Internet/software. The case studies will go beyond Internet/software start-ups in exploring how other sectors can apply lean start-up theory.

Venture Capital 37

Venture Capital Lean Technical Review Software Review 37

VC Cafe

JANUARY 24, 2021

Companies like iHeartMedia, SiriusXM, and Spotify are investing in and leading the evolution of audio, focused on music streaming (on-demand and lean-back modalities), podcasting and content production. Disclaimer: we have three portfolio companies in the consumer mobile space, still in stealth). credit App Annie. social media.

Technical Review 207

Technical Review Audio Forecast Social Media 207

The Equity Kicker

MARCH 13, 2014

On Tuesday night Michael Breidenbruecker , founder of Last.fm, RJDJ and all round nice guy gave a talk for around 50 of our friends and portfolio company staff (thanks again Michael). In his new startup Michael is rigorously applying lean principles. One of the interesting things about the Last.fm

Lean 122

Lean Portfolio Design Customer Development 122

The Next Web

NOVEMBER 17, 2013

Whether that means chasing down a technical co-founder, learning to code, or even building that “Lean MVP” – the conventional wisdom is that without tech abilities you’re nothing more than a dude (or dudette) with a Powerpoint. They’re getting their first customers with minimal technology, and often no code at all.

Artificial Inteligence 167

Artificial Inteligence Cofounder Startup Widget 167

ConversionXL

MARCH 19, 2020

Greater discipline during boom times offered more flexibility during lean years. And getting it right during the lean years, Bain reports , has a massive impact on companies’ growth rate after things improve: ( Image source ). They do more of the same with less, often lowering quality and customer satisfaction. Promotion.

Marketing 121

Marketing Campaign Non-Compete Lean 121

Both Sides of the Table

SEPTEMBER 28, 2014

You are particularly vulnerable if: You have revenue concentration (few customers each providing a large total of percentage of your revenue). You have a large number of startup customers (because when markets crash they have a funny way of going bankrupt quickly or cutting burn precipitously). Better that you know early.

Burn Rate 383

Burn Rate Balance Sheet .Net Valuation 383

Rob Go

SEPTEMBER 9, 2013

Lean Startup Circle Boston – Meetup dedicated to the lean startup and customer development methodology. Custommade – Marketplace for Customer Products (NextView Portfolio Company). GrabCAD – 3D Community and Collaboration (NextView Portfolio Company). Plastiq – Payments (NextView Portfolio Company).

Boston 71

Boston Technical Review Community Cofounder 71

The Equity Kicker

DECEMBER 5, 2013

Good examples of things we like from our portfolio include: Hailo - a new way of booking taxis that people love because the product is a joy to use. We think about ecommerce in the widest sense, including innovative product companies that sell direct and businesses building new ways to buy things online.

Partner 117

Partner Software Review eCommerce Due Diligence 117

David Teten

SEPTEMBER 6, 2015

Her work included heading Nokia’s location-based services business and app portfolio for emerging markets, which she built from a back-of-a-napkin idea to a 100-person organization with over 10 million users. But most commonly these are customer relationships: the operating unit becomes one of the startup’s first or largest customers.

Venture Capital 60

Venture Capital Balance Sheet Technical Review Portfolio 60

Startup Lessons Learned

NOVEMBER 17, 2008

Lessons Learned by Eric Ries Monday, November 17, 2008 The four kinds of work, and how to get them done: part one Ive written before about some of the advantages startups have when they are very small, like the benefits of having a pathetically small number of customers. Talking to potential customers and competitors customers.

San Francisco 88

San Francisco Lean Continuous Deployment DC 88

ConversionXL

JANUARY 18, 2022

In this article, you’ll understand how to build a memorable brand that your customers want to buy from. Learn how to identify what your customers want from your brand, how to build momentum with content, and then explore some brands that excel at brand marketing. Why should customers choose to do business with you?

Marketing 109

Marketing Social Media Non-Compete Audience 109

Austin Startup

FEBRUARY 1, 2018

Creating and showing constant momentum through personal portfolio projects and volunteering is a powerful means of landing a new job as a product manager, especially if one has never officially held the professional title “Product Manager.” Commit to observing and interacting with your customers on a weekly, if not daily basis.

Management 85

Management Product Technical Review Software Review 85

Mucker Lab

OCTOBER 12, 2016

As a result, any public market downturn will immediately impact unrealized returns of the fund they are managing due to the late and growth stage companies in their portfolio. Financially, they have to reserve capital to support large portfolio companies that account for big portions of the portfolio and thus make less early stage investment.

Harvest 60

Harvest Vertical IPO Early Stage 60

David Teten

DECEMBER 16, 2015

In addition, we typically ask portfolio companies to report on the following non-financial metrics: Universal Metrics. Users/Customers. Customer Acquisition Cost (CAC). Customer Lifetime Value (CLTV). Customers, MRR and key activities are the firewood to keep us going.”. ff Venture Capital portfolio company.

Metrics 60

Metrics Analytics Balance Sheet .Net 60

Steve Blank

FEBRUARY 23, 2009

Both venture firms sought my advice for their portfolio companies. I was between my 7th and 8th and final startup; licking my wounds from Rocket Science, the company I had cratered as my first and last attempt as a startup CEO. It was a long way from Ellis Island.) Surprisingly, I enjoyed seeing other startups from an outsider’s perspective.

Silicon Valley 129

Silicon Valley RSS Venture Capital Customer Development 129

Steve Blank

SEPTEMBER 14, 2009

Over the same 30 years, Venture Capital firms have honed their skills and strategies to match Wall Streets needs to achieve liquidity for their portfolio companies. In this time, building a successful business meant building a company that had paying customers quarter after quarter. What Do VC’s Do?

Silicon Valley 233

Silicon Valley IPO Technical Review Venture Capital 233

View from Seed

JULY 21, 2022

For creatives, we’re a premium, value-aligned partner to help grow their networks and portfolios, and monetize their passions. RH: Who are your customers? We call this the Creative Gig Economy and it is made up of creative service providers who need tools to hone their craft, book jobs, and build their portfolios.

Early Stage 156

Early Stage San Francisco Michigan Portfolio 156

crowdSPRING Blog

OCTOBER 3, 2014

9 Tools to Help Fix the Customer Experience Gap – crowdspring.co/1n6IdGv. 7 Tips for Getting Useful Customer Feedback – crowdspring.co/1na6mf3. David vs. Goliath: Lean Startup Advantages | OpenView Blog – crowdspring.co/1x2JFtG. 7 Tips for Getting Useful Customer Feedback – crowdspring.co/1na6mf3.

Social Media 94

Social Media Small Business Design Media 94

This is going to be BIG.

JUNE 14, 2011

Last Thursday night, Amazon CTO Werner Vogels joined a small group of technical folks from cloud and commerce related First Round portfolio companies for dinner at Double Crown. Werner is intensely focused on not only getting customer feedback, but also on how Amazon can better support innovative startups.

Lean 108

Lean Portfolio Cloud Startup 108

crowdSPRING Blog

JANUARY 15, 2012

We write often about small businesses and startups and lean approaches to marketing and other business functions. In fact, many brands are leveraging crowdsourcing not just to deliver design assets or other collateral, but to engage their own customers or clients in the process. This 10-year project invites consumers.

Software Review 89

Software Review Technical Review Social Media Community 89

ReadWriteStart

AUGUST 26, 2022

What guidance for your portfolio companies? I think every company’s portfolio is different, so they’re all different sizes, different stages, different geographies, different cash positions, and different market leadership positions. . I will say the one thing we tell all our portfolio companies is to get fit and lean in.

Partner 132

Partner Cofounder Retention Acquisition 132