Demo Day Fundraising and The Lean Startup

Grasshopper Herder

Lean Startup takes our biggest business risk and reduces it. If our biggest risk is that our demo day fundraising pitch will fail, we can test that. The post Demo Day Fundraising and The Lean Startup appeared first on GrasshopperHerder.com. Accelerators & Incubators Lean Startup Fundraising

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Why Real Learning is Outside the Building, Not Demo Day

Steve Blank

Over the last three years our Lean LaunchPad / NSF Innovation Corps classes have been teaching hundreds of entrepreneurial teams a year how to build their startups by getting out of the building and testing their hypotheses behind their business model.

The National Geospatial Intelligence Agency Goes Lean

Steve Blank

We tend to associate the government with words like bureaucracy rather than lean innovation. Department of Defense by adopting Lean Methodology inside their agency. The NGA has adopted Lean Innovation methods to make this happen.

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The National Geospatial Intelligence Agency Goes Lean

Steve Blank

We tend to associate the government with words like bureaucracy rather than lean innovation. Department of Defense by adopting Lean Methodology inside their agency. The NGA has adopted Lean Innovation methods to make this happen.

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Lean Business Planning with Tim Berry [VIDEO]

Up and Running

We recently had Tim Berry, Palo Alto Software founder and business planning expert, present our Bplans audience with his latest advice on lean business planning. Start your lean business plan today: Download our Free Lean Plan Template one-page-pitch-download.pdf.

Combining big ideas and lean development practices

The Equity Kicker

Lots of Forward Partners portfolio companies have used lean development practices to great effect (many of them with our assistance) and all of them are pursuing big and ambitious projects (defined as targeting £100m-1bn+ exits).

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Lessons Learned from Capital Factory Demo Day 2010: What Does It Really Mean To Be Lean?

Austin Startup

At Wednesday’s Capital Factory Demo Day , one of the major takeaways for me was that many of us don’t really know what a lean startup is, or how one is successfully managed. This idea was brought to my attention during Ash Maurya’s presentation called “How to Identify a Lean Startup”.

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Case Study: Lean UX at work

Startup Lessons Learned

Jeff has been promoting the use of Lean UX as an effective method to spur greater innovation, quality and productivity in startups as well as within teams in larger organizations. Lean Startups need to make snap decisions, iterate quickly and pivot when needed.

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New York Lean Startup Week

Startup Lessons Learned

We'll have slides and video from our Lean Startup track posted soon. Don't forget to vote to help choose a Lean Startup SXSW Challenge winner. I am declaring next week to be officially Lean Startup Week in New York City. 3/29 6-9pm - Demo Competition & Interview with Eric Ries NYU's Himelberg Speaker Series brought to you by the NYU Stern Berkley Center for Entrepreneurship and Innovation with help from Tech@NYU Columbia, Weds. SXSW was amazing and exhausting.

Kiwi lean startup + Australia next

Startup Lessons Learned

Their supposed lack of ambition was belied by the many cool demos and startups I got to meet. If anyone is interested, the Wellington Lean Startup Meetup is a good place to start. Im particularly looking forward to inaugurating the Sydney Lean Startup meetup.

The Lean Stack – Part 1

www.ashmaurya.com

Even though running experiments is a key activity in Lean Startups, correctly defining, running, and tracking them is hard. Version 1: Risks and Experiments Layers to Lean Canvas Our first approach was to utilize a layers model to the Lean Canvas.

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Lean Marketing Tips: Hyperlocal Marketing Channels

crowdSPRING Blog

The Lean Startup movement provides a wonderful template, and Ross wrote a great post in which he discussed how managers can use these principles in their own marketing campaigns. Related posts: Lean Marketing tips: not-for-profit edition.

Our 7 favorite startups from the Wayra London 2013 demo day

The Next Web

At the demo day, Tine Hamler, CEO of the company said it was seeking £250k to increase the sales and marketing team, and spread the word about Peekster even further. Tank Top TV was at the demo day looking to raise £400,000 in seed round funding.

Fat startup: Learn the lessons of my failed Lean Startup

wordsting.com

Fat startup: Learn the lessons of my failed Lean Startup. by Word Sting in Lean Startup , Software copywriting , Copywriting for startups. Those that do will likely fall under the influence of the celebrated Lean Startup movement. Demo day came…and disaster. Search. About.

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How One Startup Figured Out What Could Really Help Deaf People

Steve Blank

Thibault Duchemin and his team applied for our Lean LaunchPad class at UC Berkeley in 2014. Lean LaunchPad: A Year After. Listening to Jason’s story made me realize how critical our experience with the Lean LaunchPad has been in our entrepreneurial journey at Transcense.

Pixar, Artists, Founders and Corporate Innovation

Steve Blank

While the parallels between a director and a startup founder are striking, what’s even more surprising is the match between the creative process Pixar uses to make its movies and our implementation of Lean for startups in the Lean LaunchPad and I-Corps incubators.

It’s Time to Play Moneyball: The Investment Readiness Level

Steve Blank

Investors sitting through Incubator or Accelerator demo days have three metrics to judge fledgling startups – 1) great looking product demos, 2) compelling PowerPoint slides, and 3) a world-class team. Rather than a product demo – we believe in a “Learning Demo”.

Innovation – something both parties can agree on

Steve Blank

I-Corps uses Lean Startup methods to teach scientists how to turn their discoveries into entrepreneurial, job-producing businesses. I-Corps uses everything we know about building Lean Startups and Evidence-based Entrepreneurship to connect innovation to entrepreneurship.

Innovation – something both parties can agree on

Steve Blank

I-Corps uses Lean Startup methods to teach scientists how to turn their discoveries into entrepreneurial, job-producing businesses. I-Corps uses everything we know about building Lean Startups and Evidence-based Entrepreneurship to connect innovation to entrepreneurship.

Learning Through Reflection

Steve Blank

We just finished the 6 th annual Lean LaunchPad class. For the last 6 years I’ve taught the Lean LaunchPad class at Stanford and Berkeley. Every week we teach the practice of Lean. Demo Days Versus Lesson Learned Presentations. Demo of final MVP.

Hacking for Defense @ Stanford 2017 – Lessons Learned Presentations

Steve Blank

It combines the same Lean Startup Methodology used by the National Science Foundation to commercialize science, with the rapid problem sourcing and curation methodology developed on the battlefields in Afghanistan and Iraq by Colonel Pete Newell and the US Army’s Rapid Equipping Force.

Is This Startup Ready For Investment?

Steve Blank

However, accelerator Demo Days are a combination of graduation ceremony and pitch contest, with the uncomfortable feel of a swimsuit competition. Recently we ran a Lean LaunchPad for Life Sciences class with 26 teams of clinicians and researchers at UCSF.

We’ve seen the Future of Translational Medicine and it’s Disruptive

Steve Blank

It’s Lean, it’s fast, it works and it’s unlike anything else ever done. Welcome to the Lean LaunchPad for Life Sciences and Healthcare (part of the National Science Foundation I-Corps ). This post is part of our series on the Lean Startup in Life Science and Health Care.

Blowing up the Business Plan at U.C. Berkeley Haas Business School

Steve Blank

It has replaced how to write a business plan with hands-on Lean Startup methods. To create great entrepreneurs, we had to give our students the experience of navigating the chaos and uncertainty of running a lean startup while providing the same kind of rigorous framework the business plan did in its day. The disadvantage is that its methodology was based on the old waterfall model of product development and not the agile and lean methods that startups use today.

Getting out of the building…by staying in the building!

Steve Blank

Our Lean Launchpad® for Life Sciences is one of them. The Lean Launchpad® for Life Sciences (the I-Corps @ NIH ) uses the Lean Startup Model to discover and validate the business model. Lean Methods are one such tool. Lean LaunchPad Life Sciences (NIH) Teaching

Hacking for Diplomacy @ Stanford –What We Learned With the State Department

Steve Blank

We just held our final week of the Hacking for Diplomacy class, teaching students entrepreneurship and “Lean Startup” principles while they engaged in national public service applying advanced technologies to solve global challenges. Lessons Learned – Not a Demo Day. Getting Lean.

Hacking for Diplomacy @ Stanford –What We Learned With the State Department

Steve Blank

We just held our final week of the Hacking for Diplomacy class, teaching students entrepreneurship and “Lean Startup” principles while they engaged in national public service applying advanced technologies to solve global challenges. Lessons Learned – Not a Demo Day. Getting Lean.

Eureka! A New Era for Scientists and Engineers

Steve Blank

The class will be a version of the Lean LaunchPad class we developed in the Stanford Technology Ventures Program , (the entrepreneurship center at Stanford’s School of Engineering). And Stanford’s Lean LaunchPad class could do just that. Lean LaunchPad Teaching Venture Capital

I-Corps at the NIH: Evidence-based Translational Medicine

Steve Blank

This “Lessons Learned” presentation is much different than a traditional demo day. It gives us a sense of the learning, velocity and trajectory of the teams, rather than a demo day showing us how smart they are at a single point in time. I created the I-Corps/Lean LaunchPad® syllabus/curriculum, and with guidance from Allan May, Karl Handelsman Abhas Gupta and Todd Morrill adapted it for Life Sciences/Health Care/Digital Health.

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The LeanLaunch Pad at Stanford – Class 3: Value Proposition Hypotheses

Steve Blank

The Stanford Lean LaunchPad class was an experiment in a new model of teaching startup entrepreneurship. Filed under: Business Model versus Business Plan , Customer Development , Lean LaunchPad , Teaching. Business Model versus Business Plan Customer Development Lean LaunchPad Teachin

The LeanLaunch Pad at Stanford – Class 6: Channel Hypotheses

Steve Blank

The Stanford Lean LaunchPad class was an experiment with a new model of teaching startup entrepreneurship. They found that sales to this channel would require a demonstration, and that dealers would have to demo the robotic weeders to the customers. Lean LaunchPad Teaching

Status of private beta

Guy Nirpaz

In the past few weeks, Omer and I were demoing our product to prospective customers and people in the industry which we value their opinion. We’ve set up a demo account on our service, which is basically our beta system with dummy data of a fictions IT Service Management SaaS company named GoodService.com. The good news, is that most of the SaaS businesses which we’ve demoed to would like to start using the service based on it’s current feature set.

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The Innovation Stack: How to make innovation programs deliver more than coffee cups

Steve Blank

Most importantly we now have a better idea of how to build innovation programs that will deliver products and services, not just demos. the best presenter and flashiest demo usually win. Lean, Design Thinking, User-centric Design, Business Model Canvas, etc.

Hacking for Defense @ Stanford 2018 – wonder and awe

Steve Blank

Our mantra to the students was that we wanted them to learn about “Deployment not Demos.” Our observation is that the DOD has more technology demos than they need, but often lack deep problem understanding. We just finished our 3rd annual Hacking for Defense class at Stanford.

When Krave Jerky Showed up in Class with a $435,000 Check

Steve Blank

Hershey just bought Krave Jerky, a team in our 2011 Berkeley Lean LaunchPad class, for >$200 million. They ran 10 in-store demos, which got them talking to 100s of more customers. The Lean LaunchPad class works for existing businesses as well as new startups.

How we redesigned our Product in 5 months at Techstars.

Austin Startup

2 books that we recommend :) Lesson number 5: kill your pitch The Demo Day pitch is the day that closes the Techstars program and when you pitch the best version of your company in 2 minutes in front of 150+ mentors, startups, VCs, friends and family and partners.

Lessons Learned: The one line split-test, or how to A/B all the time

Startup Lessons Learned

Lessons Learned by Eric Ries Monday, September 15, 2008 The one line split-test, or how to A/B all the time Split-testing is a core lean startup discipline, and its one of those rare topics that comes up just as often in a technical context as in a business-oriented one when Im talking to startups. in many cases an example is required - demo, or in my case video guitar lesson along with google ads for quick test data. The Lean Startup Intensive is tomorrow at Web 2.0.

Learn Online This Fall

Startup Lessons Learned

Guest post by Lisa Regan, writer for The Lean Startup Conference. With an online course from Stanford and a series of webcasts from the Lean Startup Conference team, you can learn a lot from your desk in the coming months. First up: We’re excited to announce that Bob Sutton is joining as a speaker at this year’s Lean Startup Conference. We’re lining up a series for entrepreneurs this fall, going in-depth on Lean Startup methods and applications.

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Have a kitchen cabinet of advisors

Eric Friedman

In the early stages of of an idea, project, or Company it’s very helpful to form a set of people you can lean on and get feedback from. Post first demo/pitch/meeting. Building a Kitchen Cabinet.

How Investors Make Better Decisions: The Investment Readiness Level

Steve Blank

Investors sitting through Incubator or Accelerator demo days have three metrics to judge fledgling startups – 1) great looking product demos, 2) compelling PowerPoint slides, and 3) a world-class team.

The Innovation Insurgency Scales – Hacking For Defense (H4D)

Steve Blank

First, our mantra to the students has been to learn about “Deployment not Demos.” We wanted them to learn what it takes to get their product/service deployed to the field, not just have another demo to a general.

The Innovation Insurgency Scales – Hacking For Defense (H4D)

Steve Blank

First, our mantra to the students has been to learn about “Deployment not Demos.” We wanted them to learn what it takes to get their product/service deployed to the field, not just have another demo to a general.

How to Handle a VC Presentation with No Deck

Both Sides of the Table

I’m comfortable with introductions and then getting into the demo.&#. I believe in this so much that, despite my post advising you to be prepared for the *norm* in VC, I wrote a post about a company that came in for a presentation and never even got the slides out or presented a demo.