Remove Design Remove Product Development Remove Silicon Valley Remove Vertical
article thumbnail

Technology, Innovation, and Modern War – Class 8 – AI – Chris Lynch and Nand Mulchandani

Steve Blank

Joe Felter , Raj Shah and I designed a class to examine the new military systems, operational concepts and doctrines that will emerge from 21st century technologies – Space, Cyber, AI & Machine Learning and Autonomy. One product at a time wasn’t going to change the trajectory of the DOD. Nand Mulchandani.

article thumbnail

Vertical Markets 2: Customer/Market Risk versus Invention Risk.

Steve Blank

Steve,&# he said, “you’re missing the most interesting part of vertical markets. a new type of graphics architecture, or a new communications chip architecture) mean you may not know if the chip performs as well as you thought until you get first silicon. For example, complex new semiconductor architectures, (i.e.

Vertical 159
Insiders

Sign Up for our Newsletter

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

article thumbnail

The Customer Development Manifesto: Reasons for the Revolution.

Steve Blank

After 20 years of working in startups, I decided to take a step back and look at the product development model I had been following and see why it usually failed to provide useful guidance in activities outside the building – sales, marketing and business development. So what’s wrong the product development model?

article thumbnail

The Customer Development Manifesto: The Startup Death Spiral (part.

Steve Blank

Finally, I’ll write about how Eric Ries and the Lean Startup concept provided the equivalent model for product development activities inside the building and neatly integrates customer and agile development. Without the revenue to match its expenses, the company is in now danger of running out of money.

article thumbnail

Lean Startups aren't Cheap Startups

Steve Blank

How to raise real money with a Customer Development presentation in the next post. Which seems to offer an understanding of “customer development&# that’s quite different the Four Steps to the Epiphany approach. Steve Blanks 30 years of Silicon Valley startup advice. Theme: Digg 3 Column by WP Designer.

Lean 259
article thumbnail

Why the Future of Tesla May Depend on Knowing What Happened to Billy Durant

Steve Blank

He also believed that to succeed the company needed to be vertically integrated and bought up 29 parts manufacturers and suppliers. But the spirit of Billy Durant would rise again in what would become Silicon Valley. The next year, 1910, trouble hit. Days of Futures Past for Tesla.

Michigan 291
article thumbnail

Raising Money Using Customer Development

Steve Blank

It should go without saying that this post is not advice, nor is it recommendation of what you should do, it’s simply my observation of how companies using Customer Development positioned themselves to successfully raise money from venture investors. Steve Blanks 30 years of Silicon Valley startup advice. Can it scale?”