Steve Blank

APRIL 23, 2018

The entrepreneur who founded and grew the largest startup in the world to $10 billion in revenue and got fired is someone you have probably never heard of. He also believed that to succeed the company needed to be vertically integrated and bought up 29 parts manufacturers and suppliers. The next year, 1910, trouble hit.

Michigan 268

Michigan Cofounder Stock Forecast 268

Up and Running

JULY 26, 2016

Between January 2015 and January 2016, we grew our platform Slidebean from $1K to $20K in monthly recurring revenue. Getting the first tracks of revenue is one of the toughest processes of building a startup. 1x hacker in charge of product/development. Dec-15: Developer (product team). Aug-15: Head of Sales (growth team).

Revenue 60

Revenue Acquisition Channel Campaign 60

Duct Tape Marketing

JANUARY 25, 2023

Growing Your Audience (And Your Revenue) With A Book written by John Jantsch read more at Duct Tape Marketing Marketing Podcast with Matt Briel In this episode of the Duct Tape Marketing Podcast , I interview Matt Briel. And again, for a lot of people, that's what they were concerned with was distribution. Thanks, John.

Audience 88

Audience Revenue Distribution Differentiation 88

Both Sides of the Table

JUNE 20, 2014

I have been saying privately for years now that I believe online video will evolve into fragmented distribution (my next online video post) and vertical production. Nobody has figured this out better than AwesomenessTV who not only has built an enormous online media presence but also packages and distributes shows for Nickelodeon.

South America 291

South America Colombia Mexico Vertical 291

Steve Blank

JUNE 8, 2009

In the last three posts, we drew the relationship of market risk and invention risk with vertical markets and pointed out verticals where customer development would be useful. In contrast to simply executing your business plan, the Customer Development process is built on low-cost and continuous learning and iterating.

Vertical 122

Vertical Silicon Valley RSS Marketing 122

Transformify

APRIL 21, 2017

Developers, designers, and finance experts from around the world go through a rigorous process that includes live screening and weeks-long test projects before being invited to join Toptal’s network. We have arguably the largest distributed workforce in the world. And we’ll be expanding into more business verticals soon.

Technical Review 40

Technical Review Silicon Valley Software Review Cofounder 40

Steve Blank

SEPTEMBER 14, 2009

Five Quarters of Profitability During the 1980’s and through the mid 1990’s startups going public had to do something that most companies today never heard of – they had to show a track record of increasing revenue and consistent profitability. There was now a public market for companies with no revenue, no profit and big claims.

Silicon Valley 217

Silicon Valley IPO Technical Review Venture Capital 217

Growthink Blog

FEBRUARY 27, 2010

revenues from internet video services spanning user-generated content to television shows and movies will exceed $7 billion this year. Video-on-demand alone is estimated to grow from a $1.1 How about Internet Video? Annual U.S.

Los Angeles 85

Los Angeles Silicon Valley Technical Review Distribution 85

Steve Blank

OCTOBER 31, 2014

But if you want to build a scalable startup you need to be asking how you can you get enough customers/users/payers to build a business that can grow revenues past several $100M/year. Creating a vertically oriented regional ecosystem is a pretty amazing accomplishment for any country or industry. With 317 million people the U.S.

Global 335

Global Australia Silicon Valley China 335

abovethecrowd.com

NOVEMBER 13, 2012

At oDesk, the platform enables the planning, development, and transfer of code from the supplier to the purchaser. oDesk greatly simplifies the process of outsourcing code development, and as such many of its use cases are expansive to the overall market. oDesk’s presence increases the number of first time software outsourcers.

Aggregator 101

Aggregator Marketing Software Review North America 101

Startup Lessons Learned

AUGUST 24, 2009

One is explaining the world as it used to work: the importance of gatekeepers, the scarcity implied by limited distribution, and the resulting quality bar that the industry is so proud of. Mostly it is the time and expense required to create the means of distribution for that industry. It’s just taking some longer than others.

San Francisco 113

San Francisco Lean Technical Review Distribution 113

The Next Web

OCTOBER 2, 2013

For mobile app developers, the impressive figures are enticing. In this aspect, China’s huge market seems ripe for the taking — and which firms are better-placed to do so than homegrown startups, especially app developers looking to conquer the mobile market? Distribution and cashflow pose challenges in China. billion people.

China 122

China Developer Intellectual Property Mobile 122

YoungUpstarts

MAY 12, 2020

Additionally, you’re not expected to excel at every single vertical of successfully managing the business. Most business plans aiming for seed funding, or any sort of initial support, or even for recruitment needs, are distributing the efforts and planning the projections over the business over the course of several years.

Vertical 264

Vertical Distribution Business Plan Software Developers 264

Duct Tape Marketing

DECEMBER 20, 2022

TikTok is very much vertical, short form, you know, 50 to 15 to kind of 62nd videos. I think part of it is just that consumption, you know, people have moved towards, yeah, that kind of, that vertical feed, that short form content we're conditioned to these short attention spans. So you've got more variety of content.

Marketing 96

Marketing Social Media Video Technical Review 96

Austin Startup

FEBRUARY 16, 2020

Its automated platform collects and allocates revenues in real-time, from tickets sold to filmmakers’ pockets. They developed this solution in partnership with Imperial College in London, where the FilmChain HQ is located, and Creative Destruction Lab accelerator in Toronto.

Cofounder 88

Cofounder Vertical Austin Revenue 88

Steve Blank

APRIL 30, 2009

SuperMac sold our graphic boards for the Macintosh through multiple distribution channels: direct sales to major accounts, national chains, independent rep firms, etc. Hopefully you and your co-founders are experts in one or two parts (agile development, SEO/SEM, etc.) But the computer retail channel was a large part of our sales.

Sales 120

Sales Silicon Valley RSS Las Vegas 120

Both Sides of the Table

JUNE 18, 2010

Online social game network; make their own games (FarmVille, Mafia Wars, FrontierVille) in addition to allowing third-party developers to access network. Reportedly, Softbank and Zynga have discussed jointly distributing games through Softbank’s mobile-phone service in Japan and other countries. Read more: PaidContent. OTHER DEALS: 1.

Venture Capital 225

Venture Capital Non-Compete Vertical Europe 225

Up and Running

SEPTEMBER 2, 2020

Pixar was at the forefront of 3-D animation and storytelling but had no knowledge of the movie industry or distribution channels. By partnering, Pixar now had expert guidance and financial backing to distribute and sell their masterpieces. Increase revenue. Focus on companies outside of your industry or vertical.

Small Business 153

Small Business Reputation Partner Revenue 153

Rob Go

NOVEMBER 4, 2012

On #1, these are verticals that haven’t been touched by the Internet as directly because of some combination of: - high cost of sales vs revenue. - immature distribution channels. distributed and connected data transmitters and sensors. old school / conservative buyers. government regulation.

Vertical 57

Vertical Distribution Internet Government 57

ConversionXL

FEBRUARY 3, 2022

No changes were made to the customer journey, and it had nothing to do with revenue lift. It isn’t about finding quick hacks to boost short-term revenue. The growth marketing approach to this problem would be to develop a series of experiments. For example, say you’re trying to improve top-line revenue.

Framework 102

Framework Marketing Acquisition Retention 102

Steve Blank

AUGUST 27, 2009

This series of posts is a brief explanation of how we’ve evolved from Product Development to Customer Development to the Lean Startup. The Product Development Diagram Emerging early in the twentieth century, this product-centric model described a process that evolved in manufacturing industries.

Silicon Valley 260

Silicon Valley Product Startup Product Development 260

ReadWriteStart

DECEMBER 8, 2011

If you are a content producer or a freemium app or game developer, you would know, instantly, what I am talking about. In 2012, one of the greatest unaddressed pain points for the mobile and online industries is this overabundance of eyeballs that publishers, software, app and game developers are struggling to find monetization models for.

Greece 116

Greece Entrepreneur India Silicon Valley 116

abovethecrowd.com

APRIL 17, 2013

With each hand, a small percentage of the pot is scraped off by the dealer, which in essence becomes the “revenue” for the casino. While casinos use the term “rake,” a plethora of interesting word choices exist which all describe the same thing – keeping a little bit of the revenue for the company that is running the service.

Europe 101

Europe Social Network Technical Review IPO 101

ConversionXL

OCTOBER 25, 2018

The breakdown of departmental silos allows for improvements—to data collection, persona development, content creation, etc.—that Building a cache of user data in a CRM that’s strong enough to inform demand gen campaigns—what content to produce, where to distribute it—can take years, according to Brandt Bogdanovich of MST Solutions.

Demand 132

Demand Vertical Campaign Channel 132

ConversionXL

OCTOBER 14, 2021

For example, you could deploy CSAT surveys at various parts of the buyer’s journey (distributed across leads so as not to bombard a single customer with multiple questions). Use this data to understand consumer behavior and to develop targeted messaging strategies. Bean had been experiencing a long period of zero revenue growth.

Metrics 157

Metrics Marketing Campaign Audience 157

Steve Blank

NOVEMBER 2, 2009

For those of you who have been following the discussion, a Lean Startup is Eric Ries ’s description of the intersection of Customer Development , Agile Development and if available, open platforms and open source. The Customer Development process (and the Lean Startup) is one way to do that. Lets see why.

Lean 244

Lean Silicon Valley Startup RSS 244

abovethecrowd.com

FEBRUARY 27, 2019

In 1817, David Ricardo published On the Principles of Political Economy and Taxation where he expanded upon Smith’s work in developing the theory of Comparative Advantage. In many cases, a deeper focus on a particular category or vertical allows these marketplaces to distinguish themselves from broader marketplaces like eBay.

Internet 88

Internet Matching Vertical Hosting 88

news.ycombinator.com

SEPTEMBER 16, 2011

We already have some competitors in the vertical and while there is no point in trying to hide the actual idea, there are differences in the way we implement stuff that can get us an advantage over the competition. >> flavor of a question-and-answer, poll-your-friends site with a distant revenue model and no user acquisition strategy.

Stealth 41

Stealth Technical Review Startup Software Review 41

Steve Blank

OCTOBER 1, 2009

Top management was trying to coordinate all of the operating details (sales, manufacturing, distribution and marketing,) across all the divisions and the company almost went bankrupt that year when poor planning led to excess inventory (with unsold cars piling up at dealers and the company running out of cash.)

Silicon Valley 156

Silicon Valley United States RSS Customer Development 156

Small Business Force

MARCH 8, 2013

Net, net, strategic partnerships , whether to expand sales channels in specific vertical or geographic markets, or to expand product offerings, or joint development of new products, enable entrepreneurs to add resources while conserving capital.In effect, each company brings something the other lacks or wants.

Partner 37

Partner Small Business .Net Vertical 37

VC Cafe

APRIL 29, 2020

The $349 billion aid package issued by the US Government and distributed in the form of SBA loans was quickly gobbled up by a large number of applications, many of which were from venture-backed or PE-backed startups. Source: NVCA , “Startup Ecosystem Faces Capital Crunch over Coming Months” USA – SBA Loans and PPP.

SBA 124

SBA Technical Review Startup 124

David Teten

DECEMBER 3, 2019

This provides us more time to develop meaningful relationships with prospects and customers. Tribe Capital has developed A Quantitative Approach to Product Market Fit. . Lighter Capital, a Revenue Based Investing VC, offers a Cost of Capital Calculator. 3) Raise capital. An example of a tech-enabled VC is Corl.

Technical Review 78

Technical Review Software Review Analytics Private Equity 78

www.pakman.com

SEPTEMBER 27, 2012

To build the online media giants of tomorrow, companies need models where the costs of both content and distribution are near zero. At that scale, you can reach billions of dollars in revenue. I’m seeing a full blown 3rd party developer API built on top of Twitter Cards in near future. 26 September 2012. 20 Comments.

Social Media 47

Social Media Vertical Advertising Distribution 47

Steve Blank

JULY 2, 2009

You can be an Independent studio or do “work for hire&# (either a revenue share or buy-out model) - If you’re an independent studio you have a set of choices for distribution channel and marketing models. - Reply The failure of a promising developer – in slow motion | Control Pad , on July 29, 2009 at 12:49 pm Said: [.]

Silicon Valley 120

Silicon Valley Technical Review RSS Software Review 120

Ben's Blog

APRIL 28, 2010

Jobs not only killed all the commodity hardware and the horizontal strategy; he went radically vertical. In retrospect, it seems totally natural that Larry Ellison transformed Software Development Labs from a consulting business into a software company called Oracle. He even added retail stores. Total commitment to the long term.

Technical Review 78

Technical Review Cofounder Technical Cofounder Software Review 78

Cracking the Code

MARCH 28, 2022

The development of Azure and the shift to the cloud has propelled the company to new heights. While the average forward revenue multiple has declined slightly since its February 2020 peak (19x), it’s still higher today than last year at 17x vs 15.8x The Index added another $0.9T in Sept 2020. For example, DeFi and NFTs.

Global 62

Global Europe Software Review 62

Austin Startup

AUGUST 7, 2017

Some businesses can service all four cities with a single distribution hub in one of the cities, making it a unique market for launching new businesses. More connections means more business, more investors, more revenue, and more growth. We truly are an accelerator of the Austin startup ecosystem.

Texas 97

Texas San Antonio Houston Dallas 97