Steve Blank

DECEMBER 21, 2013

Eric Ries was kind enough to invite me to speak at his Lean Startup Conference. In the talk I reviewed the basic components of the Lean Startup and described how we teach it. 3:36 The 3 Components of the Lean Startup. 6:00 Teaching startups & companies Lean: The Lean LaunchPad class.

Video 285

Video Oakland Venture Capital Lean 285

Steve Blank

JANUARY 22, 2014

Dino Vendetti a VC at Bay Partners, moved up to Bend, Oregon on a mission to engineer Bend into a regional technology cluster. Over the years Dino and I brainstormed about how Lean entrepreneurship would affect regional development. Part 2: Early-stage Regional Venture Funds. Part 3: Engineering a Regional Tech Cluster.

Early Stage 292

Early Stage Silicon Valley Oregon Technical Review 292

Steve Blank

NOVEMBER 13, 2012

The book has been shepherded and edited by a great Japanese VC at Mitsui Sumitomo Insurance Venture Capital, Takashi Tsutsumi, with help from Masato Iino. I asked Tsutsumi-san to write a guest post for my blog to describe his experience with Customer Development in Japan. ————-.

Japan 302

Japan Customer Development Developer Customer 302

Steve Blank

APRIL 16, 2013

In my 21 years as an entrepreneur, I would come up for air once a month to religiously read the Harvard Business Review. For decades this revered business magazine described management techniques that were developed in and were for large corporations – offering more efficient and creative ways to execute existing business models.

Technical Review 222

Technical Review Lean Venture Capital Customer Development 222

Both Sides of the Table

FEBRUARY 12, 2019

Over the past month a colleague ( Chang Xu ) and I sifted through data on the venture capital industry (as we do every year) and made a bunch of calls to VCs and LPs to confirm our hypotheses. As a result of the IPO window shifting we saw a massive inflow of public-market capital into the latest stages of venture.

Venture Capital 328

Venture Capital Technical Review Seed Stage IPO 328

VC Cafe

JANUARY 24, 2021

Covid-19 accelerated the adoption of entertainment tech, gaming and commerce. The move to remote work forced quick adoption of cloud technology and tools that were once having difficulties selling to large corporates, saw explosive growth – from Zoom to Hopin, new unicorns were born in record time. 2020… where to start?

Technical Review 207

Technical Review Audio Forecast Social Media 207

ReadWriteStart

APRIL 8, 2023

Keeping up with trends is the reality show of the e-commerce world, which is constantly developing, gaining a significant market share, and driving online sales. It becomes even more interesting in the world of emerging technologies and the IoT. These new technologies will become an integral part of most e-shops.

eCommerce 185

eCommerce Technical Review Software Review Analytics 185

Startup Professionals Musings

JUNE 30, 2019

The problem is that professional investors (angels and venture capitalists) want a proven business model before they invest, ready to scale, rather than the more risky research and development efforts. Bartering technically means exchanging goods or services as a substitute for money. Apply for contests and business grants.

Intellectual Property 219

Intellectual Property Technical Review Startup Incubator 219

Up and Running

JULY 29, 2019

and the process of raising angel investment for high-tech or high-growth startups. We should also point out that angel investment is different from venture capital. People often use “ venture capital ” as a bucket term to include angel investment, but that’s unnecessarily confusing. Finish your business plan.

Angel Investor 119

Angel Investor Venture Capital Technical Review Software Review 119

Startup Professionals Musings

FEBRUARY 19, 2013

The problem is that professional investors (Angels and Venture Capital) want a proven business model before they invest, ready to scale, rather than the more risky research and development efforts. Bartering technically means exchanging goods or services as a substitute for money. Apply for contests and business grants.

Intellectual Property 309

Intellectual Property Technical Review Venture Capital Startup 309

Startup Professionals Musings

JULY 14, 2014

The problem is that professional investors (Angels and Venture Capital) want a proven business model before they invest, ready to scale, rather than the more risky research and development efforts. Bartering technically means exchanging goods or services as a substitute for money. Apply for contests and business grants.

Entrepreneur 283

Entrepreneur Intellectual Property Technical Review Incubator 283

David Teten

SEPTEMBER 6, 2015

She had so much insight to share that we broke the interview into two parts, 1) Corporate Venture Capital and more broadly, 2) How the Fortune 500 Can Buy, Invest and Partner with the Innovation Economy (coming soon). . It can help develop applications for the startup’s technology in its early days.

Venture Capital 60

Venture Capital Balance Sheet Technical Review Portfolio 60

Startup Professionals Musings

JANUARY 12, 2018

The problem is that professional investors (angels and venture capital) want a proven business model before they invest, ready to scale, rather than early projections and product development. Bartering technically means exchanging goods or services as a substitute for money. Apply for contests and business grants.

Intellectual Property 134

Intellectual Property Technical Review Startup Incubator 134

Both Sides of the Table

SEPTEMBER 22, 2012

Growth will slow, partly due to internal limits and partly because the company is starting to bump up against the limits of the markets it serves.” He also nails the reason why venture capital is still necessary to grow large businesses quickly in a world where the costs of running startups have fallen dramatically.

Silicon Valley 390

Silicon Valley Venture Capital Startup Technical Review 390

Startup Professionals Musings

JULY 8, 2015

The problem is that professional investors (angels and venture capital) want a proven business model before they invest, ready to scale, rather than the more risky research and development efforts. Bartering technically means exchanging goods or services as a substitute for money. Apply for contests and business grants.

Entrepreneur 120

Entrepreneur Intellectual Property Technical Review Incubator 120

Steve Blank

JULY 7, 2009

luck… and as one of Steve Blank’s posts today mentioned, you can’t test hypotheses from within your building.

Customer Development 128

Customer Development Developer Silicon Valley Customer 128

Steve Blank

SEPTEMBER 7, 2009

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. The new VP of Sales reviews the sales strategy and tactics that did not work and comes up with a new sales plan.

Customer Development 232

Customer Development Developer Customer Silicon Valley 232

Both Sides of the Table

NOVEMBER 3, 2009

This is part of my ongoing series of posts and I need to file this one under both Raising Venture Capital and Startup Advice. 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. Each quarter you should review your model.

Business Plan 334

Business Plan AJAX Venture Capital Technical Review 334

YoungUpstarts

OCTOBER 22, 2018

I gave a presentation at a legal technology conference last week. He also shared that, initially, he was leaning toward building an experience management solution in-house, and that it was only at the insistence of the firm’s CMO that he relented and engaged our firm. by Ryan Gerhardy, CEO of Pitchly.

Iowa 113

Iowa Investment Bankers Cloud Software Review 113

Steve Blank

SEPTEMBER 14, 2009

Posted on September 14, 2009 by steveblank Over the last 30 years Wall Street’s appetite for technology stocks have changed radically – swinging between unbridled enthusiasm to believing they’re all toxic. One of the biggest mistakes entrepreneurs make is misunderstanding the role of venture capital investors. What Do VC’s Do?

Silicon Valley 235

Silicon Valley IPO Technical Review Venture Capital 235

Austin Startup

MAY 11, 2017

We make a minority of our investments in new technology areas where deep technical innovation is occurring and where we believe there is will be a large future market opportunity. For these companies, we look for deep technology differentiation plus early market validation or clear opportunity for such.

Private Equity 48

Private Equity Venture Capital Technical Review Seed Stage 48

ReadWriteStart

FEBRUARY 21, 2021

Early in your startup’s development, you’ll likely be low on capital. Even if you have an angel investor or a venture capital (VC) firm backing you, you’ll have an abundance of expenses, limited income, and a finite amount of time before the money completely runs out. Review these expenses carefully.

Startup 106

Startup Software Review Open Source Technical Review 106

Steve Blank

MARCH 19, 2009

Now with a new infusion of $8 million dollars of venture capital, SuperMac had been resurrected from the dead and was attempting to restart. The assets were a series of products already developed and on the market or in the development pipeline. The first step was to recruit a new management team.

Silicon Valley 165

Silicon Valley Software Review Technical Review RSS 165

Steve Blank

MAY 30, 2016

Understanding the left-side of the mission model canvas ( activities, resources , partners , and costs) forces all teams to ask, “Are we building a product for a DOD/IC customer only or do we have a “dual-use” product that could be sold commercially and get funded by venture capital?”. This post is a continuation of the series.

Silicon Valley 120

Silicon Valley San Diego Technical Review Incubator 120

Steve Blank

AUGUST 13, 2009

It took me 8 startups and 21 years to get it right, (and one can argue success was due to the Internet bubble rather then any brilliance.) This mantra of talking to customers and iterating the product is the basis of the Lean Startup Methodology that Eric Ries has been evangelizing and I’ve been teaching at U.C. I was an idiot.

Silicon Valley 204

Silicon Valley RSS Technical Review Lean 204

Up and Running

MAY 18, 2016

The Lean Startup: How Today’s Entrepreneurs Use Continuous Innovation to Create Radically Successful Businesses. ” Lean Business Planning: Get What You Want From Your Business. Once you’ve outlined your plan in bullet points, lists, and tables, you can schedule times to review and revise on a monthly basis. B y Eric Ries.

Startup 80

Startup Venture Capital Angel Investor Lean 80

This is going to be BIG.

MAY 12, 2014

You''re running pretty lean when you''re on your first fund. It''s also probably less than most funded CEOs are making--or certainly less than your average software developer. I send out my own term sheets and review docs myself--especially since I''m in sydicated rounds. Venture Capital & Technology'

Investment Bankers 167

Investment Bankers Term Sheet Venture Capital Technical Review 167

David Teten

DECEMBER 3, 2019

Private equity and venture capital investors are copying our sisters in the hedge fund world: we’re trying to automate more of our job. . When I met my now-wife, I realized that any technology that can find me a spouse is a killer app. This provides us more time to develop meaningful relationships with prospects and customers.

Technical Review 78

Technical Review Software Review Analytics Private Equity 78

Both Sides of the Table

JUNE 22, 2011

Responses ranged from, “hey, they’re in a HUGE market&# to “it is an amazing company and their technology rocks.&# It’s like people arguing that there’s a beautiful beach house in 2006 that represents great long-term value due to scarcity of similar property. If you are interested the Vimeo is here.

Saudi Arabia 309

Saudi Arabia Valuation IPO Technical Review 309

crowdSPRING Blog

SEPTEMBER 19, 2014

The Myth of Venture Capital | Re/code by Jon Oringer – crowdspring.co/1tNFeV7. Inside the Mind of a Technical Founder | OpenView Blog by Larry Kim – crowdspring.co/1u7Fz1b. Bad Notes on Venture Capital – crowdspring.co/1u3NJvn. Busting the Lean-Startup Myth – crowdspring.co/1ozOXHA.

Social Media 94

Social Media Small Business Design Media 94

Steve Blank

DECEMBER 7, 2009

Customer Development We were starting Epiphany, my last company. During the due-diligence process, I sat down with one of the partners who pulled out a set of slides and asked me: ”Have you seen these?” Our competitor was executing on hypotheses we had developed 9 months ago, and their strategy remained static.

Silicon Valley 253

Silicon Valley Non-disclosure Agreement NDA Startup 253

Both Sides of the Table

MAY 19, 2010

Our guest this week on #TWiVC was Dana Settle , partner at Greycroft Partners , a venture capital firm with offices in New York and Los Angeles. It’s always fun debating companies with Dana because she’s always so knowledgeable on deals – particularly those in the digital media, ad-tech and eCommerce spaces. OTHER DEALS: 1.

Partner 240

Partner New York City Cofounder Syndicate 240

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

Startup Lessons Learned

AUGUST 24, 2009

The other revels in the world as we all know it will be someday: limitless distribution enabled by new technologies, the importance of collaborative filters, and on-demand availability of all content for end-users. But the same technologies that make life difficult for traditional marketers also offer them unprecedented new opportunities.

San Francisco 113

San Francisco Lean Technical Review Distribution 113

Steve Blank

NOVEMBER 26, 2009

So no post today on entrepreneurship, Secret History of Silicon Valley, Customer Development, Lean Startups, etc. It’s harder to remember that we have no perpetual rights to them, they aren’t our due, but they’re gifts. Our friends who run the state park surrounding our ranch will join all of us for Thanksgiving dinner.

Silicon Valley 152

Silicon Valley Turkey United States RSS 152

Steve Blank

APRIL 9, 2009

competitive analyses, channel and customer collateral (white papers, data sheets, product reviews), customer surveys, and market requirements documents. And our Director of Technical Marketing was superb at understanding customer needs and communicating them to engineering. It will cost you your job.” That kind of accountable.

Silicon Valley 269

Silicon Valley Technical Review RSS PR 269

Steve Blank

APRIL 2, 2009

We had thought really hard about “ market type ” and decided to reposition the company from a technology provider to a solutions provider. Since no benchmarks existed, we enlisted our engineering department in a serious software development effort and wrote our own. Now this is worth stopping and thinking about for a second.

Silicon Valley 127

Silicon Valley Technical Review RSS Software Review 127