Steve Blank

AUGUST 31, 2009

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?

Customer Development 238

Customer Development Developer Customer Silicon Valley 238

Steve Blank

SEPTEMBER 5, 2018

When Netscape went public, it unleashed a frenzy from the public markets for anything related to the internet and signaled to venture investors that there were massive returns to be made investing in anything internet related. After the crash, venture capital was scarce to non-existent. Then one day it was over. IPOs dried up.

Lean 335

Lean Burn Rate Startup IPO 335

The Startup Magazine

AUGUST 11, 2023

It is necessary to cover the early stages of product development, thorough market research, and other processes during the initial step. Seed capital is a component of the initial investments made in young businesses. After that, the money is used to maintain the company’s expansion.

Seed Stage 132

Seed Stage Technical Review Early Stage Due Diligence 132

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. Part 4 of the Customer Development Manifesto to follow.

Customer Development 224

Customer Development Developer Customer Silicon Valley 224

Startup Professionals Musings

APRIL 13, 2015

Angel investors and venture capitalists are looking for startups with real products and a proven business model, ready to scale. Yet I still get too many business plans that clearly are looking for money to do research and development (R&D) on a new and unproven technology. Commercial product prototypes.

Product Development 120

Product Development Developer Product Angel Investor 120

Women Entrepreneurs Can

NOVEMBER 19, 2022

A Venture Capital Firm is a firm that invests in startups and early-stage companies. However, not all firms are venture capital firms. One of the most common ways of investing in a startup is by leveraging the expertise of a venture capital firm. Early-Stage Investments vs. Mid-Stage Investments.

Venture Capital 52

Venture Capital Early Stage Liquidity Event SEC 52

David Teten

JUNE 25, 2012

I have a great idea for a product. I’m looking for an entrepreneur to start a company to provide this product, or a development shop which wants to bid on this project. I envision a software tool which makes your underlying software irrelevant, by standardizing the UI across all different products.

Developer 144

Developer Venture Capital Startup Valuation 144

Startup Professionals Musings

OCTOBER 2, 2023

Angel investors and venture capitalists are looking for startups with real products and a proven business model, ready to scale. Yet I still get too many business plans that clearly are looking for money to do research and development (R&D) on a new and unproven technology. Commercial product prototypes.

Angel Investor 256

Angel Investor Early Stage Incubator Government 256

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. Consider licensing your product or intellectual property, and “white labeling.” Apply for contests and business grants.

Intellectual Property 134

Intellectual Property Technical Review Startup Incubator 134

David Teten

JUNE 25, 2012

I have a great idea for a product. I’m looking for an entrepreneur to start a company to provide this product, or a development shop which wants to bid on this project. I envision a software tool which makes your underlying software irrelevant, by standardizing the UI across all different products.

Developer 114

Developer Venture Capital Startup Valuation 114

Version One Ventures

MAY 3, 2023

With the right product or service for the Indian market and strong execution, an “India for India” start-up can see incredible growth. India for the world” has traditionally focused on outsourcing and leveraging cost advantages, from customer service to product development.

India 87

India LP Silicon Valley Vertical 87

YoungUpstarts

JULY 16, 2019

Positions for software development and data science continue to expand throughout the industry. These are software engineers, business analysts, project managers, graphic designers, and web developers. The most sought-after hires are computer programmers and interactive media developers. million in venture capital to move.

Canada 149

Canada Hiring Artificial Inteligence Software Developers 149

Startup Professionals Musings

JANUARY 18, 2021

Angel investors and venture capitalists are looking for startups with real products and a proven business model, ready to scale. Yet I still get too many business plans that clearly are looking for money to do research and development (R&D) on a new and unproven technology. Commercial product prototypes.

Early Stage 412

Early Stage Angel Investor Incubator Government 412

Steve Blank

FEBRUARY 23, 2009

This product development diagram had become part of the DNA of Silicon Valley. And even more importantly, was there any way to reduce risk in early stage ventures? Reply Best books for the lean product managers — Justin Gibbs , on April 28, 2009 at 2:44 pm Said: [.] familiar with Customer Development you should be.

Product Development 143

Product Development Developer Silicon Valley Product 143

SiliconHills

DECEMBER 12, 2014

Other participating in the round were Noro-Moseley Partners, Harmony Partners, Altos Ventures and Capital Factory. The Austin-based startup plans to use the money on office expansion, product development and new vertical markets.

Venture Capital 91

Venture Capital Vertical Austin Social Media 91

Steve Blank

SEPTEMBER 1, 2021

Do they have better sales, marketing, or product development groups? What the winners start with is the realization that in a world of continuous disruption, they have only a few years to develop new capabilities or be pushed over the brink. Is it that some CEOs are better than others? Are their people smarter?

Incubator 402

Incubator Lean Agile Business Model 402

Startup Professionals Musings

AUGUST 21, 2021

Many entrepreneurs never get past their first-stage focus on their innovative product, to scaling the business globally, organizing a structure to handle thousands of employees, and concentrating their focus “on the business” rather than working “in the business.” Switch your focus from product development to sales.

Merger 379

Merger Due Diligence SEC IPO 379

View from Seed

MARCH 24, 2021

At NextView Ventures we have written many pieces about venture capital — how to raise it, build your business, engage with investors, iterate your product, navigate expanding industries, etc. Developing Your Product. I’ve Been in Venture Capital for Two Months. VCs sure do love writing.

Seed Stage 177

Seed Stage Hiring IPO Analytics 177

SiliconHills

SEPTEMBER 6, 2013

RunTitle, an online title search marketplace geared to the oil and gas industry, has landed $4 million in Series A venture capital led by Austin Ventures. The Houston-based startup also relocated to Austin as a condition of the financing.

Venture Capital 80

Venture Capital Houston Austin Distribution 80

Steve Blank

MARCH 16, 2016

But startups require money upfront for product development and later to scale. Luckily in the last quarter of the 20 th century a new source of money called risk capital emerged. At its core Venture Capital is nothing more than a small portion of the Private Equity financial asset class. ——-.

Liquidity Event 120

Liquidity Event Founder Liquidation Preference Venture Capital 120

Both Sides of the Table

AUGUST 8, 2009

Traction can simply mean showing that you’re making progress with customers, product development, channel partners, initial revenue as a proof point, attracting well-known angel investors, winning industry awards / recognition. Funding is about developing a relationship over time. Neither is the norm.

Technical Review 309

Technical Review Term Sheet Venture Capital Revenue 309

Both Sides of the Table

DECEMBER 3, 2009

This is part of my ongoing Raising Venture Capital (VC) series. When people refer to a strategic investor they are usually talking about an investor that comes from the industry you serve as opposed to an independent venture capital investor. The reality is that their core business is not venture capital.

Strategic Investors 279

Strategic Investors Venture Capital Due Diligence Early Stage 279

YoungUpstarts

NOVEMBER 20, 2019

On the other hand, if you arrive at a VC pitch without a comprehensive understanding of the industry you’re hoping to compete in, or without a clear path to profitability or a thoughtful product-development road map, you’ll likely leave empty-handed. Do you lack the skills needed to develop a viable product?

Technical Review 118

Technical Review Due Diligence Early Stage Differentiation 118

Startup Professionals Musings

MARCH 16, 2016

This term refers to an initial venture-capital investment, often wrongly sought to seed early product development. In fact, most often, it is limited to seeding a startup business rollout or scale-up after development is completed from friends and family. Frothy is good for entrepreneurs. Seed-round investment.

Software Review 120

Software Review Sweat Equity Accredited Investor Angel Investor 120

SiliconHills

JUNE 9, 2015

The Austin-based startup plans to use the money to hire five or more additional employees and for product development and marketing, said Darin Hicks, its CEO. Million in Venture Capital appeared first on SiliconHills. Hive9 helps companies concentrate their marketing spending on […] The post Hive9 Receives $5.4

Venture Capital 48

Venture Capital Austin Partner Product Development 48

SiliconHills

JULY 23, 2015

The Austin-based startup plans to use the funds on product development, sales and marketing and community development. The company […] The post Continuum Analytics Gets $24 Million in Venture Capital appeared first on SiliconHills.

Venture Capital 48

Venture Capital Analytics Open Source Austin 48

SiliconHills

JUNE 23, 2015

The Austin-based startup plans to use the money for product development and to hire more sales and business development employees. Silverton Partners led the founding round which included participation from ATX Ventures and […] The post Alert Media Raises $4.16 million in a Series A funding round.

Venture Capital 48

Venture Capital Media Austin Product Development 48

This is going to be BIG.

NOVEMBER 22, 2013

Something isn''t going to go your way--product development, hiring, revenues. Angel investor Jeff Stewart once told me that either the product takes twice as long and costs three times as much to build as your plan, or takes three times as long to build and costs twice as much--you just don''t know which one.

Technical Review 118

Technical Review Due Diligence Angel Investor Venture Capital 118

Steve Blank

FEBRUARY 23, 2009

I was consulting for the two venture capital firms who between them put $12 million into my last failed startup. I began to gain an appreciation of how world-class venture capitalists develop pattern recognition for these common types of problems. “Oh Oh yes, company X, they’re having problem 343.

Silicon Valley 125

Silicon Valley RSS Venture Capital Customer Development 125

David Teten

AUGUST 19, 2019

I’ve been a traditional equity VC for 8 years, and I’m now researching new business models in venture capital. RBI normally requires founders to pay back their investors with a fixed percentage of revenue until they have finished providing the investor with a fixed return on capital, which they agree upon in advance.

Revenue 60

Revenue Technical Review Software Review Equity 60

crowdSPRING Blog

SEPTEMBER 19, 2014

The Myth of Venture Capital | Re/code by Jon Oringer – crowdspring.co/1tNFeV7. Bad Notes on Venture Capital – crowdspring.co/1u3NJvn. Legal Contracts for Software Developers Who Hate Contracts (w/free contract template to use today) – [link]. Why Introverts Make Great Leaders – crowdspring.co/1yhmaS5.

Social Media 94

Social Media Small Business Design Media 94

Steve Blank

SEPTEMBER 3, 2009

This post describes how the traditional product development model distorts startup sales, marketing and business development. The Use of a Product Development Model to Measure Sales Using the product development diagram for startup sales activities is like using a clock to tell the temperature.

Customer Development 215

Customer Development Developer Customer Silicon Valley 215

Up and Running

JULY 6, 2016

Are we developing what we should? As you develop technology descriptions, priorities, milestones and such in your own business plan, consider first the business plan’s purpose. I’ll join in the due diligence for my angel group, test for myself, and develop my informed opinion. Are we using what we should?

Technical Review 72

Technical Review Software Review Business Plan Development Team Review 72

Steve Blank

SEPTEMBER 17, 2009

This post describes a solution – the Customer Development Model. In future posts I’ll describe how Eric Ries and the Lean Startup concept provide the equivalent model for product development activities inside the building and neatly integrates customer and agile development. This post describes such a model.

Customer Development 242

Customer Development Developer Customer Silicon Valley 242

crowdSPRING Blog

JULY 10, 2014

4 Mistakes New Product Managers Make – crowdspring.co/1rXNZrC. In Venture Capital, Birds of a Feather Lose Money Together (you want contrasting opinions) – crowdspring.co/1o1YA2b. Good insight on startups and product development in this AMA with Jason Fried – crowdspring.co/TmVP1. 1pWZxdc.

Social Media 97

Social Media Small Business Design Silicon Valley 97

Transformify

MARCH 14, 2020

Startup hubs like Berlin, London, New York, Los Angeles, Bangalore, Hong Kong and Singapore offered access to venture capital and vibrant start ecosystems thus attracting the brightest founders. Over the last decade, a new trend emerged as tech talent was scarce where it was needed the most.

Hiring 98

Hiring Bulgaria Italy Spain 98

Both Sides of the Table

JULY 26, 2010

Social Proof in Action … Yesterday I wrote about the benefits of using social proof and authority in raising venture capital. So the early part of a technology company is about finding your hard core group of early adopters and making them passionate about your products. Sure, they need a little social proof.

Customer 294

Customer Marketing Technical Review Iowa 294