Steve Blank

SEPTEMBER 14, 2009

Over the same 30 years, Venture Capital firms have honed their skills and strategies to match Wall Streets needs to achieve liquidity for their portfolio companies. One of the biggest mistakes entrepreneurs make is misunderstanding the role of venture capital investors. What Do VC’s Do?

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Silicon Valley IPO Technical Review Venture Capital 235

Up and Running

NOVEMBER 15, 2017

Sedibeng’s primary market advantages are their company culture, consistent “quality” branding, traditional brew recipes, and commitment to rural distribution. Access startup funds. UPer Crust Pies needs to investigate its options for obtaining capital. Find startup funding. Access startup capital.

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Botswana Business Plan Oregon Distribution 148

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. Another topic we debated early in the program was “lean startup” vs. “ fat startup ” where we both took the obvious hedge and said “it depends.” Total raised: $29.5mm.

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Partner New York City Cofounder Syndicate 240

Steve Blank

MARCH 26, 2014

This post follows directly on Steve’s earlier excellent post, Why Companies are not Startups. In this post, I want to share some new thoughts that build on Steve’s post, and connect them to Lean Startup methods. A startup is a temporary organization in search of a repeatable, scalable business model.

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Startup Lessons Learned

JULY 6, 2011

The Lean Startup Book is done. If you've been waiting for a comprehensive account of the Lean Startup and how it can help you achieve dramatically better business results, this is it. Some are from obscure startups who you haven't heard of -- yet. I am no longer writing a book. Finally, really, truly, done.

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Startup Lessons Learned

AUGUST 24, 2009

In other words, they are facing conditions of extreme uncertainty, just like startups. 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. So I generally feel right at home in these conversations.

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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.

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This is going to be BIG.

SEPTEMBER 22, 2014

12) We''re using lean startup methodology. 15) We have an agency that is going to distribute us to all the major brands, so we fully expect huge distribution and revenue in the next year. 12) We''re using lean startup methodology. Venture Capital & Technology' 3) No one else can do this.

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VC Cafe

MAY 23, 2023

More and more, established companies are leaning into generative AI by either adding generative AI features to their existing suite of tools or partnering with AI companies (mostly OpenAI or the open source HuggingFace) to launch entirely new products. Is it startups or incumbents? The list goes on.

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Steve Blank

JANUARY 21, 2016

If you’re a technical startup founder, one of the painful lessons is that it’s not enough just to build a great product. The show follows the journeys of founders who share what it takes to build a startup – from restaurants to rocket scientists, to online gifts to online groceries and more.

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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. Over its lifetime a Lean Startup may spend less money than a traditional startup. Lets see why.

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Up and Running

OCTOBER 30, 2017

This article is part of our “ Business Startup Guide ”—a curated list of our articles that will get you up and running in no time! In contrast to the standard plan and the startup plan, is the operations or annual plan. Investment and lending options include: Venture capital. Angel investment (similar to venture capital).

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VC Cafe

SEPTEMBER 8, 2023

Consider what followed since November: New foundational models, more efficient ways of training models etc An explosion of open source models, the rise of HuggingFace Breakthrough research across voice, video, text, multi modality, etc Billions of dollars invested in thousands of startups at the application layer of generative AI.

Generative AI 78

Generative AI ChatGPT Artificial Inteligence Cofounder 78

Steve Blank

MAY 29, 2019

Lean LaunchPad class developed for Stanford. And the Lean LaunchPad class I developed at Stanford was the first such class. And the odds of learning from faculty who actually had experienced the chaos and uncertainty of building a startup was low. Worth a read. Teaching basic entrepreneurial appreciation. It’s a big idea.

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Up and Running

MAY 3, 2012

Eric Ries , author of The Lean Start-up , puts it best: ‘ The grim reality is that most start-ups fail. Most new ventures do not live up to their potential. Sean Seton-Rogers of PROfounders Capital recently claimed that of the more than 3,500 business plans they had received, his London, U.K. Most products are not successful.

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Entrepreneur Technical Review Silicon Valley Lean 82

crowdSPRING Blog

NOVEMBER 30, 2012

These posts and videos are about logo design , web design , startups, entrepreneurship, small business, leadership, social media, marketing, and more! Small Business and Startups: 5 DIY Things To Do For Your Brand! How To Choose A Market For Your Startup Or Small Business – [link]. Are Startups Recession-Proof?

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Social Media Small Business Central African Republic Design 100

Steve Blank

MARCH 18, 2011

What are they, how do they differ and what can startup do to take advantage of them? Paths to Liquidity: a quick history of the four waves of startup investing. Lean Startups/Back to Basics (2000-2010): No IPO’s, limited VC cash, lack of confidence and funding fuels “lean startup” era with limited M&A and even less IPO activity.

Internet 335

Internet IPO Silicon Valley Agile 335

Startup Lessons Learned

MAY 31, 2019

He’ll be speaking at this year’s Lean Startup Conference , and also has a new book (for which I very happily wrote a short foreword) coming out next month: Secrets of Sand Hill Road: Venture Capital and How to Get It. What is venture capital, really? And what does a venture capital firm do?

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ReadWriteStart

JUNE 29, 2020

In other words, you must start bootstrapping an online startup , because the future of the global business world is online. What is a startup? Before we look at ways to bootstrap a startup, let’s consider a comprehensive definition of what a startup is. Ways to bootstrap a startup.

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Both Sides of the Table

APRIL 23, 2011

Startup after Iron Planet? (6:00 Yes an online video startup in ‘99 that helped large media companies encode and distribute their videos through portals. He was introduced through mutual friends to Highland Capital. At the time consumer internet venture capital was still suffering from the collapse of the Tech Bubble.

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Vertical Curation Boston Burn Rate 265

500hats.com

AUGUST 2, 2012

TL:DR : This post aims to recap significant changes in the venture capital industry over the past ten years, and then make some [biased] predictions as to major forces at play in the next five years. However, all three shifts are related and can be summed up simply as: Geeks are Taking Over Venture Capital.

Silicon Valley 74

Silicon Valley Early Stage Venture Capital Valuation 74

Steve Blank

AUGUST 27, 2009

Thirty years later we now realize that its one the causes of early startup failure. This series of posts is a brief explanation of how we’ve evolved from Product Development to Customer Development to the Lean Startup. It has become an integral part of startup culture.

Silicon Valley 269

Silicon Valley Product Startup Product Development 269

www.inc.com

SEPTEMBER 24, 2011

Advisor. ); STARTUP. Dave Graham Business Venture Capital Private Equity GlobalLogic Inc. Venture Capital Firms. But Ive definitely had to lean on Dave. Of course, Arizona Bay is a consulting company, not a venture capital firm, and doing the work of both simultaneously can be time consuming.

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Arizona Equity Iowa Venture Capital 40

Genuine VC

JANUARY 3, 2013

According to all of the blogosphere chatter over the past month, seed-funded internet startups are entering this year gearing up for the now-near-infamous Series A Crunch. Businesses which should and do attract venture capital are ones which have the potential to be both high-growth and extremely large.

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Seed Stage Venture Capital Audience New York 166

Steve Blank

AUGUST 20, 2009

Resegmentation means these startups are trying to lure some of the current or potential customers away from incumbents by either offering a lower cost product, or by offering features that appealed to a specific niche or subset of the existing users. Do you know have they distribute their product? Do you know how they create demand?

Silicon Valley 206

Silicon Valley Startup RSS Customer Development 206

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. But the computer retail channel was a large part of our sales.

Sales 120

Sales Silicon Valley RSS Las Vegas 120

Steve Blank

MAY 22, 2009

Everyone should have a chance to walk the floor looking for deals, technology, distribution, customers, etc. Partnership Opportunities At any show you are attending there has to be tons of opportunity for business to business relationships you hadn’t thought about. These two posts were amazing.

Silicon Valley 136

Silicon Valley RSS California Customer Development 136

Steve Blank

SEPTEMBER 25, 2014

Larry had the DNA I’ve seen common with all the successful entrepreneurs I’ve backed in my 25 years of Venture Capital work—only he had a more exaggerated case than most. This is not usual—startups that fail often have a lot of people milling around who don’t know what the goal is. Pragmatic and Lean. What a gift!

Technical Review 334

Technical Review Venture Capital Software Review Database 334

Feld Thoughts

JANUARY 6, 2012

For a number of years, my partner Jason Mendelson has been teaching an extremely popular course at CU Boulder Law School with Brad Bernthal titled Venture Capital – A 360 Degree Perspective. Reading: Do More Faster: TechStars Lessons to Accelerate Your Startup : (Cohen, Feld). Following is a first draft of a syllabus.

Venture Capital 133

Venture Capital Leadership Lean Community 133

Steve Blank

JULY 29, 2016

The future is here it’s just distributed unevenly – Silicon Valley view of tech adoption. The threat is here it’s just distributed unevenly – A2/AD and the aircraft carrier. The threat is here; it’s just distributed unevenly – A2/AD and the aircraft carrier. But using Lean Innovation they’ll fail quickly and cheaply.

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Startup Lessons Learned

JULY 11, 2019

Among her early investments are Lyft, TaskRabbit and Modcloth, which, as our recent conversation shows, are only part of the reason Forbes called her “the most powerful woman in startups.” Ann will be speaking at this year’s Lean Startup Conference in October about all of this and more. I've been in venture now twice.

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Founder Lean Venture Capital Cofounder 68

Steve Blank

DECEMBER 3, 2009

Posted on December 3, 2009 by steveblank In my 21 years of startups I’ve had my ideas “stolen” twice. In the end, the CEO couldn’t get his board to give us the cash in exchange for the Japanese distribution rights and some equity. Once it almost mattered. This is about the time it didn’t. We ended up raising money from Sega.

Silicon Valley 166

Silicon Valley RSS Startup California 166

Steve Blank

JUNE 5, 2009

There is no certainty about a startup on day-one. You make several first order approximations about your business model, distribution channels, demand creation, and customer acceptance. You make several first order approximations about your business model, distribution channels, demand creation, and customer acceptance.

Silicon Valley 234

Silicon Valley RSS Vertical California 234

Steve Blank

NOVEMBER 19, 2009

I responded to their RFP by proposing that Ardent build the Pittsburgh Supercomputing Center a distributed supercomputing environment with hundreds of Ardent personal supercomputers rather than a monolithic Cray supercomputer. As one could imagine this was the last thing the supercomputer center management wanted to hear.

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Silicon Valley San Diego RSS California 210

Both Sides of the Table

JUNE 29, 2011

Yesterday I wrote Part 1 of the series on the changes to the software industry over the past decade that has led to changes in the venture capital industry itself. This led to an explosion in startups. I don’t think purely option-based investing in startups suits the long-term brand of the investor.

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ReadWriteStart

APRIL 26, 2012

For a technology startup company to launch an initial product and survive long enough to gauge its success, requires two-orders-of-magnitude less money today than at the start of the previous decade. From there, they'd make the leap to "Series A," which used to refer to the first round of institutional capital invested.

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IPO Stock San Francisco Lean 115

Up and Running

MARCH 1, 2016

Boris Wertz, founding partner of Version One Ventures, believes that if you’ve worked in an industry you’re passionate about for a long time, you may know something about the market that nobody else knows. If You Want Venture Capital, You Need It. You can do this on your own too using the lean planning methodology.

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