View from Seed

SEPTEMBER 14, 2021

That’s a bit of a cautionary tale to VC investors today who might think it’s inevitable that the private value they are enjoying in their portfolios will certainly translate to distributions in the near future. Was this a lost decade for venture capital? Or are current values inflated and unlikely to converge with DPI?

Valuation 156

Valuation Pre-Money Valuation Distribution Early Stage 156

Steve Blank

JULY 2, 2009

To an entrepreneur, being asked to join a venture firm with an Entrepreneur-in-Residence title means you have been tapped on the shoulder by the VC gods. The CDROM content business in the early 1990’s was one of the many of the long line of venture capital fads. We understood none of this. More detail in future posts.

Silicon Valley 120

Silicon Valley Technical Review RSS Software Review 120

Both Sides of the Table

APRIL 23, 2011

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. Startup after Iron Planet? (6:00

Vertical 265

Vertical Curation Boston Burn Rate 265

Steve Blank

JULY 16, 2009

Go spend some time outside the building talking to potential distribution partners. However the VC’s are managing a portfolio while you, the entrepreneur are managing one company – yours. The fact its board members sold it to their former portfolio company does not make it a great business, it makes it a great investment.

Silicon Valley 207

Silicon Valley RSS Video San Diego 207

Both Sides of the Table

JUNE 18, 2010

What a pleasure that I got to spend an hour talking with both Om Malik (whom I’ve always respected his views) and Paul Jozefak , a venture capital partner at Neuhaus Partners in Germany (and formerly the head of Europe for SAP Ventures). Network of vertical focused sites: BeachMint, BeachMint, WineMint, etc.;

Venture Capital 225

Venture Capital Non-Compete Vertical Europe 225

Steve Blank

NOVEMBER 16, 2009

It’s an impressive portfolio. Even startups that are dominated by technical risk have the customer validation risk of finding positive ROI distribution in a large market. Bill and his partner Fred Wilson have invested in ~30 or so companies with 27 still active. Eric and I will be working on others.

Customer Development 219

Customer Development Web Developer Customer 219

Steve Blank

AUGUST 31, 2009

customers aren’t buying it, the cost of distribution is too high, etc.) The fallacy is that the product development model is the most efficient model for new ventures swinging for the fences– this year, last year, last decade, or since the first startup met their first investor.

Customer Development 238

Customer Development Developer Customer Silicon Valley 238

Cracking the Code

OCTOBER 13, 2020

As doctors are embracing new technologies, we think this is only the beginning of the digital transformation of medical practices and hospitals, and we expect a lot more innovation in this vertical in the coming years.

Europe 71

Europe Cloud Silicon Valley 71