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Vertical Markets 2: Customer/Market Risk versus Invention Risk.

Steve Blank

Market Risk vs. Invention Risk - Click to Enlarge For companies building web-based products, product development may be difficult, but with enough time and iteration engineering will eventually converge on a solution and ship a functional product - i t’s engineering, not invention.

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Raising Money Using Customer Development

Steve Blank

Unfortunately in early stage startups the drive for financing hijacks the corporate DNA and becomes the raison d’etre of the company. What are Early Stage VC’s Really Asking? Is there a profitable business model? Can it scale?” And finally, “Is this a team that can build this company?” Great post!

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Founders and dysfunctional families « Steve Blank

Steve Blank

You literally have to take your vision of the opportunity and against all rational odds assemble financing, and a team to help you execute. Next, you have to deal with the daily crisis of product development and acquiring early customers. And that’s just to get started. Comments and brickbats welcomed. Now In Print!

Founder 310
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Strategy Roundtable: Professional Investors Do Not Invest In $20 Million Markets

www.readwriteweb.com

So, please note the TAM Analysis is a vitally important aspect of building any financing strategy. He needs to generate enough profit so that he can grow organically and build his business systematically, and without expecting a lot of outside financing. Raymond is wondering why he cannot attract financing.

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Strategy Roundtable: Professional Investors Do Not Invest In $20 Million Markets

www.readwriteweb.com

So, please note the TAM Analysis is a vitally important aspect of building any financing strategy. He needs to generate enough profit so that he can grow organically and build his business systematically, and without expecting a lot of outside financing. Raymond is wondering why he cannot attract financing.

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Why Launching a Startup Is More Expensive Than You Think

mashable.com

million in venture financing. No doubt early-stage companies can be started on a shoestring by low-paid entrepreneurs, but when financing a scalable, sustainable product, a free application server won’t make much of a difference. I’m now in my second founder/CEO role, having raised more than $18.5

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The Sharp End of the Stick « Steve Blank

Steve Blank

In an early stage startup, instead of sales being up front, the point departments are likely to be product development and customer development. Later on in this same company’s life, sales will become the pointy end and product development moves to a supporting role. Who’s on the Sharp End?