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Why The Government is Isn’t a Bigger Version of a Startup

Steve Blank

Some of the best and brightest wanted to work for defense contractors or corporate research and development labs. Indeed, Silicon Valley was born as a center for weapon systems development and its software and silicon helped end the Cold War. The table below summarizes a few of the salient differences.

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How to Configure Your Startup Team

Both Sides of the Table

I am fond of quoting that about 70% of my investment decision of an early-stage company is the team. PM’s are underrated in Silicon Valley these days. Without strong PMs you build crappy products that nobody needs or that real people can’t use. Final startup grind from msuster. For the wrong reasons.

Cofounder 388
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Observations from my trip to India

Version One Ventures

It’s obviously very large, but most start-up activity is concentrated in a few cities: Bangalore (the “Silicon Valley” of India), Delhi (the 33m strong capital of India), Mumbai (the financial capital) and Chennai. Sequoia, Accel, Lightspeed, Nexus, Matrix and Elevation came up in conversations all the time.

India 87
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Blowing up the Business Plan at U.C. Berkeley Haas Business School

Steve Blank

Starting in the 1950’s, Stanford’s engineering department became “outward facing” and developed a culture of spinouts and active faculty support and participation in the first wave of Silicon Valley startups. At the same time Berkeley was also developing Cold War weapons systems. See the presentation here.).

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The Customer Development Manifesto: The Startup Death Spiral (part.

Steve Blank

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. Without the revenue to match its expenses, the company is in now danger of running out of money.

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Imagine K12 Launches a New Incubator for Ed-Tech Startups

ReadWriteStart

Founded by three Silicon Valley veterans - Tim Brady, Alan Louie, and Geoff Ralston - Imagine K12 will support early stage ed-tech startups through a funding and mentorship program. Working with Students, Teachers, Schools for Product Development.

Incubator 116
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Should you raise on convertible notes or do an equity round?

Hippoland

In reality, at such an early stage, it almost doesn’t make sense to do a priced round, because you don’t know what the fundraising landscape will be apriori. So early stage investors tend to be more wary of convertible notes / convertible securities. This should be basically free.

Equity 48