Steve Blank

OCTOBER 5, 2009

My ex-boss was going to be the VP of Engineering and I would report to the CEO whose marketing acumen and sales instincts seemed at the time to be telepathic and sense of theater was legend. Our vision was that just as the PC was revolutionizing the business market, we were going to do the same for scientists and engineers.

North Carolina 126

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VC Cafe

FEBRUARY 7, 2011

They are accustomed to more frictionless buying, easier payments, smarter recommendation engines, sharper display (product images, 3D, HD), short fulfillment time, and excellent customer service. That marketing, however, is dependent on capital, and that capital means Venture Capital.

eCommerce 94

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Steve Blank

APRIL 10, 2009

One of the things he mentioned was that when it came to decision-making he still tended to think and act like an engineer. Since every situation is unique, there is no perfect solution to any engineering, customer or competitor problem, and you shouldn’t agonize over trying to find one. The same is true in your company.

Silicon Valley 302

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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). Paul discussed his perspective having been at SAP Ventures.

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ReadWriteStart

JANUARY 6, 2011

Drawing on traditions in the Latin American community, Julie and her partner are bringing to market a very specific product to address a very specific pain, and I believe she can build a very successful e-commerce business based on this idea. Photo by yirsh. Discuss.

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The Startup Magazine

OCTOBER 14, 2021

We’re aiming to bring that boost in productivity and cost-efficiency both to CPA firms and other professional services firms in other verticals (i.e. legal), as well as directly to consumers in their every-day lives. Professional services – accounting, white-shoe law, and more – just aren’t playing at that level yet.

CPA 139

CPA Founder Vertical Cofounder 139

Steve Blank

AUGUST 31, 2009

Yet startup companies have traditionally used this model to manage and pace not only engineering but also non-engineering activities. The flaw in this thinking is that “first customer ship&# is simply the date when engineering thinks they “finished” the 1.0 release of the product.

Customer Development 241

Customer Development Developer Customer Silicon Valley 241

Steve Blank

AUGUST 17, 2009

In 1955, the pretense of keeping unclassified and classified work separate imposed too much of an administrative overhead and Stanford merged the Applied Electronics Lab and the Electronics Research Laboratory into the Systems Engineering Lab. The Navy informs Terman that, “money was not a problem but time was.”

Silicon Valley 144

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www.informationarbitrage.com

FEBRUARY 24, 2010

Home About Press IA Capital Partners Archives After 17 years in M&A, Derivatives and Trading, Im spending my time with young entrepreneurs in and around financial technology and digital media. So why do inexperienced (as entrepreneurs), ultra-skilled CTOs fall into the trap of engaging a business partner too early? Camaraderie?

CTO Hire 40

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David Teten

JANUARY 21, 2021

(co-written with Jamie Finney, Founding Partner at Greater Colorado Venture Fund. V: Should you raise venture capital from a traditional equity VC or a Revenue-Based Investing VC? GCVF is pioneering the future of venture capital and high growth startups for all small communities.

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Equity Revenue Cofounder Colorado 78

thebarefootvc

JUNE 6, 2013

In the late 1990s I was investing in enterprise integration, partner networks and business intelligence – the consumer web was still very much in its infancy. Entrepreneurship Mobile Startups Technology Venture Capital interpretative intelligence Social Entrepreneurship technology'

Venture Capital 88

Venture Capital Mobile Vertical Algorithm 88

David Teten

DECEMBER 3, 2019

Private equity and venture capital investors are copying our sisters in the hedge fund world: we’re trying to automate more of our job. . But, most of use raise capital and source deals the same way people looked for dates 20 years ago: by networking at conferences (or bars). . But in business, you want a lot of partners.

Technical Review 78

Technical Review Software Review Analytics Private Equity 78

Steve Blank

MAY 21, 2009

If you think you are going to offend your customers or embarrass your engineering organization, get out of the marketing department. Partners Booths While your booth may be small, some of your potential or existing partners may have much larger ones, in much more visible locations. Visually, demo’s, wild colors, etc.

Silicon Valley 185

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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. I remember thinking, “What a disappointment one of the smartest engineers I know and he is going to waste his time making games.” How could it go wrong? Little did I know.

Silicon Valley 120

Silicon Valley Technical Review RSS Software Review 120

Reid Hoffman

SEPTEMBER 8, 2020

This pivot fundamentally changes your required organizational competencies, from Sales and Marketing to Engineering, Operations, and Support. I’m not saying this because I’m trying to pump up the venture capital industry; it’s based on my experiences as an entrepreneur, where I had great VC partners (and some not so great ones).

Startup 36

Startup Silicon Valley Business Model Mobile 36

abovethecrowd.com

FEBRUARY 27, 2019

In many cases, a deeper focus on a particular category or vertical allows these marketplaces to distinguish themselves from broader marketplaces like eBay. Swing is now at over 1,200 school partners and has filled over 115,000 teacher absence days. As you can see, that can be a big mistake. based teachers. NEW EMERGING MARKETPLACES.

Internet 88

Internet Matching Vertical Hosting 88

VC Cafe

FEBRUARY 15, 2017

Don’t take my word for it – in the roundup of venture capital predictions for 2017 , I found it to be the top recurring theme. Security will shift from defensive to predictive AI-powered security (Norwest Venture Partners). Chris Rust, Clear Ventures). Some examples: AI will be the new mobile.

Artificial Inteligence 122

Artificial Inteligence Technical Review Startup 122

VC Cafe

JULY 7, 2023

To put things in context, global venture funding in Q2 2023 reached $65 billion, an 18% decline quarter over quarter, and a 49% drop compared to the second quarter of 2022, when startup investors spent $127 billion, according to Crunchbase. I tried to consolidate my thoughts as well as other perspectives from leading venture capital funds.

Generative AI 88

Generative AI ChatGPT Startup 88

Steve Blank

JUNE 29, 2009

Since there was very little documentation my time was split between the design engineers who built the system and the test and deployment team getting the system ready to go overseas. After I was done teaching each the day, I continued to write the operations manuals and work with the test engineers. (I Are You Single? Sign me up.

Agile 251

Agile Silicon Valley RSS California 251

www.chubbybrain.com

SEPTEMBER 28, 2011

If you are an entrepreneur seeking funding, try our free Funding Recommendation Engine to identify a list of angels, venture capital and state grant programs that best match your business. At the end, I asked myself what are the most critical resources I need to be successful and the answer was partners and developers.

Software Review 79

Software Review Startup Technical Review Vesting 79

Steve Blank

AUGUST 10, 2009

Stanford’s Dean of Engineering, Fred Terman, encouraged scientists and engineers to set up companies to build these microwave tubes for the military. Unlike the other Stanford tube spinouts which were funded with military contracts, Watkins-Johnson would be one of the first venture capital funded companies in the valley.

Silicon Valley 158

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Both Sides of the Table

JANUARY 18, 2011

I first met the founder of Pose, Dustin Rosen , when he was a junior person with an LA-based venture capital firm called The Mail Room Fund. I asked him to present to my partners. And I’m a big believer in vertical use cases (in additional to more generalized platforms for sharing content). Pose is no different.

Term Sheet 303

Term Sheet Mobile Cofounder Early Stage 303

Steve Blank

OCTOBER 26, 2009

Communication between scientists, engineers and corporations were relatively open, and ideas flowed freely. At Stanford, Dean of Engineering Fred Terman wanted companies outside of the university to take Stanford’s prototype microwave tubes and electronic intelligence systems and build production volumes for the military.

Silicon Valley 163

Silicon Valley Securities and Exchange Commission Venture Capital RSS 163

Steve Blank

APRIL 16, 2009

Now we were faced with the fact that even though we were gaining market share daily, there was nothing coming out of Engineering. Instead of eight boards, Engineering was going to be able to deliver one new graphics board. We were about to be partners in building a new product family. What could we do? Yes, yes and yes.

Silicon Valley 136

Silicon Valley Product RSS Engineer 136

Steve Blank

NOVEMBER 21, 2015

Evangelos has spent the last 15 years as a Venture Capitalist, first at Apax Partners and later at Trident Capital. For example, US Steel had integrated vertically and was involved in the mining of the iron ore all the way to the production of various steel products, e.g., nails.

Silicon Valley 120

Silicon Valley Venture Capital United States Technical Review 120

Steve Blank

OCTOBER 29, 2009

Interestingly enough, Fred Terman, Dean of Stanford Engineering was tied to all three companies. In a typical venture fund, the partners receive a 2% management fee. This is where the partners would make their money. For the first time venture investors would have a very strong performance incentive.

Silicon Valley 126

Silicon Valley SBIC San Francisco RSS 126

Austin Startup

MARCH 7, 2018

Mellie Price (@mellieprice) | Twitter Heather Brunner CEO WPEngine Heather Brunner is one of the most successful tech CEO’s in Austin’s history, recently raising $250 million in funding from Silver Lake for WP Engine, the leading digital experience platform built on Wordpress.

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Technical Cofounder Cofounder Fractional CTO CTO 48

Steve Blank

JUNE 18, 2009

When I ran Rocket Science our corporate partners were in Japan (Sega), Germany (Bertelsmann) and Italy (Mondadori) and some travel was unavoidable. Eric Ries’s astute observations about engineering and Lean Startups make the same point. Thanks to my wife for being a great partner. Document every step. It takes two.

Entrepreneur 332

Entrepreneur Silicon Valley RSS Customer Development 332

Steve Blank

OCTOBER 8, 2009

Marketing is Heard From Engineering was discussing how sophisticated the graphics portion of our computer should be, debating cost and time-to-market tradeoffs of arcane details such as double-buffering, 24 versus 32-bits of color, alpha channels, etc. The conversation that day would become one of my professional watermarks.

Silicon Valley 275

Silicon Valley RSS Customer Development California 275

techcrunch.com

FEBRUARY 19, 2010

Researchers polled experts in lending, mezzanine capital, private equity, venture capital and private businesses themselves. Not a big shock, but things don’t look pretty, especially in the venture capital world. 41% of them feel that they qualify for venture capital funding.

Venture Capital 62

Venture Capital Technical Review Sweat Equity Valuation 62

blog.expensify.com

APRIL 24, 2012

” I’m quite sure with this article you alienated not only few potential customers or partners but also some existing ones. I am the VP of Engineering at a cutting-edge startup that sells software built on the.NET platform. It’s like arguing against vertical software. March 25, 2011 at 7:16 pm. How about ABAPer?

Java 107

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VC Cafe

JUNE 30, 2022

Jonathan Lai, General Partner, A16Z Gaming fund. I love landscapes as they help organise the categories needed to define the vertical. We’re excited to partner with early stage founders who see the future in the same way, and are working on the technologies that will help bring this vision forward.

Cloud 200

Cloud Venture Capital Cofounder Non-Compete 200

David Teten

NOVEMBER 30, 2020

Pre-seed startups (all vertical) are welcome to register to world’s largest pre-seed startup accelerator, the Founder Institute Final Admissions Deadline: October 04. Our ventures, in turn, have raised over $2 million in external funding.”. INVESTMENT ORGANIZATIONS FOCUSED ON THE ISRAEL-MENA AXIS. Apply here. Takwin Labs.

UAE 60

UAE United Arab Emirates Technology 60

steveblank.com

JULY 8, 2011

Home Books for Startups Guide Secret History-Bibliography Steve Blank Startup Tools Steve Blank Entries RSS | Comments RSS Email Subscription Get Steve Blank via your RSS Feed RSS - Posts RSS - Comments Categories Air Force (12) Ardent (10) Audubon (1) Big Companies versus Startups: Durant versus Sloan (39) Business Model versus Business Plan (..)

Software Review 110

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