Steve Blank

FEBRUARY 22, 2011

If you’re a visiting dignitary whose country has a Gross National Product equal to or greater than the State of California, your visit to Silicon Valley consists of a lunch/dinner with some combination of the founders of Google, Facebook, Apple and Twitter and several brand name venture capitalists. Hackers’ Guide to Silicon Valley.

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Steve Blank

SEPTEMBER 5, 2018

As a reminder, the Dot Com bubble was a five-year period from August 1995 (the Netscape IPO ) when there was a massive wave of experiments on the then-new internet, in commerce, entertainment, nascent social media, and search. Massive liquidity awaited the first movers to the IPO’s, and that’s how they managed their portfolios.

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Startup Professionals Musings

JUNE 26, 2020

You may have heard that venture capitalists in Silicon Valley no longer read business plans. The options here include going public (IPO), merger/acquisition, liquidate, or no exit, just paying off investors. For the rest of us, we need a business plan, as well as a product plan. Most investors don’t want long-term commitments.

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Steve Blank

MAY 9, 2017

I’ve seen the Valley grow from Sunnyvale to Santa Clara to today where it stretches from San Jose to South of Market in San Francisco. I’ve watched the Valley go from Microwave Valley – to Defense Valley – to Silicon Valley to Internet Valley. So how did this happen? Where is it going?

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online.wsj.com

JULY 11, 2012

Theres a power struggle underway in Silicon Valley. But Andreessens approach is also exposing a rift in Silicon Valley, where a group of young and relatively untested entrepreneurs have maintained control over their rapidly growing companies. Did the Facebook IPO undermine your confidence in the markets?

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Silicon Valley Founder Software Review Technical Review 42

Steve Blank

APRIL 23, 2014

For decades large companies have gone shopping in Silicon Valley for startups. Silicon Valley – a Corporate Innovation Candy Store. Corporate business development and strategic partner executives are flocking to Silicon Valley to find these five types of innovation.

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Growthink Blog

SEPTEMBER 24, 2014

I had the good fortune to moderate a panel at last week''s IBA Silicon Valley from Start-up to IPO / Exit Conference. start-ups that turn into “Unicorns” - businesses with exits via IPO or acquisition of greater than $1 Billion - emanate almost exclusively from the United States, and far more specifically from Silicon Valley.

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Steve Blank

OCTOBER 24, 2017

— Unremarked and unheralded, the balance of power between startup CEOs and their investors has radically changed: IPOs/M&A without a profit (or at times revenue) have become the norm. In the 20th century tech companies and their investors made money through an Initial Public Offering (IPO).

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Founder Technical Review CTO Hire IPO 245

Cracking the Code

MARCH 28, 2022

The cloud IPO market has also been very active with 32 IPOs vs. 17 in 2020. It’s worth noting though that while the number of IPOs increased, the companies were smaller and raised less capital than those last year. 60% of the cloud IPOs had a market cap of $5B+ vs. only 28% this year. in Sept 2020. In 2020, c.

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Agile VC

JULY 11, 2012

Brentwood Associates [Silicon Valley] –> Founded in the early 70s and focused primarily on VC, Brentwood had big wins in both IT like Wellfleet Communications (big chunk of what eventually became Nortel) and WebTV (part of Microsoft) and healthcare (various businesses that make up a big chunk of what is now Medtronic and Baxter).

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Silicon Valley Carried Interest Cofounder Boston 240

The Startup Magazine

OCTOBER 29, 2021

We can trace the Midwest’s renaissance to Sprout Social’s successful initial public offering (IPO) , which saw the company debut on public markets at a price of $17 per share and rise to over $120 per share today. billion company and has built up this valuation outside the Silicon Valley scene. Today, Sprout is a $6.6

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Both Sides of the Table

SEPTEMBER 27, 2012

Recently I wrote a post arguing to make the definition of a Startup more inclusive than that to which Silicon Valley, fueled by Venture Capital return profiles, would sometimes like to attach to the word. ” Put simply, if you care about building a successful tech community outside Silicon Valley you should read this book.

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The Next Web

JANUARY 16, 2014

The story struck me as significant for three reasons – firstly, because Freelancer founder Matt Barrie had been very public leading up to the IPO about wanting to list in Australia over both London and NASDAQ. Finally, that this was not the first highly successful tech IPO in Australia in 2013 with OzForex raising AUD $439.4

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Australia San Francisco IPO Cofounder 146

Steve Blank

SEPTEMBER 14, 2009

On top of all this it was considered very bad form not to have at least four additional consecutive quarters of profits after an IPO.) The IPO Bubble – August 1995 – March 2000 In August 1995 Netscape went public, and the world of start ups turned upside down. Tech acquisitions went crazy at the same time the IPO market did.

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Growthink Blog

APRIL 9, 2014

venture capital investing activity, Silicon Valley is the nation’s unrivaled tech early technology investing epicenter. But it does beg the question: Has Silicon Valley become so dominant - has it so separated itself - that the best opportunities can only be found there? With 41% of all U.S. Great for them. Of course not.

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Both Sides of the Table

OCTOBER 8, 2014

Many people don’t realize that the majority of the monetization of the Internet originated in Los Angeles but was perfected in Silicon Valley. But many people forget that we have 2 relatively recent IPOs that are substantive companies: TrueCar (Upfront backed) & Cornerstone OnDemand.

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philipsmith.typepad.com

SEPTEMBER 24, 2011

Silicon Valley Frontlines. Life in the Valley. In-the-Trenches Consulting to Startup and Emerging-Growth Companies. « Presentation Secrets of Steve Jobs! Why Do Otherwise Sensible Companies Not Have CFOs? » January 23, 2010. Two Tales of "Working For Equity". Best Practices. Business Management. Cloud Computing.

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Startup Professionals Musings

OCTOBER 17, 2022

Examples of some leaders in this space include Ron Conway in Silicon Valley and Jeff Bezos , CEO of Amazon, who each may have over 500 startups in their portfolio. VCs tend to carry their partners much longer, in hopes of a big public offering (IPO) that could produce a windfall. Super angels sometimes drive up valuations.

Angel Investor 342

Angel Investor Venture Capital Silicon Valley Portfolio 342

Steve Blank

APRIL 13, 2013

But what made the overwhelming impression for me was finding an entrepreneurial software cluster on par with the Internet software portion of Silicon Valley. Liquidity for most Internet startups happens via IPO’s. 70% of exits in China are via IPO (in the U.S. So big companies rarely acquire startups.

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Silicon Valley China Venture Capital Merger 267

Startup Professionals Musings

JULY 16, 2023

A few, like Silicon Valley Bank (SVB), despite recent failures, actually do provide management services to startups, invest in startups, or provide early-stage venture capital, but that is not called an investment service and is part of a function called Emerging Technologies, or sometimes Private Equity.

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Both Sides of the Table

JUNE 5, 2011

2 preamble issues having read the comments on TC today: 1: I know that the prices of startup companies is much great in Silicon Valley than in smaller towns / less tech focused areas in the US and the US prices higher than many foreign markets. This article originally appeared on TechCrunch. I acknowledged this in the article.

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Startup Professionals Musings

OCTOBER 26, 2020

A few, like Silicon Valley Bank (SVB), actually do provide management services to startups, invest in startups, or provide early-stage venture capital, but that is not called an investment service and is part of a function called Emerging Technologies, or sometimes Private Equity.

Silicon Valley 362

Silicon Valley Private Equity Initial Public Offering Term Sheet 362

Steve Blank

OCTOBER 26, 2009

This is the first of two posts about the rise of “risk capital” and how it came to be associated with what became Silicon Valley. ———————– Building Blocks of Entrepreneurship By the mid 1950’s the groundwork for a culture and environment of entrepreneurship were taking shape on the east and west coasts of the United States.

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Silicon Valley Securities and Exchange Commission Venture Capital RSS 159

Feld Thoughts

AUGUST 25, 2015

Some were Silicon Valley early stage companies, such as Apple, Quantum, and Masstor Systems. while none of the non-Silicon Valley regional firms were long-term successful as regional firms. However, none were based in the Silicon Valley and are probably unfamiliar names to today’s practitioners.

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Startup Professionals Musings

JUNE 13, 2011

In addition, due to Sarbanes-Oxley and other regulations, accounting costs have gone up an estimated four times for all businesses, and 2008-2009 represented the worst IPO market in forty years. Rates around the world are still going down, while U.S. rates have remained fixed for the last ten years.

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Steve Blank

APRIL 13, 2013

But what made the overwhelming impression for me was finding an entrepreneurial software cluster on par with the Internet software portion of Silicon Valley. Liquidity for most Internet startups happens via IPO’s. 70% of exits in China are via IPO (in the U.S. So big companies rarely acquire startups.

Silicon Valley 159

Silicon Valley China Venture Capital Merger 159

Agile VC

MAY 26, 2011

Google is still a private company (their IPO was Aug 2004). Silicon Valley is still emerging from the tech bubble and massive downturn of late 2000-2002. And obviously all the liq prefs went away in the IPO when pref stock converted to common. Im a former Silicon Valley entrepreneur turned East Coast VC.

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Term Sheet Silicon Valley Technical Review Social Network 178

The Next Web

JULY 20, 2013

“Do they really expect that the next Facebook will come knocking at their ivory towers with a polished product, proven business model and the only thing missing on the way to an IPO being their Series A investment?”. Venture capitalists and their feedback.

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Startup Lessons Learned

JULY 15, 2010

Lessons Learned by Eric Ries Thursday, July 15, 2010 Some IPO speculation Inspired by Steve Blank’s post today about the “lost decade&# of IPO’s , I’d like to make some predictions. The fact that IPO’s are disappearing makes intuitive sense to me. Let me be clear: Steve is the historian.

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Startup Professionals Musings

JUNE 6, 2022

The best known ones, like YCombinator , started by Paul Graham in Silicon Valley, and TechStars , located in Boston, provide excellent networking to investors, and on-site technical leadership, which can make your investment less risky. Do your homework before investing.

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Both Sides of the Table

APRIL 13, 2011

Was about a billion dollars on the IPO” and “was one of the first web analytics companies. So having spent a lot of time thinking about this Silicon Valley is a thing in and of itself. So everybody goes through this phase of we want to be the next Silicon Valley. So I was an Angel investor from 1994 to 1996.

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Technical Review Venture Capital Silicon Valley Software Review 288

crowdSPRING Blog

MAY 25, 2012

‘The Golden Age of Silicon Valley Is Over, and We’re Dancing on its Grave’ – [link]. The Inside Story Of What Happened On The Facebook IPO – [link]. Facebook IPO, and How to Build a Social Network for $389 – [link]. Facebook IPO Post Mortem – Killer – but not for the reasons you think

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Both Sides of the Table

MARCH 1, 2016

And while there is a narrative that most LPs only want to invest in the long-standing Silicon Valley brands that have existed for the past 40 years, there is evidence that many LPs understand that it is possible for new entrants in our industry to stake out grounds of differentiation.

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Startup Professionals Musings

JANUARY 19, 2020

Examples of some leaders in this space include Ron Conway in Silicon Valley and Jeff Bezos , CEO of Amazon, who each may have over 500 startups in their portfolio. VCs tend to carry their partners much longer, in hopes of a big public offering (IPO) that could produce a windfall. Super angels sometimes drive up valuations.

Angel Investor 314

Angel Investor Venture Capital Silicon Valley Startup 314

Steve Blank

OCTOBER 29, 2009

This is the second of three posts about the rise of “risk capital” and how it came to be associated with what became Silicon Valley. ———————– The First Valley IPO’s Silicon Valley first caught the eyes of east coast investors in the late 1950’s when the valleys first three IPO’s happened: Varian in 1956, Hewlett Packard in 1957, and Ampex in 1958.

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Silicon Valley SBIC San Francisco RSS 125

Both Sides of the Table

JANUARY 21, 2010

When we want to sell or IPO companies they’re there again. Right sized : I tried to work with one of the best known firms in Silicon Valley. He’s totally tapped into the startup communities in Silicon Valley and a bit in LA. Our lives are intertwined. I know Mike Lincoln in Washington DC does.

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Haystack

DECEMBER 29, 2018

And as more economies worldwide seek to shift their investment strategies offshore and seek out technology, hubs like Silicon Valley and Shanghai, among others, have reaped the benefits. More and more angels will be minted as the 2019 IPO class emerges. Hundreds of new micro funds somehow keep getting into the market.

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