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How Do You Want to Spend Your Next 4 Years of Your Life?

Steve Blank

As our Lean LaunchPad for Life Sciences class winds down, a good number of the 26 teams are trying to figure out whether they should go forward to turn their class project into a business. Or is it something that can grow to a size that will result in an acquisition or some liquidity event?

Cofounder 326
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Early-stage Regional Venture Funds–part 2 of 3 of Bigger in Bend

Steve Blank

Over the years Dino and I brainstormed about how Lean entrepreneurship would affect regional development. However, four critical advances over the past decade (cloud, accelerators, Lean, and Angels) not only changed the math for tech investing but made regional tech clusters possible. The Bend Experience. Build $10-30M funds.

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Intel Disrupted: Why large companies find it difficult to innovate, and what they can do about it

Steve Blank

Capital is returned to these investors through liquidity events (originally public offerings, but today mostly acquisitions). Innovation can come from inside the corporation, by adopting Lean Startup language and methods, developing intrapreneurship, and fostering innovation-driving behaviors such as GE’s FastWorks program.

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New Rules for the New Internet Bubble

Steve Blank

Lean Startups/Back to Basics (2000-2010): No IPO’s, limited VC cash, lack of confidence and funding fuels “lean startup” era with limited M&A and even less IPO activity. The reward for doing so was a liquidity event via an Initial Public Offering. 2001 – 2010: Back to Basics: The Lean Startup. Visibility.

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Do you engage an investment banker?

Berkonomics

Presented with these mental pictures and the recommendations from so many of us that have done deals with and without investment bankers, you may lean toward interviewing a group of your industry’s best for the size of your deal, and being convinced that creating such a team is a good investment. The liquidity event and beyond'

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A million things can kill the deal.

Berkonomics

Keep the deal a secret even as the buyer leans in? The months between the LOI and the closing are as stressful as any you will experience as a CEO, and there are few ways to reduce the stress. Email readers, continue here…] First, should you inform your employees of the deal?

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What use is an investment banker?

Berkonomics

Presented with these mental pictures and the recommendations from so many of us that have done deals with and without investment bankers, you may lean toward interviewing a group of your industry’s best for the size of your deal, and being convinced that creating such a team is a good investment. Your next steps.