Steve Blank

SEPTEMBER 1, 2021

Do they have better sales, marketing, or product development groups? What the winners start with is the realization that in a world of continuous disruption, they have only a few years to develop new capabilities or be pushed over the brink. Is it that some CEOs are better than others? Are their people smarter?

Incubator 414

Incubator Lean Agile Business Model 414

Steve Blank

NOVEMBER 21, 2015

and reorganized into operating divisions (by product, territory, brand, etc.), This strategy-to-structure shift from functional organizations to operating divisions was led by DuPont and popularized by General Motors and quickly followed by Standard Oil and Sears. each with its own profit and loss responsibility.

Silicon Valley 120

Silicon Valley Venture Capital United States Technical Review 120

View from Seed

MARCH 24, 2021

At NextView Ventures we have written many pieces about venture capital — how to raise it, build your business, engage with investors, iterate your product, navigate expanding industries, etc. I’ve Been in Venture Capital for Two Months. VCs sure do love writing. ” (David Beisel).

Seed Stage 177

Seed Stage Hiring IPO Analytics 177

David Teten

AUGUST 19, 2019

I’ve been a traditional equity VC for 8 years, and I’m now researching new business models in venture capital. RBI normally requires founders to pay back their investors with a fixed percentage of revenue until they have finished providing the investor with a fixed return on capital, which they agree upon in advance.

Revenue 60

Revenue Technical Review Software Review Equity 60

Steve Blank

DECEMBER 17, 2015

In Stage 2, the corporation adds venture capital and/or mergers-and-acquisition teams to provide these functions. Examples of Stage 2 Outposts include: BMW’s Silicon Valley development group, working on self-driving vehicle technologies, while their venture group has been making investments in companies like ChargePoint and Nauto.

Silicon Valley 120

Silicon Valley Incubator Acquisition Business Model 120

Business Plan Blog

OCTOBER 4, 2013

Aligning the Startup Team Strategy with the Capitalization Strategy. The single most important factor to raising capital for any tech startup is the management team. This is true for early stage funding as well as venture capital funding. Typically, these hires fall into 2 buckets: product development and sales.

Part-Time VPE 79

Part-Time VPE Fractional VPE Cofounder CTO Hire 79

Up and Running

JULY 2, 2014

We had personally invested $70,000 of our own money at this point, and we were hoping to raise at least another $250,000 to help us hire a team, launch our company, and begin to build our product. We shared all of this with our attorney before she helped us write our Operating Agreement (OA), so we assumed we were in good hands.

Technical Review 118

Technical Review Angel Investor Due Diligence Dilution 118

Steve Blank

FEBRUARY 23, 2009

I was consulting for the two venture capital firms who between them put $12 million into my last failed startup. (My No one was actually quite that good, but some VCs had “golden guts” for these kinds of operating issues. Yet when I talked to my venture capital friends, they said, “Well, that’s just how startups work.

Silicon Valley 128

Silicon Valley RSS Venture Capital Customer Development 128

Hearpreneur

FEBRUARY 8, 2023

3- Finance Club Photo Credit: Jonathan Tian I am enrolled with the Finance Club on LinkedIn to enhance my business operation beyond boundaries. The curriculum was comprehensive and covered a wide range of topics, from product development to fundraising. The group also provides counseling for couples and families.

Community 96

Community Architecture Entrepreneur Networking 96

David Teten

OCTOBER 1, 2015

I’ve seen a range of options for supporting entrepreneurs, which I can rank from least to most involvement in companies by investors: financier VCs, e.g., Correlation Ventures. portfolio operator VCs, e.g., Andreessen Horowitz, ff Venture Capital, First Round Capital, Google Ventures. translation: focus.).

Software Developers 60

Software Developers Software Development Software Review Technical Cofounder 60

YoungUpstarts

MAY 16, 2018

There, he would be showered in venture capital, build a team of similarly brilliant twenty-somethings, acquire millions of customers seemingly overnight, and steer his startup to an IPO and himself to the cover of Inc magazine well before his 30th birthday. Instead, he would take his evident talent to Silicon Valley.

Silicon Valley 157

Silicon Valley Forecast Venture Capital Business Plan 157

Up and Running

MAY 23, 2016

Another great way to test your idea is to create a minimum viable product, or MVP. This is the simplest version of your product minus the frills and frosting. It’s a particularly popular strategy in the world of product development and is used to quickly and quantitatively test a product or a product feature.

Software Review 74

Software Review Software Delaware Forecast 74

Steve Blank

JUNE 25, 2009

Twenty eight years ago I was the bright, young, eager product marketing manager called out to the field to support sales by explaining the technical details of Convergent Technologies products to potential customers. They couldn’t keep up with the fast product development times that were enabled by using standard microprocessors.

Technology 141

Technology Silicon Valley Fractional VPE Part-Time VPE 141

Hearpreneur

JULY 10, 2017

Prior to starting Ozmo both Ming and I worked in a design house creating new and better products. Throughout my five years of experience in product development, I realized that most of product launch failure could have been avoided by getting the product right earlier on, or understanding the limit of the maker.

Entrepreneur 102

Entrepreneur Hungary Software Review Cofounder 102

VC Cafe

DECEMBER 28, 2010

A light “railway” using high density busses in dedicated traffic lanes is also due to start operating in 2011, and a cable-car connecting the bay area with the academic institutions in the upper part of the city is planned for 2013. Israeli Researchers pursue brain-operated computing. billion in 2010.

Technical Review 87

Technical Review South Korea Mexico 87

David Teten

JULY 30, 2013

SproutBox might accurately be placed in the Mentor category or Portfolio Operator category, but our primary value is very specifically in hands-on product development. I suppose this is part of operating the company, but we don’t consider ourselves Operators. Thanks again! Brad Wisler. twitter: gopsig.

Portfolio 114

Portfolio Indiana Cofounder Operations 114

David Teten

JULY 30, 2013

SproutBox might accurately be placed in the Mentor category or Portfolio Operator category, but our primary value is very specifically in hands-on product development. I suppose this is part of operating the company, but we don’t consider ourselves Operators. Thanks again! Brad Wisler. twitter: gopsig.

Portfolio 114

Portfolio Indiana Cofounder Operations 114

www.vccafe.com

MARCH 11, 2013

Venture Capital Cafe > Startup Resources (Updated Mar 2013). Great for visualizing work of product development. Boilerplate Venture Funding Documents. National Venture Capital Association â?? Raising Venture Capital. Venture Hacks equity section. About VC Cafe. Seed Startups.

Software Review 53

Software Review Technical Review Startup 53

The Equity Kicker

MARCH 6, 2014

This is a quote from Leander Kahney’s recently published book on Apple design chief Jony Ive: “In the world according to Steve Jobs, the ANPP would rapidly evolve into a well-defined process for bringing new products to market by laying out in extreme detail every stage of product development.

Product 84

Product Venture Capital Lean Finance 84

Austin Startup

AUGUST 12, 2019

FAKING IT IN TECH SXSW Conference | Track: Tech Industry & Enterprise Speakers: Maryann Alspaugh, Programs Manager at Capital Factory The Pitch: How did it get here? Maryann often wondered as she sat in yet another workshop about {insert tech term here}: venture capital, blockchain, cybersecurity and so on and on.

Cofounder 51

Cofounder Entrepreneur Technical Cofounder Artificial Inteligence 51

Startup Professionals Musings

FEBRUARY 13, 2013

Typically they can be used to fund product development and commercialization that would otherwise require outside investors. For example, federal and state governments don’t provide grants for starting a business, paying off debts, or covering operational expenses. Violations can lead to jail time. Marty Zwilling.

Government 230

Government Equity Cost SBIR 230

Growthink Blog

SEPTEMBER 13, 2017

And putting out there the “story” behind the numbers - the talent, work ethic, and integrity of our people, the suredness of our IP, the thoughtfulness of our product development roadmap, the sustainable competitive advantage of our operational cost structure, and the like. Relationships.

Harvest 48

Harvest IP Software Review Forecast 48

This is going to be BIG.

JUNE 30, 2010

Sometimes, we even have good product feedback. Why not ask people who may have entrepreneurial, operational, sales, marketing, etc. Another indication that you're fundraising is when product development can no longer continue without capital. backgrounds at startups?

Technical Review 113

Technical Review Due Diligence Venture Capital Later Stage 113

ReadWriteStart

JUNE 29, 2020

Most importantly, the phrase “ bootstrapping a startup ” translates into “growing your business with little or no venture capital or outside investment. It means relying on your own savings and revenue to operate and expand.”. Product development also occurs in small iterations or changes.

Bootstrapping 85

Bootstrapping Global Startup Hungary 85

This is going to be BIG.

NOVEMBER 15, 2013

SocialSignIn , software that turns wifi into an engaging social marketing channel, operates on the same premise. This kind of product development comes from an insightful entrepreneur who is a great observer--someone who often has a diverse network or likes people watching. Venture Capital & Technology'

Bandwidth 119

Bandwidth Venture Capital Portfolio Hosting 119

Steve Blank

MAY 18, 2009

We agreed that all her founding CEOs seemed to have the same set of personality traits – tenacious, passionate, relentless, resilient, agile, and comfortable operating in chaos. It’s why all of you operated so well in the unpredictable environment that all startups face.” And that’s just to get started.

Founder 307

Founder Silicon Valley RSS China 307

VC Cafe

NOVEMBER 11, 2011

Fifty of its manufacturing activities and 70% of its consolidated revenues derive from global operations. The BIRD Foundation promotes collaboration between Israeli and American companies in various technological fields for the purpose of joint product development. Israel Corporation is Israel’s largest holding company.

Peru 96

Peru Technical Review North America 96

www.informationarbitrage.com

FEBRUARY 24, 2010

But I am doing this from the vantage point of an investor / Board member, not an operating executive. Because early in a technology company's life, a true operating executive is NOT what the company needs. But I am doing this from the vantage point of an investor / Board member, not an operating executive.

CTO Hire 40

CTO Hire Founder Cap Table Vesting 40

Growthink Blog

MAY 10, 2012

If it's not your plan to get venture capital down the road, then you'll probably stop in Stage 2-receiving enough funding to boost your marketing, sales, and infrastructure to grow organically from there to the point where you are satisfied or ready to sell. Each round may raise between $5 million and $20 million or more.

Equity 88

Equity Mezzanine Later Stage Venture Capital 88

Steve Blank

AUGUST 27, 2009

This series of posts is a brief explanation of how we’ve evolved from Product Development to Customer Development to the Lean Startup. The Product Development Diagram Emerging early in the twentieth century, this product-centric model described a process that evolved in manufacturing industries.

Silicon Valley 267

Silicon Valley Product Startup Product Development 267

Up and Running

SEPTEMBER 20, 2016

Facebook, Apple, and Microsoft all started in garages or dorms, and didn’t raise money until later on when they were ready to scale up operations. enabling you to expand on an already working business model), and if you’re in the extremely early stages of building your company, you still need to develop your product.

Early Stage 60

Early Stage Startup Forecast Channel 60

VC Cafe

MAY 5, 2010

Michael Moritz, a partner at Sequoia Capital sees speed as the main benefit Cotendo brings to content providers: “ Vessels run faster after the barnacles have been scraped from the side of their hulls. The proceeds of this round will be used to fuel Cotendo’s international expansion and continued product development.

.Net 75

.Net Venture Capital Europe 75

The Equity Kicker

JANUARY 10, 2020

Nic is also the author of one of Europe’s most popular venture capital blogs – www.theequitykicker.com. Every good VC looks for the same three things: a great team, a great product, and a large and attractive market. As you operate at the early stage, how do you help a company scale? Let’s start with the obvious question.

Partner 68

Partner Early Stage Portfolio Metrics 68

VC Cafe

FEBRUARY 3, 2014

With current locations in San Francisco, Boston, London, and Shanghai, the medical giant’s innovation centers work on developing new approaches to a range of diseases. The planned Israeli branch will operate as an incubator and will be located in Rehovot, near the Weizmann Institute.

Las Vegas 92

Las Vegas India San Francisco 92

Both Sides of the Table

APRIL 27, 2010

Most of what I learned about operating startups I learned from the really tough years at my first company from 2001-2003. My company had raised venture capital in April 2001 but we were told that there may never be any more coming. I learned how to better run a product management process.

Venture Capital 285

Venture Capital Hiring Software Review Stock Options 285

blog.nahurst.com

JULY 19, 2010

Domain specific experience within the target market are helpful as are more broad experiences in sales, marketing, product development, or business development (probably on the order of 5+ years outside of undergrad, grad, or MBA school). [4] 6a] Salary upon funding -0%: No extra equity for getting a salary upon funding.

Technical Cofounder 43

Technical Cofounder Cofounder Equity Salary 43

Up and Running

MARCH 1, 2016

Boris Wertz, founding partner of Version One Ventures, believes that if you’ve worked in an industry you’re passionate about for a long time, you may know something about the market that nobody else knows. If You Want Venture Capital, You Need It. Just remember, when you’re pricing your product: Your starting price defines you.

Non-disclosure Agreement 60

Non-disclosure Agreement NDA Non-Compete Naming 60