Steve Blank

NOVEMBER 16, 2009

However the Customer Development Model and the Lean Startup work equally well for startups on the web. Union Square Ventures The next morning I got to spend time with Brad Burnham , partner at Union Square Ventures talking about their investment strategy and insights about web-based businesses.

Customer Development 228

Customer Development Web Developer Customer 228

VC Cafe

MAY 21, 2024

Their scale and resources enable them to innovate rapidly, making it challenging for startups to compete directly in this space. If startups do decide to compete on this ground floor, then they need to raise billions of dollars, most of which seems more like a Capex expense. Native GenAi companies should leverage that cost advantage.

Generative AI 97

Generative AI ChatGPT Vertical B2B 97

Steve Blank

APRIL 10, 2009

And he recognized it was making his startup feel and act like a big ponderous company. Most decisions in a startup must be made in the face of uncertainty. One of the things he mentioned was that when it came to decision-making he still tended to think and act like an engineer. The same is true in your company.

Silicon Valley 307

Silicon Valley RSS Startup Agile 307

A Smart Bear: Startups and Marketing for Geeks

JANUARY 13, 2015

Often your best estimate of any metric or market behavior or business model component is at best accurate within a power of ten, for example “expected conversion rate between 0.5% Let’s run an example, taken from real numbers from a startup I recently spoke with.

Business Model 120

Business Model Affiliate Startup Bootstrapping 120

Startup Professionals Musings

OCTOBER 23, 2021

While these may be necessary for funding, they may not be sufficient to make your startup the great success embodied in your vision. It also starts with a good summary of the intangibles, summarized as the five rules of relevancy, by Mark Zawacki: A startup needs to be relevant and stay relevant.

Early Stage 379

Early Stage Vertical Sales Global 379

The Startup Magazine

JUNE 1, 2023

By Daniel Sokolovksy, Co-Founder and CEO, WARP and Troy Lester, Co-Founder and CRO, WARP The dissolution of Silicon Valley Bank (SVB) was more than just a bank collapse, it was a reality check for both startups and the VCs that fund them. So what does an early-stage company do to avoid the doom and gloom plaguing the world of startups?

Early Stage 135

Early Stage Los Angeles Silicon Valley Cofounder 135

Steve Blank

APRIL 23, 2018

A version of this article appeared in the Harvard Business Review. The entrepreneur who founded and grew the largest startup in the world to $10 billion in revenue and got fired is someone you have probably never heard of. Durant took his money from his carriage company and bought a struggling automobile startup called Buick.

Michigan 296

Michigan Cofounder Stock Forecast 296

Startup Professionals Musings

JANUARY 6, 2019

While these may be necessary for funding, they may not be sufficient to make your startup the great success embodied in your vision. It also starts with a good summary of the intangibles, summarized as the five rules of relevancy, by Mark Zawacki: A startup needs to be relevant and stay relevant.

Startup 242

Startup Early Stage Vertical Sales 242

Austin Startup

FEBRUARY 1, 2020

Sapient’s Sam Parks and Martin Koch have developed a smart outlet system for commercial deployment The Forrest Four-Cast: January 28, 2020 If Sam Parks , CEO and co-founder of Sapient Industries , weren’t working for his startup, he’d be working as a scientist, using his background in nanotechnology as an applied physicist. Who does it serve?

Philadelphia 62

Philadelphia Technical Review Artificial Inteligence Pennsylvania 62

The Next Web

SEPTEMBER 22, 2013

But have you ever had the opportunity to pick the brains of founders who created amazingly successful startups and companies like Envato , Backblaze , Simple , or Treehouse ? If you pick one vertical and do it well, other folks will find you. Find your niche. Don’t try to be everything to everyone right away. Nothing is impossible.

Cofounder 164

Cofounder Founder Startup Bootstrapping 164

Steve Blank

OCTOBER 31, 2014

Scalable startups are on a trajectory for a billion dollar market cap. Not all start ups want to go in that direction – some will opt instead to become a small business. There’s nothing wrong with a business that supports you and perhaps an extended family. What’s the playbook for your region or country to make it so?

Global 335

Global Australia Silicon Valley China 335

Steve Blank

DECEMBER 7, 2009

Posted on December 7, 2009 by steveblank In my 21 years of startups, I had my ideas “stolen” twice. Our business model changed as we realized that to become a large company, we needed to automate more than just a few marketers. See part one for the first time it happened. This time it was serious.

Silicon Valley 253

Silicon Valley Non-disclosure Agreement NDA Startup 253

Hunter Walker

OCTOBER 31, 2020

So I’ve found that when you’re not already ‘in the door’ at a firm (ie went to school with the senior GP’s kids, worked at a startup they backed) that there are four different types of “qualifications” they are seeking. Instead I’ve written some stuff down — take a look and if you have any follow-up maybe we can handle over email. Blockchain.

North Carolina 90

North Carolina Hiring Angel Investor Technical Review 90

David Cohen

AUGUST 22, 2012

As an example, one of the areas that I like to invest in is vertical search. With vertical search, it’s all about the crack. Vertical search is one of those areas where I think freemium can still make a ton of sense. I had a meeting today with the vertical search company that I recently funded.

Vertical 110

Vertical Search Business Model Software Developers 110

David Teten

APRIL 1, 2021

This typically includes: Relationships with relevant service providers in your vertical, often with pre-negotiated discounts: coaches, lawyers, accountants, common software vendors, consultants. A well-organized library of best practices for founders in your vertical, which you can share as appropriate. AskAnything.VC

Private Equity 78

Private Equity Venture Capital Portfolio Equity 78

Austin Startup

FEBRUARY 15, 2020

If you are an entrepreneur, check out the SXSW 2020 Startups Track , which runs March 13–17. This track brings together founders and funders and showcases exciting new companies, products, services, and business models across different verticals and industries.

South Korea 89

South Korea Technical Review Open Source Vertical 89

Austin Startup

FEBRUARY 20, 2020

What has the startup experience taught you about life? If you are an entrepreneur, check out the SXSW 2020 Startups Track , which runs March 13–17. This track brings together founders and funders and showcases exciting new companies, products, services, and business models across different verticals and industries.

Technical Review 62

Technical Review Cleveland Software Review Iowa 62

Austin Startup

MARCH 3, 2020

LexSet’s primary office is in the Brooklyn Navy Yard at the NewLab , an amazing startup ecosystem that provides lots of opportunities for pilots and collaborations. What has the startup experience taught you about life? If you are an entrepreneur, check out the SXSW 2020 Startups Track , which runs March 13–17.

Technical Review 63

Technical Review Los Angeles Cofounder Silicon Valley 63

The Equity Kicker

MAY 23, 2014

Proprietary merchandise – e.g. vertically integrated retailers like Bonobos and WarbyParker. This is a good framework to think about whether a startup will be able to compete with Amazon. Proprietary experience - e.g. companies that offer amazing discovery experiences like RenttheRunway , Shoedazzle and Birchbox.

eCommerce 120

eCommerce Business Model Flash Curation 120

Austin Startup

FEBRUARY 23, 2020

What has the startup experience taught you about life? The toughest part of being a female entrepreneur in the startup world is the number of people telling me that women face more obstacles than men in almost every professional setting. If you are an entrepreneur, check out the SXSW 2020 Startups Track , which runs March 13–17.

Technical Review 62

Technical Review Seattle Elevator Pitch Equity 62

Austin Startup

SEPTEMBER 29, 2018

As I mentioned at the beginning of this series/ebook, over the years I’ve noticed that I tend to frequently share certain Lucky7 posts with entrepreneurs we’ve backed , team members at data.world, or other startup investors I know. In totality, these posts are at least as long as most business books. business model and team.

Bootstrapping 52

Bootstrapping IPO Business Model Software Review 52

Austin Startup

MARCH 1, 2020

I would love to work with a startup accelerator, if not on my own startup. What has the startup experience taught you about life? If you are an entrepreneur, check out the SXSW 2020 Startups Track , which runs March 13–17. If you weren’t working for Milis Bio, what would you be doing?

Ireland 62

Ireland Morocco North America Philippines 62

Startup Professionals Musings

JUNE 30, 2013

While these may be necessary for funding, they may not be sufficient to make your startup the great success embodied in your vision. In the last couple of years, perhaps in reaction to some business atrocities leading to the recent Recession, I am seeing a renewed focus on other less tangible attributes which can set your startup apart.

Startup 293

Startup Early Stage Vertical Sales 293

Steve Blank

JUNE 8, 2009

In the last three posts, we drew the relationship of market risk and invention risk with vertical markets and pointed out verticals where customer development would be useful. would look in each of the verticals. Is marketing different if you’re in the cleantech business versus medical devices?

Vertical 125

Vertical Silicon Valley RSS Marketing 125

Version One Ventures

JULY 21, 2020

The startup market evolves, and so do we as VCs. No matter the vertical, geography, business model, macro or micro trends, entrepreneurs form the nucleus of a generational company. Technology changes. Over the past few months, we’ve reflected on our journey over the past decade, who we are and what we invest in.

Founder 213

Founder Vertical Differentiation Portfolio 213

Steve Blank

JUNE 11, 2009

Posted on June 11, 2009 by steveblank When my students ask me about whether they should be a founder or cofounder of a startup I ask them to take a walk around the block and ask themselves: Are you comfortable with: Chaos – startups are disorganized Uncertainty – startups never go per plan Are you: Resilient – at times you will fail – badly.

Cofounder 229

Cofounder Founder Silicon Valley Technical Cofounder 229

Startup Professionals Musings

MAY 28, 2012

While these may be necessary for funding, they may not be sufficient to make your startup the great success embodied in your vision. A startup needs to find a voice relevant to its ecosystem. These days, you have to foster a community of support for your business. A startup must gain traction.

Startup 247

Startup Early Stage Vertical Sales 247

Mucker Lab

OCTOBER 12, 2016

Just six months ago, VCs were publishing white papers extolling the virtue of non-bank lending startups, but now no one will touch them with a 10-foot pole. Vertical integration of different funding risks. Whatever happened to IoT after Nest? The average (or even above average) horse never wins. The road ahead for entrepreneurs.

Harvest 60

Harvest Vertical IPO Early Stage 60

YoungUpstarts

APRIL 7, 2013

And judging by the newly announced winner of Tech in Asia ‘s Startup Arena winner Lots of Buttons , it can also grow in pretty quirky ways. Hong Kong-based Lots of Buttons beat out 19 other impressive (mostly Asia-based) startups with a business model that revolves around buttons. Image credit: Tech In Asia ].

Asia 150

Asia Startup Singapore Japan 150

Startup Professionals Musings

DECEMBER 17, 2016

While these may be necessary for funding, they may not be sufficient to make your startup the great success embodied in your vision. In the last few years, perhaps in reaction to the business integrity issues leading to the recession back in 2008, I am seeing a renewed focus on other less tangible attributes which can set your startup apart.

Startup 120

Startup Early Stage Vertical Sales 120

Steve Blank

AUGUST 31, 2009

After 20 years of working in startups, I decided to take a step back and look at the product development model I had been following and see why it usually failed to provide useful guidance in activities outside the building – sales, marketing and business development.

Customer Development 244

Customer Development Developer Customer Silicon Valley 244

Steve Blank

SEPTEMBER 24, 2009

The Founder’s New Insight Smart founders are never satisfied with simply executing their current business model, they are constantly observing, orienting and deciding whether their current business model can be made better.

Customer 216

Customer Silicon Valley RSS California 216

Hearpreneur

DECEMBER 8, 2019

With over a decade + experience in three previous entrepreneurial journeys, I learned the hard way that focus and dedication to build expertise in a specific niche is important and is one of the keys to successful agency business. Thanks to Mac Fadra, MAXiM Hair Restoration ! #12- 12- Officially Incorporated and more.

Entrepreneur 119

Entrepreneur Technical Review Vertical Las Vegas 119

Startup Professionals Musings

JULY 6, 2012

A good many startups I know have been “successful” over a couple of years in overcoming the challenges of starting the business, including incorporation, services development, funding, and setting up operations. But don’t worry.

Startup 236

Startup Vertical Reputation Valuation 236

Entrepreneurs-Journey.com by Yaro Starak

DECEMBER 16, 2013

You will also find out how Walter … Read the rest of this entry » The post How To Gauge Demand For Your Ebook, Mastermind Tips, Options For Non-English Speaking Entrepreneurs, And Horizontal Vs Vertical Business Strategies appeared first on Entrepreneurs-Journey.com.

Vertical 85

Vertical Demand Audio Incubator 85

View from Seed

JANUARY 11, 2018

We dove deep into how this investment thesis extends to major verticals of consumer spending like entertainment , clothing , and home. Through all of those posts, we’ve received one common question from founders: Are all Everyday Economy startups consumer-facing? The answer is no. Let me explain. 1) Enabling Layers.

B2B 120

B2B B2C Vertical Portfolio 120

Startup Professionals Musings

MARCH 28, 2011

A good many startups I know have been “successful” over a couple of years in overcoming the challenges of starting the business, including incorporation, services development, funding, and setting up operations. But don’t worry.

Startup 230

Startup Vertical Reputation Valuation 230