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How a Seed VC Approaches Pre-Product Startups

View from Seed

My partner David has also written about this a bunch. In short, I find that authenticity helps a founder more quickly find product/market fit, recruit and inspire teams, and resonate more deeply with customers. I’ll dig into this a bit further… Founder/Market Fit. For many software products, this can happen relatively quickly.

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The Rise of Chinese Venture Capital – (Part 3 of 5)

Steve Blank

The first wave of startups began when R&D centers and universities began to provide the technology and seed capital for new startups that were spin-outs or spin-offs. A few foreign VC firms like IDG Capital Partners entered China in the early 1990s. China Customer Development Technology Venture Capital'

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Why Does Funding Begin with “Fun?”

Genuine VC

For entrepreneurs, seeking seed capital means meeting with numerous VC firms and sometimes dozens of angels… fun? Telling the same pitch over and over again… taking time away from more immediately impactful endeavors like recruiting and customer development… the endless follow-ups and inevitable radio silence… fun?

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The Rise of Chinese Venture Capital – (Part 3 of 5)

Steve Blank

The first wave of startups began when R&D centers and universities began to provide the technology and seed capital for new startups that were spin-outs or spin-offs. A few foreign VC firms like IDG Capital Partners entered China in the early 1990s. China Customer Development Technology Venture Capital'

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Building a new startup hub

Startup Lessons Learned

As a result, the companies get a lot of exposure to VCs, investors, and partners in larger, more traditional startup hubs. Provide early seed capital, and be the ones to make those introductions. And do your customer development. Some of the mentors are based in Boulder, but many are not.

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Fund Raising is a Means Not an End

Steve Blank

Does our product or service solve a customer problem (product-market fit)? How do we attract, keep and grow customers? Who are the partners? If you’re a scalable startup, you want to spend small amounts of money (seed capital) as you run experiments testing your hypotheses. And what are its costs? What is an IRR?

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Fund Raising is a Means Not an End

Steve Blank

Does our product or service solve a customer problem (product-market fit)? How do we attract, keep and grow customers? Who are the partners? If you’re a scalable startup, you want to spend small amounts of money (seed capital) as you run experiments testing your hypotheses. And what are its costs? What is an IRR?