Remove 1995 Remove Business Model Remove Government
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Is the Lean Startup Dead?

Steve Blank

Most entrepreneurs today don’t remember the Dot-Com bubble of 1995 or the Dot-Com crash that followed in 2000. 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.

Lean 335
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Blowing up the Business Plan at U.C. Berkeley Haas Business School

Steve Blank

Berkeley in 2010 to run the Lester Center for Entrepreneurship in the Haas School of Business we were teaching entrepreneurship the same way as when I was a student back in 1995. The final deliverable for that class was a 30-page business plan. Business Model versus Business Plan Customer Development Lean LaunchPad Teaching'

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Welcome to the Lost Decade (for Entrepreneurs, IPO’s and VC’s)

Steve Blank

Most of the startups they invested in either died by running out of money before they found a scalable business model or ended up in the “land of the living dead” by never growing (failing to Pivot.). Until 1995 startups going public typically had a track record of revenue and profits. government for funding.

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18 Entrepreneurs Explain Why They Started Their Business

Hearpreneur

Now, we can share our proven business model with people everywhere. I became a business owner because I could. I was tired of the bureaucracy of government and corporate work along with limited vacation days (my balance was always bouncing off of zero!). I just wanted to simplify everything. Our focus has never changed.

San Diego 116
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Startup America – Dead On Arrival

Steve Blank

Microsoft did not open a Washington office until 1995. Their job is to search for a repeatable and scalable business model. Go take a look at any of the government organizations talking about entrepreneurship and see how many of its leaders or staff actually started a company or a venture firm. Fast forward to today.

America 324
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The Rise of the Lean VC – Consumer Internet Gets Its Own Investors

Steve Blank

Fairchild Semiconductor became the progenitor of a flood of Silicon Valley chip companies and at the same time the adoption of the limited partnership as the model for Venture Firms gave VC’s their own profitable business model. One could argue that there’s nothing new here, as Internet distibution models started in 1995.

Lean 265
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Stop Bad-mouthing the Millenial Generation and Read the Facts

Up and Running

Yet 72 percent said that the classes they’d taken didn’t adequately prepare them to start a business, and most didn’t think enough support was available from the government and banks. Whether Millennials, our largest generation at 80 million strong, can harness their enthusiasm into viable businesses models remains to be seen.

Las Vegas 113