Steve Blank

SEPTEMBER 14, 2009

Posted on September 14, 2009 by steveblank Over the last 30 years Wall Street’s appetite for technology stocks have changed radically – swinging between unbridled enthusiasm to believing they’re all toxic. They taught you about customers, markets and profits. Each VC firm/partner has a different spin on what to weigh more.)

Silicon Valley 237

Silicon Valley IPO Technical Review Venture Capital 237

Steve Blank

SEPTEMBER 5, 2018

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

Lean Burn Rate Startup IPO 335

Both Sides of the Table

MARCH 11, 2011

I thing I’ve learned over the years is that technology purists hate advertising even when it is that revenue stream that truthfully drives much of our industry. In 1995 Netscape IPO’d and browsers started to become more prevalent. He invented the category of sponsored search. That gave Google a huge cost advantage.

Product 350

Product Tuvalu Dilution Incubator 350

Steve Blank

MARCH 3, 2015

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. It taught lean theory ( business model design , customer development and agile engineering) and practice. . —– When I came to U.C.

Business Plan 120

Business Plan Silicon Valley Saudi Arabia Lean 120

Steve Blank

MARCH 18, 2011

The Golden Age (1970 – 1995): Build a growing business with a consistently profitable track record (after at least 5 quarters,) and go public when it’s time. Dot.com Bubble ( 1995-2000): “ Anything goes” as public markets clamor for ideas, vague promises of future growth, and IPOs happen absent regard for history or profitability.

Internet 335

Internet IPO Silicon Valley Agile 335

Steve Blank

JULY 15, 2010

Until 1995 startups going public typically had a track record of revenue and profits. Netscape’s 1995 IPO changed the rules. The public markets for venture-backed technology stocks never really recovered after the collapse of the dot-com boom. Other VC’s who invest in Information Technology have taken a different approach.

Venture Capital 306

Venture Capital IPO Liquidity Event Entrepreneur 306

Steve Blank

AUGUST 5, 2010

One could argue that there’s nothing new here, as Internet distibution models started in 1995. Previous experience of investing in software companies that hire direct sales organizations and take years to build the product using waterfall development doesn’t translate to expertise in Consumer Internet startups.

Lean 265

Lean Internet Silicon Valley Venture Capital 265