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

NOVEMBER 1, 2010

But Iridium’s business model assumptions were fixed like it was still 1990. No Business Plan Survives First Contact With A Customer. In 2000, new investors bought Iridium’s satellites and network for $25-million, or one half of one percent of the invested capital. Business plans are the leading cause of startup death.

Business Plan 335

Business Plan Customer Business Model Customer Development 335

Steve Blank

JULY 15, 2010

The two decades from 1979 when pension funds fueled the expansion of venture capital to 2000 when the dot-com bubble burst were the Golden Age for entrepreneurs and venture capital firms. During the decade between 1991 and 2000, nearly 2000 venture backed companies went public. Here’s why. Startup lifecycle in an IPO Market.

Venture Capital 306

Venture Capital IPO Liquidity Event Entrepreneur 306

ReadWriteStart

MAY 28, 2013

For years, HBR and most of the country’s leading business schools taught entrepreneurship as if the strategies, processes and techniques were some sort of amputated versions of the business models embraced by “real companies.” Big businesses, Blank said, became so “focused on execution, they forgot how to innovate.”.

Lean 60

Lean Startup Technical Review Business Model 60

Startup Professionals Musings

DECEMBER 27, 2014

Institutional venture capital dispensed thus far in 2014 has been up significantly over the last few years, but is still less than half of the peak hit way back in the year 2000 (over $100 billion). Many have disappeared, and others have forgotten how to be agile and innovative. The cost of entry for tech startups continues to go down.

Angel Investor 260

Angel Investor Silicon Valley Startup Portfolio 260

Occam's Razor

MAY 2, 2017

There are great starting points, but there is an assumption that based on your expertise and business knowledge that you’ll be able to personalize these. The challenge I want to take on is to be specific in the recommendations make, and to share how we can be very nimble and agile. You take advantage of them by living in 2017!

Metrics 143

Metrics Acquisition eCommerce Analytics 143

Steve Blank

JUNE 22, 2009

The original Hewlett Packard which made test and measurement products was spun-out and renamed Agilent. Agilent is a $5.8 For the first 25 years HP’s business model was static. Technology changes, culture changes, customer needs change, more agile competitors emerge, etc. However, no markets last forever.

Silicon Valley 192

Silicon Valley RSS California Agile 192

Agile VC

JULY 19, 2012

Back in the 2000-2001 timeframe, a flood of LP capital was coming into the VC asset class given the strong returns of the mid-late 90s tech boom/bubble. 2) Be Willing to to Experiment – I described the risks of strategy drift in Part 1 , but often great VCs still display a willingness to experiment in their business model.

Cofounder 193

Cofounder Limited Partner Early Stage LP 193

ReadWriteStart

APRIL 26, 2012

They all went away; they got rolled up in 1999 and 2000 into these too-big-to-fail banking operations," Davidson tells us. Risk to the company's business model in the early stages is reduced by adopting this app store "template" that customers worldwide have already embraced. Brown & Sons, Montgomery Securities.

IPO 115

IPO Stock San Francisco Lean 115

Hearpreneur

AUGUST 9, 2020

Companies all over the world are stepping up to the plate and pivoting from their normal business model towards one that emphasizes assistance and relief for COVID-19. He arrived at the project site as a young optometrist to find 2000 people waiting to have their eyes checked. VisionSpring is no different.

Jordan 99

Jordan Bangladesh India Mexico 99

Agile VC

APRIL 13, 2012

The kinds of places where you have to sign an NDA when you walk in the lobby… When I lived and worked in the bay area (2000-2005) virtually all the startups were down on the peninsula somewhere.

Silicon Valley 185

Silicon Valley San Francisco San Jose Startup 185

Hearpreneur

DECEMBER 9, 2020

Companies all over the world are stepping up to the plate and pivoting from their normal business model towards one that emphasizes assistance and relief for COVID-19. He arrived at the project site as a young optometrist to find 2000 people waiting to have their eyes checked. VisionSpring is no different.

Jordan 62

Jordan Bangladesh India Mexico 62