Remove Acquisition Remove Customer Development Remove Liquidity Event
article thumbnail

How Do You Want to Spend Your Next 4 Years of Your Life?

Steve Blank

It was a lifelong lesson that taught me to never start a business where you hate your customers. You don’t want to do Customer Development with them. So you and your team need to feel comfortable being in this business with these customers. It never goes well. You don’t want to talk to them.

Cofounder 330
article thumbnail

Intel Disrupted: Why large companies find it difficult to innovate, and what they can do about it

Steve Blank

Capital is returned to these investors through liquidity events (originally public offerings, but today mostly acquisitions). Its acquisition of Android may have been the biggest bargain in corporate history. Filed under: Corporate Innovation , Customer Development.

Insiders

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

article thumbnail

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

Steve Blank

Number of Venture Backed Liquidity Events 1991-2000. The size of the red bars (IPO’s) versus blue (mergers and acquisitions) illustrates that while venture-backed startups did get acquired, the IPO market was booming. Number of Venture Backed Liquidity Events 2000-2010. Take a look at the chart below. (It

article thumbnail

New Rules for the New Internet Bubble

Steve Blank

They taught you about customers, markets and profits. The reward for doing so was a liquidity event via an Initial Public Offering. Startups needed millions of dollars of funding just to get their first product out the door to customers. Startup exits in the next three years will include IPO’s as well as acquisitions.

Internet 335
article thumbnail

Where is the best place to find a rockstar developer to bring it to life?

www.quora.com

" => I have not bothered to put up a landing page, survey to test customer demand, or done any customer development whatsoever. "Where is the best place to find a rockstar developer to bring it to life?" Building a scalable, profitable, customer acquisition engine. Now we turn it around.

article thumbnail

Startup Resources

www.vccafe.com

Steve Blank on Lean Customer Development. great web customer acquisition tutorials. Customer Development. Read post Why Learning should be your top 2013 new year’s resolution  for a full list. Codeacademy. Lean Methodology Sources. Steve Blank. SW Courses. Part 1- Intro. Part 2- 3 tools for startups.