VC Cafe

MARCH 1, 2024

Most startups equate the process of fundraising to dating – founders have to typically kiss a lot of frogs until the find the right fit. New space companies – If we are entering a future with access to space being as routine and inexpensive as commercial air travel, shipping or trucking… what new businesses does that unlock?

Artificial Inteligence 177

Artificial Inteligence Technical Review Software Review Generative AI 177

Steve Blank

JUNE 27, 2017

As more and more companies face disruption from globalization, new technology, and startups that have more capital than the incumbents, the continuing cry from Wall Street investors is, “Why can’t companies be as innovative as startups?”. Here’s one reason why: Startups can do anything. Startups can do anything.

Startup 304

Startup New York City Valuation Distribution 304

Startup Professionals Musings

JUNE 10, 2016

Even the best products and solutions won’t go anywhere unless you sell them through the right channels. They usually get chastised and declined for ignoring the realities of the retail channel. The right channel for marketing and distribution is one of the basic “four Ps” of business (product, promotion, price and placement).

Channel 120

Channel Distribution Partner Acquisition 120

Startup Professionals Musings

JUNE 12, 2022

Having only a large capital base and distribution channels, with no innovation, is not a sustainable business model. Non-industrial large organizations cling to outdated business models. Many countries have learned to make products cheaper and better. Competitive advantages are rapidly vaporizing on these.

Artificial Inteligence 315

Artificial Inteligence Offshore Merger Technical Review 315

Startup Professionals Musings

DECEMBER 2, 2022

I expect that should seem intuitive to all entrepreneurs, but every investor I know has many stories about startup funding requests with major business model elements missing. The most common failures are solutions looking for a problem, lack of a defined market, or an inadequate revenue model. Target market. Production.

Business Model 256

Business Model Distribution Viral Green 256

Steve Blank

SEPTEMBER 5, 2018

A version of this article first appeared in the Harvard Business Review. It’s the antithesis of the Lean Startup. Almost overnight the floodgates opened, and risk capital was available at scale from venture capital investors who rushed their startups toward public offerings. ” Fire, Ready, Aim. And it may work.

Lean 335

Lean Burn Rate Startup IPO 335

Startup Professionals Musings

FEBRUARY 14, 2022

I found their five phases of the process to be compelling, based on my own years of experience mentoring startups: Nail the pain. Great businesses begin with a customer problem that has a big and monetizable pain point. Nail the business model. It’s time for a new startup model. Marty Zwilling.

Angel Investor 359

Angel Investor Technical Review Incubator Business Model 359

Steve Blank

OCTOBER 30, 2012

Today we are announcing the biggest entrepreneurial program ever launched – Startup Weekend Next. A partnership of Startup Weekend , Startup America , TechStars and Udacity , Startup Weekend Next brings four weeks of amazing hands-on training learning to build your startup to cities around the world.

Startup 335

Startup Lean Incubator Business Model 335

Startup Professionals Musings

MAY 15, 2019

I found their five phases of the process to be compelling, based on my own years of experience mentoring startups: Nail the pain. Great businesses begin with a customer problem that has a big and monetizable pain point. Nail the business model. It’s time for a new startup model. Marty Zwilling.

Startup 245

Startup Angel Investor Technical Review Incubator 245

Steve Blank

APRIL 21, 2011

The Stanford Lean LaunchPad class was an experiment with a new model of teaching startup entrepreneurship. This week they were testing their hypotheses about the sales “Channel” – how a company delivers its value proposition (i.e. There are two major channels: physical channels and virtual (web/mobile) channels.

Channel 234

Channel Artificial Inteligence San Francisco Business Model 234

VC Cafe

NOVEMBER 2, 2019

Benchmarks are typically specific to stage/business model/geo. In Rob Go’s words: For seed and Series A deals, investors will also need to see a high-potential team with founder/market fit , a large and attractive market opportunity , and a business model with increasing returns to scale. Consumer apps and services.

B2C 141

B2C Technical Review Startup Retention 141

Steve Blank

APRIL 23, 2014

For decades large companies have gone shopping in Silicon Valley for startups. What can companies learn from others’ failed efforts to integrate startups into large companies? The answer - there are two types of integration strategies, and they depend on where the startup is in its lifecycle. The Innovation Portfolio.

Acquisition 334

Acquisition Intellectual Property Silicon Valley Startup 334

Startup Professionals Musings

OCTOBER 11, 2023

Most new business owners I know feel the challenges of not enough time, money, and resources, and see these as problems rather than a competitive advantage. Don’t hesitate to look for new business partners who can mitigate your constraints, including distributors, new channels, or even competitors with complementary products.

Technical Review 277

Technical Review Partner Matching Channel 277

Startup Professionals Musings

OCTOBER 30, 2020

Most of you prefer to ignore the feedback from analysts that your chances of creating the next unicorn startup may be as low as one in five million. Products that can be easily produced and sold via multiple channels, including the Internet, are more easily scaled world-wide. Minimize one-time sales in your business model.

Merger 386

Merger Acquisition Software Review Social Media 386

The Startup Magazine

NOVEMBER 22, 2022

The tech industry is valued at $1tn in the UK alone, and with an increase in startups and scaleups, this number will only increase. Although she still gets a lot of referrals from word-of-mouth channels, she is working on doing more around marketing and especially leveraging partnerships. 2) Creating a sustainable business.

Congo 134

Congo Technical Review Africa Netherlands 134

YoungUpstarts

NOVEMBER 14, 2020

A college syllabus is enough work for the typical student, but some enterprising students still desire to create a startup company in college. This smaller group of students are voluntarily increasing their work quota, with the additional responsibility of running a startup company. Create Content Before Your Business Starts.

Startup 264

Startup Social Media Finance Media 264

Steve Blank

MARCH 12, 2014

Therefore we needed them to think and learn about two parts of a startup; 1) ideation - how to create new ideas and 2) customer development – how do they test the validity of their idea (is it the right product, customer, channel, pricing, etc.). Working for local startups creates real world intensity and urgency in the course.

Lean 335

Lean Customer Development Startup Silicon Valley 335

ReadWriteStart

MARCH 8, 2021

Every startup entrepreneur wants to see their company grow. But none of that can happen if you have an impediment to growth – an invisible (or perhaps visible) force keeping your startup from creating the momentum it needs to keep growing. . Marketing/advertising channels. What is this business’s course of growth?

Startup 127

Startup Retention Acquisition Agile 127

Startup Professionals Musings

MAY 17, 2020

These things outside your control do happen, but based on my years of experience as a startup advisor and angel investor, I still see too many strategies leading to failure that are inside the entrepreneur decision realm. I certainly agree that starting a business is fraught with risk, and none of us get it all right the first time.

Intellectual Property 436

Intellectual Property Angel Investor Viral Distribution 436

Steve Blank

SEPTEMBER 22, 2011

As part of our Lean LaunchPad classes at Stanford, Berkeley, Columbia and for the National Science Foundation, students build a startup in 8 weeks using Business Model Design + Customer Development. How To Build a Web Startup – The Lean LaunchPad Edition. Write down your 9- business model canvas hypothesis.

Lean 334

Lean Web Coder Business Model 334

Startup Professionals Musings

JANUARY 18, 2014

I found their five phases of the process to be compelling, based on my own years of experience mentoring startups: Nail the pain. Great businesses begin with a customer problem that has a big and monetizable pain point. Nail the business model. It’s time for a new startup model. Marty Zwilling.

Entrepreneur 283

Entrepreneur Startup Angel Investor Technical Review 283

Startup Professionals Musings

APRIL 14, 2021

For example, my dictate that entrepreneurs need to find a “ painful ” problem to solve (such as high cost, low productivity) to attract customers, doesn’t really account for many successful startup businesses today, including top social media platforms, dating sites, and new fashions.

Customer 432

Customer Social Media Dividend Technical Review 432

Startup Professionals Musings

MAY 27, 2013

One of the most common failures I see in startups is lack of focus. Investors hear this as trying to do too many things with limited resources, meaning the startup will not shine at anything, and will not survive the competition. Your value chain is your preferred business model, like premium quality, high service.

Startup 257

Startup Technical Review Angel Investor China 257

Startup Professionals Musings

MAY 12, 2017

I found their five phases of the process to be compelling, based on my own years of experience mentoring startups: Nail the pain. Great businesses begin with a customer problem that has a big and monetizable pain point. Nail the business model. It’s time for a new startup model. Marty Zwilling.

Startup 161

Startup Angel Investor Technical Review Incubator 161

Startup Professionals Musings

DECEMBER 20, 2012

I found their five phases of the process to be compelling, based on my own years of experience mentoring startups: Nail the pain. Great businesses begin with a customer problem that has a big and monetizable pain point. Nail the business model. It’s time for a new startup model. Marty Zwilling.

Startup 296

Startup Angel Investor Technical Review Incubator 296

ReadWriteStart

JUNE 1, 2020

I have often been asked about Startup Funding by entrepreneurs. Many myths surround the subject of startup funding. Here is Startup Funding, a Comprehensive Guide for Entrepreneurs. You must have seen a lot of startups giving out promotions, discounts, and incentives at the early phase of their business.

Startup 150

Startup Entrepreneur Elevator Pitch Seed Stage 150

The Startup Magazine

AUGUST 11, 2023

These investments are a tremendous help to your startup because they will serve as a stepping stone to reach your target eventually. Some return value must be offered to the investors for startup seed funding to be considered acceptable. When considered, “seed funding” describes the initial sums of funds a startup raises.

Seed Stage 125

Seed Stage Technical Review Early Stage Due Diligence 125

The Startup Magazine

NOVEMBER 6, 2024

Starting a business is thrilling, but creating a lasting impact requires more than just a great idea. Early-stage startups must navigate several crucial steps to gain traction and stay competitive in the market. Source: Pexels In 2022, Microsoft reported that there were a staggering 150 million startups worldwide.

Early Stage 120

Early Stage Artificial Inteligence Intellectual Property Startup 120

Startup Professionals Musings

JULY 9, 2017

An effective tool I see used more and more, as a prelude to a more detailed business plan, is the Business Model Canvas , first introduced by Alexander Osterwalder back in 2008. In my experience as a new business advisor, a business is nothing until people are aligned and work in sync. Key partners. Try this one.

Business Model 143

Business Model Intellectual Property Startup Angel Investor 143

Steve Blank

JUNE 26, 2014

We’re changing the order in which we teach the business model canvas and customer development to better-fit therapeutics, diagnostics and medical devices. The Lean LaunchPad class uses the three “ Lean Startup ” principles: Alexander Osterwalders “ business model canvas ” to frame hypotheses.

Intellectual Property 290

Intellectual Property Lean IP Open Source 290

Steve Blank

SEPTEMBER 16, 2014

How do you figure out what’s the right mix of skills for the co-founders of your startup? Surprisingly if you’ve filled out the business model canvas you already know who you need. She started by sketching her business model canvas on a napkin, but somehow the conversation quickly shifted to what was really on her mind.

Cofounder 335

Cofounder Founder Intellectual Property Business Model 335

Startup Professionals Musings

DECEMBER 14, 2015

Image via Flickr by Side Wages Some entrepreneurs forget that they need an innovative business model along with an innovative solution to have a successful startup. Inventors alone, or business gurus alone, generally fail. That’s why I say “two heads are better than one” in a startup.

Technical Review 120

Technical Review Startup Angel Investor Social Media 120

View from Seed

JUNE 23, 2022

Upon leaving the Air Force, I went to business school and then landed a job at YouTube where I helped up-and-coming creators grow on the platform. It was during that time, I created my own YouTube channel to understand the struggles creators faced. legal, bank accounts, government filings, etc) behind setting up a startup.

DC 156

DC Cambodia eCommerce Social Media 156

Startup Professionals Musings

SEPTEMBER 19, 2011

I found their five phases of the process to be compelling, based on my own years of experience mentoring startups: Nail the pain. Great businesses begin with a customer problem that has a big and monetizable pain point. Nail the business model. It’s time for a new startup model. Marty Zwilling.

Startup 286

Startup Angel Investor Technical Review Incubator 286

The Startup Magazine

OCTOBER 4, 2023

Insights from market research enable you to spot both strengths and weaknesses in your planned business model – helping you steer clear of pitfalls while maximizing opportunities. Developing a Business Plan The findings from your market research should form the backbone of your comprehensive business plan.

Balance Sheet 107

Balance Sheet Technical Review Business Model Business Plan 107

ReadWriteStart

JULY 3, 2019

Startups are starting to launch without a central headquarters, or any designated office building, in an attempt to create “fully remote” businesses. To conventional businesses, the notion seems absurd; they rely on in-house collaboration and the reputational allure of a headquarters. The Benefits of Fully Remote Businesses.

Startup 125

Startup Reputation United States Business Model 125

Startup Lessons Learned

OCTOBER 11, 2018

As we put the final touches on Lean Startup Conference 2018 , I wanted to take a moment to share more about some of the panels, workshops, and events. As is the right business model, which is the focus of the Don’t Bet on Your First Business Model workshop. For the whole program, please take a look here.

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Lean Las Vegas Cofounder Startup 103