Steve Blank

JUNE 11, 2009

However, you will be dealing with almost daily change, (new customer feedback/insights from a Customer Development process and technical roadblocks ,) as the company searches for a repeatable and scalable business model. By now the company may have found and settled on a repeatable business model.

Cofounder 230

Cofounder Founder Silicon Valley Technical Cofounder 230

The Next Web

DECEMBER 30, 2012

How to Build a Startup (EP245) by Steve Blank: You’ll learn the key steps of the Customer Development process. How to identify and engage the first customers for your product, and how to gather, evaluate and use their feedback to make your product, marketing and business model far stronger. Khan Academy.

Artificial Inteligence 156

Artificial Inteligence Founder Private Equity Ruby 156

David Teten

APRIL 1, 2021

I’ve recently advised a number of emerging private equity and VC funds who are wrestling with the question: What are the highest impact steps they can take to support their portfolio companies? . Almost every private equity and venture capital investor now advertises that they have a platform to support their portfolio companies.

Private Equity 78

Private Equity Venture Capital Portfolio Equity 78

Steve Blank

APRIL 14, 2013

business models. Even though they’re next to Zhongguancun, the hottest place for startups in China, there seems to be a lower appetite for risk, a lack of interest in equity (instead optimizing for a high salary) and very little loyalty to any one company. business models. Of course “copy” is too strong a word.

China 220

China Silicon Valley Non-Compete Intellectual Property 220

ReadWriteStart

OCTOBER 13, 2011

Steve Blank is a retired serial entrepreneur, educator, thought leader and creator of the rigorous "Customer Development" methodology detailed in his book, "The Four Steps to the Epiphany." It's hard enough to pick which existing companies with known business models to aid.

Finland 158

Finland Venture Capital Government Russia 158

Steve Blank

JUNE 12, 2020

This was followed by an 8-minute slide presentation describing their customer discovery journey over the 10-weeks. All the teams used the Mission Model Canvas , (videos here ) Customer Development and Agile Engineering to build Minimal Viable Products, but all of their journeys were unique.

Oakland 315

Oakland Asia Lean Video 315

The Next Web

JANUARY 27, 2013

Especially because I could have used this time on marketing, sales and customer development, and actually helped our business move forward. Go for a convertible notes/equity and save the legal nightmares for when you actually have proven that you’ve got a credible business model.

Netherlands 159

Netherlands Technical Review Software Review Cofounder 159

Steve Blank

NOVEMBER 27, 2012

The class teaches the three basic skills all entrepreneurs need to know: business model design. customer development. Some general customer development slides click here. They don’t ask for equity and charge just enough to cover the costs of pizza and the room rental. agile engineering. Find it here.

Open Source 335

Open Source Silicon Valley Lean Customer Development 335

Steve Blank

JUNE 4, 2012

As the morning fog burns off the California coast, I am working with Steve Blank, preparing for the Lean LaunchPad Faculty Development Program we are running this August at U.C. Mainstream Entrepreneurship recognizes that with the Lean LaunchPad class we now have a methodology of making small businesses fail less.

Silicon Valley 313

Silicon Valley Lean Utah Customer Development 313

Steve Blank

JUNE 2, 2011

A revolution has taken hold as customer development and agile engineering reinvent the Startup process. Reinventing the board meeting may allow venture-backed startups a more efficient, productive way to direct and measure their search for a profitable business model. for a business model. Victor Hugo.

Silicon Valley 292

Silicon Valley Business Model Early Stage Venture Capital 292

Steve Blank

JANUARY 20, 2014

When Customer Development and the Lean Startup were just a sketch on the napkin, Dino Vendetti, a VC at Bay Partners, was one of the first venture capitalists I shared my ideas with. Over the years we brainstormed about how Lean entrepreneurship would affect regional development. Fixing the Missing Pieces of Infrastructure.

Silicon Valley 320

Silicon Valley Oregon Lean Angel Investor 320

Steve Blank

OCTOBER 26, 2013

The program pays scientists $50,000 to attend the program and takes no equity. It’s curriculum is built on a framework of business model design, customer development and agile engineering – and its emphasis on evidence, Lessons Learned versus demos, makes it the worlds most advanced accelerator.

Lean 270

Lean Washington Incubator Agile 270

Steve Blank

DECEMBER 30, 2014

. ———– The National Institutes of Health recognizes that Life Science/Health Care commercialization has two components: the science/technology, and the business model. The Lean Launchpad® for Life Sciences (the I-Corps @ NIH ) uses the Lean Startup Model to discover and validate the business model.

San Diego 267

San Diego North Carolina Chicago Lean 267

A Smart Bear: Startups and Marketing for Geeks

OCTOBER 23, 2012

After all, before the house of cards inevitably tumbles, private equity investors get a tidy return. And the same thing happened after we sold IT WatchDogs in 2005. The crap of it is, those VC’s who continue to invest in Nguyen are acting rationally. Nguyen knows how to keep the magic going long enough for the payday. And it is magic.

IPO 240

IPO Flash Bootstrapping Private Equity 240

ReadWriteStart

JUNE 15, 2011

Startups now understand what they should be doing in their early formative days is search for a business model. The process they use to guide that search is "Customer Development" ; and to track their progress startups now have a scorecard to document their week-by-week changes – the business model canvas.

Silicon Valley 118

Silicon Valley Startup Early Stage Business Model 118

rob.by

MARCH 8, 2012

” I believe that by this he means they want cash rather than equity. “Business people” and “software people” are misnomers. That’s because business people cover a wider range of skills and responsibilities; the work they do is more varied. I absolutely want cofounders when the time comes.

Technical Cofounder 42

Technical Cofounder Cofounder Software Engineering Fractional CTO 42

Up and Running

MAY 23, 2016

The one-page pitch format is also more suitable for SaaS businesses that are constantly testing new ideas. Your pitch is going to cover your strategy (what you’re going to do), your tactics (how you’re going to do it), your business model (how you will make money), and your schedule (who is doing what and when).

Software Review 74

Software Review Software Delaware Forecast 74

The Equity Kicker

MAY 7, 2015

Steve Blank gave us this now famous definition of a startup: A startup is a temporary organization designed to search for a repeatable and scalable business model. We think the best next step is to find a point of emotional connection with customers. We have gone a step further. we re-join Blank).

Business Model 60

Business Model Search Due Diligence Early Stage 60

grasshopperherder.com

SEPTEMBER 24, 2011

Piercing the Corporate Veil – Sweat Equity Consulting. But much like becoming a co-founder, getting paid sweat equity is essentially becoming an investor in the company. If you did, why would you be consulting for sweat equity instead of investing as a VC or for yourself? You don’t have a defensible business model.

Sweat Equity 41

Sweat Equity Equity Cofounder Non-Compete 41

SoCal CTO

DECEMBER 1, 2010

Equity-Only CTO and Equity-Only Developers - SoCal CTO , November 1, 2010 I had a recent email dialog with the founder of a company looking for a CTO for their startup. few years ago I also started following Alexander Osterwalder in his blog about his Business Model Generation -mantra. But I don’t think so.

Technical Review 175

Technical Review Technology Product CTO Hire 175

SoCal CTO

SEPTEMBER 8, 2010

equity debate. Making Money From Social Games - ArcticStartup , August 23, 2010 Games Developer Conference Europe 2010 (GDCE) took place last week in Cologne, Germany. As most, if not all, of the games on social networks use the freemium business model (i.e. Have convertible notes really won? 10 cents per DAU.

Startup 191

Startup CTO Hire Cofounder Venture Capital 191

The Equity Kicker

MAY 12, 2015

In conversations with customers they discovered that was a bad idea, but also learned that farmers have a problem with weeding fields of carrots. Through more customer development they found that thinning lettuces is a bigger problem, and LettuceBot was born. a change of channel or customer segment).

Lean 60

Lean Startup Flash Customer Development 60

www.startuplessonslearned.com

MAY 4, 2012

Founders Dilemmas: Equity Splits. Noam is one of a rare breed of business academics: he studies entrepreneurship using a rigorous empirical approach. The following is an exclusive excerpt which sets up a common pitfall regarding equity splits. Lessons Learned. by Eric Ries. Tuesday, April 24, 2012. Uncertainties abound.

Equity 72

Equity Founder Technical Cofounder Cofounder 72

A Smart Bear: Startups and Marketing for Geeks

MARCH 11, 2014

They have many, many man-years of development and customer development in them. Edwin: Oh sorry, so the business model. Edwin: The business model is that the organizer has to pay. After that, I did it for a private equity firm then we became a part of a larger corporation. ” Jason: So?

Technical Cofounder 220

Technical Cofounder Cofounder Software Review Management 220

Steve Blank

MARCH 4, 2014

These groups are adapting or adopting the practices of startups and accelerators – disruption and innovation rather than direct competition, customer development versus more product features, agility and speed versus lowest cost. Every large company, whether it can articulate it or not, is executing a proven business model (s).

IRR 335

IRR Startup Business Model Agile 335

www.vccafe.com

MARCH 11, 2013

Steve Blank on Lean Customer Development. YCombinator Series AA Equity Financing Documents. model legal documents. Founder Equity Issues. Venture Hacks equity section. Legal, Equity, etc. s leading practice that is dedicated to providing full assistance with business planning. Codeacademy.

Software Review 53

Software Review Technical Review Israel Startup 53

grasshopperherder.com

FEBRUARY 19, 2011

If I can steal your idea by just hearing it, there is no defensible business model there. If you’re negotiating my equity percentage by nickels and dimes, I probably don’t want to work with you. If you offer me 1% of the equity, I’ll do 1% of the work. If you offer me 25% percent, I’ll do 25%.

Cofounder 47

Cofounder NDA Founder Sweat Equity 47

www.quora.com

JANUARY 16, 2011

" Saul Klein • Nov 16, 2010 I think the important part of the under-appreciation of the distribution part is the lack of formal structure in business activities and the lack of proper communication arising from it. are just emerging for business people (customer development, business model generation,).

Technical Review 51

Technical Review Startup CTO Hire Cofounder 51

maplebutter.com

JANUARY 8, 2013

I’m not afraid to pick up the phone, cold call someone, use LinkedIn to find someone who’s recently left a company that might be considered competitive and ask them for advise around the business model and marketplace. Will developers and designers provide services for a piece of the company? Initial developer: partner or hired?

Technical Review 44

Technical Review Startup Cofounder Software Review 44

steveblank.com

JULY 8, 2011

Reply steveblank , on September 16, 2009 at 7:00 pm said: Greg, The Google Group “Lean Startup Circle&# at [link] is a wonderful repository of Customer Development/Lean Startup success and failure. I hewar via thew grapevine that you’re thinking about a ‘Business Model Competition’ Interesting.

Software Review 110

Software Review Startup Silicon Valley Analytics 110

www.aaronkharris.com

SEPTEMBER 12, 2011

Skipping ahead a bit Suffice it to say that we spent much of the last few months on customer development, a topic which merits its own post, and at which I think we’ve done a decent job. We were well aware that it would be a mix of cash and equity, and that there was no golden number for either.

CTO Hire 40

CTO Hire New York City .Net Cofounder 40

techcrunch.com

OCTOBER 23, 2010

However, my two initial co-founders were not technical and couldn’t contribute significantly during the initial year plus of development. This resulted in a recapitilization of the equity away from 33% each (in my favor) and then the ultimate dismissal of one of the co-founders prior to the A-round. How to get there.

Technical Review 84

Technical Review Cofounder Technical Cofounder Software Review 84