David Teten

APRIL 1, 2021

As an agenda for each meeting, I suggest: – How can we most add value, in addition to helping with financing? Nick Kim , Crosscut’s Head of Platform, in his presentation at the 4th Annual VC Platform Summit, shared their Platform development methodology, which he viewed as an exercise in product development.

Private Equity 78

Private Equity Venture Capital Portfolio Equity 78

Steve Blank

MARCH 5, 2012

One of the confusing things to entrepreneurs, investors and educators is the relationship between customer development and business model design and business planning and execution. When does a new venture focus on customer development and business models ? I was in Washington D.C.

Search 327

Search Business Model Customer Development Agile 327

Steve Blank

JULY 1, 2014

a language corporate innovation groups can use to communicate to business units and finance. Teams can prove their competence and validate their ideas by showing investors evidence that there’s a repeatable and scalable business model. data that investors, accelerators and incubators can use to inform selection.

Sacramento 315

Sacramento Framework Customer Development Lean 315

Steve Blank

AUGUST 15, 2016

But to do it, you need to actually have a sustainable business model. Starting a business is too risky. Prior to founding Carely , Michael Eidsaune earned his MBA in finance and spent several years in investment management, eventually earning his level 1 CFA certification. Our revenue model was wrong.

Cofounder 147

Cofounder Entrepreneur Africa Sales Cycle 147

Steve Blank

DECEMBER 7, 2010

Business schools teach aspiring executives a variety of courses around the execution of known business models, (accounting, organizational behavior, managerial skills, marketing, operations, etc.). In contrast, startups search for a business model. (Or Their objective is to get users, orders, customers, etc.

Wiki 319

Wiki Lean Management Business Model 319

Steve Blank

AUGUST 15, 2016

But to do it, you need to actually have a sustainable business model. Starting a business is too risky. Prior to founding Carely , Michael Eidsaune earned his MBA in finance and spent several years in investment management, eventually earning his level 1 CFA certification. Our revenue model was wrong.

Cofounder 120

Cofounder Entrepreneur Africa Sales Cycle 120

ReadWriteStart

OCTOBER 13, 2011

I presented to thousands of entrepreneurs, talked to 17 startups, gave 12 lectures, had nine interviews, chatted with eight VC's, sat on four panels, talked policy with two government ministers, two members of parliament, one head of a public pension fund and was in one TV documentary.

Finland 158

Finland Venture Capital Government Russia 158

Steve Blank

MARCH 11, 2010

Our goal is to teach students the key concepts of the startup process and help them understand that a startup is a search for a profitable business model. Students formed 5-person teams, came up with a business idea then got out of the building to validate their business model. What is a business model?

Intellectual Property 267

Intellectual Property Business Model Customer Development Distribution 267

Steve Blank

SEPTEMBER 14, 2009

It may just be that the message of building companies that have predictable revenue and profit models hasn’t percolated through the VC business model. Unfortunately, regardless of a VC’s age, their business models are suffering and IPOs seem to be a thing of the past for at least a while longer. Warning sign?

Silicon Valley 237

Silicon Valley IPO Technical Review Venture Capital 237

Steve Blank

MAY 3, 2011

While this is the last lecture, the teams still have one more week to work on their companies, and then they have their final presentations – for 30% of their grade. Last week the teams tested their Revenue Models hypotheses: what are customers willing to pay for? (The The Nine Teams Present. Week 8 of the class.

South Dakota 234

South Dakota Business Model Lean United States 234

Steve Blank

JANUARY 4, 2010

Now with customers and early revenue, it was out raising its first round of venture money. Not only did their sales curve look like a textbook case of a VC-friendly hockey stick, but their Lessons Learned funding presentation was an eye-opener.). They grow their business via profits or traditional bank financing.

Hockey Stick 304

Hockey Stick Venture Capital Startup Cofounder 304

conversionxl.com

SEPTEMBER 10, 2013

It’s Not a Conversion Problem, It’s a Customer Development Problem. This is a customer development problem. So What is Customer Development? The core idea behind customer development is that the assumptions you make about a target market are only guesses. Website Analysis.

Customer Development 60

Customer Development Conversion Developer Customer 60

Startup Lessons Learned

APRIL 14, 2009

What matters is proving the viability of the company’s business model, what investors call “traction.&# But in the meantime, by iterating on their product with customers, they have a chance to get there on their own. Labels: agile , customer development 15comments: Scott Shapiro said. Fantastic post.

Customer 167

Customer San Francisco Lean Hockey Stick 167

Steve Blank

APRIL 5, 2010

By getting out of the building on a team project, the class helped students viscerally understand that a startup is a search for a profitable business model. Students formed teams, came up with a business idea then talked to customers, vendors and sales channel partners to validate their business model.

Silicon Valley 128

Silicon Valley Business Model Customer Development Engineer 128

Steve Blank

SEPTEMBER 14, 2017

The new innovation process had lots of paperwork – committees, application forms and presentations, and pitches. One of the quickest ways to sort innovation ideas is to use the McKinsey Three Horizons Model. Horizon 1 ideas provide continuous innovation to a company’s existing business model and core capabilities.

Incubator 320

Incubator Curation Engineer Government 320

Steve Blank

MAY 10, 2011

The Stanford Lean LaunchPad class was an experiment in a new model of teaching startup entrepreneurship. This last post – part nine – highlights the final team presentations. Class lectures were over last week, but most teams kept up the mad rush to talk to even more customers and further refine their products. Team Agora.

Lean 289

Lean Business Model Agile Customer Development 289

Startup Lessons Learned

JUNE 21, 2010

Many startups don’t innovate at all in the product dimension, but use other kinds of innovation: repurposing an existing technology for a new use, devising a new business model that unlocks value that was previously hidden, or even simply bringing a product or service to a new location or set of customers previously underserved.

San Francisco 168

San Francisco Startup Lean Continuous Deployment 168

rob.by

MARCH 8, 2012

It means they have to deal with finances and customers and investors and other things that aren’t what they love to do, which is building software. Your technical partner must be someone who shares your vision and enthusiasm for your idea, BUT he/she does not necessarily need to be a developer. Finance (1).

Technical Cofounder 42

Technical Cofounder Cofounder Software Engineering Fractional CTO 42

SoCal CTO

DECEMBER 1, 2010

The Ultimate Combination of Startup Business Development Methods - ArcticStartup , November 16, 2010 I've been a huge fan of Steven Blank's Customer Development methodology for a long time. few years ago I also started following Alexander Osterwalder in his blog about his Business Model Generation -mantra.

Technical Review 175

Technical Review Technology Product CTO Hire 175

The Next Web

JANUARY 27, 2013

I guess, in a sense, I felt a lot like Neo, when presented the choice between a blue and red pill by Morpheus. Especially because I could have used this time on marketing, sales and customer development, and actually helped our business move forward. Scared of throwing away my two precious uni degrees.

Netherlands 159

Netherlands Technical Review Software Review Cofounder 159

SoCal CTO

SEPTEMBER 8, 2010

Making Money From Social Games - ArcticStartup , August 23, 2010 Games Developer Conference Europe 2010 (GDCE) took place last week in Cologne, Germany. Social gaming was naturally one of the key topics, covered in many presentations. As most, if not all, of the games on social networks use the freemium business model (i.e.

Startup 191

Startup CTO Hire Cofounder Venture Capital 191

Startup Lessons Learned

MAY 7, 2009

Initially, IMVU sought to quickly build a product that would prove out the soundness of their ideas and test the validity of their business model. The Entrepreneur’s Guide to Customer Development ► June (3) What is a startup? No departments The Five Whys for Startups (for Harvard Business R.

San Francisco 131

San Francisco Continuous Deployment Software Review Lean 131

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

Steve Blank

MARCH 26, 2019

The team presentations are at the end of this post. It’s hard to imagine, but only a decade ago, the capstone entrepreneurship class in most universities was how to write – or pitch- a business plan. After painful trial and error, we had discovered that the teaching team could listen to 8 teams present before our brains melted down.).

Lean 257

Lean Business Model Balance Sheet Video 257

maplebutter.com

JANUARY 8, 2013

If you believe in it – then finance whatever you can yourself. 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. I would love to present our BP.

Technical Review 44

Technical Review Startup Cofounder Software Review 44

SoCal CTO

JANUARY 5, 2011

Some really great stuff in 2010 that aims to help startups around product, technology, business models, etc.

Silicon Valley 378

Silicon Valley Startup Term Sheet Venture Capital 378

Up and Running

JULY 14, 2015

He will literally have the local small business lawyers come in, not just do a little presentation leave but also meet with those folks in the incubator which is great. Peter: You need to be the top of game in terms of the technology that you’re presenting. Our business model was Pinterest. Jonathan: Okay.

Incubator 60

Incubator Email Startup Oregon 60

Startup Lessons Learned

JANUARY 28, 2009

Compounding is not a process that most people find intuitive, and thats as true in engineering as it is in finance, so it requires a lot of encouragement in the early days to stay the course. The pressure to release should always be present, but never so strong that technical debt increases over time.

San Francisco 79

San Francisco Lean Continuous Deployment DC 79

steveblank.com

JULY 8, 2011

AgileZen – project management visually see and interact with your work Kanbanery – Simple online team or personal kanban board LeanKit Kanban – Great for visualizing work of product development Kanban Pad – “Nice and lean” and free online Kanban tool Banana Scrum – A tool simple as Scrum itself.

Software Review 110

Software Review Startup Silicon Valley Analytics 110

www.quora.com

JANUARY 16, 2011

In modern business Steve Jobs is probably the only person who even comes close, which arguably took him 25+ years. Saul Klein • Nov 16, 2010 > Laksham - sure thing, see: "The ideal startup has two of the three founders, but all three skills are present between them." Lakshman Prasad • Nov 16, 2010.

Technical Review 51

Technical Review Startup CTO Hire Cofounder 51

www.vccafe.com

MARCH 11, 2013

Steve Blank on Lean Customer Development. Videos/presentations. Customer service. Presentation tools. simple way to make timelines for presentations. easy business finance software. YCombinator Series AA Equity Financing Documents. model legal documents. Codeacademy. Steve Blank.

Software Review 53

Software Review Technical Review Startup 53