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Why the Future of Tesla May Depend on Knowing What Happened to Billy Durant

Steve Blank

That year, as management tried to coordinate all the operating details across all the divisions, the company almost went bankrupt when poor planning led to excess inventory, with unsold cars piling up at dealers and the company running out of cash. If you’re following Tesla, you might be interested to know that Sloan wasn’t the founder of GM.

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10,000 Startups – Startup Weekend Next

Steve Blank

The class teaches founders how to dramatically reduce their failure rate through the combination of business model design, customer development and agile development using the Startup Owners Manual. It doesn’t take equity and just has a small fee that varies by city ($140 to $299), to cover event operations and expenses.

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What is a Social Enterprise?

Up and Running

The Social Enterprise Alliance offers this definition: “In its early days, the social enterprise movement was identified mainly with nonprofits that used business models and earned income strategies to pursue their mission. In terms of legal structure, social enterprises have many options. B corp, or Benefit Corporation. .

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A Venture Capital History Perspective From Jack Tankersley

Feld Thoughts

Jack Tankersley, a long time mentor of mine, co-founder of Centennial Funds, and co-founder of Meritage Funds, wrote me a very long response. Michigan Cottage Cheese: Yoplait Yogurt. He was a former Wall Street analyst with no operating or investment experience, who became a VC by teaming up with operator LJ Sevin.

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SXSW Pitch Finalist: Intvo

Austin Startup

Assam Alzookery , Intvo founder and CEO, explains, “Our product solves the lack of communication between drivers and pedestrians. Alzookery is a University of Michigan graduate, but found inspiration in watching pedestrians and traffic interact in New York City. All SXSW Pitch events take place at the Hilton Austin Downtown.

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Reinventing the Board Meeting – Part 2 of 2 – Virtual Valley Ventures

Steve Blank

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. Startups now understand what they should be doing in their early formative days is search for a business model. Founders operate in a chaotic regime.

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Entrepreneurs are Everywhere Show No. 23: Nina Tandon and Brandon McNaughton

Steve Blank

The show follows the journeys of founders who share what it takes to build a startup – from restaurants to rocket scientists, to online gifts to online groceries and more. Joining me in SiriusXM’s studio in New York were: Nina Tandon , CEO and co-founder of EpiBone , the world’s first company growing bones for skeletal reconstruction.

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