Steve Blank

MAY 9, 2017

I’ve seen the Valley grow from Sunnyvale to Santa Clara to today where it stretches from San Jose to South of Market in San Francisco. I’ve watched the Valley go from Microwave Valley – to Defense Valley – to Silicon Valley to Internet Valley. So how did this happen? Where is it going?

Restful 249

Restful Silicon Valley San Jose Puerto Rico 249

View from Seed

APRIL 14, 2020

Business Models and Sectors. The public markets have clearly rewarded traditional, software based businesses over different business models, and that effect was starting to work its way through the earlier stage ecosystem. In a FOLD world, this is going to continue.

Early Stage 374

Early Stage Software Review Technical Review Due Diligence 374

Steve Blank

APRIL 14, 2013

business models. But for the last decade “innovation” in Chinese software meant something different than it did in Silicon Valley. Entrepreneurs in Beijing were knowledgeable about Silicon Valley, entrepreneurship and the state of software and tools available for two reasons. Perhaps it’s the weather.

China 328

China Silicon Valley Non-Compete Intellectual Property 328

SoCal CTO

JANUARY 5, 2011

Some really great stuff in 2010 that aims to help startups around product, technology, business models, etc. 500 Hats , February 1, 2010 When to Use Facebook Connect – Twitter Oauth – Google Friend Connect for Authentication? . - Berkonomics , November 29, 2010 Rice Alliance IT/Web 2.0

Silicon Valley 378

Silicon Valley Startup Term Sheet Venture Capital 378

Steve Blank

MARCH 12, 2014

The startups and the teaching team crafted a challenge for the kids to tackle using the Customer Development methodology, Lean Launchpad tools and the business model canvas. Trying to fit an Entrepreneurial Studies course into a college prep high school outside of Silicon Valley is an interesting challenge.

Lean 335

Lean Customer Development Startup Silicon Valley 335

YoungUpstarts

AUGUST 30, 2011

Blackbox , founded by entrepreneurs Bjoern Lasse Herrmann and Max Marmer, in June released its first Startup Genome Report — a 67-page in depth analysis on what makes Silicon Valley startups successful based on profiling over 650 startups. If you’re a startup, you’re probably going to find this tool invaluable.

Silicon Valley 189

Silicon Valley Software Review Startup Cofounder 189

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. Order Here.

Silicon Valley 237

Silicon Valley IPO Technical Review Venture Capital 237

Steve Blank

DECEMBER 13, 2010

The idea of this course started on a trip to Stanford University during March 2010, where we realized that many of the great innovations in Silicon Valley are born from Computer Science students, so we said “We should give our computer science students an opportunity to develop a company”.

Chile 241

Chile Silicon Valley Lean Agile 241

Startup Professionals Musings

JUNE 26, 2020

As an advisor to new hardware entrepreneurs, I often hear the myth that a business plan is no longer required to find an investor, if your idea is good enough. You may have heard that venture capitalists in Silicon Valley no longer read business plans. Provide specifics on the customer business model.

Business Plan 423

Business Plan Product Intellectual Property Elevator Pitch 423

Steve Blank

MARCH 2, 2011

He’s as good as any startup CEO in Silicon Valley. Working with him, I’ve been impressed to watch his small team embrace Customer Development (and Business Model Generation ) and search the world for the right product/market fit. And they’ve being doing this while driving product cost down and performance up.

Silicon Valley 239

Silicon Valley Agile Customer Development Early Stage 239

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. Order Here.

Cofounder 230

Cofounder Founder Silicon Valley Technical Cofounder 230

Steve Blank

APRIL 14, 2013

business models. But for the last decade “innovation” in Chinese software meant something different than it did in Silicon Valley. Entrepreneurs in Beijing were knowledgeable about Silicon Valley, entrepreneurship and the state of software and tools available for two reasons. Perhaps it’s the weather.

China 220

China Silicon Valley Non-Compete Intellectual Property 220

Steve Blank

NOVEMBER 30, 2009

You know you have achieved product/market fit when you start getting orders (or users, eyeballs or whatever your criteria for success was in your business model.) Steve Blanks 30 years of Silicon Valley startup advice. Is our solution compelling enough that they want to buy it or use it today? Order Here. Now In Print!

Customer Development 287

Customer Development Developer Customer Silicon Valley 287

Steve Blank

NOVEMBER 13, 2012

We kept talking, with Steve asking “How long are you staying in Silicon Valley?” When I told him, “two more days,” he asked, “Are you interested in meeting with venture firms in the Valley?” Some have actually established new startups with tested business model hypotheses under their belt.

Japan 305

Japan Customer Development Developer Customer 305

Up and Running

DECEMBER 6, 2012

Lean Planning is a set of tools for discovering a business model that works, building an action plan to test your assumptions, creating financial models and a plan for a viable business, and tracking your performance so you can adjust your plan on the fly, quickly and easily. Do startups have a manual?

Lean 147

Lean Silicon Valley Forecast Technical Review 147

Steve Blank

DECEMBER 17, 2015

Evangelos and I are working on what we hope will become a book about the new model for corporate entrepreneurship. Read part one on the Evolution of Corporate R&D , part two on Innovation Outposts in Silicon Valley , and part three The 6 Decisions to Make Before Setting up an Innovation Outpost. Silicon Valley, Boston).

Silicon Valley 120

Silicon Valley Incubator Acquisition Business Model 120

Steve Blank

MARCH 29, 2010

The key things I want students to take from the class are: Understand that a startup is a temporary organization designed to search for a profitable business model. Learn how to put together a business model , not a business plan. Class Logistics. As described in the previous post , this is a hands-on class.

Business Model 236

Business Model Silicon Valley California Engineer 236

Steve Blank

JUNE 25, 2009

If you’ve tried to slog your way through my book on Customer Development you know that I’m insistent that the founders need to be the ones getting outside the building (physically or virtually) to validate all the initial hypotheses of the business model and product. Find out Memorex’s position in Silicon Valley.

Technology 145

Technology Silicon Valley Fractional VPE Part-Time VPE 145

Startup Professionals Musings

JUNE 26, 2013

Examples of some leaders in this space include Mike Maples in Silicon Valley and David S. Business Week ran a more thorough analysis of this movement a while back, which I have updated below. I see now emerging a new wave of investors, popularly known as “super-Angels,” micro-VCs, or “super-seed” investors.

Angel Investor 231

Angel Investor Entrepreneur Early Stage Silicon Valley 231

Steve Blank

OCTOBER 24, 2017

To turn your company’s stock into cash, you engaged a top-notch investment bank (Morgan Stanley, Goldman Sachs) and/or their Silicon Valley compatriots (Hambrecht & Quist, Montgomery Securities, Robertson Stephens). — all great things when you are executing and scaling a known business model. Board Control.

Founder 281

Founder Technical Review CTO Hire IPO 281

Startup Lessons Learned

JANUARY 10, 2011

This week, the startup tribe from Harvard Business School is making their annual trek to Silicon Valley. It’s a common refrain around Silicon Valley to disparage the role of MBA’s in entrepreneurship. That’s why I am so excited about a new course that is debuting this year at Harvard Business School.

Silicon Valley 167

Silicon Valley San Francisco Lean Investment Bankers 167

Steve Blank

MAY 7, 2009

At a university business plan competition, for the first time they can swim in the sea of expertise that we/I take for granted in the middle of Silicon Valley. I love business plan competitions (and with my valley-centric bias, I think Berkeley and Stanford have two of the best.) I now think that was a mistake.

Business Plan 160

Business Plan Silicon Valley RSS Venture Capital 160

Steve Blank

JUNE 8, 2021

The trick is we use the same Lean LaunchPad / I-Corps curriculum — and the same class structure – experiential, hands-on– driven this time by a mission -model not a business model. Steve Weinstein , 30-year veteran of Silicon Valley technology companies and Hollywood media companies. He runs H4X Labs.

Lean 417

Lean Security Asia SBIR 417

Steve Blank

OCTOBER 31, 2016

ambassador to the United Nations and a Stanford professor of political science; Zvika Krieger , the State Department’s representative to Silicon Valley and senior advisor for technology and innovation; retired U.S. Guiding, drilling and grilling these teams are Jeremy Weinstein , former deputy to the U.S.

Lean 282

Lean Saudi Arabia Austria Silicon Valley 282

Both Sides of the Table

APRIL 19, 2011

He tells the story of how he was out of cash, stressed out, nobody in LA or Silicon Valley would give him money, he had finally found an investor in Minneapolis but his venture bank was going to shut him down for breaking a “covenant&# in their agreement by not having enough cash in the bank.

Acquisition 304

Acquisition Warrant Customer Term Sheet 304

Steve Blank

JULY 13, 2009

Our “Hollywood meets Silicon Valley” story played great in Silicon Valley, they ate it up in Hollywood, and the business press tripped over themselves to talk to us. Hype before shipping any product is an obvious flaw, but what about hyping products that have shipped but have zero business model?

Silicon Valley 122

Silicon Valley Product RSS California 122

Mucker Lab

AUGUST 27, 2014

As an entrepreneur himself, founding and operating printed circuit board factories in Taiwan, my father was debating between two places to immigrate to and build his next new venture: Los Angeles (“The Valley” aka San Fernando Valley) and Santa Clara (“Silicon Valley”).

Los Angeles 138

Los Angeles Southern California Silicon Valley Technical Review 138

Steve Blank

MAY 26, 2009

You kids have to learn to do it the old fashioned way they did it before they new economy and Silicon Valley. “vertical&# works perfectly fine in quickly telling you about a general direction of a company’s business model. Steve Blanks 30 years of Silicon Valley startup advice. Yeah, I said.

Vertical 159

Vertical Silicon Valley Intellectual Property RSS 159

SoCal CTO

NOVEMBER 10, 2009

My first job out of school was at one of the early bioinformatics companies in Silicon Valley, working as the head of technical services. It was also beneficial because I got some good experience with both B2B and B2C business models. Graduated with a BS/MS in bio from Stanford.) It sounds interesting.

Management 150

Management Product Entrepreneur Silicon Valley 150

YoungUpstarts

MARCH 4, 2020

Though the trend in the startup world seems to be relocating to Silicon Valley (a choice that some angel investors and ven­ture capitalists now call mandatory) and knocking on the doors of venture capital, this path doesn’t make sense for all businesses, and it’s not acces­sible to many entrepreneurs because of their life circumstances.

Entrepreneur 205

Entrepreneur Venture Capital Silicon Valley Bandwidth 205

ReadWriteStart

MAY 5, 2011

In addition, I asked him to do a competitive analysis on the pricing models of the various mobile app platforms and come back to me with both sets of market data, namely, customer research and competitive analysis. We can derive GeoInvenio's business model and pricing model based on that.

Costa Rica 115

Costa Rica Incubator Silicon Valley India 115

Gust

NOVEMBER 8, 2012

As a business lawyer working with startups in technology and digital media every day, I’m fortunate to have a front-row seat as entrepreneurs create value out of thin air. What can we do on the public policy front to turn the United States into one giant Silicon Valley?

Silicon Valley 187

Silicon Valley San Francisco Intellectual Property Accredited Investor 187

YoungUpstarts

DECEMBER 27, 2011

Asia – especially in countries such as India, China, Vietnam – is fast becoming the place where many entrepreneurs, whether locally born or lured back from Silicon Valley, are setting up shop. The second part covers the various sectors that have seen the biggest growth in Asia.

Asia 167

Asia Technical Review Vietnam Singapore 167

Lightspeed Venture Partners

JULY 23, 2011

The entrepreneurs are leveraging the outsourced infrastructure along with Internet based low cost distribution to test and refine business models. The so called “Super Angels” who are a new class of risk capital providers have emerged to support such early stage Internet business model experimentation.

Silicon Valley 114

Silicon Valley Venture Capital Early Stage Technical Review 114

crowdSPRING Blog

NOVEMBER 30, 2012

Start With a Business Model, Not a Business Plan | WSJ – [link]. The danger of waiting to long to find a business model? In Silicon Valley, Technology Talent Gap Threatens G.O.P. Special Report: Silicon Valley’s dirty secret – age bias | Reuters – [link].

Social Media 100

Social Media Small Business Central African Republic Design 100

ReadWriteStart

MAY 19, 2011

During today's roundtable, we opened the session with a discussion of the existential crisis in media and how talented bloggers and journalists are facing a tough time sustaining themselves due to lack of business models. From 2008 to 2010, Mitra was a columnist for Forbes.

India 115

India Silicon Valley Entrepreneur Affiliate 115

ReadWriteStart

NOVEMBER 19, 2010

We're trying to bring the lessons we have learned in Silicon Valley to a million entrepreneurs. First up today was Yogesh Sharma presenting Rangrut.com , a business that connects employers with learning institutions and on-campus students to fill job openings. However, 1M/1M is a development economics project.

Silicon Valley 114

Silicon Valley Startup Technical Review Early Stage 114