Steve Blank

APRIL 23, 2018

A version of this article appeared in the Harvard Business Review. The entrepreneur who founded and grew the largest startup in the world to $10 billion in revenue and got fired is someone you have probably never heard of. Durant took his money from his carriage company and bought a struggling automobile startup called Buick.

Michigan 301

Michigan Cofounder Stock Forecast 301

Steve Blank

JUNE 25, 2009

Twenty eight years ago I was the bright, young, eager product marketing manager called out to the field to support sales by explaining the technical details of Convergent Technologies products to potential customers. Convergent Technologies was one of those OEM suppliers. Their engineers hated us.

Technology 146

Technology Silicon Valley Fractional VPE Part-Time VPE 146

Version One Ventures

JULY 18, 2024

With that said, today we’re sharing some considerations we take into account when evaluating a robotics startup. 1) Vertical integration We used to say that we’d invest in companies that touch hardware as long as the main value driver was in the software or the data collected. 4) What’s the business model?

Vertical 77

Vertical Business Model IP Portfolio 77

Hunter Walker

OCTOBER 31, 2020

So I’ve found that when you’re not already ‘in the door’ at a firm (ie went to school with the senior GP’s kids, worked at a startup they backed) that there are four different types of “qualifications” they are seeking. Qualification #3: You understand a specific complex technology that is a current or emerging investment theme for the firm.

North Carolina 91

North Carolina Hiring Angel Investor Technical Review 91

The Next Web

SEPTEMBER 22, 2013

But have you ever had the opportunity to pick the brains of founders who created amazingly successful startups and companies like Envato , Backblaze , Simple , or Treehouse ? If you pick one vertical and do it well, other folks will find you. Building a product like Wunderlist requires a large upfront investment into technology.

Cofounder 164

Cofounder Founder Startup Bootstrapping 164

David Teten

APRIL 1, 2021

This typically includes: Relationships with relevant service providers in your vertical, often with pre-negotiated discounts: coaches, lawyers, accountants, common software vendors, consultants. A well-organized library of best practices for founders in your vertical, which you can share as appropriate. AskAnything.VC

Private Equity 78

Private Equity Venture Capital Portfolio Equity 78

VC Cafe

MAY 21, 2024

Although GenAI is a revolutionary technology, incumbents in the infrastructure domain are aggressively investing. Their scale and resources enable them to innovate rapidly, making it challenging for startups to compete directly in this space. Additionally, startups in this space face significant platform risk.

Generative AI 97

Generative AI ChatGPT Vertical B2B 97

Steve Blank

OCTOBER 31, 2014

Scalable startups are on a trajectory for a billion dollar market cap. Not all start ups want to go in that direction – some will opt instead to become a small business. There’s nothing wrong with a business that supports you and perhaps an extended family. What’s the playbook for your region or country to make it so?

Global 335

Global Australia Silicon Valley China 335

Steve Blank

DECEMBER 7, 2009

Posted on December 7, 2009 by steveblank In my 21 years of startups, I had my ideas “stolen” twice. Our business model changed as we realized that to become a large company, we needed to automate more than just a few marketers. See part one for the first time it happened. This time it was serious.

Silicon Valley 261

Silicon Valley Non-disclosure Agreement NDA Startup 261

Austin Startup

MARCH 3, 2020

See the pitch at SXSW in the category of Enterprise & Smart Data Technology , 12:30 pm to 1:30 pm Saturday, March 14, before a live audience and a panel of expert judges. LexSet’s primary office is in the Brooklyn Navy Yard at the NewLab , an amazing startup ecosystem that provides lots of opportunities for pilots and collaborations.

Technical Review 63

Technical Review Los Angeles Cofounder Silicon Valley 63

Austin Startup

FEBRUARY 20, 2020

See Votum pitch in the category of Blockchain Technology (12:30 pm to 1:30 pm Sunday, March 15), before a live audience and a panel of expert judges. I think it’s still early days for both AI and blockchain, so there’s still a bit of hype for both, but the technologies are starting to find their way.

Technical Review 62

Technical Review Cleveland Software Review Iowa 62

View from Seed

MARCH 15, 2018

Our philosophy is about backing technology-enabled startups that have the potential to touch millions of end-users, become ingrained in users’ daily lives, or some combination of the two. Many VCs are technology-first driven in their approach, asking the question: “With this new emerging technology, what are the applications?”

Technology 120

Technology Artificial Inteligence Marketing Portfolio 120

Austin Startup

FEBRUARY 23, 2020

Drawing on more than 20 years of experience in technology and communications at companies including Microsoft, Starbucks, and technology start-ups you’ve never heard of, she has a proven track record of building successful companies with strong core values that are dedicated to its people and customers. Pretty much in that order.

Technical Review 62

Technical Review Seattle Elevator Pitch Equity 62

The Startup Magazine

JUNE 1, 2023

By Daniel Sokolovksy, Co-Founder and CEO, WARP and Troy Lester, Co-Founder and CRO, WARP The dissolution of Silicon Valley Bank (SVB) was more than just a bank collapse, it was a reality check for both startups and the VCs that fund them. So what does an early-stage company do to avoid the doom and gloom plaguing the world of startups?

Early Stage 108

Early Stage Los Angeles Silicon Valley Cofounder 108

Austin Startup

FEBRUARY 15, 2020

To integrate a biometric system into HMD platforms, they have developed the most VR compatible brain-sensing technology, Looxid Link. If you are an entrepreneur, check out the SXSW 2020 Startups Track , which runs March 13–17. Its AI system is designed to decode the users’ cognitive and emotional states using their biosignals.

South Korea 89

South Korea Technical Review Open Source Vertical 89

Austin Startup

MARCH 1, 2020

See the Milis Bio pitch in the category of Health, Wearables & Wellbeing Technology , 5 to 6 pm Sunday, March 15, before a live audience and a panel of expert judges. I would love to work with a startup accelerator, if not on my own startup. What has the startup experience taught you about life?

Ireland 62

Ireland Morocco North America Philippines 62

Austin Startup

FEBRUARY 20, 2020

Neelam Dwivedi of NeelAgil Technologies Private Ltd aims to help millions of people treat their diabetes The Forrest Four-Cast: February 19, 2020 The next time you’re out in a crowd, look around. NeelAgil Technologies Private Limited , one of 50 finalists for SXSW Pitch 2020 , is determined to change that. million Americans.

Technology 65

Technology Cofounder United States India 65

Version One Ventures

JULY 21, 2020

Technology changes. The startup market evolves, and so do we as VCs. No matter the vertical, geography, business model, macro or micro trends, entrepreneurs form the nucleus of a generational company. Over the past few months, we’ve reflected on our journey over the past decade, who we are and what we invest in.

Founder 213

Founder Vertical Differentiation Portfolio 213

Steve Blank

AUGUST 31, 2009

After 20 years of working in startups, I decided to take a step back and look at the product development model I had been following and see why it usually failed to provide useful guidance in activities outside the building – sales, marketing and business development.

Customer Development 246

Customer Development Developer Customer Silicon Valley 246

Steve Blank

JUNE 11, 2009

Posted on June 11, 2009 by steveblank When my students ask me about whether they should be a founder or cofounder of a startup I ask them to take a walk around the block and ask themselves: Are you comfortable with: Chaos – startups are disorganized Uncertainty – startups never go per plan Are you: Resilient – at times you will fail – badly.

Cofounder 230

Cofounder Founder Silicon Valley Technical Cofounder 230

Mucker Lab

OCTOBER 12, 2016

Just six months ago, VCs were publishing white papers extolling the virtue of non-bank lending startups, but now no one will touch them with a 10-foot pole. First, realize that the venture business has cycles of 7–10 years simply based on the fact that almost all venture funds have a legal lifetime of the same duration.

Harvest 60

Harvest Vertical IPO Early Stage 60

Hearpreneur

DECEMBER 8, 2019

With over a decade + experience in three previous entrepreneurial journeys, I learned the hard way that focus and dedication to build expertise in a specific niche is important and is one of the keys to successful agency business. Thanks to CJ Xia, Boster Biological Technology ! #14- Thanks to Mac Fadra, MAXiM Hair Restoration ! #12-

Entrepreneur 127

Entrepreneur Technical Review Vertical Las Vegas 127

Steve Blank

SEPTEMBER 14, 2009

Posted on September 14, 2009 by steveblank Over the last 30 years Wall Street’s appetite for technology stocks have changed radically – swinging between unbridled enthusiasm to believing they’re all toxic. Each VC firm/partner has a different spin on what to weigh more.) 3) invest in and take equity stakes in exchange for capital.

Silicon Valley 237

Silicon Valley IPO Technical Review Venture Capital 237

Steve Blank

SEPTEMBER 24, 2009

The Founder’s New Insight Smart founders are never satisfied with simply executing their current business model, they are constantly observing, orienting and deciding whether their current business model can be made better.

Customer 218

Customer Silicon Valley RSS California 218

Steve Blank

JUNE 8, 2009

In the last three posts, we drew the relationship of market risk and invention risk with vertical markets and pointed out verticals where customer development would be useful. would look in each of the verticals. Is marketing different if you’re in the cleantech business versus medical devices?

Vertical 126

Vertical Silicon Valley RSS Marketing 126

YoungUpstarts

AUGUST 14, 2019

Drones, augmented reality, wearable tech, modular construction, cloud and mobile technology: the construction site of tomorrow is certainly going to look different. Startups armed with powerful tech are changing what is possible in and around the modern construction site. by Ramzi Jreidini , CEO of Handiss. What we’re working with.

Global 189

Global Vertical Agile Engineer 189

View from Seed

JANUARY 11, 2018

We dove deep into how this investment thesis extends to major verticals of consumer spending like entertainment , clothing , and home. Through all of those posts, we’ve received one common question from founders: Are all Everyday Economy startups consumer-facing? The answer is no. Let me explain. 1) Enabling Layers.

B2B 120

B2B B2C Vertical Portfolio 120

VC Cafe

FEBRUARY 7, 2011

Today’s e-consumers are reaping the benefits of eCommerce’s cornerstone: Superior technological innovation. Today, eCommerce companies can scale up faster than almost any other consumer business model. Practically impossible for a startup. It would be competing against Coca Cola and Pepsi.

eCommerce 94

eCommerce Open Source SEM Technical Review 94

Steve Blank

JANUARY 6, 2011

So Happy New Year to my 100,000-plus monthly readers throughout the world, and to many more who read my posts via some of the most important media in the startup/tech/entrepreneurship world, in more languages and places than I can keep track of. Now I’ve had days with 20 viewers per minute. Now Hear This.

Silicon Valley 218

Silicon Valley California Vertical Customer Development 218

YoungUpstarts

OCTOBER 19, 2017

The lean start-up movement has been based on a single insight – which the purpose of a start-up is to discover a business model that works. A technology start-up is very different. The objective of a start-up is to discover a business model that works. A technology start-up has very different needs.

Product Development 153

Product Development Lean Developer Product 153

Austin Startup

MARCH 3, 2020

The San Diego-based startup has developed vertically integrated system that produces a plant-based protein ingredient that can replace egg whites, whey and casein in food and beverage applications. See the pitch in Innovative World Technology , 5 pm to 6 pm Saturday, March 14, before a live audience and a panel of expert judges.

San Diego 62

San Diego Memphis AJAX Netherlands 62

Austin Startup

FEBRUARY 17, 2020

The Forrest Four-Cast: February 17, 2020 Skilllab has a clear mission: to develop technology-based solutions to empower employment services to better integrate refugees into local labor markets. What has the startup experience taught you about life? Based in Amsterdam, Skilllab is co-founded by Azza El Hayek and Ulrich Scharf.

Cofounder 78

Cofounder Vertical Austin Conversion 78

Austin Startup

FEBRUARY 16, 2020

One of 50 finalists for SXSW Pitch 2020 , FilmChain is the first collection service to use the blockchain technology to provide payment automation, lower the costs of film revenue collection and distribution, and significantly speed up the money flow end-to-end. What has the startup experience taught you about life?

Cofounder 88

Cofounder Vertical Austin Revenue 88

Austin Startup

FEBRUARY 20, 2020

Richard Ma , CEO and Co-Founder at Quantstamp , says, “We focus on helping our customers stay safe and succeed because our philosophy is that technology is only a tool to solve people’s problems.” With any new technology, adoption can be slow. What has the startup experience taught you about life?

San Francisco 97

San Francisco Cofounder Colorado Security 97

Austin Startup

FEBRUARY 27, 2020

Flugauto is the work of a multi-disciplinary team of passionate entrepreneurs and aviation experts, which has come together to develop and commercialize technology to revolutionize the transportation of cargo. Complete two customer trials to prove technology platform and sign one to three commercial paid contracts. Blockchain.

San Francisco 65

San Francisco Cofounder Georgia B2B 65

Austin Startup

FEBRUARY 27, 2020

Last summer, Etihad Airways, the United Arab Emirates’ national carrier, joined the many airlines and hotels that have partnered with Switzerland-based Winding Tree to bypass intermediaries using distributed ledger technology. One of the technologies I’m most excited about is Kleros. What is your top goal for Winding Tree for 2020?

United Arab Emirates 63

United Arab Emirates Switzerland Cofounder France 63

Austin Startup

FEBRUARY 1, 2020

One of 50 finalists for SXSW Pitch 2020 , Cove.tool is a game-changing, machine learning technology that helps users discover smarter ways to make their buildings energy efficient while saving on construction costs. What has the startup experience taught you about life? Based in Atlanta (which has been named the best city in the U.S.

Atlanta 64

Atlanta South America San Francisco Artificial Inteligence 64