Startup Professionals Musings

SEPTEMBER 10, 2014

Struggling entrepreneurs are often so happy to get a funding offer that they neglect the recommended reverse due diligence on the investors. Investor due diligence on a startup is not a mysterious black art, but is nothing more than a final integrity check on all aspects of your business model, team, product, customers, and plan.

Technical Review 257

Technical Review Due Diligence Term Sheet Offshore 257

View from Seed

APRIL 6, 2021

You are a native of NYC tech with a strong network. You have 4-6 years of professional experience as a technology operator, founder, or investor in New York. You have unbounded curiosity for emerging trends, a love for experimentation, and you’re always eager to dive into new products and technologies before others do.

Technical Review 317

Technical Review Software Review Seed Stage Cofounder 317

Steve Blank

JANUARY 17, 2023

This post previously appeared in the Harvard Business Review. Venture Studios are an “idea factory” with their own employees searching for product/market fit and a repeatable and scalable business model. But these look for founders who have a technical or business model insight and a team.

Technical Cofounder 368

Technical Cofounder Intellectual Property Technical Review Incubator 368

The Startup Magazine

JANUARY 21, 2025

The Shift to Sustainable Transport Transportation is changing quickly due to growing concerns about the environment. Entrepreneurs entering this field should consider adopting environmentally friendly technologies to stay competitive. The initial purchase price of electric and hybrid cars tends to be higher.

Technical Review 144

Technical Review Government Operations Demand 144

VC Cafe

MARCH 16, 2025

Mention that you do “Consumer tech” as a startup founder and you’d be limiting your funding options to one third of the venture capital funds (in Israel that figure is probably closer to 10%). Until now, consumer tech was perceived as a risky binary investment.

Technical Review 78

Technical Review B2C Generative AI IPO 78

View from Seed

JULY 6, 2020

You are a native of NYC tech with a strong network. You have 4-6 years of professional experience as a technology operator, founder, or investor in New York. You have unbounded curiosity for emerging trends, a love for experimentation, and you’re always eager to dive into new products and technologies before others do.

Technical Review 257

Technical Review Software Review Hiring Seed Stage 257

Both Sides of the Table

JUNE 4, 2013

I recommend you read Fred Wilson’s recent blog post about the need for a well articulated business strategy before pushing a particular business model. He then brought her to board meetings so nobody could accuse him of not having a business model. Business Model. Like DeviantArt.

Technical Review 401

Technical Review Startup Business Model Non-Compete 401

The Startup Magazine

SEPTEMBER 15, 2020

It is not always a financial transaction; sometimes it comes in the form of managerial or technical expertise. It is possible to attract a venture capital partner with an idea for a business, but most deals are closed after the business has a founding team , a minimum viable product or MVP, and customers. Management team.

Venture Capital 179

Venture Capital Technical Review Software Review Security 179

Hearpreneur

NOVEMBER 2, 2022

Technology disruption is happening at a rapid pace all around us. Its role in business will keep changing more and more with the advancement. It will have an impact on every business type. We asked our entrepreneurs what changes do they expect due to technology shortly, and this is what they have to say. #1-

Technical Review 126

Technical Review Software Review Artificial Inteligence Technology 126

Startup Professionals Musings

SEPTEMBER 25, 2021

But I have also learned from experience that there is often quite a distance between a great invention and a great business. A business is about making money, while inventions are more about spending money. Of course it helps to have innovative technologies before you start building a business.

Technical Review 391

Technical Review Intellectual Property Early Stage Global 391

Steve Blank

JANUARY 22, 2014

Dino Vendetti a VC at Bay Partners, moved up to Bend, Oregon on a mission to engineer Bend into a regional technology cluster. Today with every city, state and country trying to build out a technology cluster, following Dino’s progress can provide others with a roadmap of what’s worked and what has not. Tech investing is risky.

Early Stage 295

Early Stage Silicon Valley Oregon Technical Review 295

Steve Blank

OCTOBER 24, 2017

A version of this article is in the Harvard Business Review. Technology cycles have become a treadmill, and for startups to survive they need to be on a continuous innovation cycle. 20th Century Tech Liquidity = Initial Public Offering. — all great things when you are executing and scaling a known business model.

Founder 281

Founder Technical Review CTO Hire IPO 281

Startup Professionals Musings

FEBRUARY 7, 2015

Most technical entrepreneurs focus hard on building an innovative product, but forget that an elegant solution doesn’t automatically translate into a successful business. Defining the right business model requires the same diligence as designing the right product, but the approach and skills required are different.

Business Model 120

Business Model Technical Review Advisory Board Software Review 120

Steve Blank

SEPTEMBER 1, 2011

——— I’m getting ready to go overseas to teach , and I’ve spent the last week reviewing several countries’ ambitious attempts to kick-start entrepreneurship. In Silicon Valley the equivalent is the journeyman coder or web designer who loves the technology, and takes coding and U/I jobs because it’s a passion.

Government 335

Government Silicon Valley Startup Venture Capital 335

Startup Professionals Musings

JULY 8, 2022

He found that the return was far greater than the cost of donated shoes, and his team became intensely loyal, due to the opportunity to travel and deliver shoes in other countries. Challenge yourself to delivering a technical innovation. Driven to reduce personal hardship and suffering.

Technical Review 357

Technical Review Green Social Media Lean 357

Steve Blank

AUGUST 21, 2013

What we found is that during the class almost all of them pivoted - making substantive changes to one or more of their business model canvas components. In the real world a big pivot in life sciences far down the road of development is a very bad sign due to huge sunk costs. Some of these teams made even more radical changes.

SBIR 321

SBIR Technical Review Lean Startup 321

Startup Professionals Musings

AUGUST 23, 2020

But there is no magic formula on how to bring these together a second time, but I did see some good insights on the parameters in a classic startup business parable, “ Endless Encores ,” by Ken Goldstein, who advises startups and has built companies in technology, entertainment, media, and e-commerce.

Technical Review 324

Technical Review Entrepreneur Due Diligence Business Model 324

Startup Professionals Musings

OCTOBER 9, 2023

Most technical entrepreneurs focus hard on building an innovative product, but forget that an elegant solution doesn’t automatically translate into a successful business. Defining the right business model requires the same diligence as designing the right product, but the approach and skills required are different.

Technical Review 220

Technical Review Advisory Board Software Review Business Model 220

Both Sides of the Table

MAY 23, 2012

I have been close to the tech & startup sectors for more than 20 years and I can’t think of a period in which I felt more optimistic about the innovation and value creation I see in front of us. This world of local meets retail meets digital advertising portends to technology disruption and with it VC opportunities. And the future?

Venture Capital 347

Venture Capital Technical Review LP Mobile 347

Steve Blank

OCTOBER 30, 2012

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. When you leave the class, you’ll know how to think about your startup in the now standard “language” of the business model canvas.

Startup 335

Startup Lean Incubator Business Model 335

Both Sides of the Table

DECEMBER 6, 2013

They can read reviews, see pictures and even talk to the family before confirming. I then clicked on reviews, looked at pictures and read the owners descriptions of what they were looking for. I told her the story of Aaron, the company, the reviews, etc. Tech Market Analysis' I registered. and upload that. She told me.

San Diego 344

San Diego Technical Review Seed Capital Sacramento 344

Startup Professionals Musings

FEBRUARY 22, 2021

Friends and family will likely not expect the same level of sophistication on the business model and financials as a professional investor, but they do expect to see certain things. You need to convince them that you have been working on this vision for a long time, and have done the “due diligence” on all the potential knockoffs.

Technical Review 338

Technical Review Elevator Pitch Due Diligence Angel Investor 338

Hearpreneur

APRIL 28, 2024

Technology innovation is driving advancements in various industries, shaping our world today. From AI and machine learning to biotechnology, technology is revolutionizing our lives. Innovations like blockchain, virtual reality, and cloud computing are transforming business and communication. Thanks to Uku Tomikas, Messente ! #5-

Technical Review 138

Technical Review Technology Entrepreneur Artificial Inteligence 138

The Startup Magazine

MARCH 14, 2022

And with the technology available these days, it is convenient to invest in emerging startups. Of late, with the advent of new technology and the spread of the internet to nearly all corners of the country, Indians have taken up a new kind of shop! Some sectors where they have left their indelible mark are – Health tech.

Technical Review 167

Technical Review Due Diligence India Startup 167

Startup Professionals Musings

FEBRUARY 14, 2022

You can review all the specifics of this approach in the classic book by Nathan Furr and Paul Ahlstrom, appropriately titled “ Nail It then Scale It: The Entrepreneur's Guide to Creating and Managing Breakthrough Innovation ,” but I will net it out here. Nail the business model. Nail the solution.

Angel Investor 359

Angel Investor Technical Review Incubator Business Model 359

Steve Blank

FEBRUARY 23, 2013

My friend Ron Ashkenas interviewed me for his blog on the Harvard Business Review. Ron is a managing partner of Schaffer Consulting , and is currently serving as an Executive-in-Residence at the Haas School of Business at UC Berkeley. He is a co-author of The GE Work-Out and The Boundaryless Organization.

Business Model 334

Business Model Technical Review Business Plan Search 334

Steve Blank

MARCH 12, 2014

These two startups had problems they could not solve on their own due to lack of resources—time, people, money. 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.

Lean 335

Lean Customer Development Startup Silicon Valley 335

Steve Blank

NOVEMBER 13, 2012

After helping build the first Ethernet switch startup, I was attracted by Asynchronous Transfer Mode 25Mbit/sec technology, (ATM25) which was 2.5x The result: great success of my third startup, a load balancing technology for web servers back in the late 1990’s. faster than Ethernet and ran data but plus voice and video.

Japan 305

Japan Customer Development Developer Customer 305

The Startup Magazine

APRIL 29, 2021

Employing social distancing, new health and safety measures in the workplace and other commercial environments, and the imposition of travel restrictions have bought about this so-called “new normal” and new pandemic tech innovations as well. The lack of customer interaction has affected how businesses operate. The Move to E-Commerce.

Technical Review 128

Technical Review Technology Software Review Artificial Inteligence 128

The Startup Magazine

OCTOBER 23, 2018

A combination of risky ideas and a competitive marketplace often proves to be too much for small teams to endure, especially against the tech giants. After all the notion of a group of individuals fighting for the spotlight against large tech giants is almost poetic. The tech giants deal with layers of bureaucracy and compliance.

Technical Review 138

Technical Review Agile Startup Software Review 138

Startup Professionals Musings

APRIL 14, 2021

As a logical and data-driven business advisor, I have long focused on facts, technology, and quantifiable pain in guiding entrepreneurs. Most consumers now use their online access from smartphones and tablets to interact with social networks, product reviews, and monitor the videos of culture influencers around the world.

Customer 432

Customer Social Media Dividend Technical Review 432

VC Cafe

SEPTEMBER 2, 2022

The time spent on reviewing decks went down compared to 2021. Going back to the Docsend research, which includes a survey of 300 founders and VCs in addition to their anonymous data collection on thousands of decks shared and reviewed, they found the top components/slides on successful pre-seed decks. Good luck out fundraising!

Technical Review 166

Technical Review Early Stage Cofounder Portfolio 166

ReadWriteStart

JUNE 19, 2021

There are few technologies in the world today that can make a Trillion-dollar impact on the global economy. Also, it can open up numerous business models and revenue channels that were earlier inaccessible for want of a suitable hardware and software solution. IoT (Internet of Things) is one of them. Source: Mckinsey.

Technical Review 215

Technical Review Software Review Cloud Vertical 215

Startup Professionals Musings

SEPTEMBER 24, 2014

“Attached is a copy of my full business plan for your review.” The first page of the business plan better be an executive summary which gives the investor a taste of the financials, as well as opportunity, competition, and key executives. “I I don’t have a business plan, but the technology is disruptive.”

Entrepreneur 299

Entrepreneur Technical Review Business Plan Angel Investor 299

Startup Professionals Musings

APRIL 2, 2022

Many entrepreneurs think that adapting to the new technologies, like smart phones and Internet commerce, are the key to attracting new customers. In fact, businesses need to adapt even more completely to the changes in the buying and social behavior of consumers. Scarcity – less is more. Reciprocity – pay it forward.

Customer 306

Customer Technical Review Social Media Social Network 306

Startup Professionals Musings

JULY 18, 2014

But I have also learned from experience that there is often quite a distance between a great invention and a great business. A business is about making money, while inventions are more about spending money. Of course, it helps to have innovative technologies before you start building a business.

Technical Review 266

Technical Review Intellectual Property Early Stage Global 266

Startup Professionals Musings

APRIL 1, 2020

The audience for this business model is limited, so make sure you can deliver to their expectations. Many customers are highly attracted to a home-town business, where they may know the owner and always enjoy the warmth and intimacy of a personal customer experience. Tech-focused service that solves complex problems.

Customer 308

Customer Technical Review Matching Business Model 308