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Why Internal Ventures are Different from External Startups

Steve Blank

In this post, I want to share some new thoughts that build on Steve’s post, and connect them to Lean Startup methods. However, I will then argue that while these methods are necessary to managing new ventures inside a company, they are insufficient. This suggests a further modification to Lean Startup: Get Upstairs in the Building.

Startup 331
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The Secret History of Silicon Valley 12: The Rise of “Risk Capital.

Steve Blank

Meanwhile on the West Coast – “The Group” 1950’s When Ampex was raising its money, in 1952, an employee of Fireman’s Fund in San Francisco, Reid Dennis , managed to put $20,000 in the deal. It would charge its investors annual “management fees” to pay for the firm’s salaries, building, etc. More on this in the next post.