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Early-stage Regional Venture Funds–part 2 of 3 of Bigger in Bend

Steve Blank

Regional Angel funds that pool investors capital and typically make a one time investment in a startup, sometimes at an early stage but often at a slightly later stage. Late stage large regionally based funds that invest in late stage or mezzanine deals. Large regionally based early stage funds have mostly failed.

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Am I a Founder? The Adventure of a Lifetime. « Steve Blank

Steve Blank

Yet for every founder there are 10-20 other employees who take the near-equivalent risks in joining an early-stage company. If you’re not a founder (by choice, timing or temperament,) you may be an early employee or a later stage startup employee. Founders know they want to start something. You’re not joining a big company.

Cofounder 230
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Innovation, Change and the Rest of Your Life

Steve Blank

Fourth, in the last decade, corporate investors and hedge funds have jumped into later stage investing with a passion. Their need to get into high-profile deals has driven late-stage valuations into unicorn territory. Founder-friendly became a competitive advantage for his firm Andreessen Horowitz.

Restful 249
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Lessons Learned: Work in small batches

Startup Lessons Learned

The sooner you pass your work on to a later stage, the sooner you can find out how they will receive it. The Entrepreneur’s Guide to Customer Development ► June (3) What is a startup? This is actually a hard case to make, because most of the benefits of small batches are counter-intuitive.

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The Rise of Chinese Venture Capital – (Part 3 of 5)

Steve Blank

The second wave of technology investors were Chinese banks, who provided the majority of the later stage investments in the Torch Program. By 1991, 70% of the Torch funded startups were getting bank financing for expansion and later stages of the new ventures, with local governments acting as guarantors. Like the U.S.

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Is Your VC Founder Friendly?

Steve Blank

What startup stage do they typically invest in? Do they “get&# Customer Development ? What Startup Stage Do they Invest In? Certain VC’s like the new class of Super-Angels and small VC funds specialize in the early stage of a startup where you are searching for a business model. Is Your VC Founder Friendly?

Founder 232
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Fund Raising is a Means Not an End

Steve Blank

A seed round can come from friends, family, Kickstarter, angels – and most importantly, early customers. These sources are a lot more forgiving of iterations and pivots than later-stage venture-capital funds. In normal times, when there aren’t dollars to undo mistakes, you use Customer Development to find product-market fit.