Steve Blank
SEPTEMBER 1, 2011
When I read policy papers by government organizations trying to replicate the lessons from the valley, I’m struck how they seem to miss some basic lessons. Regions building a cluster around scalable startups fail to understand that a government agency simply giving money to entrepreneurs who want it is an exercise in failure.
Startup Professionals Musings
SEPTEMBER 7, 2018
Acquiring seed-stage funding is admittedly tough, but a source that I find often overlooked is government grant funding, accessible in the U.S. Government grants start as small a few thousand dollars, but can provide a million dollars or more in capital to new ventures. The approval process is long and bureaucratic.
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Steve Blank
OCTOBER 23, 2023
Most of her lessons were applicable to any government employee venturing out to the private sector. Before leaving government service one of my biggest challenges was to understand how my skill as a Case Officer would translate into a job in the commercial world. It provides governance and financial oversight to the company.
Steve Blank
JANUARY 17, 2023
Three types of organizations – Incubators, Accelerators and Venture Studios – have emerged to reduce the risk of early-stage startup failure by helping teams find product/market fit and raise initial capital. They do the most to de-risk the early stages of a startup. I pointed out that there were.
Startup Professionals Musings
SEPTEMBER 13, 2022
The “valley of death” is a common term in the startup world, referring to the difficulty of covering the negative cash flow in the early stages of a startup, before their new product or service is bringing in revenue from real customers. Nevertheless, it’s an option that doesn’t cost you equity. Solicit funds from friends and family.
David Teten
FEBRUARY 2, 2012
I’ve recently met with several universities, nonprofits, and government employees who’ve all asked the same question: how can we promote entrepreneurship? The first and primary role of a government is to provide basic public goods competently. To the extent that the government fails to do that, it will retard job creation.
Startup Professionals Musings
DECEMBER 6, 2019
The “valley of death” is a common term in the startup world, referring to the difficulty of covering the negative cash flow in the early stages of a startup, before their new product or service is bringing in revenue from real customers. Nevertheless, it’s an option that doesn’t cost you equity. Solicit funds from friends and family.
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