Steve Blank

NOVEMBER 1, 2011

Every potential early-stage Venture Capitalist should take a year and do it before he or she makes partner. Early-stage Venture Capital firms grow their partnerships in different ways, some hire: partners from other firms. Today, you can start a web/mobile/cloud startup for $500,000 and have money left over. Here’s why.

Venture Capital 334

Venture Capital Early Stage Technical Review Startup 334

Both Sides of the Table

APRIL 13, 2011

There was a lot of consumer internet activity again…resurgence of things, but it was still mysterious, venture capital was still kind of closed, 1st time entrepreneurs had a lot of questions that were unanswered, and there was still some sort of hand waiving around all the financing stuff and so we took it on….”. was starting.

Technical Review 288

Technical Review Venture Capital Silicon Valley Software Review 288

Startup Professionals Musings

DECEMBER 30, 2020

Planning for the future must be a regular activity, not just an early-stage or once-a-year event. With information overload due to the Internet, you need to find your customers, rather than assume they will find you. Change happens every day, and it takes time and effort to prepare you for the next step.

Intellectual Property 432

Intellectual Property Entrepreneur Technical Review Angel Investor 432

Both Sides of the Table

JUNE 30, 2011

With more competition in early-stage many VCs are investing smaller amounts at earlier stages. Some are going later stage to not miss out on hot deals. I call this “stage drift.&#. What I’ve started to observe is that we’re certainly headed for a bit of a brick wall for early-stage companies.

Venture Capital 289

Venture Capital Early Stage Valuation Angel Investor 289

Both Sides of the Table

MAY 1, 2014

” Bill Gross, who is one of the Godfathers of the Internet, once told me, “ If you don’t design a product that is 10x better than the competition then you’ll never build anything truly big or amazing.” ” That’s what we’ve set out to build at MakeSpace. 10x the experience.

Technical Review 380

Technical Review Software Review Cofounder CTO Hire 380

Startup Professionals Musings

JANUARY 18, 2021

If you need funding for these early stage activities, I have some suggestions on better strategies to follow. In this context, there are at least six stages often included in the scope of R&D to narrow your focus: Search for new technologies.

Early Stage 412

Early Stage Angel Investor Incubator Government 412

Both Sides of the Table

DECEMBER 13, 2010

Increasingly it became difficult to tell any system integration company apart and there was a whole new breed of competitors in the market helping companies build Internet businesses. Andersen had lost its long-time CEO, George Shaheen, was hemorrhaging staff and wasn’t exactly known as being an Internet pioneer.

Turkey 302

Turkey Differentiation IP Technical Review 302

Both Sides of the Table

OCTOBER 6, 2010

But in my experience as an entrepreneur and now spending my time amongst investors I can generalize that almost all VC investments in early stage technology & Internet investments come down to just four key factors. Mostly by early stage investors talking about getting smaller exits. million round.

Early Stage 360

Early Stage Startup Venture Capital Seed Stage 360

Both Sides of the Table

MAY 23, 2012

By the end of 2011 the Internet population was estimated at 2.3 billion, with 275 million in North America alone (source: Internet World Stats) and an astounding global penetration of 33% of the world’s population. Internet usage a decade ago was less than 1 hour per day and was restricted to narrowband communications.

Venture Capital 347

Venture Capital Technical Review LP Mobile 347

Both Sides of the Table

AUGUST 17, 2009

You can find a good start-up lawyer to help or if you want to do it on the cheap there are tons of websites you can find on the Internet to help. This is a BIG mistake many early stage companies make. I just wanted to list some of the most value destroying mistakes I see many early-stage entrepreneurs make.

Founder Vesting 365

Founder Vesting Intellectual Property Stock Options IP 365

Both Sides of the Table

OCTOBER 1, 2009

So I believe that now is the perfect time to build a company and the perfect time for early-stage investors to bet on innovation. Please do not read that I think an early-stage company with limited product and only beta customers should go straight for a $5 million fund raising.

Technical Review 269

Technical Review Stock Hawaii Early Stage 269

Startup Professionals Musings

MARCH 13, 2011

But with the speed of the Internet, these have become as old-fashioned as museum curators. Modern digital curators for early-stage entrepreneurs are the expert bloggers who put “content into context.” Mark is a serial entrepreneur who is now active in the venture capital community for early-stage startups.

Curation 230

Curation Technical Review Entrepreneur Cofounder 230

Both Sides of the Table

JULY 12, 2011

He and I once took different sides of an debate about whether “VC signaling&# in early-stage deals is a serious problem or not. The firm focuses on early stage companies in the Northeast but occasionally invests in California startups. I’ve also found him to not be dogmatic either.

Technical Review 281

Technical Review Artificial Inteligence Cofounder API 281

Both Sides of the Table

JANUARY 11, 2014

” Sean is somebody widely respected in Silicon Valley (although he now lives in SoCal) for having helped many early-stage companies go through major growth periods by quantitatively testing features with audiences to help diagnose what led to growth. Doesn’t.

Technical Review 384

Technical Review Hockey Stick SEM Channel 384

Startup Professionals Musings

JANUARY 13, 2020

Many key insights to success in any business can’t be learned from books or the Internet. Since your product or technology may still be in the early stages of development, the investor in actually investing in you, and your previous achievements, as much as your current startup. Expert in your chosen domain.

Intellectual Property 316

Intellectual Property Angel Investor Early Stage Venture Capital 316

Startup Professionals Musings

JANUARY 20, 2020

In fact, perhaps the most important model, equity crowdfunding for non-accredited investors was only legalized via the SEC in 2016, so its impact is still in the early stages. The primary challenge seems to be that the crowdfunding term is used to encompass so many different concepts that everyone is confused.

Accredited Investor 324

Accredited Investor Entrepreneur SEC Equity 324

SoCal CTO

APRIL 28, 2014

If your developers have a better machine, screen, internet connection, or chair at home than they do in the office, then there’s a problem. Generally I say that developers should be doing significant developer level testing, but in early-stage startups, testing falls back on the founders. Poor machine, screen, connection, chair.

Technical Cofounder 280

Technical Cofounder Developer Fractional CTO CTO Hire 280

The Startup Magazine

OCTOBER 11, 2021

This would be ideal for someone who is at the early stages of building their business and looking to stick to a limited budget. What made the board popular is the fact that it supports all types of code. In fact, one of the major goals of the Raspberry Pi foundation was to provide an affordable way to learn programming.

Software Review 179

Software Review Developer Technical Review Customer 179

Steve Blank

SEPTEMBER 1, 2011

Small businesses are grocery stores, hairdressers, consultants, travel agents, Internet commerce storefronts, carpenters, plumbers, electricians, etc. In addition, the Israeli government originally funded 23 early stage incubators but turned them over to the VC’s to own and manage. There are 5.7 They make up 99.7%

Government 335

Government Silicon Valley Startup Venture Capital 335

Startup Professionals Musings

OCTOBER 15, 2022

Many key insights to success in any business can’t be learned from books or the Internet. Since your product or technology may still be in the early stages of development, the investor in actually investing in you, and your previous achievements, as much as your current startup. Expert in your chosen domain.

Intellectual Property 278

Intellectual Property Angel Investor Early Stage Venture Capital 278

Both Sides of the Table

JUNE 5, 2011

Early-stage investors in technology startups are only looking for growth-oriented companies that can achieve an “exit&# someday – either via selling your company to a larger company or via an IPO. Over time some “norms&# have emerged in pricing based on investors risk / return profile.

Pre-Money Valuation 336

Pre-Money Valuation Valuation Silicon Valley Stock 336

Startup Professionals Musings

DECEMBER 6, 2014

Many key insights to success in any business can’t be learned from books or the Internet. Since your product or technology may still be in the early stages of development, the investor in actually investing in you, and your previous achievements, as much as your current startup. Expert in your chosen domain.

Angel Investor 268

Angel Investor Intellectual Property Entrepreneur Early Stage 268

Both Sides of the Table

JUNE 4, 2013

But when you create a product for a large segment of users who previously couldn’t afford products due to price or complexity and if that product can work at “Internet scale” you have the chance to do something truly amazing. I have written this up before if you’re interested – I call it Deflationary Economics.

Technical Review 401

Technical Review Startup Business Model Non-Compete 401

Both Sides of the Table

APRIL 2, 2010

A fund size of $25 – $100 million in normally an “early stage&# fund that is likely to do seed investments and/or smaller A round investments. A fund size of $100 million – $200 million is likely to either be an A round investor or “stage agnostic&#.

Venture Capital 269

Venture Capital Balance Sheet Early Stage Software Review 269

Startup Professionals Musings

JULY 16, 2012

The good news is that he is all about helping early-stage startups. Here is just a sampling of the latest terminology and lingo that I gleaned from Dave, and from some additional research on the Internet, that I think every entrepreneur should know, who may be looking for funding now, or down the road: Micro-VCs.

Early Stage 253

Early Stage Finance Seed Stage Entrepreneur 253

Up and Running

APRIL 12, 2018

Communication (telephone, internet). Examples of known expenses include: Rent. Utility bills. Employees (include salaries and benefits, like insurance and retirement contributions). Equipment and licensing (computers, servers, software, and so on). Variable expenses. Your business also has fluctuating expenses.

Forecast 77

Forecast Early Stage Software Review Technical Review 77

Startup Professionals Musings

MAY 7, 2012

If you are ready for the next stage, it’s easy to find commercial resources on the Internet, like ThomasNet , a one-stop database of 650,000 manufacturers, distributors, and prototype developers, covering every state and country. Even at early stages, you can get invention support services from sites like Invention Home in Pittsburg.

Startup 242

Startup Early Stage Database Distribution 242

Startup Professionals Musings

DECEMBER 29, 2010

If you are ready for the next stage, it’s easy to find commercial resources on the Internet, like ThomasNet , a one-stop database of 650,000 manufacturers, distributors, and prototype developers, covering every state and country. Even at early stages, you can get invention support services from sites like Invention Home in Pittsburg.

Entrepreneur 236

Entrepreneur Early Stage Database Distribution 236

Startup Professionals Musings

MAY 1, 2011

The good news is that he is all about helping early-stage startups, the hard part for entrepreneurs is figuring out what it takes to play. Early-stage startup. Every startup is early-stage to someone. For VCs, early-stage means customer revenue is less than $10M.

Early Stage 231

Early Stage Seed Stage Angel Investor Silicon Valley 231

The Next Web

DECEMBER 4, 2013

You’re not going to be able to blanket the entire Internet with your message – nor should you want to. Building your brand presence on specialized outlets holds immense value for your business – especially in early stages. Startup Example: Cloudera. Strategy Adopted: Blogger Outreach.

Social Media 158

Social Media Media Viral Startup 158

Startup Professionals Musings

JULY 19, 2010

You’ll find that your company – no matter how small or early stage you may be – can benefit greatly from hiring an intern – and has plenty to offer the intern in return. He has worked for large corporations as well as Internet startups, and speaks from years of experience in human resources. Confidence vs. Questions.

Startup 241

Startup Technical Review Bandwidth Early Stage 241

Both Sides of the Table

MARCH 30, 2010

I’m very pleased today to announce that I invested, on behalf of GRP Partners, in Burstly alongside Rincon Venture Partners , an early stage VC in Southern California whith whom we love to work (and were our co-investors on RingRevenue ). What worked on the tethered Internet will not necessarily dominate in the mobile world.

Mobile 282

Mobile Management Southern California Application Development 282

Both Sides of the Table

JULY 25, 2010

Rincon is part of the new breed of Seed Stage VCs and with the leadership of Jim Andelman has charted out the most authentic early-stage investment strategy in Southern California. Any SoCal entrepreneur raising early-stage money should put Rincon on their short list.

Silicon Valley 293

Silicon Valley Technical Review Southern California Angel Investor 293

Both Sides of the Table

AUGUST 29, 2012

They were mostly a B2B platform enabling game publishers to deliver via Internet streaming their traditional games built for game consoles. I’d hate to frame Nate’s answer into a key phrase so it’s better to watch that section of the video. But my take: Gaikai had superior technology & a superior business strategy.

Southern California 279

Southern California Detroit Los Angeles California 279

Steve Blank

NOVEMBER 2, 2009

Preserve your cash: When you have unlimited cash (internet bubbles, frothy venture climate,) you can iterate on your mistakes by burning more dollars. I see a lot of early-stage entrepreneurs waste too much time chasing money rather than figuring this out first.

Lean 263

Lean Silicon Valley Startup RSS 263

SoCal CTO

MARCH 18, 2010

I help internet companies make money. I need help on this as well. :) Vince: It’s hard sometimes to not sound like a guy trying to sell nine watches up and down his arm. I usually.just focus on revenue. People understand that. they have an interest in that we can go from there. Tony: That’s a great way to attack it.

Los Angeles 225

Los Angeles Revenue Southern California Social Network 225

Both Sides of the Table

MAY 19, 2013

I have previously written why I don’t believe in the COO role at early-stage startups. And watching Jonathan to continue to build on the product vision that started 4 years ago from his desire to fix a large part of the Internet’s inefficiencies. Reid weighed in eloquently on this topic. Startup Advice'

Technical Review 303

Technical Review Cofounder Analytics Founder 303