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. Carlos stirred his coffee.

Technical Cofounder 369

Technical Cofounder Intellectual Property Technical Review Incubator 369

Startup Professionals Musings

OCTOBER 3, 2020

The pervasiveness of social networking and the Internet has caused a new focus and value on “openness,” which leads to a new element of leadership, called “open leadership.” Employees can share best practices with customers on social network platforms and customers can help each other. Conversing: engaging in a dialogue with others.

Framework 397

Framework Leadership Social Media Software Review 397

Startup Professionals Musings

FEBRUARY 24, 2020

One of the most stressful and unanticipated challenges that comes with starting a new business is hiring and managing employees. While this approach appears to cost more on the surface, it often actually costs you less, when you consider the hidden costs of rework, poor customer satisfaction, employee management, and training required.

Technical Review 308

Technical Review Due Diligence Startup Employee 308

Both Sides of the Table

DECEMBER 27, 2011

Exec Summary: Most companies (98+%) in the world (even tech startups) should be very profit focused. Internet scale. If you spent the 3 years perfecting some hugely differentiated technology IP that may also be different. In many Internet startups 80% of the operating costs will be people. So which company is better run?

Startup 418

Startup Revenue Technical Review Flash 418

YoungUpstarts

NOVEMBER 17, 2014

This may have been true pre- internet of everything , but more and more consumers are turning directly to the internet to find exactly what they need. As the internet becomes our undeniable one-stop resource for information, it’s no longer an option for a business to be, or not to be. Because they’re younger.

Technical Review 200

Technical Review Social Media Washington Algorithm 200

Startup Professionals Musings

OCTOBER 22, 2021

Many aspiring entrepreneurs are looking to the Internet as an opportunity to get rich quick, instead of a place where you can start a business you love, for very little capital and minimal technical expertise. The best place to learn is by scouting around the Internet today. Use the Internet to outsource staff.

Technical Review 312

Technical Review Software Review Internet Revenue 312

The Startup Magazine

FEBRUARY 24, 2022

There is no doubt that technology has become an integral part of any industry, whether it may be manufacturing, health, transport, or even legacy industries such as construction, publishing and retail. Some focus on using technology as their primary driver of development, while others use it as an aid. Higher levels of automatization.

Technical Review 158

Technical Review Technology Artificial Inteligence Software Review 158

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. Technology Cycles Measured in Years. This seems to be occurring more and more.

Founder 281

Founder Technical Review CTO Hire IPO 281

View from Seed

JULY 31, 2014

And since we will continue to look proactively at new seed-stage tech startups over the next few years, the question becomes: What, then, will these companies look like? The internet continues the disintermediation of content creation. The “Internet of Things”. Step-Function Ad Tech. Empowering Content Creators.

Seed Stage 272

Seed Stage B2C Technical Review Disintermediation 272

YoungUpstarts

DECEMBER 21, 2020

This can essentially be between the business and the customers or the business and the employees. With businesses getting more globalized than ever, with offices being situated in different locations and time zones, there are different technologies being used to accommodate such settings. Coordination between employees.

Technical Review 279

Technical Review Software Review Distribution Employee 279

Both Sides of the Table

JULY 16, 2010

The VC industry grew dramatically as a result of the Internet bubble - Before the Internet bubble the people who invested in VC funds (called LPs or Limited Partners) put about $50 billion into the industry and by 2001 this had grown precipitously to around $250 billion. Team must be purely technical. Here’s my take: 1.

LP 311

LP Technical Review Early Stage Silicon Valley 311

Startup Professionals Musings

JANUARY 3, 2022

But these days with all the resources on the Internet and elsewhere, there is no excuse for not keeping up on the latest insights, best practices, and technology in the area of hiring, motivating, and training. Define a disciplined process, take the time to find multiple candidates, and do proper reviews.

Hiring 337

Hiring Technical Cofounder Cofounder Retention 337

Up and Running

SEPTEMBER 28, 2020

If one looks at some of the most far-reaching changes in healthcare tech over the last decade alone, they will observe a major spike in the role startups play within the healthcare niche. We will be looking at a few ways technology is helping healthcare startups streamline their operations and improve overall care quality.

Technical Review 135

Technical Review Operations Technology Artificial Inteligence 135

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

JUNE 28, 2023

The pervasiveness of social networking and the Internet has caused a new focus and value on “openness,” which leads to a new element of leadership, called “open leadership.” Employees can share best practices with customers on social network platforms and customers can help each other. Conversing: engaging in a dialogue with others.

Social Media 281

Social Media Media Software Review Social Network 281

ReadWriteStart

DECEMBER 16, 2020

All of these businesses had to roll back their remote work policies and call employees back on-premises. Although there are many collaboration tools (like Slack and Trello) available, they do have a learning curve that can be hard for non-technical folks. Unhealthy Employee Morale. Technical Challenges.

Technical Review 200

Technical Review Startup Belgium Software Review 200

Both Sides of the Table

NOVEMBER 14, 2010

Remember it was only 2008 where Microsoft and even Google were laying off employees. I believe that huge financial, productivity and technical gains come from new innovation rather than derivative thinking. He said that data suggests people prefer to “buy high, sell low.&# And so it goes in tech investing.

Florida 299

Florida Technical Review San Antonio Los Angeles 299

Startup Professionals Musings

JANUARY 5, 2019

Many aspiring entrepreneurs are looking to the Internet as an opportunity to get rich quick, instead of a place where you can start a business you love, for very little capital and minimal technical expertise. The best place to learn is by scouting around the Internet today. Use the Internet to outsource staff.

Technical Review 243

Technical Review Software Review Internet Revenue 243

Both Sides of the Table

JULY 12, 2011

Chris Dixon is one of my favorite people in tech and writes one of the few blogs I read religiously. If you don’t read it and you care about tech & entrepreneurship, you should. If you like the quick summary notes, please check out Adam’s blog on tech, entrepreneurship & VC as a thank you.

Technical Review 281

Technical Review Artificial Inteligence Cofounder API 281

Both Sides of the Table

MAY 19, 2013

I have never felt prouder of the team & product at awe.sm ( please visit to check out our latest & be ready for our next big product announcement due out in next month or so) and yet we just brought in a new CEO to the company, Fred McIntyre. ” We had inbound M&A requests from some of the biggest names in tech.

Technical Review 303

Technical Review Cofounder Analytics Founder 303

Steve Blank

NOVEMBER 1, 2017

This article first appeared on the Harvard Business Review blog. He sold off slower-growth, low-tech, and nonindustrial businesses — financial services, media, entertainment, plastics, and appliances. GE’s gross margin was 21% last year, compared with 28% at United Technologies and 30% at Siemens.

Institutional Investors 272

Institutional Investors Dividend Stock Technical Review 272

Steve Blank

NOVEMBER 1, 2011

Market/technology acuity (patterns of success, domain expertise). We want to find someone who has a lot of consumer internet product experience as either product manager, founder, VP Product, etc. People skills. People skills. Rolodex/deal flow (deal sourcing/ability to make connections for the portfolio). Startups are hard. .

Venture Capital 334

Venture Capital Early Stage Technical Review Startup 334

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. High-technology product startups, without customers, don’t make a business. The result is that over 60% of online shoppers are brand loyal due to other online satisfaction data.

Customer 306

Customer Technical Review Social Media Social Network 306

Startup Professionals Musings

OCTOBER 26, 2014

Some pundits argue that the E-Myth principle is now outdated, due to the instant access to information via the Internet, pervasive networking via social media, and courses on entrepreneurship at all levels of education. In the interim, I recommend you use social media and the Internet to find your alter-ego. Hence most fail.

Technical Review 269

Technical Review Entrepreneur Social Media Media 269

Startup Professionals Musings

MAY 19, 2013

The emergence of social networking and the Internet has caused a new focus and value on “openness,” which leads to a new element of leadership, called “Open Leadership.” Employees can share best practices with customers on social network platforms and customers can help each other. Conversing: engaging in a dialogue with others.

Social Media 257

Social Media Entrepreneur Software Review Leadership 257

Startup Professionals Musings

MAY 15, 2022

Big company powerhouses, like IBM and Xerox, took fifty years to make the cycle, but new companies today, in the age of the Internet, often make the cycle in five to ten years, or even less. A common practice is to hire local employees who know the geographic culture, even though this may well dilute the company culture.

Dilution 355

Dilution Startup Merger Flash 355

The Startup Magazine

OCTOBER 14, 2020

This is due to the growth of entrepreneurship, which continues to boom. Excessive or unexplained payments, under reported income, ghost employees and unsubstantiated debt are a few situations requiring forensic investigation. The internet has broadened the field. The need for this form of accounting has changed with technology.

Technical Review 174

Technical Review Securities and Exchange Commission Due Diligence Reputation 174

Both Sides of the Table

MAY 7, 2011

Sometime around 2003/04 my technology team turned me on to “Spolsky on Software&# a periodic newsletter served up blog style from Joel Spolsky of FogCreek Software, a maker of bug-tracking software. Eventually, Juno provided free access to browse the internet in addition to sending email. What did you learn at Juno? 15 minutes.

Software Review 285

Software Review Software St. Louis API 285

Startup Professionals Musings

SEPTEMBER 22, 2011

Too many founders are convinced they “need” equity financing, for the wrong reasons, as outlined in the book and supplemented with a bit of my own experience: Need employees and professional services. Of course, every company needs these, in due time. Need expensive resources up front. You need a prototype.

Sweat Equity 255

Sweat Equity Technical Review Entrepreneur Bootstrapping 255

Startup Professionals Musings

DECEMBER 23, 2013

Too many founders are convinced they “need” equity financing, for the wrong reasons, as outlined in the book and supplemented with a bit of my own experience: Need employees and professional services. Of course, every company needs these, in due time. Need expensive resources up front. You need a prototype.

Bootstrapping 252

Bootstrapping Sweat Equity Entrepreneur Technical Review 252

Startup Professionals Musings

APRIL 12, 2019

You find that you need to be near major customers, or employee transportation hubs, where rents are higher than you ever anticipated. Your frugal role model of bringing your own lunch won’t be convincing to most employees. It helps to also have your plan reviewed and critiqued by an experienced advisor in the same industry.

Cost 264

Cost Founder Software Review Startup 264

Startup Professionals Musings

APRIL 17, 2012

The emergence of social networking and the Internet has caused a new focus and value on “openness,” which leads to a new element of leadership, called “Open Leadership.” Employees can share best practices with customers on social network platforms and customers can help each other. Conversing: engaging in a dialogue with others.

Social Network 244

Social Network Software Review Leadership Social Media 244

YoungUpstarts

MARCH 27, 2019

author of “ The Art of Preventing Stupid: How to Build a Stronger Business Strategy through Better Risk Management “ A recent Internet search for “problems in business” on Google produced 1.76 billion entries, often a list of the top 20 or 10. But it will apply to both you and your employees. by Matthew Neill Davis, Esq.,

Oklahoma 223

Oklahoma Technical Review Employee Internet 223

The Startup Magazine

APRIL 11, 2024

A growing number of companies are hiring remote employees. These challenges can put off some employers, but can generally be easily solved using tech and a bit of creativity. Supplying tools and equipment Your employees will need certain equipment and tools to work. Should you pay for employees’ internet connection?

Hiring 148

Hiring Technical Review Software Review Security 148

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

NOVEMBER 13, 2012

Too many founders are convinced they “need” equity financing, for the wrong reasons, as outlined in the book and supplemented with a bit of my own experience: Need employees and professional services. Of course, every company needs these, in due time. Need expensive resources up front. You need a prototype.

Sweat Equity 239

Sweat Equity Technical Review Bootstrapping Equity 239

Startup Professionals Musings

DECEMBER 22, 2018

The pervasiveness of social networking and the Internet has caused a new focus and value on “openness,” which leads to a new element of leadership, called “open leadership.” Employees can share best practices with customers on social network platforms and customers can help each other. Conversing: engaging in a dialogue with others.

Leadership 230

Leadership Software Review Social Network Social Media 230