Both Sides of the Table

JUNE 22, 2011

Or worse yet they may never get financed. Raise at “ the top end of normal &# but not so high that future financings in a corrected market become impossible. An obvious example is Google who may have gotten less market attention if there would have been 8 well-financed competitors during the 2001-2005 timeframe.

Saudi Arabia 309

Saudi Arabia Valuation IPO Technical Review 309

Steve Blank

NOVEMBER 23, 2021

This power is wielded through a combination of a country’s diplomacy, information, its military capabilities, economic strength, finance, intelligence, and law enforcement. Raymond said a focus for the Space Force is being lean and fast, innovative and unified. Class 2 focused on China, the U.S.’s s primary great power competitor.

Technical Review 373

Technical Review Technology Russia United States 373

Steve Blank

JUNE 26, 2015

—– Lean Innovation Management. In the last five years “ Lean Startup ” methodologies have enabled entrepreneurs to efficiently build a startup by searching for product/market fit rather than blindly trying to execute. The result will be: a new, Lean version of the Three Horizons of Innovation. Here’s how.

Lean 120

Lean Management Business Model Incubator 120

Both Sides of the Table

SEPTEMBER 16, 2010

When the cards align and your odds of winning increase you “lean&# on your investment and take a more bullish stance. leaning on your best deals – The second scenario is the one we’ve already discussed – the ability to “lean” on deals that are doing well. avoid being diluted).

Cap Table 283

Cap Table Angel Investor Liquidation Preference Dilution 283

Startup Lessons Learned

MAY 9, 2012

TLDR: Brant Cooper and Patrick Vlaskovits , authors of The Entrepreneur's Guide to Customer Development are back with a new book called The Lean Entrepreneur. Since then, Brant and Patrick have been tireless advocates for the whole Lean Startup movement. Illustrations by FAKEGRIMLOCK. You can pre-order it starting today.

Entrepreneur 167

Entrepreneur Lean Southern California San Diego 167

Both Sides of the Table

JULY 16, 2010

Staying “lean&# is not an option. So angel and seed stage investors’ returns will be dependent on good times continuing or on the ability of their portfolio companies to get financed. You’ll have to find alternate ways of financing your dreams and that’s OK. This only becomes noticeable in down markets.

LP 311

LP Technical Review Early Stage Silicon Valley 311

Both Sides of the Table

FEBRUARY 12, 2019

why the hell has seed financing declined so much in the past 3 years?? This is why many VCs are waiting and letting deals mature a bit before leaning into rounds. In this post I set out to explain why the seed market emerged as its own category in the first place and why it’s declined as of late. (

Venture Capital 328

Venture Capital Technical Review Seed Stage IPO 328

Startup Lessons Learned

OCTOBER 11, 2018

As we put the final touches on Lean Startup Conference 2018 , I wanted to take a moment to share more about some of the panels, workshops, and events. Kabam, the mobile gaming company, hit a major stumbling block in its early days when its financing was lost due to the 2008 financial collapse.

Lean 103

Lean Las Vegas Cofounder Startup 103

Steve Blank

DECEMBER 7, 2009

The initial hypothesis for Epiphany (from my much smarter partner Ben ) was that as departments in the enterprise (manufacturing, finance, customer support sales) became automated, the marketing department would eventually get its turn. This is the pivot, a crucial tactical maneuver for the lean startup [.]

Silicon Valley 261

Silicon Valley Non-disclosure Agreement NDA Startup 261

Startup Professionals Musings

JANUARY 2, 2019

Build a lean team to complement your strengths. You now need help, rather than helpers, who can not only do their job independently, but can teach you the finer points of sales or finance, which may not be your strong suite. By the time your business has really taken root, and you are preparing to scale, you need to be at this stage.

Leadership 248

Leadership Technical Review Cofounder Social Media 248

Steve Blank

JANUARY 11, 2022

We wanted to give our students hands-on experience on how to deeply understand a problem at the intersection of our country’s diplomacy, information, its military capabilities, economic strength, finance, intelligence, and law enforcement and dual-use technology. If you can’t see the presentation click here. .

Technical Review 330

Technical Review Technology Taiwan Venture Capital 330

Steve Blank

JANUARY 21, 2015

I was in New York last week teaching my annual 5-day version of the Lean LaunchPad class at the Columbia Business School. Different industry focus than in Silicon Valley – more media, finance, real estate. Filed under: Family/Career/Culture , Lean LaunchPad , Venture Capital. I had a better one when I came back from New York.

Silicon Valley 120

Silicon Valley New York City New York Venture Capital 120

Hunter Walker

AUGUST 31, 2021

Some of the largest markets including construction, health care, finance and agriculture are moving into Gen 1 and 2, with specific toes dipped carefully into 3. Not every industry and not every profession has moved through these generations in sync. Early adopter verticals — such as software development and tech sales — is mostly in Gen 3.

Software 145

Software Vertical Framework Finance 145

Steve Blank

JANUARY 5, 2023

We wanted to give our students hands-on experience on how to deeply understand a problem at the intersection of our country’s diplomacy, information, its military capabilities, economic strength, finance, intelligence, and law enforcement and dual-use technology. If you can’t see the presentation click here.

Technical Review 376

Technical Review Artificial Inteligence Technology China 376

Both Sides of the Table

AUGUST 30, 2010

Also, if there is a lowering of M&A activity this will lead to increased financing needs for startups driving higher failure rates or increases in “adverse terms” entering future financing rounds. Additionally, those who run lean operations and raised money from supportive investor bases will be best positioned.

Entrepreneur 298

Entrepreneur Technical Review Balance Sheet Government 298

Startup Lessons Learned

NOVEMBER 14, 2013

Guest post by Lisa Regan, writer for T he Lean Startup Conference. We’ve posted the full program for The Lean Startup Conference , and it includes more than three days of events for Gold pass holders and six days of events for VIP pass holders. On the evening of December 8, Ignite Lean Startup kicks off the conference.

Continuous Deployment 162

Continuous Deployment Norway Lean Analytics 162

Both Sides of the Table

MARCH 11, 2011

When he tells his stories from the 1990′s your realize that he was probably the original “lean startup.&# It also is how they financed their entry into the United Nations. Think YouTube vs. the rest. Bill’s a huge believer in MVP. They would give companies $250,000 to launch their products.

Product 350

Product Tuvalu Dilution Incubator 350

Both Sides of the Table

NOVEMBER 29, 2010

I learned everything I know about startups in these lean years: 2001-2004. If you’re business has complicated accounting (like many ad network businesses) and if you’re raised enough money to warrant it – a great VP Finance is worth his/her weight in gold. Even better if he/she can double as a VP Operations & HR.

Warrant 333

Warrant Germany France Cost 333

YoungUpstarts

NOVEMBER 6, 2019

I was an early adopter in financial operations and software of lean operational and product development techniques that originated at Toyota, and then of agile as it was promulgated in the Manifesto. My team had already successfully adopted lean operational processes in a very large manufacturing-like process, as well as early agile ideas.

Agile 113

Agile Leadership SCRUM Lean 113

Startup Lessons Learned

MAY 31, 2019

He’ll be speaking at this year’s Lean Startup Conference , and also has a new book (for which I very happily wrote a short foreword) coming out next month: Secrets of Sand Hill Road: Venture Capital and How to Get It. But, other than a big macro shock that causes all financing to dry up, I think those situations are in the minority.

Lean 108

Lean Venture Capital Conversion IPO 108

This is going to be BIG.

AUGUST 22, 2012

Let’s start out with the basic functions of a tech company: 1) Engineering 2) Marketing 3) Sales 4) Business development 5) PR 6) Design 7) Product Management 8) HR 9) Operations 10) Finance Ok, that's just overwhelming. Ready to start simplifying? The last two are pretty basic.

PR 157

PR Technical Review Seed Stage Design 157

Feld Thoughts

NOVEMBER 18, 2013

Here’s the punchline: if you run your company as if you have closed a VC equity financing round even though you actually closed a convertible debt round, you’ll be in much better shape when it comes time to raise your Series A financing. There is no discussion of burn, runway, and more financing yet.

Burn Rate 153

Burn Rate Equity Software Review Early Stage 153

Steve Blank

MAY 10, 2011

The Stanford Lean LaunchPad class was an experiment in a new model of teaching startup entrepreneurship. The Lean LaunchPad was designed to fill that void. The Lean LaunchPad class was built around the business model / customer development / agile development solution stack. Syllabus is here. This is the End. in one quarter.

Lean 288

Lean Business Model Agile Customer Development 288

Both Sides of the Table

NOVEMBER 1, 2009

I know that this all seems obvious now with the movements started by Steven Blank ( Four Steps of Epiphany ) with the whole Customer Development processes / Lean Startup movements also popularized by people like Eric Ries. Many people at a young startup are trying to manage their finances like the rest of their user base.

Customer 280

Customer Technical Review Software Review Mexico 280

View from Seed

OCTOBER 24, 2019

Pre-seed investing should be super simple, so any signs of pro-rata rights, tranched financings, charging the company for value-added services, etc. As an inexperienced founder, you are very likely to take at least two rounds of financing before a series A, so the round to try to skip is any sort of second seed. should be avoided.

Dilution 149

Dilution B2B Burn Rate Early Stage 149

Steve Blank

NOVEMBER 7, 2013

In 2012 I got together with Alexander Osterwalder , Henry Chesbrough and Andre Marquis to think about the Lean and the future of corporate innovation. It didn’t take us very long to connect the dots between exponential growth, business model innovation and the “Lean Startup” movement.

Lean 331

Lean Nepal Cofounder Customer Development 331

YoungUpstarts

APRIL 18, 2012

Not to be confused with the previously listed Lifehacker, of course, particularly when it comes to leaning. Get Rich Slowly remains a rightfully popular resource for anyone hoping to better organize their finances and investments. Lurk or join in and snag multiple perspectives from experts and everyday folks with something to share.

Product 173

Product Houston Technical Review Social Media 173

The Next Web

JANUARY 27, 2013

Four books helped me out a lot over the last few years: Four Steps to the Epiphany by Steve Blank, Running Lean by Ash Maurya, The Four Hour Workweek by Timothy Ferris and Rework by Jason Fried & David Heinemeier Hansson. In addition, I have a gap on my resume the size of a black hole, and my personal finances are still a nightmare.

Netherlands 159

Netherlands Technical Review Software Review Cofounder 159

Steve Blank

SEPTEMBER 14, 2009

We could for example, find warning signs in popular literature about e.g. finance suggesting rapid maturation in bond trading. I think that one of the good themes of this blog is that years != “dog years&# in deep industries. Warning sign? Say 40 years = 20 years real direct experience. At best. ~ Is 20 years enough?

Silicon Valley 237

Silicon Valley IPO Technical Review Venture Capital 237

Up and Running

JUNE 1, 2021

Despite this fact, most payroll advice is geared toward larger organizations, so that information isn’t helpful when you’re looking for ways to make your lean team more efficient. . The National Finance Center offers pre-made, downloadable calendars for anyone to use.

Small Business 150

Small Business Software Review Due Diligence Software 150

Up and Running

AUGUST 30, 2021

Go lean with your planning. A startup is about execution and speed, so you need to start lean. More often than not, whatever it is you are building will require a complementary skill set, whether that’s business/finance, sales/marketing, or design/engineering.

Entrepreneur 132

Entrepreneur Lean Colorado Engineer 132

Startup Lessons Learned

JANUARY 10, 2011

One tweet read, “well, if HBS is investing in the lean startup we know it has jumped the shark.” Professor Tom Eisenmann is pioneering a novel approach at HBS, with a new class called Launching Technology Ventures : Launching Technology Ventures uses case studies to examine lean startup practices. The class debuts in a few weeks.

Silicon Valley 167

Silicon Valley San Francisco Lean Investment Bankers 167

Up and Running

JUNE 21, 2013

You need to engage in Lean Planning. 60 percent of the small businesses that fail in America fail due to lack of cash, not lack of profits—using Lean Planning you can quickly understand if you have missed assumptions about your financials that will ultimately have an adverse effect on your cash.

Small Business 153

Small Business Software Review Lean Advertising 153

Both Sides of the Table

FEBRUARY 27, 2019

Very few people turn up with a strong sense of “what we should be doing” or ready to lean into a productive conversation The financials were prepared by the VP of Finance / CFO. In town board members also only scan it because they, too, have morning meetings before the board meeting starts. There are too many pages.

Stock Options 226

Stock Options Metrics Stock Valuation 226

The Next Web

NOVEMBER 17, 2013

Andrew Schrage , Money Crashers Personal Finance. . In-house development gives you more day-to-day control, and lean software development is far more feasible. Hiring an agency is usually less expensive, and you can utilize them only when there’s a problem. Having a team in-house means a quicker response time, but higher costs.

Developer 145

Developer Hiring Startup LLC 145

YoungUpstarts

AUGUST 21, 2020

It will require greater transparency and record-keeping, but in addition to giving consumers greater protection, Reg BI can also protect finance professionals. Rather than worry about how a changing landscape can upend traditional or comfortable models, it’s crucial to lean into change and learn how to benefit from it.

Technical Review 244

Technical Review SEC Affiliate Technology 244

Startup Professionals Musings

JULY 16, 2012

If you are new to the entrepreneurial world of startups, you are likely confused by the terminology of seed-stage, lean startups, micro-VCs, and Super Angels. Lean startup. Lean startups operate on minimal money, an open source environment, and assume multiple iterations, with customer feedback, to get it right.

Early Stage 253

Early Stage Finance Seed Stage Entrepreneur 253