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. Steve Blanks 30 years of Silicon Valley startup advice. This is the most important sentence in this post and worth deconstructing. Reply Leave a Reply Click here to cancel reply.

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Lean Silicon Valley Startup RSS 264

Steve Blank

DECEMBER 20, 2011

The gamble was that we could train Professors doing hard-core science, who had never been near a startup or Silicon Valley, to get out of the building and talk to customers and Pivot as easily as someone at a web startup. we couldn’t keep them in Silicon Valley for all 8 weeks, so we tried an experiment in teaching remotely.

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Both Sides of the Table

OCTOBER 8, 2014

Many people don’t realize that the majority of the monetization of the Internet originated in Los Angeles but was perfected in Silicon Valley. He built & sold iMall in Internet 1.0 But the “monetization heart of the Internet” doesn’t stop at Overture, Applied Semantics and MySpace.

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Los Angeles Silicon Valley Entrepreneur Seattle 376

Both Sides of the Table

OCTOBER 30, 2014

It is also a function of the stage of much of our careers where we aren’t interested in playing small ball with incrementalism on how to squeeze out an extra 5% of margin by optimizing the Internet slightly better.

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Technical Review Software Review Due Diligence CTO Hire 418

Steve Blank

DECEMBER 7, 2009

I was out and about in Silicon Valley doing what I would now call Customer Discovery trying to understand how marketing departments in large corporations worked. I remember presenting our ideas for Marketing Automation to one VP of Marketing in a large Silicon Valley company. Welcome to the Internet bubble.)

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Startup Professionals Musings

JANUARY 21, 2019

Image via Wikipedia From the advice I hear these days, if you want to be a successful entrepreneur, you need to be in Silicon Valley, Boston, New York, or one of the few other financial hubs around the world. High-tech ventures in Silicon Valley know they have to constantly innovate, but small town coffee shops can easily forget.

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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.

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YoungUpstarts

MAY 29, 2011

This week Blackbox , founded by entrepreneurs Bjoern Lasse Herrmann and Max Marmer, released its first Startup Genome Report — a 67-page in depth analysis on what makes Silicon Valley startups successful based on profiling over 650 startups. Premature scaling is the most common reason for startups to perform worse.

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YoungUpstarts

AUGUST 30, 2011

Blackbox , founded by entrepreneurs Bjoern Lasse Herrmann and Max Marmer, in June released its first Startup Genome Report — a 67-page in depth analysis on what makes Silicon Valley startups successful based on profiling over 650 startups. 74% of high growth internet startups fail due to premature scaling.

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Silicon Valley Software Review Startup Cofounder 189

View from Seed

JULY 31, 2014

Furthermore, one of our recent investments was in Silicon Valley, as all three of us have lived and worked there. Ecommerce has transcended merely shipping a box to your home — it’s about leveraging mobile plus the internet to create an elegant purchasing experience previously unavailable. The “Internet of Things”.

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Steve Blank

MAY 29, 2011

But he left to work on what he told me he came to do - crack the innovation code of Silicon Valley and share it with the rest of the world. They went to work gathering deep knowledege of what makes successful Internet startups. Max and his partners interviewed and analyzed over 650 early-stage Internet startups.

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Steve Blank

SEPTEMBER 14, 2009

The boom in Internet startups would last 4½ years until it came crashing down to earth in March 2000. The valuations for acquisitions were nothing like the Internet bubble, but there was a path to liquidity, difficult as it was. Steve Blanks 30 years of Silicon Valley startup advice. Order Here. Now In Print!

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Silicon Valley IPO Technical Review Venture Capital 237

SoCal CTO

JANUARY 5, 2011

November 23, 2010 Entrepreneurs, Using Outsourcing to Obtain Capital Efficiency Needs to be Thought Through to be Effective - Robert Ochtel , June 7, 2010 Teen Entrepreneur, Brian Wong, Youngest Founder to Receive Angel Funding - teenentrepreneurblog.com , October 28, 2010 Build Your Own Silicon Valley?

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Silicon Valley Startup Term Sheet Venture Capital 378

Startup Professionals Musings

FEBRUARY 13, 2011

With today’s access to the Internet, and Google searches, it really isn’t that hard. The Founding Chapter is in Silicon Valley, California, (naturally), and I have a connection there if you need a start. It won’t help your case or your workload to do an email blast and follow-up with 60,000 members around the world.

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Both Sides of the Table

MAY 7, 2013

The future of the Internet is video. Hollywood vs. Silicon Valley and Who Will Win. 10 signs Internet TV is Ready to Disrupt the Industry. If you want to understand my thesis behind Maker you can read this article that outlines the trend , but in summary: People watch 5.3 hours of TV / day. They read less than 30 minutes.

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Both Sides of the Table

FEBRUARY 27, 2010

Notes Wadhwa, “Jason [Calacanis], Fred [Wilson], and Silicon Valley VC’s, I’ve got news for you: you’ve got it all wrong. The Internet wasn’t there. Because Vivek Wadhwa has just written a piece on TechCrunch that “proves&# the nurture argument quantitatively. PC’s weren’t there.

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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. The best and most consistent funds in Silicon Valley (e.g.

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LP Technical Review Early Stage Silicon Valley 311

Both Sides of the Table

DECEMBER 5, 2010

The Bridge Between Online Services & The Internet: AOL. It was an online community like CompuServe and eventually started offering people dial-up access to the Internet for a monthly fee. AOL was controlled by one company and the Internet was distributed. AOL was closed, the Internet was open. And then came AOL.

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Startup Professionals Musings

JUNE 29, 2022

If you need venture capital, maybe you need to spend more time in Silicon Valley or Boston. Personal branding is how we market ourselves to others, and is very important in this Internet age. Location and luck: right place at the right time. I’m a proponent of the old adage that you make your own luck in business.

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Silicon Valley Angel Investor Technical Review Boston 325

Both Sides of the Table

DECEMBER 5, 2010

The Bridge Between Online Services & The Internet. It preceded the WWW but then become the onramp to the Internet for newbies. When Time Warner & AOL merged it was widely feared that this would be a monopoly that would control the Internet. For a nanosecond Rupert Murdoch seemed like the smartest guy on the Internet.

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Steve Blank

AUGUST 13, 2009

It took me 8 startups and 21 years to get it right, (and one can argue success was due to the Internet bubble rather then any brilliance.) No internet, no blogs, no books on startups, no entrepreneurship departments in universities, etc. Steve Blanks 30 years of Silicon Valley startup advice. Order Here. Now In Print!

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Silicon Valley RSS Technical Review Lean 208

Startup Professionals Musings

SEPTEMBER 7, 2020

On the Internet, I am wary of one more search engine provider, clones of existing social-media sites, and yet another new dating site. investors, for example, it may be worthwhile to set up an office in New York City or Silicon Valley. Your startup is in a high-failure-rate business sector. If you want U.S.

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New York City Silicon Valley Startup Bootstrapping 315

Steve Blank

APRIL 14, 2013

But for the last decade “innovation” in Chinese software meant something different than it did in Silicon Valley. 70% of Chinese Internet users are under 30. Internet penetration in Beijing is greater than 70% while it’s less than 25% in Yunnan, Jiangxi, Guizhou and other provinces. Of course “copy” is too strong a word.

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China Silicon Valley Non-Compete Intellectual Property 221

YoungUpstarts

NOVEMBER 27, 2018

Google notably bought out Picasa, an early website dedicated to photography and photo sharing, only to reduce its budget and quietly starve it out of the internet when it failed to perform to expected levels.

Silicon Valley 113

Silicon Valley Technical Review Startup Harvest 113

Hunter Walker

JULY 10, 2017

Since the Ringer is a pretty young online-only publication that caters to an entertainment-obsessed crowd, I assume two things about our readers: They, too, are probably creatures of the internet. Their baseline knowledge of Silicon Valley probably comes from HBO’s Silicon Valley. My mom works at Apple. (I

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Silicon Valley Technical Review Due Diligence Aggregator 85

Both Sides of the Table

JUNE 5, 2011

2 preamble issues having read the comments on TC today: 1: I know that the prices of startup companies is much great in Silicon Valley than in smaller towns / less tech focused areas in the US and the US prices higher than many foreign markets. This article originally appeared on TechCrunch. I acknowledged this in the article.

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Pre-Money Valuation Valuation Silicon Valley Stock 336

Both Sides of the Table

JULY 25, 2010

I was once thinking about writing a blog post called “Is Reid Hoffman the Kevin Bacon of Silicon Valley&# because it seemed that every angel / seed investor I knew looking at deals was shopping their deal to Reid and everybody wanted Reid’s opinion before committing.

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Silicon Valley Technical Review Southern California Angel Investor 293

ReadWriteStart

FEBRUARY 7, 2020

It wasn’t long ago that it made sense for companies, and especially Silicon Valley companies, to hire locally and have everyone working from one central location. Today, especially in tech hubs like Silicon Valley, Los Angeles, New York, or Seattle, none of these facts hold. Real estate was relatively cheap.

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Technical Review Silicon Valley Nigeria Distribution 184

Steve Blank

NOVEMBER 30, 2009

» 25 Responses Mark Soper , on November 30, 2009 at 6:55 am Said: Steve, I’m working on a consumer internet product concept at the customer discovery phase. Steve Blanks 30 years of Silicon Valley startup advice. In your experience how have you attempted to solve this? Order Here. To Order Outside of the U.S.

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Customer Development Developer Customer Silicon Valley 288

A Smart Bear: Startups and Marketing for Geeks

JULY 24, 2012

Pin It Listen to this episode if you want to learn what a VC investor thinks about “Internet scale” and how you can usually simplify your idea by charging a fair price for your product. Dan: The question is really directed towards the definition of Internet scale. It’s a fraction of the overall Internet market.

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Silicon Valley Software Review Internet Technical Review 204

Both Sides of the Table

SEPTEMBER 17, 2013

And if you accept that premise then you have to accept that the future of the Internet will be dominated by video. Think of the Internet, short-formate equivalent of Discovery, NatGeo, E! And production is where Hollywood beats Silicon Valley. Much of it already is. Not so fast. Set design. Post-Production.

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Video Technical Review Distribution Aggregator 339

Steve Blank

MARCH 19, 2009

A large number of these customers had mailed back their registration cards (this was pre-Internet) with their names, phone numbers, job titles, etc. Steve Blanks 30 years of Silicon Valley startup advice. This was a company that had sold 15,000 graphics boards and monitors to consumers. Order Here. To Order Outside of the U.S.

Silicon Valley 213

Silicon Valley RSS Software Review Technical Review 213

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

NOVEMBER 8, 2014

On the Internet, I am wary of one more search engine provider, clones of existing social-media sites, and yet another new dating site. investors, for example, it may be worthwhile to set up an office in New York City or Silicon Valley. Your startup is in a high-failure-rate business sector. If you want U.S.

New York City 254

New York City Silicon Valley Bootstrapping Technical Review 254

Both Sides of the Table

FEBRUARY 15, 2011

Last year I was on Sand Hill Road in Silicon Valley meeting with one of the most prominent venture capital firms in the country. And this Silicon Valley bias isn’t limited to any single meeting – it has been a recurring theme in my time as a VC. Funding is different outside of Silicon Valley.

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Both Sides of the Table

NOVEMBER 5, 2012

So you tell me what the future of the Internet will be? But here’s what Silicon Valley doesn’t get about Hollywood. Ironically in Silicon Valley consumer Internet business have become hits driven businesses. And what Hollywood does’t get about Silicon Valley? Think about.

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Silicon Valley Los Angeles Distribution Java 374

Startup Professionals Musings

JUNE 2, 2023

On the Internet, I am wary of one more search engine provider, clones of existing social-media sites, and yet another new dating site. investors, for example, it may be worthwhile to set up an office in New York City or Silicon Valley. Your startup is in a high-failure-rate business sector. If you want U.S.

New York City 246

New York City Silicon Valley Bootstrapping Technical Review 246