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The Due Diligence Hierarchy of Pain

View from Seed

When a founder is raising money, he/she should expect that any serious investor will conduct some level of due diligence before getting to yes. More mature companies will have to answer more detailed questions around their tech, product, and business. This could look somewhat different depending on the maturity of the business.

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The Air Force Academy Gets Lean

Steve Blank

Todd Branchflower took my Lean LaunchPad class having been entrepreneurial enough to convince the Air Force send him to Stanford to get his graduate engineering degree. I was their technical man on the inside – making sure big defense contractors delivered on their promises. ——-.

Lean 271
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Technology, Innovation, and Great Power Competition  – 2022 Wrap Up

Steve Blank

We just wrapped up the second year of our Technology, Innovation, and Great Power Competition class – now part of our Stanford Gordian Knot Center for National Security Innovation. government agencies, our federal research labs, and government contractors no longer have exclusive access to these advanced technologies.

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Beyond the Lemonade Stand: How to Teach High School Students Lean Startups

Steve Blank

While the Lean LaunchPad class has been adopted by Universities and the National Science Foundation, the question we get is, “Can students in K-12 handle an experiential entrepreneurship class?” These two startups had problems they could not solve on their own due to lack of resources—time, people, money.

Lean 335
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Is the Lean Startup Dead?

Steve Blank

A version of this article first appeared in the Harvard Business Review. It’s the antithesis of the Lean Startup. Tech IPO prices exploded and subsequent trading prices rose to dizzying heights as the stock prices became disconnected from the traditional metrics of revenue and profits. The Rise of the Lean Startup.

Lean 335
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When Hell Froze Over – in the Harvard Business Review

Steve Blank

In my 21 years as an entrepreneur, I would come up for air once a month to religiously read the Harvard Business Review. In the last decade it’s become clear that companies are facing continuous disruption from globalization, technology shifts, rapidly changing consumer tastes, etc. ” Groucho Marx. Go read it. Then go do it.

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9 Women Can’t Make a Baby in a Month

Both Sides of the Table

I’m a very big proponent of the “lean startup movement&# as espoused by Steve Blank & Eric Ries. It is often the fortuitous mixture of new technologies, customer awareness and then acceptance of the technology and then the slow adoption into our daily lives that leads to markets exploding.