Steve Blank

APRIL 10, 2019

A version of this article first appeared in the Harvard Business Review. For most startup employee’s startup stock options are now a bad deal. Why Startups Offer Stock Options. As Venture Capital emerged as an industry in the mid 1970’s, investors in venture-funded startups began to give stock options to all their employees.

Stock Options 335

Stock Options Stock Vesting Common Stock 335

Steve Blank

OCTOBER 24, 2017

A version of this article is in the Harvard Business Review. Uber , Zenefits , Tanium , Lending Club CEOs of companies with billion dollar market caps have been in the news – and not in a good way. Technology cycles have become a treadmill, and for startups to survive they need to be on a continuous innovation cycle.

Founder 281

Founder Technical Review CTO Hire IPO 281

Both Sides of the Table

MAY 23, 2012

There are obvious reasons the industry has had less-than-desirable returns, including: massive over-funding of the sector, huge increases in inexperienced venture capitalists that took a decade to peter out, and the massive correction in the value of the public stock markets that closed many exit opportunities for half a decade.

Venture Capital 347

Venture Capital Technical Review LP Mobile 347

The Startup Magazine

DECEMBER 22, 2024

Even a single unsatisfied customer can lead to negative reviews that deter future business. The good news is that technology, specifically ERP solutions , offers tools to eliminate unnecessary delays and keep your customers happy. Startups often face delays due to limited resources and fragmented processes.

Artificial Inteligence 143

Artificial Inteligence Customer Technical Review Operations 143

Both Sides of the Table

JULY 16, 2010

But VC is an “illiquid asset&# so funds didn’t disappear quickly - In 2000/01 the stock market quickly adjusted punishing investors in the NASDAQ and in individual public technology stocks. What accelerated this was the collapse of the public stock markets.

LP 311

LP Technical Review Early Stage Silicon Valley 311

Steve Blank

OCTOBER 22, 2024

In March 2022 I wrote a description of the Quantum Technology Ecosystem. Just as a reminder, Quantum technologies are used in three very different and distinct markets: Quantum Computing , Quantum Communications and Quantum Sensing and Metrology. Different technical approaches (superconducting, photonics, cold atoms, etc.)

Technical Review 267

Technical Review Illinois Algorithm Software Review 267

Hearpreneur

NOVEMBER 2, 2022

Technology disruption is happening at a rapid pace all around us. We asked our entrepreneurs what changes do they expect due to technology shortly, and this is what they have to say. #1- I also expect to see more technology to assist with personalized experiences at trade shows, both in person and virtually, shortly.

Technical Review 126

Technical Review Software Review Artificial Inteligence Technology 126

Both Sides of the Table

DECEMBER 27, 2011

Exec Summary: Most companies (98+%) in the world (even tech startups) should be very profit focused. As I like to say, “If you’re really on to an enormous idea then other people in the market are going to spot that and want to compete with you. I always remind this to journalists who ask me about public stocks.

Startup 418

Startup Revenue Technical Review Flash 418

Startup Professionals Musings

JULY 13, 2022

In these days of global competition via multiple channels, you need continuous marketing to find more customers. Acknowledge every customer feedback and review. People today put great stock in the online feedback from other customers, and they note how and if you appear to be listening and responding. They won’t find you.

Technical Review 355

Technical Review Social Media Channel Flash 355

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. During Jeff Immelt’s tenure GE’s stock-market value fell by about half. billion of GE stock – about 1.5%

Institutional Investors 271

Institutional Investors Dividend Stock Technical Review 271

Both Sides of the Table

AUGUST 3, 2010

I’m doing due diligence on a company of another entrepreneur in LA whose company was apparently doing very well. It meant that the management teams hadn’t figured out a product / market fit for their own businesses. I know, I know … technically they can be structured as mergers. million uniques.

Merger 276

Merger Technical Review Early Stage Dilution 276

ReadWriteStart

APRIL 14, 2023

Markets are always in flux, randomly walking between gains and losses, but sometimes macro factors conspire to create sustained volatility. Yet, we know tech startups will weather the storm. An odd feature of the current downturn is the persistently tight labor market.

Technical Review 148

Technical Review Ukraine Software Review ChatGPT 148

Startup Professionals Musings

MAY 25, 2020

Equity is stock, but private company stock has no market value until the company goes public or is sold or merged with another company. Of course, if you are able to bootstrap your startup, and don’t anticipate the need for outside investors, you can technically ignore the first two points.

Exit Strategy 376

Exit Strategy Startup Private Equity Equity 376

The Startup Magazine

JANUARY 19, 2025

Yet, most small businesses fail due to poor cash flow management. For example, these professionals can develop detailed cash flow forecasts that consider market trends and business-specific challenges. Startups can use just-in-time (JIT) inventory systems to order stock only when needed.

Management 143

Management Startup Forecast Finance 143

Both Sides of the Table

DECEMBER 6, 2013

Companies like DogVacay solve a real need in the market. They can read reviews, see pictures and even talk to the family before confirming. I then clicked on reviews, looked at pictures and read the owners descriptions of what they were looking for. I told her the story of Aaron, the company, the reviews, etc.

San Diego 344

San Diego Technical Review Seed Capital Sacramento 344

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. I can’t control the market. Private markets for stocks are the opposite.

Pre-Money Valuation 336

Pre-Money Valuation Valuation Silicon Valley Stock 336

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

Both Sides of the Table

AUGUST 30, 2010

My original thinking from Oct ’09 was, while I didn’t (and still don’t) have a crystal ball I worried that: consumers were over-stretched with debt (and make up 77% of the economy), unemployment would continue to rise, which in turn would drive the stock market south and cut the rate of M&A activity and VC investment even further.

Entrepreneur 298

Entrepreneur Technical Review Balance Sheet Government 298

The Startup Magazine

JULY 1, 2022

By taking the time to understand the companies, industries, and markets you’re investing in, you’re increasing your chances of making a profit. When researching stocks, many people rely on financial charts like those from financecharts.com to help them make informed decisions. public companies.

Technical Review 148

Technical Review Due Diligence Stock Portfolio 148

Both Sides of the Table

DECEMBER 13, 2010

He taught me, amongst other things, the benefit of “ top down thinking &# that changed the way I analyzed markets, companies and people. We worked together at Andersen Consulting between 1996-99 when the markets were booming. See, Mark, in a booming market you can never tell the winners from the losers.

Turkey 302

Turkey Differentiation IP Technical Review 302

YoungUpstarts

MAY 7, 2017

Jonmichael Moy (Jon Michael Moy) may be a seasoned veteran of Silicon Valley, but this accomplished, dedicated technology executive with more than seventeen years of experience in management and operations, product and business development and marketing has now brought his talents to Toronto.

Silicon Valley 183

Silicon Valley Technical Review Product Canada 183

The Startup Magazine

JANUARY 22, 2023

Day trading is one of the most popular and profitable ways to invest in the stock market. WB Trading reviews tips to help you develop a strategy for day trading success. Know Your Market It is essential to understand the market before making any trades. WB Trading reviews what a sound system should have.

Technical Review 157

Technical Review Developer Stock Management 157

Both Sides of the Table

SEPTEMBER 25, 2010

Markets always evolve toward higher resolution. I believe you reward investors who make an early call just like on the public stock market. Tags: Raising Venture Capital Startup Advice Tech Market Analysis Term Sheets. You may not need to use convertible notes to do it.

Finance 286

Finance Term Sheet Technical Review Warrant 286

A Smart Bear: Startups and Marketing for Geeks

APRIL 25, 2011

— of someone of my age and experience walking in here and demanding such outrageous compensation, someone who, let’s be clear, is technically too young to even enter into a legal consulting agreement in the first place. “Yes&# if it will completely pay for three new marketing efforts. Should we take on those clients?

Java 311

Java Software Review Technical Review Salary 311

Startup Professionals Musings

SEPTEMBER 12, 2014

Equity is stock, but private company stock has no market value until the company goes public or is sold or merged with another company. Of course, if you are able to bootstrap your startup, and don’t anticipate the need for outside investors, you can technically ignore the first two points.

Exit Strategy 289

Exit Strategy Entrepreneur IPO Startup 289

VC Cafe

FEBRUARY 27, 2023

Taking stock of the venture capital market in 2023, it’s clear to see that we’re in a transition point. For the past 10 years, with interest rates near zero, VC investors plowed record amounts into tech startups and enjoyed a seemingly ‘easy’ investing environment.

Venture Capital 215

Venture Capital Technical Review LP Institutional Investors 215

Steve Blank

MAY 19, 2015

Startups focus on speed since they are burning cash every day as they search for product/market fit. These shortcuts add up and become what is called technical debt. You fix technical debt by refactoring , going into the existing code and “cleaning it up” by restructuring it.

Technical Review 120

Technical Review Salary Early Stage Software Review 120

View from Seed

NOVEMBER 18, 2020

To be clear Airbnb posted a GAAP profit in Q3 2020 of over $200M which is impressive given travel remains materially depressed due to COVID. For reference, high-flying megacap tech stocks like Apple and Google have operating income margins >20% and Facebook and Microsoft have operating income margins >30%.

North America 401

North America IPO Prospectus Europe 401

The Startup Magazine

AUGUST 18, 2024

Benefits of Peer-to-Peer Lending Diversification : Peer-to-peer lending allows investors to diversify their portfolio beyond traditional stocks and bonds. This is due to the lower operating costs and fees associated with peer-to-peer lending platforms, which allow for more competitive interest rates.

Stock 158

Stock Technical Review Portfolio Finance 158

The Startup Magazine

JULY 24, 2024

Efficient management of stock levels is also important, as excess inventory can lead to higher storage and removal fees. Regularly reviewing performance metrics can help identify areas for improvement. These tools can help you maintain the right stock levels, ensuring you can meet customer demand without overstocking.

Cost 167

Cost Technical Review Software Review Stock 167

Both Sides of the Table

JUNE 22, 2011

They have seen one side of a market where many of us have seen the ebb and flow multiple times. Still, market amnesia by ordinarily rational actors always surprises me. I believe a bubble occurs when a market is willing to pay greater than intrinsic value for an asset class. I spoke about a lot of things during the keynote.

Saudi Arabia 309

Saudi Arabia Valuation IPO Technical Review 309

Both Sides of the Table

JULY 29, 2010

The A round was done in February 2000 (end of the bull market) and my B round was done in April 2001 (bear market). People buy companies for 3 primary reasons: 1) they want the management team / talent 2) they want the technology or 3) they want the market traction (revenue, customer base, profits, etc).

Venture Capital 282

Venture Capital Term Sheet Valuation Stock Options 282

Up and Running

SEPTEMBER 10, 2014

Angels invest in one out of every forty deals they review (2.5%) versus the one out of 400 by VC’s (0.25%). Taking a campaign online and encouraging non-accredited investors to use a crowdfunding platform is a great way to show their support, manage the volume, and market your business. Furthermore, according to the IRS, about 3.9

Angel Investor 159

Angel Investor Technical Review Software Review Accredited Investor 159

Startup Professionals Musings

FEBRUARY 25, 2023

Equity is stock, but private company stock has no market value until the company goes public or is sold or merged with another company. Of course, if you are able to bootstrap your startup, and don’t anticipate the need for outside investors, you can technically ignore the first two points.

Exit Strategy 264

Exit Strategy Private Equity Equity Technical Review 264

Both Sides of the Table

JUNE 6, 2012

Chris Anderson wrote a really influential book some years ago called “ The Long Tail ” that shaped how many people think about emerging Internet markets. At the left of the graph is the “head end” of the market, where the “hits” are produced for mass audiences. Why is that?

Media 302

Media South Korea Distribution Technical Review 302

Startup Professionals Musings

FEBRUARY 8, 2020

As a long-time mentor to entrepreneurs, here is my collection of smart risks that investors and I look for in new startups: Focus on a tough customer problem rather than a fun technology. Investors hate technology solutions looking for a problem, due to the high risk of no customers.

Management 322

Management Entrepreneur Forecast Stock Options 322

Both Sides of the Table

APRIL 20, 2011

In the early 80’s he left academia to work on venture capital investing with Jim Simons, Renaissance Technologies. The Exchange Fund – This allows the entrepreneurs to diversify their founders stock into other portfolio companies stock. 100 get serious due diligence where the entrepreneur meets with several people from the firm.

Pre-Money Valuation 284

Pre-Money Valuation Technical Review Cofounder Cram Down 284