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What I Learned by Flipping the MOOC

Steve Blank, lecturer, Haas School of Business | February 11, 2014

Two of the hot topics in education in the last few years have been Massive Open Online Courses (MOOC’s) and the flipped classroom. I’ve been experimenting with both of them. What I’ve learned (besides being able to use the word “pedagogy” in a sentence) is 1) assigning students lectures as homework doesn’t guarantee the students will … Continue reading »

Sometimes it Pays to Be a Jerk

Steve Blank, lecturer, Haas School of Business | February 6, 2014

That he which hath no stomach to this fight, Let him depart; his passport shall be made William Shakespeare Henry V | Act 4, Scene 3 The concepts in my Lean LaunchPad curriculum can be taught in a variety of classes–as an introduction to entrepreneurship all the way to a graduate level “capstone class.” I recently learned being tough … Continue reading »

Time for Founders School

Steve Blank, lecturer, Haas School of Business | January 29, 2014

Having a film crew in your living room for two days is something you want to put on your bucket list. With a ~$2 billion endowment the Kauffman Foundation is the largest non-profit focused on entrepreneurship in the world. Giving away $80 million to every year (~$25 million to entrepreneurial causes) makes Kauffman the dominant player in the entrepreneurship space. … Continue reading »

Engineering a Regional Tech Cluster — Part 3 of Bigger in Bend

Steve Blank, lecturer, Haas School of Business | January 24, 2014

Dino Vendetti a VC at Bay Partners, moved up to Bend, Oregon on a mission to engineer Bend into a regional technology cluster.  Over the years Dino and I brainstormed about how Lean entrepreneurship would affect regional development. I visited Bend last year and caught up with his progress. Today with every city, state, country … Continue reading »

Early-stage Regional Venture Funds–Part 2 of 3 of Bigger in Bend

Steve Blank, lecturer, Haas School of Business | January 22, 2014

Dino Vendetti a VC at Bay Partners, moved up to Bend, Oregon on a mission to engineer Bend into a regional technology cluster.  Over the years Dino and I brainstormed about how Lean entrepreneurship would affect regional development. I visited Bend last year and caught up with his progress. Today with every city, state and … Continue reading »

Do Pivots Matter?

Steve Blank, lecturer, Haas School of Business | January 14, 2014

There’s a sign on the wall but she wants to be sure
’ Cause you know sometimes words have two meanings Led Zeppelin – Stairway to Heaven In late 2013 Cowboy Ventures did an analysis of U.S.-based tech companies started in the last 10 years, now valued at $1 billion. They found 39 of these companies.  They called them the “Unicorn Club.” … Continue reading »

Lessons Learned in Medical Devices

Steve Blank, lecturer, Haas School of Business | December 20, 2013

This post is part of our series on the National Science Foundation I-Corps Lean LaunchPad class in Life Science and Health Care at UCSF. Doctors, researchers and Principal Investigators in this class got out of the lab and hospital talked to 2,355 customers, tested 947 hypotheses and invalidated 423 of them.  The class had 1,145 engagements with instructors … Continue reading »

Lessons learned in digital health

Steve Blank, lecturer, Haas School of Business | December 19, 2013

This post is part of our series on the National Science Foundation I-Corps Lean LaunchPad class in Life Science and Health Care at UCSF. Part 1:  issues in the therapeutics drug discovery pipeline Part 2:  medical devices and digital health Part 3: described what we’re going to do about it. Part 4: This Will Save us Years – Customer Discovery in Medical … Continue reading »

We’ve seen the future of translational medicine and it’s disruptive

Steve Blank, lecturer, Haas School of Business | December 17, 2013

A team of 110 researchers and clinicians, in therapeutics, diagnostics, devices and digital health in 25 teams at UCSF, has just shown us the future of translational medicine.  It’s Lean, it’s fast, it works and it’s unlike anything else ever done. It’s going to get research from the lab to the bedside cheaper and faster. Welcome … Continue reading »

How Do You Want to Spend the Next 4 Years of Your Life?

Steve Blank, lecturer, Haas School of Business | December 10, 2013

As our Lean LaunchPad for Life Sciences class winds down, a good number of the 26 teams are trying to figure out whether they should go forward to turn their class project into a business. Given that we’ve been emphasizing Evidence-based entrepreneurship and the Investment Readiness Level, I guess I shouldn’t have been surprised when someone asked, “After … Continue reading »

It’s time to play Moneyball: The investment readinesslevel

Steve Blank, lecturer, Haas School of Business | November 25, 2013

Investors sitting through Incubator or Accelerator demo days have three metrics to judge fledgling startups – 1) great looking product demos, 2) compelling PowerPoint slides, and 3) a world-class team. We think we can do better. We now have the tools, technology and data to take incubators and accelerators to the next level. Teams can … Continue reading »

Lean LaunchPad for Life Sciences – Revenue Streams

Steve Blank, lecturer, Haas School of Business | November 18, 2013

We’re teaching a Lean LaunchPad class for Life Sciences and Health Care (therapeutics, diagnostics, devices and digital health) at UCSF with a team of veteran venture capitalists. The class has talked to 2,056 customers to date. Part 1:  issues in the therapeutics drug discovery pipeline Part 2:  medical devices and digital health Part 3: described what we’re going to … Continue reading »

A New Way to Look at Competitors

Steve Blank, lecturer, Haas School of Business | November 11, 2013

Every startup I see invariably puts up a competitive analysis slide that plots performance on a X/Y graph with their company in the top right. The slide is a holdover from when existing companies launched products into crowded markets. Most of the time this graph is inappropriate for startups or existing companies creating new markets. Here’s … Continue reading »

The Air Force Academy gets lean

Steve Blank, lecturer, Haas School of Business | September 17, 2013

I can always tell when one of my students has been in the military. They’re focused, they’re world-wise past their years, and they don’t break a sweat in the fast pace and chaotic nature of the class and entrepreneurship. Todd Branchflower took my Lean LaunchPad class having been entrepreneurial enough to convince the Air Force send him … Continue reading »

Why real learning is outside the building, not demo day

Steve Blank, lecturer, Haas School of Business | September 5, 2013

Over the last three years our Lean LaunchPad / NSF Innovation Corps classes have been teaching hundreds of entrepreneurial teams a year how to build their startups by getting out of the building and testing their hypotheses behind their business model.  While our teams have mentors, socialize a lot and give great demos, the goal of our class final presentations is … Continue reading »

Reinventing life science startups – evidence-based entrepreneurship

Steve Blank, lecturer, Haas School of Business | August 21, 2013

What if we could increase productivity and stave the capital flight by helping Life Sciences startups build their companies more efficiently? We’re going to test this hypothesis by teaching a Lean LaunchPad class for Life Sciences and Health Care (therapeutics, diagnostics, devices and digital health) this October at UCSF with a team of veteran venture capitalists. Part … Continue reading »

Reinventing life science startups – medical devices and digital health

Steve Blank, lecturer, Haas School of Business | August 20, 2013

What if we could increase productivity and stave the capital flight by helping Life Sciences startups build their companies more efficiently? We’re going to test this hypothesis by teaching a Lean LaunchPad class for Life Sciences and Healthcare (therapeutics, diagnostics, devices and digital health) this October at UCSF with a team of veteran venture capitalists. In this three … Continue reading »

How Kevin O’Connor and FindTheBest got lean

Steve Blank, lecturer, Haas School of Business | August 5, 2013

When we started E.piphany there was an equally scrappy startup called DoubleClick (later acquired by Google for $3.1 billon). Other the years Kevin O’Connor, former CEO and founder of DoubleClick and I got to know each other.  It’s been fun watching a 20th Century entrepreneur learn new tricks as he builds his next startup, FindTheBest using Lean Methodology.  Here’s Kevin’s story to date. … Continue reading »