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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 »

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 »

An MVP is not a cheaper product. It’s about smart learning

Steve Blank, lecturer, Haas School of Business | July 22, 2013

A minimum viable product (MVP) is not always a smaller/cheaper version of your final product. Defining the goal for a MVP can save you tons of time, money and grief. Drones over the heartland I ran into a small startup at Stanford who wants to fly Unmanned Aerial Vehicles (drones) with a Hyper-spectral camera over farm fields … Continue reading »

Don’t give away your board seats

Steve Blank, lecturer, Haas School of Business | July 9, 2013

I had group of ex-students out to the ranch who were puzzling over a dilemma – they’ve been working hard on their startup, were close to finding product/market fit and had been approached by Oren, a potential angel investor. Oren had been investing since he left Google four years ago and was insisting on not … Continue reading »

The Lean LaunchPad Educators Class

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

There is nothing more powerful than an idea whose time has come — Victor Hugo The Lean LaunchPad entrepreneurship curriculum has caught fire. This week 100 educators from around the world will come to Stanford to learn how to teach it. —– Life is full of unintended consequences. Ten years ago I started thinking about why … Continue reading »

Fund raising is a means, not an end

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

“Not all that glitters is gold.” — William Shakespeare For many entrepreneurs “raising money” has replaced “building a sustainable business” as their goal.  That’s a big mistake. When you take money from investors their business model becomes yours. ———– One of my ex students came out to the ranch to give me an update on … Continue reading »

Who’s doing the learning?

Steve Blank, lecturer, Haas School of Business | June 3, 2013

In a startup, instead of paying consultants to tell you what they learned, you want to pay them to teach you how to learn. Roominate, one of my favorite Lean LaunchPad teams, came out to the ranch last week for a strategy session. Alice and Bettina had taken an idea they had tested in the class – building toys for young girls to have fun … Continue reading »

Crazy enough to change the world

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

“Your time is limited, so don’t waste it living someone else’s life. Don’t be trapped by dogma – which is living with the results of other people’s thinking. Don’t let the noise of other’s opinions drown out your own inner voice. And most important, have the courage to follow your heart and intuition. They somehow … Continue reading »

Entrepreneurs Experience — do it and learn it

Steve Blank, lecturer, Haas School of Business | February 7, 2013

In 2012, in partnership with Stanford University, U.C. Berkeley and NCIIA, Jerry Engel and I first offered the Lean LaunchPad Educators Class. The class was designed to teach educators (and the adjunct entrepreneurs that support them) the Lean LaunchPad approach (Business Model Design, Customer Development and Agile Engineering) for teaching entrepreneurship. In addition the class offers a suggested “Lean Entrepreneurship” curriculum and the details … Continue reading »

Don’t underestimate the undergraduates

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

Jim Hornthal splits his time between venture capital, entrepreneurship and education. Jim has founded six companies, including Preview Travel, one of the first online travel agencies, which went public in 1997 and subsequently merged to as an independent company.  Today he is the co-founder and Chairman of Triporati, LaunchPad Central. And Zignal Labs. Jim co-taught classes with … Continue reading »