Most of today’s founders will fail. And when they do, they probably won’t leave with riches or celebrity. At least they’ll have a fairly solid resume.Continue
“I think we now know how to make entrepreneurs fail less,” Steve Blank said Friday during an on-stage appearance at the Menlo Ventures 2012 CEO Summit. Not so fast. “We’re starting to amass evidence, but it is still early days,” counters Eric Ries, author The Lean Startup.Continue
Remembering that I’ll be dead soon is the most important tool I’ve ever encountered to help me make the big choices in life. Because almost everything – all external expectations, all pride, all fear of embarrassment or failure – these things just fall away in the face of death, leaving only what is truly important.- Steve Jobs
Watching an entrepreneur fail is sad, but watching them fail from a lack of nerve is tragic.Continue
As more venture-backed companies contemplate IPOs, one might wonder whether founders are learning enough about the challenges of becoming public company CEOs. Certainly, some of the most hotly anticipated, venture-backed offerings of this year aren’t inspiring confidence in the way their boards prepared their leadership. Before going public in early November, daily deals giant Groupon […]Continue
A really large number of investor-financed startup incubators have cropped up over the past couple of years. That may be one reason a newer entrant — Atlanta-based Flashpoint — is taking pains to distinguish itself as an academia-led effort. Headquartered on the campus of Georgia Tech, it’s about to begin working with its first group […]Continue
The success of Google+ has caught Facebook off-guard, and with 25 million members, Google+ has just become the fastest growing Web site in history, according to Wedbush Securities. Jen Rogers of Reuters Insider interviews legendary Silicon Valley entrepreneur Steve Blank, who says that the battle between the two sites is growing into a social-media ”arms race.”Continue
Today, the National Science Foundation (NSF), the nearly $7 billion government agency that supports research in science and engineering, may be dramatically changing the way that university research geeks approach their projects, as well as what gets funded by venture capitalists. It’s kicking off Innovation Corps, a program that aims to transform the most promising […]Continue
Yesterday, it came to light that a San Francisco-based freelance writer used the peer-to-peer vacation rental Website Airbnb to disastrous effect last month. Among other damage to her apartment were smashed doors, stolen family heirlooms, and guest sheets turned to ash in the fireplace. The injury to Airbnb’s reputation may prove extensive, given the image it […]Continue
In the wake of numerous high-profile attacks by the notorious hacker groups LulzSec and Anonymous, Britain’s top policeman yesterday called the “challenges created by cybercrime extraordinarily significant and deeply worrying.”
Steve Blank thinks that’s putting it mildly.
“LulzSec and Anonymous are little more than disorganized gangs that can shoot straight, but they’ve exposed how weak our systems are,” says Blank, a renowned entrepreneur who now lectures on entrepreneurship at Stanford, UC Berkeley, and Columbia University.
“Imagine that instead of using a ballistic missile or expensive planes, you have 1,000 people who are financed by a nation and whose only job, 24/7, is to take out another country’s infrastructure” through hacking.Continue
I don’t often daisy chain onto other people’s blog posts, but I couldn’t resist when I ran across a genuinely insightful post from Steve Blank. Blank is a long time entrepreneur and co-founder of the enterprise software developer E.piphany. (Remember the bubble days!) Blank also participated in a video games company more than a decade […]Continue