How To Find the Right Co-Founders?

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How do you figure out what’s the right mix of skills for the co-founders of your startup. Surprisingly if you’ve filled out the business model canvas you already know who you need. I was having breakfast with Radhika, an ex-grad student of mine who wanted to share her Customer Discovery progress for her consumer hardware startup. She started by sketching her business model canvas on a napkin, but somehow the conversation quickly shifted to what was really on her mind…read full post or download MP3.

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Why Translational Medicine Will Never be The Same

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For the past three years the National Science Foundation Innovation Corps has been teaching our nations best scientists how to build a Lean Startup.  Close to 400 teams in robotics, computer science, materials science, geoscience, etc. have learned how to use business models, get out of the building to test their hypotheses and minimum viable product…read full post or download MP3.

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How To Think Like an Entrepreneur: the Inventure Cycle

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The Lean Startup is a process for turning ideas into commercial ventures. Its premise is that startups begin with a series of untested hypotheses. They succeed by getting out of the building, testing those hypotheses and learning by iterating and refining minimal viable products in front of potential customers…read full post or download MP3.

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Why Founders Should Know How to Code

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“By knowing things that exist, you can know that which does not exist.” – Book of Five Rings. A startup is not just about the idea, it’s about testing and then implementing the idea. A founding team without these skills is likely dead on arrival…read full post or download MP3.

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Pioneering Women in Venture Capital: Kathryn Gould

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I met Kathryn Gould longer ago than either of us want to admit. Kathryn has been the founding VP of Marketing of Oracle, a successful recruiter, a world class Venture Capitalist, a co-founder of a Venture Capital firm, a great board member, one of my mentors and most importantly a wonderful friend. During her career she made a big point of not telling you: she was one of the first women Venture Capitalist’s in Silicon Valley (along with M.J. Elmore and Ann Winblad) – “I’m just a VC”…read full post or download MP3.

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Driving Corporate Innovation: Design Thinking vs. Customer Development

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Startups are not smaller versions of large companies, but interestingly we see that companies are not larger versions of startups…read full post or download MP3.

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Getting Lean in Education – By Getting Out of the Classroom

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This week the National Science Foundation goes Lean on education by providing $1.2 million to educators who want to bring their classroom innovations to a wider audience…read full post or download MP3.

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The Path of Our Lives

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I got a call that reminded me that most people live their life as if it’s predestined – but some live theirs fighting to change it…read full post or download MP3.

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How Investors Make Better Decisions: The Investment Readiness Level

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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.  Other than “I’ll know it when I see it”, there’s no formal way for an investor to assess project maturity or quantify risks. Other than measuring engineering progress, there’s no standard language to communicate progress…read full post or download MP3.

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I-Corps @ NIH – Pivoting the Curriculum

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We’ve pivoted our Lean LaunchPad / I-Corps curriculum. We’re changing the order in which we teach the business model canvas and customer development to better-fit therapeutics, diagnostics and medical devices….read full post or download MP3.

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