Category Archives: Technology

How to Build a Billion Dollar Startup

Audio clip: Adobe Flash Player (version 9 or above) is required to play this audio clip. Download the latest version here. You also need to have JavaScript enabled in your browser.

The quickest way to create a billion dollar company is to take basic human socialneeds and figure out how to mediate them on-line. (Look at the first wave of the web/mobile/cloud startups that have done just that:  Facebook, Twitter, Instagram, Match.com, Pandora, … Continue reading

Posted in Customer Development, Technology | Leave a comment

The National Science Foundation Innovation Corps – What America Does Best

Audio clip: Adobe Flash Player (version 9 or above) is required to play this audio clip. Download the latest version here. You also need to have JavaScript enabled in your browser.

We ran the first National Science Foundation Innovation Corps class October to December 2011. 63 scientists and engineers in 21 teams made ~2,000 customer calls in 10 weeks, turning laboratory ideas into formidable startups. 19 of the 21 teams are moving forward in commercializing their … Continue reading

Posted in Customer Development, Lean LaunchPad, Technology | Leave a comment

How the iPhone Got Tail Fins – Part 2 of 2

Audio clip: Adobe Flash Player (version 9 or above) is required to play this audio clip. Download the latest version here. You also need to have JavaScript enabled in your browser.

By the early 1920’s General Motors realized that Ford, which was now selling theModel T for $290, had an unbeatable monopoly on low-cost automobile manufacturing. Other manufacturers had experimented with selling cars based on an image and brand. (The most notable was … Continue reading

Posted in Big Companies versus Startups: Durant versus Sloan, Technology | Leave a comment

How the iPhone Got Tail Fins – Part 1 of 2

Audio clip: Adobe Flash Player (version 9 or above) is required to play this audio clip. Download the latest version here. You also need to have JavaScript enabled in your browser.

It was the most advanced consumer product of the century. The industry started with its innovators located in different cities over a wide region. But within 20 years it would be concentrated in a single entrepreneurial startup cluster. At first … Continue reading

Posted in Big Companies versus Startups: Durant versus Sloan, Technology | Leave a comment

The Helsinki Spring

Audio clip: Adobe Flash Player (version 9 or above) is required to play this audio clip. Download the latest version here. You also need to have JavaScript enabled in your browser.

I spent the month of September lecturing, and interacting with (literally) thousands of entrepreneurs in two emerging startup markets, Finland and Russia. This is the first of two posts about Finland and entrepreneurship…read full post. Download MP3

Posted in Business Model versus Business Plan, Customer Development, Teaching, Technology, Venture Capital | Leave a comment

Why Governments Don’t Get Startups

Audio clip: Adobe Flash Player (version 9 or above) is required to play this audio clip. Download the latest version here. You also need to have JavaScript enabled in your browser.

Not understanding and agreeing what “Entrepreneur” and “Startup” mean can sink an entire country’s entrepreneurial ecosystem. I’m getting ready to go overseas to teach, and I’ve spent the last week reviewing several countries’ ambitious attempts to kick-start entrepreneurship.  After poring through stacks … Continue reading

Posted in Big Companies versus Startups: Durant versus Sloan, Business Model versus Business Plan, Teaching, Technology, Venture Capital | Leave a comment

Hiring – Easy as Pie

Audio clip: Adobe Flash Player (version 9 or above) is required to play this audio clip. Download the latest version here. You also need to have JavaScript enabled in your browser.

Over the last few weeks I’ve gotten involved in hiring for two startups, a public agency and a non profit.  Part of each conversation was getting asked to help them put together a “job spec.” I had them leave with a … Continue reading

Posted in Big Companies versus Startups: Durant versus Sloan, Customer Development, Family/Career, Technology | Leave a comment

The Democratization of Entrepreneurship

Audio clip: Adobe Flash Player (version 9 or above) is required to play this audio clip. Download the latest version here. You also need to have JavaScript enabled in your browser.

Last week I had 15 Finnish entrepreneurs out to the ranch (Aalto University has a partnership with Stanford’s Technology Ventures Program.) Monday we hosted 40Danish entrepreneurs for dinner and today its graduate students from Chalmers University in Sweden…read full post. … Continue reading

Posted in Technology, Venture Capital | Leave a comment

The LeanLaunch Pad at Stanford – Class 6: Channel Hypotheses

Audio clip: Adobe Flash Player (version 9 or above) is required to play this audio clip. Download the latest version here. You also need to have JavaScript enabled in your browser.

The Stanford Lean LaunchPad class was an experiment with a new model of teaching startup entrepreneurship. With two weeks and two more updates to go, this post is part six. Parts one through five are here, Syllabus is here. While we’ve been pushing hard … Continue reading

Posted in Business Model versus Business Plan, Lean LaunchPad, Technology | Leave a comment

New Rules for the New Internet Bubble

Audio clip: Adobe Flash Player (version 9 or above) is required to play this audio clip. Download the latest version here. You also need to have JavaScript enabled in your browser.

We’re now in the second Internet bubble. The signals are loud and clear: seed and late stage valuations are getting frothy and wacky, and hiring talent in Silicon Valley is the toughest it has been since the dot.com bubble. The rules for … Continue reading

Posted in Technology, Venture Capital | Leave a comment