Week three of the class and our teams in our Stanford Lean LaunchPad class were hard at work using Customer Development to get out of the classroom and test the first key hypotheses of their business model: The Value Proposition.
All small businesses are not the same. Until this is registered and embraced by our legislators, this country will not succeed in its efforts to promote economic growth through innovation or
unleash our full capacity to compete globally.
For the past several years, conventional wisdom has been that having a blog was the most important tool for your business. But blogs are not for everyone, nor are Facebook Pages, and now they don't have to be.
Instead of creating jobs and growing the economy, the Republicans are re-fighting the battles of a year ago and trying to take us back to the days when insurance companies had a stranglehold on our health care.
We're now in the second Internet bubble, and the rules for making money are different in a bubble than in normal times. What are they, how do they differ and what can a startup do to take advantage of them?
Our working thesis was not one we shared with the class. We proposed to teach entrepreneurship the way you would teach artists: deep theory coupled with hands-on experience, guided by seasoned, accomplished artists.
Being a startup investing in startups is no easy task. But we're trying to be thoughtful about it, try new things and iterate rapidly with the benefit of data. Sounds a lot like what we expect from the startups we invest in.
In the flurry of a mass orchestrated adrenaline rush, busloads of previous strangers had formed 38 teams on the road and, as described by Cleveland bus conductor Anthony Broad Crawford, "gone through the complete life cycle of a startup."