The stock market clearly values companies that can deliver disruptive innovation. Steve Blank Read Quote
One of the biggest mistakes entrepreneurs make is not understanding the relationship they have with their investors. At times, they confuse VCs with their friends. Steve Blank Read Quote
Understand that VCs are simply a sophisticated form of financial investors who, in turn, need to satisfy their own investors. Steve Blank Read Quote
At the end of the day, VCs have to provide their limited partners with great returns, or they aren’t going to be able to raise another fund. Steve Blank Read Quote
Great VCs do everything they can to make you successful. But just like your bank, credit card company, mortgage holder, etc. they are not confused where their long-term loyalty lies. Steve Blank Read Quote
The music and movie business has been consistently wrong in its claims that new platforms and channels would be the end of its businesses. In each case, the new technology produced a new market far larger than the impact it had on the existing market. Steve Blank Read Quote
If you’ve never founded a company, rest assured it never happens as elegantly and smoothly as articles in ‘Inc.’ and other business magazines or case studies suggest. Steve Blank Read Quote
Founding a company is a sheer act of will and tenacity in the face of immense skepticism from everyone – investors, customers, friends, family, and employees, to name a few. Steve Blank Read Quote
Very often, if a founder is waiting around for someone else to tell him what to do, the company is near death. Steve Blank Read Quote
Watching an entrepreneur fail is sad, but watching him fail from lack of nerve is tragic. Steve Blank Read Quote
