35. "When we were an agrarian nation, all cars
were trucks. But as people moved more
towards urban centers, people started to get
into cars. I think PCs are going to be like trucks.
Less people will need them.”
(Steve Jobs)
44. Golden Age (1970-1995)
‣ Building a business
‣ $ Millions to start (proprietary hw/sw)
‣ Long product dev cycle (waterfall)
‣ Thousands Customers
‣ Liquidity=IPO
‣ No repeatable methodology
45.
46. dot.com bubble (1995-2001)
‣ Flipping a business
‣ 10's $ millions to start (get big fast)
‣ Long product dev cycle
‣ Millions of customers
‣ no profits IPO
‣ Repeatable methodology
47.
48. Lean Startups (2001-2010)
‣ < $500k to start
‣ Short product dev cycle (agile development)
‣ 10's millions customers
‣ M&A (revenue & network of users)
‣ Repeatable methodology
50. The new bubble (2010-????)
‣ Flipping a built business?
‣ Short product dev cycle (agile development)
‣ 10's/100's millions customers
‣ M&A & IPO
‣ Repeatable methodology
79. "The same products, services
or technologies can fail or
succeed depending on the
business model you choose.
Exploring the possibilities is
critical to finding a successful
business model. Settling on first
ideas risks the possibility of
missing potential that can only
be discovered by prototyping
and testing different
alternatives.”
!
(Alexander Osterwalder)