- U.C. Berkeley, Haas Business SchoolLecturer, 2002 - present
- Stanford UniversityLecturer, 2005 - present
- California Coastal CommissionCommissioner, 2007 - 2013
--Errol Arkilic, former program director for the National Science Foundation Innovation Corps (NSF I-Corps), now founder of M34 Capital
--Steve Weinstein, CEO of MovieLabs
--Venk Shukla, president TiE Silicon Valley and general partner, Monta Vista Capital
Part 1 of this post was how Errol Arkilic and the National Science Foundation Innovation Corps changed the way the U.S. government commercializes science.
Part 2, this post, is my interview with Steve Weinstein and Venk Shukla. I spoke with Steve about innovation in the movie industry, and to Venk about his journey from bureaucrat in India to entrepreneur here in the U.S., and his work helping other Indian entrepreneurs through TiE, the Indus Entrepreneur network. Both were great interviews worth listening to in their entirety.
Alexander Osterwalder – inventor of the Business Model Canvas
Oren Jacob, ex-CTO of Pixar and now CEO of ToyTalk
The focus of our first segment was on Alexander Osterwalder’s Business Model Canvas – how and why he created it and how startups and large companies are using it to search for repeatable, scalable business models.
Eric Ries, entrepreneur and author of the New York Times bestseller, The Lean Startup. Eric was the very first practitioner of my Customer Development methodology which became the core of the the Lean methodology.
Jon Sebastiani, founder and CEO of KRAVE Jerky, a company that got its start in my class at Berkeley back in 2011 and was recently acquired by Hershey.
The focus of our first segment with Eric was, “What is the Lean Startup” and how did it start?
Kathryn Gould co-founder of Foundation Capital
Mar Hershenson co-founder of the VC firm Pejman Mar Ventures
Sophie Lebrecht co-founder and CEO of Neon Labs
Unfortunately the Build, Measure, Learn diagram is the cause of that confusion. At first glance it seems like a fire-ready-aim process.
It’s time to update Build, Measure, Learn to what we now know is the best way to build Lean startups.
-- Errol Arkilic, former program director for the National Science Foundation Innovation Corps (NSF I-Corps), now founder of M34 Capital
-- Steve Weinstein, CEO of MovieLabs
-- Venk Shukla, president TiE Silicon Valley and general partner, Monta Vista Capital
In my interview with Errol, we discussed the origins of the National Science Foundation Innovation Corps (I-Corps), how and why it was created, and how it changed the way the government commercializes scientific research.
He’s now run several Lean LaunchPad classes and has seen a ton of healthcare startups. Here’s his advice for startups in this space.
--Pete Newell, managing partner of BMNT Partners
--John Kuhn, who works at BMNT Partners
--Matt Weingart, program development manager in the Strategic Development Office at the Department of Energy’s Lawrence Livermore National Laboratory
--Takashi Tsutsumi and Masato Iino, founders of Learning Entrepreneur’s Lab in Japan
The focus of our first segment is how Silicon Valley and the U.S. military can work together – for access to advanced technology and to learn how to move with agility, speed and urgency. Our guests Pete Newell, John Kuhn and Matt Weingart served for decades in the U.S. military and are now helping government agencies operate with the speed and urgency of Silicon Valley.
You fix technical debt by refactoring, going into the existing code and “cleaning it up” by restructuring it. This work adds no features visible to a user but makes the code stable and understandable.
While technical debt is an understood problem, it turns out startups also accrue another kind of debt – one that can kill the company even quicker – organizational debt. Organizational debt is all the people/culture compromises made to “just get it done” in the early stages of a startup.
Just when things should be going great, organizational debt can turn a growing company into a chaotic nightmare.
Growing companies need to understand how to recognize and “refactor” organizational debt.
After seeing the results of 500+ teams through the I-Corps, the NSF now offers all teams who’ve received government funding to start a company an introduction to building a Lean Startup.
Here’s Edmund’s description of the I-Corps Lite program.
Here’s his story.
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