science to profits

Tag: lean startup

  • Mentoring Lean healthcare startups @ UCSF. Fascinating.

    I am a mentor at present in Steve Blanks course at UCSF on lean startup methodology for healthcare startups. It’s fascinating to see the methodology being deployed simultaneously across a whole cohort of startups. The main takeaway is just how rapidly the “get out of the building” approach leads to important insights by the entrepreneur.…

  • Crowdfunding done right: Scanadu’s tricorder

    I’ve been excited about the potential of crowdfunding for quite a while (here and here). The campaign that launched this morning on Indiegogo by Scanadu (developing a Tricorder) is a good example of a campaign done right, and shows the potential of this approach. The campaign reached its goal of $100K in 2 hours. It’s…

  • Invention risk makes lean science startups different

    A hallmark of new ventures that are based on scientific advances in fields like medical devices, health tech, or cleantech is that they often have invention risk. Frequently they also have market risk. And while the standard venture capital reaction to startups with both market and invention risk is “come back when one of the…

  • “Lean” medical device, cleantech, telco startups

    The Lean Startup movement is a good example of the new internet-company methodologies mentioned in my last post. I got around to reading Eric Ries’ book over Thanksgiving. I liked it a lot, and I have been mulling over what its lessons are for non-internet businesses – particularly for the sort of science-based business I…