Silicon Valley legend Steve Blank explains the Lean Startup

Financial Post | Business

One of entrepreneurship’s most influential thought leaders is Steve Blank, a former Silicon Valley serial entrepreneur who cashed out in the dot-com boom and then thought hard about what made him successful. He concluded that no one really understood what startups do. His work led to three books, teaching gigs at Stanford, Berkeley and Columbia, and the Lean Startup, a concept that has altered the way we think about business development.

Live via satellite, Blank was a keynote speaker at last week’s Discovery conference in Toronto hosted by Ontario Centres of Excellence, a government-funded agency that promotes innovation and commercialization. OCE asked me to conduct the interview with Blank, an experience that left me sitting alone on a massive stage, in front of a giant video screen and 2,500 entrepreneurs, bureaucrats and business advisors.

With his experience, insight, and sense of humour, Blank literally changed people’s perception of the startup…

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