With the launching of Facebook’s $100 billion IPO bid and their stunning $1 billion purchase of the photosharing app Instagram, we have clearly hit a new high in tech excitement. But at a time when other tech launches, including Linked In, have recently come back earth, how excited should we be? And what should we be looking for next? Steve Blank has sat on the boards of no fewer than five start-ups, including Macrovision, Immersion and E.piphany. He also lectures on Entrepreneurship at UC Berkeley’s Haas School of Business, and he joins us now. (Originally broadcast 5-12-12 on The John Batchelor Show)
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