Startup Lessons Learned

SEPTEMBER 15, 2008

Lessons Learned by Eric Ries Monday, September 8, 2008 The lean startup Ive been thinking for some time about a term that could encapsulate trends that are changing the startup landscape. September 11, 2008 2:06 PM Editor said. September 15, 2008 9:19 PM James said. After some trial and error, Ive settled on the Lean Startup.

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Lean San Francisco Startup Continuous Deployment 168

ReadWriteStart

MARCH 17, 2011

Entrepreneurs from Latin and Central America were given first priority to pitch their businesses at today's roundtable co-hosted by Innova Tiquicia and Startup Weekend Costa Rica. Next week, the 1M/1M roundtable will be co-hosted with TiE Midwest. From 2008 to 2010, Mitra was a columnist for Forbes.

Costa Rica 114

Costa Rica America Silicon Valley Entrepreneur 114

Startup Lessons Learned

APRIL 14, 2009

Lessons Learned by Eric Ries Tuesday, April 14, 2009 Validated learning about customers Would you rather have $30,000 or $1 million in revenues for your startup? All things being equal, of course, you’d rather have more revenue rather than less. And yet revenue alone is not a sufficient goal. More on that in a moment.

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Customer San Francisco Lean Hockey Stick 167

SoCal CTO

MARCH 22, 2007

It seems that four different models of "discussion creation" have occurred: Organice Discussion - someone posts something interesting, lots of bloggers post on the topic, distributed discussion ensues. ► February (2) CTO Founders / Cofounders Part-Time Startup CTO? See Five Things Meme as an example.

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Technical Cofounder Southern California Los Angeles CTO Hire 150

thebarefootvc

DECEMBER 16, 2011

As the world “stabilized” into a new reality post 2008 crash, there was a realization that there has to be a better way of doing business, that we collectively can no longer sacrifice everything in pursuit of profit. However, large companies are recovering from the shock of the 2008 collapse and re-aligning to the New Normal.

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Technical Review India Mobile Hockey Stick 110

Startup Lessons Learned

AUGUST 24, 2009

One is explaining the world as it used to work: the importance of gatekeepers, the scarcity implied by limited distribution, and the resulting quality bar that the industry is so proud of. Mostly it is the time and expense required to create the means of distribution for that industry. What is the right revenue model?

San Francisco 113

San Francisco Lean Technical Review Distribution 113

Both Sides of the Table

JULY 10, 2010

This episode of This Week in Venture Capital featured Michael Montgomery, president of Montgomery & Co. If you don’t know Montgomery & Co it is one of the premier technology & media focused investment banks in the country (and as Michael corrected me they also have a strong Healthcare / Med tech practice). students.

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IPO Venture Capital Private Placement Cofounder 242

Both Sides of the Table

JUNE 18, 2010

Founded in November 2008 by Jack Moffitt and Patrick Mahoney; CEO is Gerry Campbell (ex-AOL, ex-Reuters/OpenCalais). Reportedly, Softbank and Zynga have discussed jointly distributing games through Softbank’s mobile-phone service in Japan and other countries. Competitors: OneRiot , Topsy , Crowdeye , Twitter Summize.

Venture Capital 225

Venture Capital Non-Compete Vertical Europe 225

Hearpreneur

OCTOBER 30, 2018

We had a chance to interview Michael and asked about his story, how he started his business along with this co-founder and the future of MeisterTask. The idea behind MindMeister first came about when my co-founder, Till Vollmer, and I were working together at another tech company. Tell us your story.

Management 55

Management Cofounder Entrepreneur Agile 55

The Next Web

OCTOBER 2, 2013

Founded in 2008, Shanghai-based CooTek is the company behind TouchPal X Keyboard and TouchPal Contacts , which lets you type contact names directly on your smartphone’s dial pad. Distribution and cashflow pose challenges in China. CooTek is Chinese but targeted Western consumers first. Being copied is a huge problem in China.

China 122

China Developer Intellectual Property Mobile 122

Hippoland

JULY 6, 2018

except for 2008-2009, which is another story) But, I think we’re in trouble, Silicon Valley. 1) Silicon Valley / San Francisco is too expensive With the high cost of living in the San Francisco Bay Area these days, a lot startup capital must now go towards founders’ rent. I went to college during the bust. Documentation?

Silicon Valley 48

Silicon Valley San Francisco Portugal Ireland 48

Hippoland

JULY 6, 2018

except for 2008-2009, which is another story) But, I think we’re in trouble, Silicon Valley. 1) Silicon Valley / San Francisco is too expensive With the high cost of living in the San Francisco Bay Area these days, a lot startup capital must now go towards founders’ rent. I went to college during the bust. Documentation?

Silicon Valley 48

Silicon Valley San Francisco Portugal Ireland 48

Jeff Hilimire

AUGUST 30, 2013

Chapter one was Spunlogic , which we sold to Engauge in March 2008. and The Coca-Cola Co., To launch the mobile venture, Cummings is collaborating with Jeff Hilimire , co-founder of digital marketing agency Engauge Marketing. from left: David Cummings, Ryan Tuttle, yours truly. Dragon Army launches.

Atlanta 77

Atlanta B2C Georgia Los Angeles 77

SVPG

SEPTEMBER 30, 2016

They had a couple experienced co-founders, including the now legendary Reed Hastings, but the problem was that they were stuck at about 300,000 customers. To be specific, AdWords is currently 16 years old, and last year alone it generated well over $50B in revenue. Legal wasn't used to distribution via IP enabled devices.

Product 60

Product Technical Review Software Review Engineer 60

Startup Lessons Learned

JULY 11, 2019

She’s also a founding member of All Raise, a non-profit committed to improving diversity in both funders and founders. But when I returned to venture in 2008, I remember wanting to see people who were similar to me in some sense, but I didn’t see that as much as I would've hoped. Let’s move to Floodgate now.

Founder 68

Founder Lean Venture Capital Cofounder 68

abovethecrowd.com

FEBRUARY 27, 2019

Unfortunately, either information asymmetry or physical distances and the resulting distribution costs can both cut against the economic advantages that would otherwise arise for all. With the launch of Airbnb in 2008 and Uber (*) in 2009, these two companies established a new category of marketplaces known as the “sharing economy.”

Internet 88

Internet Matching Vertical Hosting 88

Gust

OCTOBER 20, 2011

In 2011, the valuation of pre-revenue, start-up companies is typically in the range of $1.5–$2.5 Diversification across industry sectors is not as easily achieved for angels as could be accomplished in public markets, but can be achieved by co-investing with trusted angel colleagues in a broader set of businesses. million.

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Valuation Pre-Money Valuation Intellectual Property Technical Review 146

www.readwriteweb.com

OCTOBER 18, 2010

These are areas that may be gaps in the portfolio of large companies, and are perfect for M&A deals in three to five years after building enough validation and $10-$20 million in revenue. Raymond has built a nice business through efficient distribution deals and will do about $250,000 in revenue this year.

Marketing 52

Marketing Bootstrapping Incubator Angel Investor 52

www.readwriteweb.com

OCTOBER 18, 2010

These are areas that may be gaps in the portfolio of large companies, and are perfect for M&A deals in three to five years after building enough validation and $10-$20 million in revenue. Raymond has built a nice business through efficient distribution deals and will do about $250,000 in revenue this year.

Marketing 52

Marketing Bootstrapping Incubator Angel Investor 52

YoungUpstarts

JANUARY 29, 2020

Generally, a new company can’t undercut the established players in terms of pricing or get wider distribution, but a new idea gives you an advantage that money can’t buy. Dylan Taylor co-founded Voyager Holdings in October 2019 in order to provide infrastructure and funding support for start-ups working in the space industry sector.

St. Louis 147

St. Louis Missouri Non-Compete Seattle 147

SoCal CTO

OCTOBER 5, 2010

Why Every Entrepreneur Should Write and 9 Tips To Get Started - OnStartups , September 27, 2010 "The best part of blogging is the people you will meet"- Hugh MacLeod repeating wisdom from Loic Lemeur to me at the Big Pink at 2 am in South Beach after the Future of Web Apps 2008. Why You Should Write. That crazy chicken.

Technology 191

Technology Product San Francisco CTO Hire 191

Professor VC

JUNE 20, 2011

Since the iControl system chronicles all meetings, I was able to find the automatic picture snapped from my first meeting with the founders, Reza Raji and Chris Stevens on April 22, 2004. But of course, the model had us requiring only $10M equity to breakeven and to achieve $185M in revenues in 2008 (the magic Year 5 in all business plans).

San Jose 28

San Jose Angel Investor Term Sheet Venture Capital 28

Startup Lessons Learned

FEBRUARY 10, 2009

Our tests suite takes nine minutes to run (distributed across 30-40 machines). In a lot of cases, thats just a fancy name for revenue or profit, but not always. The high level of our process is dead simple: Continuously integrate (commit early and often). On commit automatically run all tests. If the tests pass deploy to the cluster.

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Continuous Deployment San Francisco Software Review Lean 123

www.foliomag.com

JULY 31, 2012

2008 FOLIO Award Winners. Social media audiences have effectively become another universe of prospects to tap, which means measurement and tracking is essential to yielding from these visitors both direct and indirect revenue. PaidContent.org Founder Launches Travel Media and Data Company. Distribution. Webinars Events.

Social Media 40

Social Media Rhode Island Media South Dakota 40

Startup Lessons Learned

SEPTEMBER 28, 2008

Lessons Learned by Eric Ries Sunday, September 28, 2008 The lean startup comes to Stanford Im going to be talking about lean startups (and the IMVU case in particular) three times in the next two weeks at Stanford. September 28, 2008 6:13 PM Eric said. September 28, 2008 7:26 PM Jeff Hammerbacher said. Can I go to one of them?

Lean 68

Lean San Francisco Continuous Deployment Startup 68

Startup Lessons Learned

SEPTEMBER 13, 2008

Lessons Learned by Eric Ries Saturday, September 13, 2008 SEM on five dollars a day How do you build a new product with constant customer feedback while simultaneously staying under the radar? And one day a remarkable thing happened: we started making more than five dollars a day in revenue. SEM is a simple idea.

SEM 164

SEM San Francisco Lean Continuous Deployment 164

Startup Lessons Learned

SEPTEMBER 29, 2008

Lessons Learned by Eric Ries Monday, September 29, 2008 Q&A with an actual reader One of my favorite things about having a blog is the feedback I get in comments and by email. How to get distribution advantage on the iPhone How to Usability Test your Site for Free The one line split-test, or how to A/B all the tim.

San Francisco 68

San Francisco Lean Continuous Deployment DC 68

Both Sides of the Table

JUNE 12, 2010

Mo was graduated from Wharton, worked in investment banking, spent 6 years at IAC (including in an operational role for Connected Ventures which includes College Humor, Busted T’s and Vimeo) before joining Spark Capital in 2008. We also discussed having distributed teams (e.g. Founded in 2008 by Mehdi Maghsoodnia.

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Venture Capital Los Angeles Oakland Asia 217

Software By Rob

SEPTEMBER 1, 2011

Starting as a tool for one of the founders to update his portfolio, co-founders Spencer Fry, Dave Gorum, and Jason Nelson launched a self-funded, $12 per month plan in 2007, alongside their established free plan. Today, Litmus has had over 30,000 customers, 1 million+ in revenue, and is growing by around 10% a month.

Bootstrapping 78

Bootstrapping Startup Cofounder Salary 78

Hearpreneur

AUGUST 19, 2015

I am founder on an unconventional online gallery, The Art and Craft Gallery. In the summer of 2008, I took a week’s vacation from my full-time job, which I promptly spent holed up in my apartment, sketching out the blueprint for my future business. Thanks to Alexi Venneri, Digital Air Strike ! #6) 6) Abolish a Phenomena.

Entrepreneur 48

Entrepreneur Australia Technical Review Community 48

Startup Lessons Learned

AUGUST 1, 2009

For startups that are tempted to mimic this behavior, I suggest reading the great account of the early Apple in Founders at Work.) Not even if its generating revenue. But they have no clue about how to design, make, distribute and service products that enable them to have experience, that's the company's competence.

San Francisco 166

San Francisco Lean Continuous Deployment DC 166

Startup Lessons Learned

APRIL 7, 2010

When you read stories of successful startups in the popular and business press, you usually hear about how the founders anticipated several of these challenges in their initial vision. Should you charge from day one, testing the revenue model first? What about companies, like Siebel, that started with partner distribution first?

San Francisco 154

San Francisco Lean Metrics Design 154

Seeing Both Sides

SEPTEMBER 15, 2015

This post was co-authored with Omri Stern and originally appeared in Harvard Business Review. As a result, tech-sector employment has declined as a percent of the workforce, from 11% in 2006–2008 to 9% in 2013. The founders have started companies before. More recently, Israeli founders are themselves moving to the U.S.

Cofounder 20

Cofounder Technical Review United States 20

Cracking the Code

OCTOBER 13, 2020

- This article was co-authored with my colleagues Varun Purandare and Candice du Fretay and published initially on Tech.eu. The average revenue multiple is now 17x+, close to 10 times higher than during the 2008 crisis! This led me to launch the SaaS 13 Index in February 2008 while I was at Bessemer.

Europe 71

Europe Cloud Silicon Valley 71

VC Cafe

JULY 6, 2010

To learn more about the product and the founder’s ambitious vision, I interviewed Erez Pilosof, founder and CEO of Libox who also founded and ran Walla! It’s all based on growth and on opening the capabilities of the Libox distribution platform to the community. How are you planning ramp up the revenue?

Media 84

Media Management API HTML 84

Startup Lessons Learned

SEPTEMBER 11, 2009

This single decision wound up costing the company significant revenue and over the course of several months sent its customer growth into decline. As a founder of a company, there is nothing more painful than to see your most loyal and devoted customers suffering. That is what company founders and staff do not get.

Community 158

Community Management Lean Software Review 158

pandodaily.com

NOVEMBER 29, 2012

“Founders don’t think their problems are due to trends. And in fact, overall trends are a second-order effect for founders.” “The real winners here are going to be the seed funds and early stage VCs that can write a $1 million to $2 million check,” says AngelList co-founder Naval Ravikant.

Technical Review 93

Technical Review Silicon Valley Incubator Syria 93