Remove 2010 Remove Burn Rate Remove Revenue Remove Vertical
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The Customer Development Manifesto: The Startup Death Spiral (part.

Steve Blank

Instead of a Sales team and organized to sell with a consistent and successful sales roadmap generating revenue, it is a disorganized and unhappy organization burning lots of cash. Because the company based its headcount and expenses on the expectation that the Sales organization will bring in revenue according to plan.

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Lean Startups aren't Cheap Startups

Steve Blank

And I can even imagine cases where it might burn more cash than a traditional startup. The key contributors to an out-of-control burn rate is 1) hiring a sales force too early, 2) turning on the demand creation activities too early, 3) developing something other than the minimum feature set for first customer ship. Lets see why.

Lean 250
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25 Best Startup Failure Post-Mortems of All Time

www.chubbybrain.com

October 3rd, 2010 the Chubby Team 48 Comments. spent $20 million to get back to the same revenue that I had when I was CEO. created a vastly higher cost structure; I had 80 people mostly on base salaries under $100,000 and was bringing in revenue at the rate of $20 million annually. .”). Investors Companies.