Steve Blank

JUNE 1, 2011

As customer and agile development reinvent the Startup, it’s time to ask why startup board governance has not kept up with the pace of innovation. The only numbers in those documents that are important in the first year of a startup’s life are burn rate and cash balance. There are none so blind as those who will not see.

Silicon Valley 290

Silicon Valley Business Model Venture Capital Balance Sheet 290

Steve Blank

SEPTEMBER 7, 2009

Finally, I’ll write about how Eric Ries and the Lean Startup concept provided the equivalent model for product development activities inside the building and neatly integrates customer and agile development. Isso sem mencionar que, dependendo do problema, em alguns casos fica bastante difícil “voltar atrás&#.

Customer Development 224

Customer Development Developer Customer Silicon Valley 224

Steve Blank

JUNE 1, 2011

As customer and agile development reinvent the Startup, it’s time to ask why startup board governance has not kept up with the pace of innovation. The only numbers in those documents that are important in the first year of a startup’s life are burn rate and cash balance. There are none so blind as those who will not see.

Silicon Valley 258

Silicon Valley Business Model Venture Capital Balance Sheet 258

Steve Blank

AUGUST 27, 2012

Tossing their agile development process and at times their entire business model in the air, the company would go into fire-drill mode and engineering would start working on whatever his latest insight was. Other weeks Yuri would be buffeted by the realities of his burn rate, declining bank account and depressing comments from customers.

Founder 316

Founder Cofounder Advisory Board Burn Rate 316

This is going to be BIG.

MARCH 1, 2010

There are user groups, gaming meetups, meetups in security or agile development—lots of places entrepreneurs rarely tread. If you want to build your startup in the middle of nowhere and optimize purely for low burn rate, then sure, I’m sure you could work more cheaply elsewhere. How about doing what Gilt Groupe did?

New York City 113

New York City New York Startup Burn Rate 113

VC Cafe

JULY 26, 2020

In fact, they were screaming at them to dramatically reduce their burn rates. Agile Development: launch an MVP early and iterate quickly. Angel investment, which was small to start with, disappeared, and most corporate VCs shut down. VC’s were no longer insisting that startups spend faster, and “swing for the fences”.

Lean 214

Lean Seed Capital Startup Burn Rate 214

Eric Friedman

NOVEMBER 8, 2011

In the world of web startups, you can hire individuals and try to make the team hum, or you can buy an agile group that you know can perform. Hire 2 people per month ~ $100K/month/per person across 12 months is 24 people at a $2.4MM burn rate. Hiring Option. You get a stellar group that takes approx. 2 months per person.

Burn Rate 90

Burn Rate Agile Equity Hiring 90

ReadWriteStart

JUNE 13, 2011

As customer and agile development reinvent the startup, it's time to ask why startup board governance has not kept up with the pace of innovation. The only numbers in those documents that are important in the first year of a startup's life are burn rate and cash balance.

Silicon Valley 117

Silicon Valley Balance Sheet Metrics Early Stage 117

Steve Blank

SEPTEMBER 17, 2009

In future posts I’ll describe how Eric Ries and the Lean Startup concept provide the equivalent model for product development activities inside the building and neatly integrates customer and agile development. A few successful ones do all these things. But if you have a web based product the right answer may be 300-500. Thank you, Steve.

Customer Development 242

Customer Development Developer Customer Silicon Valley 242

Up and Running

OCTOBER 1, 2014

Nelson has some tips: Know your burn rate. If not, be agile enough to change direction and re-focus,” Nelson advises. When you’re starting a business to build your own luck, you don’t often have a lot of start up capital. How do you balance it all?

Bootstrapping 107

Bootstrapping Cofounder Portland Burn Rate 107

Steve Blank

NOVEMBER 2, 2009

For those of you who have been following the discussion, a Lean Startup is Eric Ries ’s description of the intersection of Customer Development , Agile Development and if available, open platforms and open source. And most startup code and features end up on the floor as customers never really wanted them.

Lean 244

Lean Silicon Valley Startup RSS 244

Startup Lessons Learned

MARCH 27, 2009

The full formula works like this: runway = cash on hand / burn rate # iterations = runway / speed of each iteration Very few successful companies ended up in the same exact business that the founders thought theyd be in (see Founders at Work for dozens of examples). Combining agile development with customer developm.

San Francisco 117

San Francisco Lean Continuous Deployment DC 117

Steve Blank

MAY 15, 2009

The Curse of a New Building At some point in my career as I began to ponder how/why startups morph from agile, “can do&# companies to [.] [.] I think there’s a size and scale where regardless of your intentions lean and agile won’t work (looking like a grandmother in a miniskirt.) A VERY nice office.

Silicon Valley 205

Silicon Valley RSS Lean Agile 205

Steve Blank

APRIL 20, 2009

Another piece of trivial: the road that is the side-entrance (during business hours) to Agilent Corporation HQ in Santa Clara is named “Terman Lane&# after Terman. Agilent, of course, was once Hewlett-Packard’s Test & Measurement, Chemical, Components and Medical organizations. to do that. to do that.

Silicon Valley 270

Silicon Valley RSS San Francisco Technical Review 270

Startup Lessons Learned

MARCH 13, 2009

And even worse, wed cranked up the burn rate in order to be ready to handle all those millions of mainstream customers we anticipated. Combining agile development with customer developm. Worse, we tricked ourselves into thinking that what the press said about our success was actually true. Expo SF (May.

San Francisco 168

San Francisco PR Lean Early Stage 168

Startup Lessons Learned

JANUARY 30, 2009

This is why agility is such a prized quality in product development. The passionate early adopters who flocked to the product at its launch could not sustain this outsized burn rate. Labels: agile , customer development 5comments: William Pietri said. Even a great architecture becomes inflexible. We can skip the chasm.

San Francisco 150

San Francisco Lean Agile Continuous Deployment 150