Remove Agile Remove Burn Rate Remove Hiring Remove Startup
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Is the Lean Startup Dead?

Steve Blank

Reading the NY Times article “ Jeffrey Katzenberg Raises $1 Billion for Short-Form Video Venture, ” I realized it was time for a new startup heuristic: the amount of customer discovery and product-market fit you need to find is inversely proportional to the amount and availability of risk capital. He just hired Meg Whitman.

Lean 335
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Is the Lean Startup concept of MVP dead?

VC Cafe

VC’s were no longer insisting that startups spend faster, and “swing for the fences”. In fact, they were screaming at them to dramatically reduce their burn rates. It was a nuclear winter for startup capital.” ” Steve Blank, “Is the lean startup dead?” Maximum Viable Product.

Lean 214
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Startups: Avoid These Inner-Series Mistakes When Scaling Your Business

YoungUpstarts

It’s not uncommon for startups that are laser-focused on fundraising to deprioritize certain challenges. Startups tend to put a premium on being “agile,” but that doesn’t always work – and certainly won’t replace the effective collaboration a business needs to grow. Series B: Hiring and Developing Managers.

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Why Founders Should Know How to Code

Steve Blank

A startup is not just about the idea, it’s about testing and then implementing the idea. This startup was broken at multiple levels. In fact, it wasn’t even a startup. There were three problems with Dave’s startup. A Startup is Not Just About a Good Idea. Coding is the DNA of a Web/Mobile Startup.

Cofounder 336
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Lean Startups aren't Cheap Startups

Steve Blank

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. Over its lifetime a Lean Startup may spend less money than a traditional startup. Lets see why.

Lean 244
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The Customer Development Manifesto: The Startup Death Spiral (part.

Steve Blank

This post describes how following the traditional product development can lead to a “startup death spiral.&# In the next posts that follow, I’ll describe how this model’s failures led to the Customer Development Model – offering a new way to approach startup sales and marketing activities. Now the company is in crisis mode.

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Lessons Learned: Achieving a failure

Startup Lessons Learned

Hire the absolute best and the brightest, true experts in their fields, who in turn can hire the smartest people possible to staff their departments. Bring in an expert CEO with outstanding business credentials and startup experience to focus on relentless execution. Here are a few: We know what customers want.