Steve Blank

SEPTEMBER 5, 2018

It’s the antithesis of the Lean Startup. These bubble startups were actually guessing at their business model and did premature and aggressive hype and early company launches and had extremely high burn rates – all predicated on an IPO to raise more cash. The Rise of the Lean Startup. And it may work. IPOs dried up.

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VC Cafe

JULY 26, 2020

In fact, they were screaming at them to dramatically reduce their burn rates. ” Steve Blank, “Is the lean startup dead?” ” The Lean Startup movement started out of necessity. Agile Development: launch an MVP early and iterate quickly. It was a nuclear winter for startup capital.”

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

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Steve Blank

SEPTEMBER 3, 2014

As the miles sped by I explained to Dave that he had understood only two of the three parts of what makes a Lean Startup successful. Speed keeps cash burn rate down while allowing you to converge on a repeatable and scalable business model. In a startup building MVP’s is what turns theory into practice.

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Steve Blank

FEBRUARY 25, 2010

Agile Development is the way startups quickly iterate their product as they learn. A Lean Startup is Eric Ries’s description of the intersection of Customer Development, Agile Development and if available, open platforms and open source.

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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.

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Startup Lessons Learned

MARCH 27, 2009

In lean times, it’s most important to focus on cutting costs in ways that speed you up, not slow you down. To increase the number of iterations you have left, you can either increase cash on hand (by raising money or increasing revenues), reduce burn rate, or increase the speed of each iteration. Work in small batches.

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