Agile Burn Rate PR Product 
Steve Blank
SEPTEMBER 5, 2018
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. ” Fire, Ready, Aim. IPOs dried up.
YoungUpstarts
MAY 20, 2015
The key to this is validation, validation, validation Validate the customer problem, validate the solution your product provides, and validate the opportunity size. Burn rate: Seeing company grow fast is both exciting and overwhelming experience. Scale With Agility. ” – Ian Naylor, AppInstitute.
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Startup Lessons Learned
MARCH 13, 2009
Announce a new product, start its PR campaign, and engage in buzz marketing activities. Marketing launch) Make a new product available to customers in the general public. Product launch) In todays world, there is no reason you have to do these two things at the same time. Establish credibility with potential partners.
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). Were talking PayPal -sized variations.
Startup Lessons Learned
JANUARY 30, 2009
Build a truly mainstream product. Launch with a PR blitz, including mentions in major mainstream publications. Launch with a PR blitz, including mentions in major mainstream publications. Build the product in stealth mode to build buzz for the eventual launch. Everyone had fun; the product worked. Focus on quality.
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