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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. It’s the antithesis of the Lean Startup.

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Use agile budgeting to manage your cash

David Teten

However, in a startup the most common scenario is that projections get missed. So here’s the solution I have recommended to some of my portfolio companies: “ agile budgeting ”, i.e., monitoring a few key variables while giving managers significant flexibility. Entrepreneur Jeff Magnusson provides a sample agile budgeting workbook.

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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. by Everett Harper, CEO and cofounder of Truss.

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Customer Development for Web Startups

Steve Blank

Customer Development is a technique startups use to quickly iterate and test each part of their business model. Ash Maurya , the CEO of WiredReach, has extended my work by building a model of Customer Development for Web Startups. Go read both of his posts on Discovery and Validation for web startups.

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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.

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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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Five common misconceptions about building a startup in New York City

This is going to be BIG.

Here’s my best attempt to shed some light on the most common misconceptions about building a company here in NYC: Misconception #1: There’s no money in NYC for startups… and the money that’s here isn’t smart or experienced money. Should they work on your “real time” web startup or write code that processes a million trades a minute?