The Next Web
DECEMBER 2, 2013
With the existing product in mind, the $500,000 would be broken out evenly over the nine months with the first two months dedicated to design, specifically user architecture, brand and polish design. You just have to figure out the architectural structure, which would take approximately four to six months.”. 4) WhatsApp.
Steve Blank
AUGUST 27, 2012
Other weeks Yuri would be buffeted by the realities of his burn rate, declining bank account and depressing comments from customers. And the rule was we weren’t changing anything about the product architecture until Ben and I agreed. Or by then other customers would tell us something quite different.
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Professor VC
FEBRUARY 12, 2008
I was previously a founder of Bizmetric in 2000 (your firm chose not to invest) and am now working on a startup using 3D architectural visualization for green building. Steve, I was pleasantly surprised to find your blog when researching startup financing. I would really appreciate your advice and would like to meet with you if possible.
Startup Lessons Learned
JULY 6, 2020
So, if you think of building a skyscraper starting from really simple architectural materials. The current burn rate wouldn't last us very long, and we are committing all our resources now because we think that we don't do it now, we don't do it ever. Eric Ries : What are the materials in this case? Give us some examples.
Startup Lessons Learned
JANUARY 30, 2009
Even though some aspects of the product were eventually vindicated as good ones, the underlying architecture suffered from hard-to-change assumptions. Even a great architecture becomes inflexible. The passionate early adopters who flocked to the product at its launch could not sustain this outsized burn rate.
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