Remove archive tag money
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The Customer Development Manifesto: Reasons for the Revolution.

Steve Blank

Some firms correctly point out that, “It’s fine if 8 out of 10 of our companies fail if the remaining two return 20x our money. That’s a better return than having 10 out of 10 companies succeed and each return 2x our money. Or at times an even more honest answer, “My senior partners say this is the only way to do it.”

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Raising Money Using Customer Development

Steve Blank

It should go without saying that this post is not advice, nor is it recommendation of what you should do, it’s simply my observation of how companies using Customer Development positioned themselves to successfully raise money from venture investors. If they’re not busy looking at their Blackberry’s/iPhone’s.) How many are there?

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Lean Startups aren't Cheap Startups

Steve Blank

Lean Startups aren’t Cheap Startups A Lean Startup is not about the total amount of money you may spend over the life of your startup. Over its lifetime a Lean Startup may spend less money than a traditional startup. It may end up spending the same amount of money as a traditional startup.

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

Steve Blank

Without the revenue to match its expenses, the company is in now danger of running out of money. In tougher times investors are tighter with their wallets and make the “tossing good money after bad” calculations with a more frugal eye. Blame it On Marketing In the next 3-6 months, a new VP of Sales is hired. Any of this sound familiar?

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Entreprenuer Network

SoCal CTO

Thats right on the money. The articles I cited there around finding co-founders suggests that Ben is on the money. Social Media for Service Professionals LearnTrends Speakers and Topics Accounced Tags not Folders - LinkedIn Saved Profiles Product Management for Startups in Los Angeles – S. in Computer Science.

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Touching the Hot Stove – Experiential versus Theoretical Learning.

Steve Blank

The first few months of my startups were centered around building the founding team, prototyping the product and raising money. I’m convinced that starting a company without talking to customers is like throwing your time and money in the street (unless you’re already a domain expert). I was an idiot.

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The Growth Marketing Process: How to Shake Your Growth Hack Addiction

ConversionXL

Decisions about what actions to take, when to take them, and how much money to spend are made in the blind or based on what may have worked historically.” (via Worse, the idea of golden “growth hacks” is still alive and well… Growth without effort, growth without resources, growth without spending money.