Remove Bootstrapping Remove Customer Development Remove Employee Remove Sales Cycle
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Pricing determines your business

A Smart Bear: Startups and Marketing for Geeks

It’s often said that you shouldn’t talk about price during customer development interviews. Even outliers like WhatsApp (sold for $19b with 55 employees) and Instagram (sold for $1b with 13 employees) raised lots of venture funds. Even bootstrapped businesses can make this work (e.g. Think: GoDaddy).

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Lessons Learned: Validated learning about customers

Startup Lessons Learned

This is why companies often get out-competed by former employees (Palm vs Handspring to name just one), even though the upstart lacks all of the familiar resources, tools, processes, and support they used to have. For more on how this plays into the process of scaling up, see the Customer Creation stage of the customer development model.)

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