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Why Founders Should Know How to Code

Steve Blank

Speed keeps cash burn rate down while allowing you to converge on a repeatable and scalable business model. And that he could identify the resources needed, (outsourced contract developers who could build it for him) and he would hire a partner to do so. Having a coder as part of the founding team is essential.

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Stock Market Drops. Then It Rallies. What Happens Next for Funding?

Both Sides of the Table

Companies raised too much money in 2005-08 and had high burn rates. But you’d have to be a pretty heads-down coder to not have noticed the past 2+ weeks in the DJIA. When this period was fresh, in Sept 2009, I wrote a very detailed assessment of what I thought had just happened. tl;dr summary. So no new deals got done.

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