Remove Burn Rate Remove Community Remove Customer Development Remove Hiring
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Create Structure out of the Gate and You’ll Thank Yourself Later

Feld Thoughts

The investors, founders, and “community” are all super excited about ASC. They close on the $750k, hire a buddy or two, buy some Macs, and get to work. Things start to get a little fuzzy in terms of priorities, but not to fret, the new office is coming along really well with all of the hiring! There is $350k left in the bank.

Burn Rate 152
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And then you flip the big red switch

The Startup Toolkit

We, as a community, spend a lot of time encouraging ourselves to be more careful, more cautious, to gather more evidence. Similarly, I think that working nights & weekends is an awesome way to start doing customer development and answering the big questions about your business. 2] Data via the startup genome project. [3]

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The Secret History of Silicon Valley Part V: Happy 100th Birthday.

Steve Blank

Berkeley Haas Business School was courageous enough to give me a forum teach the Customer Development Methodology. In ten years, from the early 1950′s to the early 1960′s, the valley went through a hiring frenzy as jobs in microwave companies went from 700 to 7,000. to do that.