Startup Lessons Learned

MARCH 27, 2009

The full formula works like this: runway = cash on hand / burn rate # iterations = runway / speed of each iteration Very few successful companies ended up in the same exact business that the founders thought theyd be in (see Founders at Work for dozens of examples). Case Study: Continuous deployment makes releases n.

San Francisco 117

San Francisco Lean Continuous Deployment DC 117

Startup Lessons Learned

MARCH 13, 2009

And even worse, wed cranked up the burn rate in order to be ready to handle all those millions of mainstream customers we anticipated. For example, if your employees are feeling frustrated that they dont get much third-party validation for their work, use a board of advisers to fill that role. We didnt manage todo that yet.

San Francisco 168

San Francisco PR Lean Early Stage 168

Startup Lessons Learned

JANUARY 30, 2009

Insist on the incredibly high-IQ employees and hold them to incredibly high standards. It never generated positive returns for its investors, and most of its employees walked away dejected. The passionate early adopters who flocked to the product at its launch could not sustain this outsized burn rate. What went wrong?

San Francisco 150

San Francisco Lean Agile Continuous Deployment 150