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Lessons Learned: Cash is not king

Startup Lessons Learned

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.

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Lessons Learned: Don't launch

Startup Lessons Learned

And even worse, wed cranked up the burn rate in order to be ready to handle all those millions of mainstream customers we anticipated. Know what the success metrics are for the launch. Case Study: Continuous deployment makes releases n. When they failed to materialize, the company was in big trouble.

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Lessons Learned: Achieving a failure

Startup Lessons Learned

The passionate early adopters who flocked to the product at its launch could not sustain this outsized burn rate. Departments were built and were even metrics-driven. But there was no feedback loop to help the company find the right metrics to focus on. Case Study: Continuous deployment makes releases n.