Startup Lessons Learned

JANUARY 30, 2009

Worse was the large staff in departments appropriate to a mainstream-scale product, especially in customer service and QA. The passionate early adopters who flocked to the product at its launch could not sustain this outsized burn rate. We can capitalize on new customers. Take a look and let me know what you think.

San Francisco 150

San Francisco Lean Agile Continuous Deployment 150

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). Were talking PayPal -sized variations.

San Francisco 117

San Francisco Lean Continuous Deployment DC 117

Steve Blank

JUNE 1, 2011

Silicon Valley, New York). Rather than invent a new form of corporate governance, venture investors adopted the traditional board meeting structure from large corporations. The only numbers in those documents that are important in the first year of a startup’s life are burn rate and cash balance. Here’s how.

Silicon Valley 295

Silicon Valley Business Model Venture Capital Balance Sheet 295

Steve Blank

JUNE 1, 2011

Silicon Valley, New York). Rather than invent a new form of corporate governance, venture investors adopted the traditional board meeting structure from large corporations. The only numbers in those documents that are important in the first year of a startup’s life are burn rate and cash balance. Here’s how.

Silicon Valley 266

Silicon Valley Business Model Venture Capital Balance Sheet 266

Startup Lessons Learned

MARCH 13, 2009

Do some Customer Development instead. New York Times, Wall Street Journal, CNN, the works. The product didnt convert well enough, the mainstream customers we were driving werent ready for the concept, and the event fed expectations about how successful the product was going to be that turned out to be hyper-inflated.

San Francisco 168

San Francisco PR Lean Early Stage 168

ReadWriteStart

JUNE 13, 2011

Silicon Valley, New York). Steve Blank is a retired serial entrepreneur, educator, thought leader and creator of the rigorous "Customer Development" methodology that helps startups optimize their chances for success while reducing risk. Here's how.

Silicon Valley 117

Silicon Valley Balance Sheet Metrics Early Stage 117