VC Cafe
JULY 26, 2020
In fact, they were screaming at them to dramatically reduce their burn rates. Ditch the business plan and when assumptions are proven wrong, pivot Customer Development: Build a product your customers want (vs. Angel investment, which was small to start with, disappeared, and most corporate VCs shut down.
Steve Blank
NOVEMBER 2, 2009
For those of you who have been following the discussion, a Lean Startup is Eric Ries ’s description of the intersection of Customer Development , Agile Development and if available, open platforms and open source. The Customer Development process (and the Lean Startup) is one way to do that.
Both Sides of the Table
NOVEMBER 3, 2009
That died with waterfall software development. Do you really want to spent $100k building a product to discover through Customer Development that the market is too small? Too aggressive about the rate of customer adoption? You might then slow down your burn rate or raise more money.
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