Remove Burn Rate Remove Customer Remove Customer Development Remove Early Stage
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The Customer Development Manifesto: The Startup Death Spiral (part.

Steve Blank

Finally, I’ll write about how Eric Ries and the Lean Startup concept provided the equivalent model for product development activities inside the building and neatly integrates customer and agile development. Three to six months after first customer ship, if Sales starts missing its numbers, the board gets concerned.

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Which Fundraising Round Should You Skip?

View from Seed

Hopefully, by bringing on strong partners early, you will get great advice and support to minimize your overall dilution down the road. They find weak pre-seed investors or angels who are almost predatory in their early stage pricing and add no value. Experienced founders: Consumer.

Dilution 149
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Lean Startups aren't Cheap Startups

Steve Blank

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. And most startup code and features end up on the floor as customers never really wanted them.

Lean 244
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Create Structure out of the Gate and You’ll Thank Yourself Later

Feld Thoughts

Following is his advice to early stage entrepreneurs for creating structure in their company. So, I’ll explain my reasoning through the story of ASC, a fictitious company that has a combination of characteristics I’ve seen across a number of early stage companies. Three months in, the burn is now at $70k/month.

Burn Rate 152
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Customer Development Manifesto: The Path of Warriors and Winners.

Steve Blank

This post describes a solution – the Customer Development Model. In future posts I’ll describe how Eric Ries and the Lean Startup concept provide the equivalent model for product development activities inside the building and neatly integrates customer and agile development.

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Vision versus Hallucination – Founders and Pivots

Steve Blank

It was great to watch him embrace the spirit and practice of customer development. He was constantly in front of customers, listening, selling, installing and learning. I got to spend time inside his company while I was using their software to analyze early-stage ventures. And that’s where the problem was.

Founder 316
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Reinventing the Board Meeting – Part 1 of 2

Steve Blank

As customer and agile development reinvent the Startup, it’s time to ask why startup board governance has not kept up with the pace of innovation. Board meetings that guide startups haven’t changed since the early 1900’s. Why don’t we have standards for what metrics VC’s want to see from their early stage startup teams?