Remove Burn Rate Remove Customer Remove Lean Remove Metrics
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Is the Lean Startup Dead?

Steve Blank

Reading the NY Times article “ Jeffrey Katzenberg Raises $1 Billion for Short-Form Video Venture, ” I realized it was time for a new startup heuristic: the amount of customer discovery and product-market fit you need to find is inversely proportional to the amount and availability of risk capital. It’s the antithesis of the Lean Startup.

Lean 335
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Which Fundraising Round Should You Skip?

View from Seed

As a first time founder, having a few million dollars in the bank after a successful seed raise may seem like a huge amount of capital, and it’s easy to lose discipline around your burn rate. Unlike in B2B, you don’t necessarily want to use a second-seed round to get to metrics that every investor will appreciate.

Dilution 149
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8 Startup Excesses Which Will Jeopardize The Business

Startup Professionals Musings

Waste in a startup is any activity that burns resources, but creates no value or competitive advantage in the eyes of customers. Much has been written about this subject in the world of manufacturing, stemming primarily from the 1990’s work by Taiichi Ohno, called the Toyota Production System (“Lean”).

Startup 404
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Create Structure out of the Gate and You’ll Thank Yourself Later

Feld Thoughts

They need to raise money before building anything substantial after determining that they needed a little dough to follow the Lean Startup methodology. Early customer development talks are going great which keeps the team really excited. Three months in, the burn is now at $70k/month. Heads down on product, they say.

Burn Rate 152
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Blue Collar VC

Mucker Lab

Every week, we speak with entrepreneurs who feel like they have solid metrics and growth, but they see other founders effortlessly raise millions of dollars with nothing more than an impressive PowerPoint deck. The ones who spend more time with their customers than on Twitter. We understand. The underdogs. The dogged visionaries.

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Startups and financial models for SAAS companies

BeyondVC

Given my experience with SAAS based companies like GoToMyPC (Citrix Online now) and LivePerson (Nasdaq: LPSN), we also spent some time discussing key financial metrics for SAAS businesses that he should pay attention to as he ramped up his business.

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Dragons, Bootstrapping and Women in Tech

Up and Running

Statdragon is a Saas platform that allows businesses to access and analyze metrics about their existing videos and optimize their video marketing strategy. Nelson has some tips: Know your burn rate. Keep customers at the forefront, and listen to them. Their latest product, Statdragon, launched just last week.