Remove Burn Rate Remove Demand Remove Venture Capital Remove Vertical
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The Customer Development Manifesto: The Startup Death Spiral (part.

Steve Blank

There isn’t a sales problem, the problem is that marketing just did not understand its customers and how to create demand or position the product. She quickly comes to the conclusion that the company’s positioning and marketing strategy were incorrect. Now the VP of Marketing starts sweating.

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Lean Startups aren't Cheap Startups

Steve Blank

In times when venture capital is hard to get, investors extract high costs for failure (down-rounds, cram downs , new management teams, shut down the company.) In times when venture capital is hard to get, investors extract high costs for failure (down-rounds, cram downs , new management teams, shut down the company.)

Lean 257
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Customer Development Manifesto: The Path of Warriors and Winners.

Steve Blank

Customer Development is Low Burn by Design The Customer Development process keeps a startup at a low cash burn rate until the company has validated its business model by finding paying customers.

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25 Best Startup Failure Post-Mortems of All Time

www.chubbybrain.com

If you are an entrepreneur seeking funding, try our free Funding Recommendation Engine to identify a list of angels, venture capital and state grant programs that best match your business. Check out the Brain’s Guide to Angel Investin g and the Brain’s Guide to Venture Capital. It’s free. Get started here.