Remove Burn Rate Remove Hiring Remove Lean Remove Silicon Valley
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Is the Lean Startup Dead?

Steve Blank

He just hired Meg Whitman. It’s the antithesis of the Lean Startup. Startups wrote business plans, generated expansive 5-year forecasts and executed (hired, spent and built) to the plan. Startups with huge burn rates – building leases, staff, PR and advertising – ran out of money. And it may work.

Lean 335
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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. Blame it On Marketing In the next 3-6 months, a new VP of Sales is hired. innovation.

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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. Over its lifetime a Lean Startup may spend less money than a traditional startup.

Lean 264
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The Secret History of Silicon Valley Part V: Happy 100th Birthday.

Steve Blank

The Man Who Shot Liberty Valance I always had been curious about how Silicon Valley, a place I had lived and worked in, came to be. The Man Who Shot Liberty Valance I always had been curious about how Silicon Valley, a place I had lived and worked in, came to be. How did Silicon Valley start?

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The Curse of a New Building « Steve Blank

Steve Blank

We hired an interior designer and a great facilities person to manage the process. However, I’ve seen this story repeated time and again, and not just in Silicon Valley. Stay hungry, stay lean. I don’t want to be hungry and lean (nor do I want to be full and fat). Don’t let it happen to you.

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Lessons Learned: Don't launch

Startup Lessons Learned

And even worse, wed cranked up the burn rate in order to be ready to handle all those millions of mainstream customers we anticipated. In fact, we often felt frustrated when new startups with a fraction of our success got terrific write-ups in Silicon Valley-centric venues. Expo SF (May. for Harvard Business Revie.

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25 Best Startup Failure Post-Mortems of All Time

www.chubbybrain.com

Post-Mortem Title : My eHarmony for Hiring Failure. – made compromises in early hiring decisions – choose expediency over talent/competency. Hiring is hard, and without proper experience, we should have leaned more heavily on our investors to help us with this decision. I realized that money was not the issue.