Burn Rate Hiring Lean Startup 
Steve Blank
SEPTEMBER 5, 2018
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. He just hired Meg Whitman.
VC Cafe
JULY 26, 2020
VC’s were no longer insisting that startups spend faster, and “swing for the fences”. In fact, they were screaming at them to dramatically reduce their burn rates. It was a nuclear winter for startup capital.” ” Steve Blank, “Is the lean startup dead?” Maximum Viable Product.
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YoungUpstarts
AUGUST 31, 2019
As a startup founder with a fledgling business, the goal is to reduce/eliminate as many risk variables as possible in order to give your young startup an unimpeded runway to fly to new heights. Start Lean. Most startups fail. As tempting as it can be to do everything at once, be patient and start lean. .
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. Over its lifetime a Lean Startup may spend less money than a traditional startup. Lets see why.
Steve Blank
SEPTEMBER 3, 2014
A startup is not just about the idea, it’s about testing and then implementing the idea. This startup was broken at multiple levels. In fact, it wasn’t even a startup. There were three problems with Dave’s startup. A Startup is Not Just About a Good Idea. Coding is the DNA of a Web/Mobile Startup.
Mucker Lab
MAY 28, 2020
Like a teenager with a million-dollar allowance and an identity crisis, a startup with too much capital and no product-market fit will become capable of making larger mistakes. As an investor, I root for startups. Startups flush with cash often do the opposite – they jump out of the plane, and then test the parachute as they free fall.
Startup Professionals Musings
JULY 4, 2021
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”). Lack of communication.
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