Remove Burn Rate Remove Lean Remove PR Remove Revenue
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Is the Lean Startup Dead?

Steve Blank

It’s the antithesis of the Lean Startup. Tech IPO prices exploded and subsequent trading prices rose to dizzying heights as the stock prices became disconnected from the traditional metrics of revenue and profits. Startups with huge burn rates – building leases, staff, PR and advertising – ran out of money.

Lean 335
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Lessons Learned: Cash is not king

Startup Lessons Learned

In lean times, it’s most important to focus on cutting costs in ways that speed you up, not slow you down. Journalists, PR firms, investors, and the public at large love a scrappy come-from-behind story about two guys in a garage who figured out how to take down Goliath. Were talking PayPal -sized variations.

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25 Best Startup Failure Post-Mortems of All Time

www.chubbybrain.com

spent $20 million to get back to the same revenue that I had when I was CEO. created a vastly higher cost structure; I had 80 people mostly on base salaries under $100,000 and was bringing in revenue at the rate of $20 million annually. .”). Too much PR, too early. During this year they. Too much money.