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Is the Lean Startup Dead?

Steve Blank

These bubble startups were actually guessing at their business model and did premature and aggressive hype and early company launches and had extremely high burn rates – all predicated on an IPO to raise more cash. Startups with huge burn rates – building leases, staff, PR and advertising – ran out of money.

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Twitter Link Roundup #240 – Small Business, Startups, Innovation, Social Media, Design, Marketing and More

crowdSPRING Blog

What is the Right Burn Rate at a Startup Company? | Benchmarking SaaS Startup Efficiency with Revenue per Employee Metrics | by @ttunguz – crowdspring.co/1sRVdjm. Why You Should Find Product-Market Fit Before Sniffing Around For Venture Money | Co.Labs – crowdspring.co/1sRVsv5. by @msuster – crowdspring.co/1qKWc0z.

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These Innocent Hiring Mistakes Can Kill Your Startup

Transformify

Their investors may push them into that direction too, as the high burn rate is often seen as a prerequisite for high growth. You don’t have the right people on board, you are burning cash and the work is not done, at its worst, your product is already live and you are losing clients due to software bugs and poor user experience.

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Twitter Link Roundup #238 – Small Business, Startups, Innovation, Social Media, Design, Marketing and More

crowdSPRING Blog

Refocusing the Startup Burn Rate Debate | OpenView Blog – crowdspring.co/1n8paLq. Stock option questions startup employees should ask | Business Insider – crowdspring.co/1n8lUje. React – crowdspring.co/1yHa1WB. The Most Innovative Companies Don’t Worry About Consensus | by Maxwell Elliot, HBR – crowdspring.co/Z7pWNt.

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Twitter Link Roundup #247 – Small Business, Startups, Innovation, Social Media, Design, Marketing and More

crowdSPRING Blog

Don’t Get Burned by Your Burn Rate – crowdspring.co/159KKrk. When You Give Your Team a Goal, Make It a Range – crowdspring.co/1yINX9Z. 7 Simple Ways to Appreciate your Team (and Boost Performance) – crowdspring.co/1veUNVr. 13 Things Startup Founders Aren’t Thankful For – crowdspring.co/1B6KrdY.

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Twitter Link Roundup #235 – Small Business, Startups, Innovation, Social Media, Design, Marketing and More

crowdSPRING Blog

Are startup burn rates out of control? Be Honest: Are You Really The Best Boss for Your Business by Howard Tullman – crowdspring.co/1u86ES3. 12 Qualities To Look For In A Co-Founder – crowdspring.co/1m97mzy. How Everything We Tell Ourselves About How Busy We Are Is A Lie | Fast Company – [link] crowdspring.co/1uH6HVo.

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Lessons Learned: Don't launch

Startup Lessons Learned

Announce a new product, start its PR campaign, and engage in buzz marketing activities. Even if you must launch to your customers, avoid the urge to also launch in extra places, just because your PR firm can do it at the same time. If you are having trouble raising money, sometimes a little PR can help. Help you raise money.