Steve Blank
SEPTEMBER 5, 2018
A version of this article first appeared in the Harvard Business Review. 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. Then the cycle repeats with a new set of technologies. Then one day it was over.
crowdSPRING Blog
SEPTEMBER 19, 2014
Inside the Mind of a Technical Founder | OpenView Blog by Larry Kim – crowdspring.co/1u7Fz1b. Are startup burn rates out of control? Livescribe Notebooks by Moleskine marry analog and digital technology – crowdspring.co/1lYTFTX. The Myth of Venture Capital | Re/code by Jon Oringer – crowdspring.co/1tNFeV7.
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Startup Lessons Learned
JANUARY 30, 2009
Build a world-class technology platform, with patent-pending algorithms and the ability to scale to millions of simultaneous users. Launch with a PR blitz, including mentions in major mainstream publications. As far as I know, there are no products that are immune from the technology life cycle adoption curve. Fail faster.
www.chubbybrain.com
SEPTEMBER 28, 2011
Also worth a read after you review these startup failure post-mortems. A month ago, half way through my angel funds raised from family members, I decided to review the progress I’ve made and figure out what still needs to happen to make this a viable business. Too much PR, too early. We focused too much on technology.
Transformify
AUGUST 27, 2017
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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