Remove Cash Position Remove Hiring Remove Lean Remove Product Development
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Create Structure out of the Gate and You’ll Thank Yourself Later

Feld Thoughts

One of them used to be a lead developer at [insert hot consumer tech company here]. They need to raise money before building anything substantial after determining that they needed a little dough to follow the Lean Startup methodology. They close on the $750k, hire a buddy or two, buy some Macs, and get to work.

Burn Rate 152