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How much does it cost to build the world’s hottest startups?

The Next Web

However, you could still build an Instagram-like product inexpensively, in the $100,000 to $300,000 range over a three-to-six-month period,” says Werdelin. Founder Kevin Systrom launched Instagram with 25,000 beta users on October 6, 2010; two years later, the app continues to see massive growth, recently reporting 150 million active users.

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Lessons Learned: The lean startup

Startup Lessons Learned

The application of agile development methodologies which dramatically reduce waste and unlock creativity in product development. See Customer Development Engineering for my first stab at articulating the theory involved) Ferocious customer-centric rapid iteration, as exemplified by the Customer Development process.

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Lessons Learned: The three drivers of growth for your business.

Startup Lessons Learned

What those sites have in common (despite their very different audiences) is that something is causing their customers to become addicted to their product, and so no matter how they acquire a new customer, they tend to keep them. For Neopets, its simply a side-effect of their game-like product design. April 23, 2010 in San Francisco.

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Lessons Learned: Customer Development Engineering

Startup Lessons Learned

In a startup, both the problem and solution are unknown, and the key to success is building an integrated team that includes product development in the feedback loop with customers. 2008 09 06 Eric Ries Haas Columbia Customer Development Engineering View SlideShare presentation or Upload your own. Talk about waste.

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Lean Startup fbFund slides and video

Startup Lessons Learned

From my side, i network with many startups all the time, and i am constantly trying to persuade them to adopt the new age mindset, but its often no easy task. The Entrepreneur’s Guide to Customer Development ► June (3) What is a startup? April 23, 2010 in San Francisco. Bring your questions.

Lean 115
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How to listen to customers, and not just the loud people

Startup Lessons Learned

This was 2004, and we had never even heard of MySpace, let alone had any understanding of social networking. It required hearing customers say it over and over again for us to take a serious look, and eventually to realize that social networking was core to our business. April 23, 2010 in San Francisco.

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Building a new startup hub

Startup Lessons Learned

And they expose the startups to a vast network of mentors, none of whom get paid for their involvement. As a result, for a lot of these companies, Boulder is just a gateway to San Francisco. The Entrepreneur’s Guide to Customer Development ► June (3) What is a startup? April 23, 2010 in San Francisco.