Steve Blank

NOVEMBER 2, 2009

For those of you who have been following the discussion, a Lean Startup is Eric Ries ’s description of the intersection of Customer Development , Agile Development and if available, open platforms and open source. Over its lifetime a Lean Startup may spend less money than a traditional startup.

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Both Sides of the Table

JUNE 22, 2011

New investors hate down rounds. Huge structural under-employment in much of the country and full employment in some niche tech markets where it’s impossible to hire developers, designers or sales professionals. So I’m not advocating panic or a need to rush your funding round. Get funded now, if you can.&#.

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Saudi Arabia Valuation IPO Technical Review 309

The Equity Kicker

JANUARY 22, 2014

To meet growth and revenue targets, you hire and spend like never before. You rush a few key hires, overbuild the team, ramp marketing spend. You fall into the spiral of death: head of sales gets replaced (at least once), CEO gets replaced (at least once), a down-round financing happens (if lucky).

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Venture Capital Down Round Valuation Lean 102

Reid Hoffman

JUNE 8, 2021

And I hired a COO, Belinda Johnson , and she said, “No, if people don’t like you, you should meet with them.” We can either try to step forward and be progressive and really try to lean forward, or we can get dragged in the future. And I made a decision not to do an equity round, because I thought it would be a down round.

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Silicon Valley Hosting Rhode Island Design 69

Reid Hoffman

JUNE 8, 2021

And I hired a COO, Belinda Johnson , and she said, “No, if people don’t like you, you should meet with them.” We can either try to step forward and be progressive and really try to lean forward, or we can get dragged in the future. And I made a decision not to do an equity round, because I thought it would be a down round.

Silicon Valley 36

Silicon Valley Hosting Rhode Island Design 36