Remove Founder Remove Open Source Remove Seed Capital Remove Software Developers
article thumbnail

Innovation, Change and the Rest of Your Life

Steve Blank

The founders were simply wrong about their assumptions about customer needs. It turns out the term “visionary founder” was usually a synonym for someone who was hallucinating. Founders Need to Run the Company Longer. So, almost like clockwork 20 th century startups fired the innovators/founders when they scaled.

Restful 222
article thumbnail

When It’s Darkest Men See the Stars

Steve Blank

The founders were simply wrong about their assumptions about customer needs. A company developing software would have to buy computers and license software from other companies and hire the staff to run and maintain it. The emergence of incubators and super angels have dramatically expanded the sources of seed capital.