Remove IPO Remove Product Development Remove Revenue Remove Software
article thumbnail

Innovation, Change and the Rest of Your Life

Steve Blank

And to today, when its major product is simply innovation. And I’ve been lucky enough to watch innovation happen not only in hardware and software but in Life Sciences – in Therapeutics, Medical Devices, Diagnostics and now Digital Health. The second thing that’s changed is that we’re now Compressing the Product Development Cycle.

Restful 227
article thumbnail

What Founders Need to Know: You Were Funded for a Liquidity Event – Start Looking

Steve Blank

But startups require money upfront for product development and later to scale. This happens when you either sell your company ( M&A ) or go public (an IPO.) For example, in your industry do companies build value the old fashion way by generating revenue? If so, how is the revenue measured? ——-.

Insiders

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

article thumbnail

Lessons Learned: Validated learning about customers

Startup Lessons Learned

Lessons Learned by Eric Ries Tuesday, April 14, 2009 Validated learning about customers Would you rather have $30,000 or $1 million in revenues for your startup? All things being equal, of course, you’d rather have more revenue rather than less. And yet revenue alone is not a sufficient goal.

Customer 167
article thumbnail

Lessons Learned: The lean startup

Startup Lessons Learned

But by taking advantage of open source, agile software, and iterative development, lean startups can operate with much less waste. I am heavily indebted to earlier theorists, and highly recommend the books Lean Thinking and Lean Software Development. Of course, many startups are capital efficient and generally frugal.

Lean 168
article thumbnail

Lessons Learned: Work in small batches

Startup Lessons Learned

Lessons Learned by Eric Ries Friday, February 20, 2009 Work in small batches Software should be designed, written, and deployed in small batches. I owe it originally to lean manufacturing books like Lean Thinking and Toyota Production System. For software, the easiest batch to see is code. This is easiest to see in deployment.

article thumbnail

5 Financial Concepts Every Startup Founder Should Know

The Startup Magazine

Compounding is the ability of an asset to generate earnings that are reinvested in order to generate exponential revenue growth. It has never paid out dividends, and clocks around $200 billion in revenue. This differential is often referred to as “Goodwill” and it is an idea plays out a lot in the software market.

Founder 117
article thumbnail

Lessons Learned: Continuous deployment and continuous learning

Startup Lessons Learned

You cant make these global efficiency improvements until you get clear about the goal of your development process. That leads to a seemingly-obvious question: what is progress in software development? In a lot of cases, thats just a fancy name for revenue or profit, but not always. If a feature worked, wed keep it.