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

The Next Web

Henrik Werdelin , the Managing Partner of Prehype , a venture development firm based in New York City that has helped build companies like Tradable , Barkbox , FancyHands , Basno and Path , says recreating Twitter isn’t necessarily difficult, but the layered features will take time to get right. 1) Twitter. 7) Shopify.

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Lessons Learned: The lean startup

Startup Lessons Learned

In recent years, weve also got great new options all up and down the stack, in particular things like Amazon EC2 and RightScale (none of which would be possible without the free software movement). The application of agile development methodologies which dramatically reduce waste and unlock creativity in product development.

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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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Lessons Learned: Lo, my 5 subscribers, who are you?

Startup Lessons Learned

For companies in the early-adopter phase, you can play "the earlyvangelist game" whenever a customer turns out to be too mainstream for your product. Pick a similar product that they do use, and ask them "who was the first person you know who started using [social networking, mobile phones, plasma TV, instant messaging.]?

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For Startups, How Much Process Is Too Much? (for Harvard Business.

Startup Lessons Learned

High-profile startup Friendster had first-mover advantage in the social networking space, but created openings for competitors when it could not scale to meet demand. High-profile startup Friendster had first-mover advantage in the social networking space, but created openings for competitors when it could not scale to meet demand.

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Support the Startup Founders Visa with a tweet

Startup Lessons Learned

Recently, hes been engaged in a customer validation exercise around a new concept for a political action-oriented social network. Recently, hes been engaged in a customer validation exercise around a new concept for a political action-oriented social network. April 23, 2010 in San Francisco.

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Lessons Learned: CPI > CPC

Startup Lessons Learned

This model has not translated well to the world of social networking, because customers of social networks engage sites in a different way than customers of search engines. Social network page views are much more likely to be internally focused; ads are more of a distraction. April 23, 2010 in San Francisco.