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Figuring Out FourSquare

Seeing Both Sides

At the same time, the foursquare team was incredibly skilled at applying lean start-up best practices, specifically: Product-obsessed founders : both Dennis and Naveen were consumed with the product. million in its series A financing and kept the burn rate at less than $100k per month to make he money last. Monetization.

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Busted or Confirmed? 3 Common Myths About Starting A Business

crowdSPRING Blog

Myth #2: You need a lot of money to start. Businesses do require some capital, but this doesn’t mean that every startup has to raise millions of dollars in seed money. It was only in 1998 when Andy Bechtolsheim invested $100,000 in Google, Inc. Lean Business: The Very Model of a Modern Spreadsheet.