Steve Blank
SEPTEMBER 5, 2018
Given the stock market was buying “the story and vision” of anything internet, inflated expectations were more important than traditional metrics like customers, growth, revenue, or heaven forbid, profits. Startups wrote business plans, generated expansive 5-year forecasts and executed (hired, spent and built) to the plan.
Steve Blank
JULY 11, 2016
Especially difficult were the days after the Internet bubble burst: 2001 was a staggering blow to technology. Looking back, she realizes she had a too-rosy view of what doing a startup would be like: I wish I had a better appreciation for how difficult it would be to accurately forecast where I’d be 12 months or 18 months from now.
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