Remove Agile Remove Burn Rate Remove Founder Remove Web
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Why Founders Should Know How to Code

Steve Blank

I was driving home from the BIO conference in San Diego last month and had lots of time for a phone call with Dave, an ex student and now a founder who wanted to update me on his Customer Discovery progress. His inability to attract a co-founder who could code was a troubling sign. Coding is the DNA of a Web/Mobile Startup.

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Customer Development for Web Startups

Steve Blank

Ash Maurya , the CEO of WiredReach, has extended my work by building a model of Customer Development for Web Startups. Go read both of his posts on Discovery and Validation for web startups. Your job as a founder is to quickly validate whether the model is correct by seeing if customers behave as your model predicts.

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Lean Startups aren't Cheap Startups

Steve Blank

For those of you who have been following the discussion, a Lean Startup is Eric Ries ’s description of the intersection of Customer Development , Agile Development and if available, open platforms and open source. And most startup code and features end up on the floor as customers never really wanted them.

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Lessons Learned: Achieving a failure

Startup Lessons Learned

This is why agility is such a prized quality in product development. The passionate early adopters who flocked to the product at its launch could not sustain this outsized burn rate. I know of at least five former employees that went on to become startup founders. Even a great architecture becomes inflexible. Great post!

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Lessons Learned: Cash is not king

Startup Lessons Learned

The full formula works like this: runway = cash on hand / burn rate # iterations = runway / speed of each iteration Very few successful companies ended up in the same exact business that the founders thought theyd be in (see Founders at Work for dozens of examples). The Lean Startup Intensive is tomorrow at Web 2.0.

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The Customer Development Manifesto: The Startup Death Spiral (part.

Steve Blank

Finally, I’ll write about how Eric Ries and the Lean Startup concept provided the equivalent model for product development activities inside the building and neatly integrates customer and agile development. Moreover, since the first CEO was likely to have been one of the founders, the trauma of CEO removal begins. innovation.

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Reinventing the Board Meeting – Part 1 of 2

Steve Blank

As customer and agile development reinvent the Startup, it’s time to ask why startup board governance has not kept up with the pace of innovation. A veteran board can bring 50-100x more experience into a board meeting than a first time founder. From a founder’s point of view there are three reasons for board meetings.