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Use agile budgeting to manage your cash

David Teten

Inevitably, things cost more and take longer than expected. So here’s the solution I have recommended to some of my portfolio companies: “ agile budgeting ”, i.e., monitoring a few key variables while giving managers significant flexibility. Entrepreneur Jeff Magnusson provides a sample agile budgeting workbook.

Agile 60
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The Secret History of Silicon Valley Part VI: Every World War II.

Steve Blank

—————- The next piece of the Secret History of Silicon Valley puzzle came together when Tom Byers , Tina Selig and Mark Leslie invited me to teach entrepreneurship in the Stanford Technology Ventures Program ( STVP ) in Stanford’s School of Engineering. What Does WWII Have to Do with Silicon Valley?

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6 New Venture Funding Realities To Guide Your Efforts

Startup Professionals Musings

Examples of some leaders in this space include Ron Conway in Silicon Valley and Jeff Bezos , CEO of Amazon, who each may have over 500 startups in their portfolio. The cost of entry for tech startups continues to go down. Mobile and web software apps may cost even less. Some VC firms are bogged down by their own weight.

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Is the Lean Startup Dead?

Steve Blank

The mantra of “ first mover advantage ,” the idea that winners are the ones who are the first entrants in their market, became the conventional wisdom of investors in Silicon Valley.“ Startups wrote business plans, generated expansive 5-year forecasts and executed (hired, spent and built) to the plan. The result?

Lean 335
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5 Steps To Locking In The Right New Venture Partner

Startup Professionals Musings

Johansen knows this space, as a distinguished fellow at the Institute for the Future in Silicon Valley, and Ronn is a serial entrepreneur and managing director of Innovation Portfolio Partners in Palo Alto. Learn by experimenting in low-cost and iterative ways. Maintain the agility to quickly pivot or quit.

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“Speed and Tempo” – Fearless Decision Making for Startups « Steve.

Steve Blank

That’s why startups are agile. Startups that are agile have mastered one other trick – and that’s Tempo – the ability to make quick decisions consistently over extended periods of time. Reply Lots of low cost experiments « Open Ambition , on April 22, 2009 at 8:58 am Said: [.] Order Here.

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Honor and Recognition in Event of Success

Steve Blank

He’s as good as any startup CEO in Silicon Valley. And they’ve being doing this while driving product cost down and performance up. GE’s performance in implementing Customer Development gives lie to the tale that only web startups can be agile. You couldn’t be more wrong. Corporate elephants can dance.