article thumbnail

Is the Lean Startup concept of MVP dead?

VC Cafe

Agile Development: launch an MVP early and iterate quickly. But when it comes to launching a Minimum Viable Product (MVP) these days, as incremental and iterative prototypes, things have changed significantly: Capital abundance: There’s never been more seed capital in the market.

Lean 214
article thumbnail

Innovation, Change and the Rest of Your Life

Steve Blank

In this business environment, hiring a new CEO who had experience growing a company around a single technical innovation was a rational decision for venture investors. A company developing software would have to buy computers and license software from other companies and hire the staff to run and maintain it. That’s no longer the case.

Restful 243
Insiders

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

article thumbnail

When It’s Darkest Men See the Stars

Steve Blank

A company developing software would have to buy computers and license software from other companies and hire the staff to run and maintain it. Risk capital has emerged in China, India and other countries where risk taking, innovation and liquidity is encouraged, on a scale previously only seen in the U.S.

article thumbnail

Repeat Founders and the Risk of a False Positive

View from Seed

A number of blog posts recently have mentioned this, but we seem to be experiencing a rise in repeat founders starting new businesses and raising seed capital. Their early hires are probably much stronger too, which allows for better execution as well. Third, repeat founders are likely to execute at a much higher level early on.

Founder 256
article thumbnail

Building a new startup hub

Startup Lessons Learned

Provide early seed capital, and be the ones to make those introductions. Thank you @ericries for drastically altering my perception of agile startup Thank you all so much for your kind words. Accept that many successful companies are going to want to be backed by big-name firms in other cities. And do your customer development.