crowdSPRING Blog

SEPTEMBER 19, 2014

Inside the Mind of a Technical Founder | OpenView Blog by Larry Kim – crowdspring.co/1u7Fz1b. Are startup burn rates out of control? Activate or Die: 10+ Ways You Can Improve Your User Activation for SaaS – Part 2 | 500 Startups Blog – crowdspring.co/1rgMYgu. WordStream – crowdspring.co/1tOs1vg.

Social Media 94

Social Media Small Business Design Media 94

The Next Web

DECEMBER 2, 2013

Considering Facebook’s scale, the company is now in the business of operating power plants to operate its servers, therefore, Schippers estimates that Facebook has a $30 million dollar monthly burn rate just for hosting. But if you were to replicate the product exactly, all those decisions are made for you. 4) WhatsApp.

Cost 168

Cost San Francisco New York City Ruby 168

Steve Blank

SEPTEMBER 17, 2009

This post describes a solution – the Customer Development Model. In future posts I’ll describe how Eric Ries and the Lean Startup concept provide the equivalent model for product development activities inside the building and neatly integrates customer and agile development. This post describes such a model.

Customer Development 246

Customer Development Developer Customer Silicon Valley 246

The Equity Kicker

JANUARY 10, 2020

I gave the interview last year, and it was published this week on the Soldo blog. Nic is also the author of one of Europe’s most popular venture capital blogs – www.theequitykicker.com. Every good VC looks for the same three things: a great team, a great product, and a large and attractive market.

Partner 68

Partner Early Stage Portfolio Metrics 68

ReadWriteStart

JANUARY 27, 2011

And, oh by the way, we also really like the idea of the 1M/1M entrepreneurs building valuation and negotiating leverage through these business development efforts, instead of signing off large chunks of their company in form of equity early on. The game has started getting some traction already, and has a good virality index.

Dilution 114

Dilution Revenue Finance Entrepreneur 114

Steve Blank

NOVEMBER 2, 2009

The key contributors to an out-of-control burn rate is 1) hiring a sales force too early, 2) turning on the demand creation activities too early, 3) developing something other than the minimum feature set for first customer ship. The Customer Development process (and the Lean Startup) is one way to do that.

Lean 250

Lean Silicon Valley Startup RSS 250

ithacaVC

MARCH 14, 2011

It may have multiple people in each category, but for purposes of this post, let’s assume one tech founder, one business founder and then some additional “first employees” It would be normal for these first employees to be involved in product development. I am not going to focus on those aspects.

Early Stage 45

Early Stage Founder Burn Rate Cofounder 45

Startup Lessons Learned

MARCH 27, 2009

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). This post has been removed by a blog administrator.

San Francisco 117

San Francisco Lean Continuous Deployment DC 117

Startup Lessons Learned

MARCH 13, 2009

The product didnt convert well enough, the mainstream customers we were driving werent ready for the concept, and the event fed expectations about how successful the product was going to be that turned out to be hyper-inflated. Why do startups synchronize marketing launch and product launch? This is a great post.

San Francisco 168

San Francisco PR Lean Early Stage 168

Startup Lessons Learned

JANUARY 30, 2009

Without conscious process design, product development teams turn lines of code written into momentum in a certain direction. This is why agility is such a prized quality in product development. As far as I know, there are no products that are immune from the technology life cycle adoption curve.

San Francisco 150

San Francisco Lean Agile Continuous Deployment 150