Steve Blank
SEPTEMBER 5, 2018
Jeff Katzenberg has a great track record – head of the studio at Paramount, chairman of Disney Studios, co-founder of DreamWorks and now chairman of NewTV. First Movers” didn’t understand customer problems or the product features that solved those problems (what we now call product-market fit). ” Fire, Ready, Aim.
Mucker Lab
MAY 28, 2020
This post originally appeared in TechCrunch back in 2015, written by our co-founder and managing partner Erik Rannala. Like a teenager with a million-dollar allowance and an identity crisis, a startup with too much capital and no product-market fit will become capable of making larger mistakes. How do you know you have it?
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Feld Thoughts
SEPTEMBER 16, 2011
A company at this stage could also face product development costs from consultants if they decided to outsource product development. However, Praveena has committed to personally get the first version of the product up and launched without outside consultants, so there is no expense here either.
crowdSPRING Blog
SEPTEMBER 19, 2014
Inside the Mind of a Technical Founder | OpenView Blog by Larry Kim – crowdspring.co/1u7Fz1b. 5 Signs You’ve Got the Wrong Co-Founder – crowdspring.co/1u17ovZ. 12 Qualities To Look For In A Co-Founder – crowdspring.co/1m97mzy. Are startup burn rates out of control? 1m69Rmd.
Both Sides of the Table
DECEMBER 16, 2009
I advocated LOUDLY at the board that we needed to cut our burn rate. We couldn’t cut product development (we had 23 people!) On Street Smarts / Working with customers: I had coffee with another startup founder yesterday. He was at a 3-person startup where he was a co-founder but not the CEO.
The Next Web
DECEMBER 2, 2013
However, you could still build an Instagram-like product inexpensively, in the $100,000 to $300,000 range over a three-to-six-month period,” says Werdelin. Founder Kevin Systrom launched Instagram with 25,000 beta users on October 6, 2010; two years later, the app continues to see massive growth, recently reporting 150 million active users.
Steve Blank
AUGUST 27, 2012
What I saw reminded me of some of the best and worst things I did as a founder. We’re building the wrong product!” Tossing their agile development process and at times their entire business model in the air, the company would go into fire-drill mode and engineering would start working on whatever his latest insight was.
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