Remove Burn Rate Remove Customer Development Remove Hiring Remove Lean
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Is the Lean Startup Dead?

Steve Blank

He just hired Meg Whitman. It’s the antithesis of the Lean Startup. Given the stock market was buying “the story and vision” of anything internet, inflated expectations were more important than traditional metrics like customers, growth, revenue, or heaven forbid, profits. The Rise of the Lean Startup. And it may work.

Lean 335
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Why Founders Should Know How to Code

Steve Blank

As the miles sped by I explained to Dave that he had understood only two of the three parts of what makes a Lean Startup successful. The emphasis on the rapid development and iteration of MVP’s is to speed up how fast you can learn ; from customers, partners, network scale, adoption, etc. Customer Development Technology'

Cofounder 336
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The Customer Development Manifesto: The Startup Death Spiral (part.

Steve Blank

This post describes how following the traditional product development can lead to a “startup death spiral.&# In the next posts that follow, I’ll describe how this model’s failures led to the Customer Development Model – offering a new way to approach startup sales and marketing activities.

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Are Business Plans Still Necessary?

Both Sides of the Table

The last couple of years has also seen the huge initial success of Ycombinator, the Lean Startup and many other product driven approaches to going to market. Do you really want to spent $100k building a product to discover through Customer Development that the market is too small? Don’t know the running rate for engineers?

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Create Structure out of the Gate and You’ll Thank Yourself Later

Feld Thoughts

One of them used to be a lead developer at [insert hot consumer tech company here]. They need to raise money before building anything substantial after determining that they needed a little dough to follow the Lean Startup methodology. They close on the $750k, hire a buddy or two, buy some Macs, and get to work.

Burn Rate 152
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Is the Lean Startup concept of MVP dead?

VC Cafe

In fact, they were screaming at them to dramatically reduce their burn rates. ” Steve Blank, “Is the lean startup dead?” ” The Lean Startup movement started out of necessity. what you think they might need) by talking to customers and testing every aspect of the product features, pricing, etc.

Lean 214
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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. Over its lifetime a Lean Startup may spend less money than a traditional startup.

Lean 244