article thumbnail

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. That died with waterfall software development. Too aggressive about the rate of customer adoption? You might then slow down your burn rate or raise more money.

article thumbnail

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. Quibi didn’t stop to test the hypothesis with a lean startup approach.

Lean 214
Insiders

Sign Up for our Newsletter

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

article thumbnail

Twitter Link Roundup #235 – Small Business, Startups, Innovation, Social Media, Design, Marketing and More

crowdSPRING Blog

Are startup burn rates out of control? Busting the Lean-Startup Myth – crowdspring.co/1ozOXHA. Legal Contracts for Software Developers Who Hate Contracts (w/free contract template to use today) – [link]. They seem to be | AVC – crowdspring.co/1rbM5FT. Hiring startup engineers?

article thumbnail

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 257