Remove Channel Remove Customer Development Remove Seed Capital Remove Web
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Fund Raising is a Means Not an End

Steve Blank

If you’re a scalable startup, you want to spend small amounts of money (seed capital) as you run experiments testing your hypotheses. In normal times, when there aren’t dollars to undo mistakes, you use Customer Development to find product-market fit. Why small amounts? No startup ever spends less then it raises.

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Fund Raising is a Means Not an End

Steve Blank

If you’re a scalable startup, you want to spend small amounts of money (seed capital) as you run experiments testing your hypotheses. In normal times, when there aren’t dollars to undo mistakes, you use Customer Development to find product-market fit. Why small amounts? No startup ever spends less then it raises.

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Crazy! 189 Answers To The Top Startup Questions On Your Mind

maplebutter.com

The only problem is I haven’t found a problem or an industry – web, enterprise software, green tech, etc – where I feel passionate. Startup Seed Raising Skilzzz [link]. However, i need a technical person (web developer) who can bring my vision to life. To what extent could I trust web design companies?

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When It’s Darkest Men See the Stars

Steve Blank

This lets them deliver a first version of the product to customers in a fraction on the time. For products that are simply “bits” delivered over the web, a first product can be shipped in weeks rather than years. Startups traditionally required millions of dollars of funding just to get their first product to customers.

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Innovation, Change and the Rest of Your Life

Steve Blank

When the product and channel are bits, adoption by 10’s and 100’s of millions and even billions of users can happen in years versus decades. This lets them deliver a series of minimal viable products to customers in a fraction of the time. A unicorn is a startup with a market capitalization north of a billion dollars.

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