blog.nahurst.com

JULY 19, 2010

The graphic below balances the risks cofounders take with their relative contributions to help answer this question. This covers one of the most common situations I encounter: For a pre-funding web startup whose team includes only a non-technical cofounder, how much equity should an incoming technical cofounder get?

Technical Cofounder 43

Technical Cofounder Cofounder Equity Salary 43

YoungUpstarts

APRIL 17, 2018

by Felix Winstone, Co-Founder and Managing Director at Talkative. As a startup co-founder with a growing team, here are the recruiting tips I’ve learnt over the last couple of years. Robert Metcalfe, co-founder and CEO of 3Com, says you need to think about it as “recruiting, not hiring”.

Cofounder 164

Cofounder Elevator Pitch Hiring Dividend 164

Hearpreneur

JULY 19, 2021

Waking up each morning knowing you are getting to do exactly what you love is more than most people could ever say about any “job” they have had. It might be the products or the customers they deal with, or it could even be the fact that they are the ones in charge of it all. 1- Choosing the clients I work with.

Entrepreneur 139

Entrepreneur Jordan Non-Compete Community 139

Duct Tape Marketing

APRIL 29, 2024

Paul is also a senior lecturer at the Massachusetts Institute of Technology in the MIT Sloan School of Management and the co-founder of Oceanworks. 18:52] Talk about the easter eggs laid across the book for reader to discover? [22:53] Exclusive to new customers—upgrade and grow your business with ActiveCampaign today!

Entrepreneur 52

Entrepreneur Cofounder Early Stage Artificial Inteligence 52

Startup Lessons Learned

APRIL 26, 2009

Lessons Learned by Eric Ries Sunday, April 26, 2009 Product development leverage Leverage has once again become a dirty word in the world of finance, and rightly so. But I want to talk about a different kind of leverage, the kind that you can get in product development. Its a key lean startup concept.

Product Development 88

Product Development Developer San Francisco Product 88

Steve Blank

SEPTEMBER 5, 2018

Reading the NY Times article “ Jeffrey Katzenberg Raises $1 Billion for Short-Form Video Venture, ” I realized it was time for a new startup heuristic: the amount of customer discovery and product-market fit you need to find is inversely proportional to the amount and availability of risk capital. ” Fire, Ready, Aim.

Lean 335

Lean Burn Rate Startup IPO 335

The Equity Kicker

AUGUST 20, 2014

I’m reproducing in full here because it’s a great explanation of our solo-founder hypothesis and how we work more generally. Are you a solo founder with an idea? Snaptrip started as an idea, an excel spreadsheet and a passionate founder called Matt. —————————-.

Cofounder 95

Cofounder Founder Technical Cofounder Technical Review 95

Startup Lessons Learned

NOVEMBER 8, 2008

Lessons Learned by Eric Ries Saturday, November 8, 2008 What is customer development? When we build products, we use a methodology. But too often when its time to think about customers, marketing, positioning, or PR, we delegate it to "marketroids" or "suits." a roadmap for how to get to Product/Market Fit."

Customer Development 168

Customer Development Developer San Francisco Customer 168

Steve Blank

APRIL 23, 2018

If you want to understand the future of Tesla and Elon Musk’s role – something many want to do, given the constant stream of headlines about the company — you should start with a bit of automotive history from the 20 th Century. If you’re following Tesla, you might be interested to know that Sloan wasn’t the founder of GM.

Michigan 291

Michigan Cofounder Stock Forecast 291

Startup Lessons Learned

OCTOBER 4, 2008

Lessons Learned by Eric Ries Saturday, October 4, 2008 About the author ( Update January, 2010: This post originally dates from October, 2008 back when I first started writing this blog. Maybe youd like to start with The lean startup , How to listen to customers , or What does a startup CTO actually do? ) Eric, love the blog.

San Francisco 155

San Francisco Technical Cofounder Fractional CTO CTO 155

Steve Blank

MAY 9, 2017

Santa Cruz and had a few things to say about innovation. I’ve been asked to talk today about the future of Innovation – typically that involves giving you a list of hot technologies to pay attention to – technologies like machine learning. In fact, it’s not about any specific new technologies. I gave the Alumni Day talk at U.C.

Restful 238

Restful Silicon Valley Puerto Rico San Jose 238

Startup Lessons Learned

SEPTEMBER 22, 2008

Lessons Learned by Eric Ries Monday, September 22, 2008 Thoughts on scientific product development I enjoyed reading a post today from Laserlike (Mike Speiser), on Scientific product development. Keep split-testing, but keep this iron rule: if it doesnt change customer behavior, its not a feature. Now that is fun.

Product Development 68

Product Development Developer San Francisco Product 68

The Next Web

OCTOBER 3, 2012

Andrew is the co-founder and CTO of Parse.ly , a technology startup that provides big data insights to the web’s best publishers. He wrote: When startups die, the official cause of death is always either running out of money or a critical founder bailing. You have to think about your company as a ten year project.

Cofounder 155

Cofounder Technical Cofounder Technical Review Software Review 155

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. Be trigger shy about hiring.

Startup 78

Startup Cofounder Burn Rate Technical Review 78

David Teten

OCTOBER 1, 2015

Should you co-found your company with a software development shop? I’ve talked with a number of software development shops who are eager to get into the business of cofounding companies, i.e., getting product revenue and equity instead of just consulting revenue. equity that belongs to departed cofounders)?

Software Developers 60

Software Developers Software Development Software Review Technical Cofounder 60

Startup Lessons Learned

SEPTEMBER 7, 2008

Lessons Learned by Eric Ries Sunday, September 7, 2008 Customer Development Engineering Yesterday, I had the opportunity to guest lecture again in Steve Blank s entrepreneurship class at the Berkeley-Columbia executive MBA program. As always, we had a great discussion with the students, which is helping refine how we talk about this.

Customer Development 131

Customer Development Engineer San Francisco Developer 131

Startup Professionals Musings

OCTOBER 19, 2015

That’s why I recommend that they find a co-founder who loves business challenges, including marketing and finance. Thus it’s a waste of time for most entrepreneurs to be looking for investors until they have a product and some customer revenue. Most founders bootstrap product development.

Technical Review 120

Technical Review Intellectual Property Cofounder Bootstrapping 120

Startup Lessons Learned

OCTOBER 26, 2009

Lessons Learned by Eric Ries Monday, October 26, 2009 A real Customer Advisory Board A reader recently asked on a previous post about the technique of having customers periodically produce a “state of the company&# progress report. Many companies seek to involve customers directly in the creation of their products.

Advisory Board 151

Advisory Board Customer San Francisco Lean 151

Up and Running

MAY 15, 2014

When I was going through the co-founder “dating” process, I’d found a potential partner through my network who seemed to be perfect. I knew that there were issues with my potential partner, but I also knew that the company would grow at a slower pace if I had to start the co-founder search from back at square one.

Partner 113

Partner Cofounder Equity Metrics 113

Small Business Force

AUGUST 31, 2013

You think about it ahead of time! Picking a partner or co-founder isn't like finding a new friend. This is really hard to do while the parties are striving to get the new business off the ground, with a sense of mission, passionate about the business concept and the market need they are addressing.

Cofounder 40

Cofounder Partner Technical Review Founder 40

Startup Lessons Learned

JULY 5, 2010

I believe it is the best introduction to Customer Development you can buy. As all of you know, Steve Blank is the progenitor of Customer Development and author of The Four Steps to the Epiphany. You can imagine how well that worked. On the plus side, that means its a great deal. I think theyve succeeded.

Customer Development 166

Customer Development Developer San Francisco Customer 166

Hearpreneur

JANUARY 28, 2022

I came up with my company's name by envisioning what my company represents and that is an alpha level of customer service and training for me and my agents. We want our clients to feel like out of all the shopping they have done online they finally reached the top of their journey in securing the right product for their families.

Naming 150

Naming Entrepreneur Jordan Merger 150

YoungUpstarts

AUGUST 30, 2011

This time they have announced findings that, while unlikely to surprise, provide more solid data about failure rates of startups. According to Blackbox about 90% of all startups fail, and the most common reason for failure is premature scaling. to 3 times as many of their customers early on. Findings on Premature Scaling.

Silicon Valley 189

Silicon Valley Software Review Startup Cofounder 189

YoungUpstarts

JUNE 27, 2018

by Joanna Malaczynski, founder of DESi. If you are building an innovative company, you will have to spend a good chunk of your time on customer discovery. Here are three tips for you based on my discussions with entrepreneurs who have come before you: Take Time to Understand the Needs and Expectations of Your Customers.

Customer 153

Customer Cofounder Demand B2B 153

Startup Lessons Learned

MARCH 16, 2009

Lessons Learned by Eric Ries Monday, March 16, 2009 Combining agile development with customer development Today I read an excellent blog post that I just had to share. In most agile development systems, there is a notion of the "product backlog" a prioritized list of what software is most valuable to be developed next.

Agile 111

Agile Customer Development Developer San Francisco 111

The Startup Magazine

AUGUST 11, 2023

I will tell you brief details about seed stage funding, and deal sourcing on this page, so read the conclusion until the end. It is necessary to cover the early stages of product development, thorough market research, and other processes during the initial step. What exactly is the seed funding?

Seed Stage 148

Seed Stage Technical Review Early Stage Due Diligence 148

mashable.com

JUNE 11, 2013

Company About Us Licensing & Reprints Archive. Perhaps the team is working on a product that really isnt that great or useful. Or maybe the co-founders have a poisonous relationship that will hinder the companys growth. Maybe they never thought about product-market fit. Entertainment. US & World.

Cofounder 111

Cofounder Technical Review Startup Software Review 111

A Smart Bear: Startups and Marketing for Geeks

MARCH 11, 2014

Listen to this episode if you want to hear about a founder who has a product and users and paying customers … and is trying to figure out how to take his company to the next level and grow faster. We started with the product about three years ago, development, a year later we released it.

Technical Cofounder 220

Technical Cofounder Cofounder Software Review Management 220

David Teten

AUGUST 19, 2019

RBI normally requires founders to pay back their investors with a fixed percentage of revenue until they have finished providing the investor with a fixed return on capital, which they agree upon in advance. For background, see Revenue-Based Investing: A New Option for Founders who Care About Control. Alternative Capital. “

Revenue 60

Revenue Technical Review Software Review Equity 60

Startup Lessons Learned

DECEMBER 16, 2009

Lessons Learned by Eric Ries Wednesday, December 16, 2009 What is Lean about the Lean Startup? One of the most amazing things about the past year has been the opportunity to meet many legends and personal heroes. As Im pontificating about agile, I see the name Kent Beck in my peripheral vision. Was that really the Kent Beck?

Lean 140

Lean San Francisco Continuous Deployment Startup 140

The Startup Magazine

MAY 8, 2024

Let Your Customers Show You the Way: Your customers’ requests are more than just orders; they are potential gold mines for new product ideas. When you receive a unique quote request, view it as an opportunity to expand your product line. Attract more potential customers by showing off! But how to land them?

Artificial Inteligence 88

Artificial Inteligence Cofounder Demand Lean 88

ConversionXL

JANUARY 18, 2022

Muun found a market need but failed to compete with bigger names that provided customers with authoritative content and resources. One neglected its positioning by failing to target the biggest pain point, and the other failed to build a brand that its customers could trust above the other major players. Peter Noel Murray, Ph.D.,

Marketing 110

Marketing Product Audience Equity 110

View from Seed

AUGUST 10, 2021

We first invested in co-founders Ben Forgan & Pat Wilbur in early 2015, when NextView led a $1.3M Hologram has grown to hundreds of employees, thousands of customers, and attracted substantial capital all from its home base in Chicago. pre-seed round for the company (Hologram was fka Konekt).

Chicago 177

Chicago Cofounder Miami B2B 177

Startup Lessons Learned

DECEMBER 14, 2009

Lessons Learned by Eric Ries Monday, December 14, 2009 Business ecology and the four customer currencies Lately, I’ve been rethinking the concept of “business model&# for startups, in favor of something I call “business ecology.&# Let’s begin with the four customer currencies. And this is true outside of games.

Customer 156

Customer San Francisco Viral Lean 156

Startup Lessons Learned

AUGUST 6, 2013

Guest post by Lisa Regan On August 20, Eric will sit down with developer and Hut8Labs co-founder Dan Milstein for a webcast you can join to discuss “Getting Engineers Into the Lean Startup Cycle.” We’ll let Dan talk directly about his experiences, but among his solutions is changing the question itself.

Lean 167

Lean Engineer Startup Cofounder 167

View from Seed

AUGUST 10, 2021

We first invested in co-founders Ben Forgan & Pat Wilbur in early 2015, when NextView led a $1.3M Hologram has grown to hundreds of employees, thousands of customers, and attracted substantial capital all from its home base in Chicago. pre-seed round for the company (Hologram was fka Konekt).

Chicago 156

Chicago Cofounder Miami B2B 156

Startup Lessons Learned

SEPTEMBER 14, 2008

Lessons Learned by Eric Ries Sunday, September 14, 2008 How to listen to customers, and not just the loud people Frequency is more important than talking to the "right" customers, especially early on. Youll know when the person youre talking to is not a potential customer - they just wont understand what youre saying.

San Francisco 131

San Francisco Customer Lean Continuous Deployment 131