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”. Be Specific.

Cofounder 164

Cofounder Elevator Pitch Hiring Dividend 164

Startup Professionals Musings

DECEMBER 24, 2018

Based on my experience, creating a new business is at least as difficult as creating an innovative solution, and it takes a knowledge of finance, operations, customers and the marketplace. If you don’t have all these interests and skills, even your most “disruptive” products will likely fail. Don’t try to be all things to all people.

Angel Investor 249

Angel Investor Cofounder Finance Operations 249

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.

Product Development 68

Product Development Developer San Francisco Product 68

viniciusvacanti.com

SEPTEMBER 7, 2010

Home About Contact Me How To Make It as a First-Time Entrepreneur Vinicius Vacanti Guide to Finding a Technical Co-Founder September 7, 2010 | View Comments Steve Job's Technical Co-Founder “I’ve got this HUGE idea. I just need to find a technical co-founder.&# So, why should they pick you?

Cofounder 43

Cofounder Technical Cofounder Founder Ruby 43

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

YoungUpstarts

NOVEMBER 10, 2016

by Nick Candito, Co-Founder and Chief Executive Officer at Progressly. Time and time again, there’s one critical component that hampers productivity and efficiency: We are wired to work within the confines of organizational silos. Contact centers are closely tied with marketing, sales, shipping and even product development.

Cofounder 174

Cofounder Technical Review Operations Employee 174

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

AUGUST 3, 2009

Lessons Learned by Eric Ries Monday, August 3, 2009 Minimum Viable Product: a guide One of the most important lean startup techniques is called the minimum viable product. MVP, despite the name, is not about creating minimal products. We have to manage to learn something from our first product iteration.

San Francisco 168

San Francisco Product Lean Continuous Deployment 168

Steve Blank

APRIL 23, 2018

When Sloan arrived at GM in 1920 he realized that the traditional centralized management structures organized by function (sales, manufacturing, distribution, and marketing) were a poor fit for managing GM’s diverse product lines. If you’re following Tesla, you might be interested to know that Sloan wasn’t the founder of GM.

Michigan 268

Michigan Cofounder Stock Forecast 268

Steve Blank

MAY 9, 2017

And to today, when its major product is simply innovation. 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. The second thing that’s changed is that we’re now Compressing the Product Development Cycle.

Restful 222

Restful Silicon Valley Puerto Rico San Jose 222

Startup Professionals Musings

AUGUST 25, 2017

In today’s fast moving market, the basic product development cost and time are critical to survival. With the new rapid prototyping tools, products can be physically built for analysis, rather than just conceptualized. Provides networking with cofounders and strategic partners. Breeds success through people diversity.

Technical Cofounder 153

Technical Cofounder Intellectual Property Wiki Cofounder 153

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

Startup Professionals Musings

SEPTEMBER 20, 2021

Thus entrepreneurs were able to build prototypes and design new products without the traditional huge prototyping cost. The movement has long since spread across the country and across the globe, spawning innovative products such as the MakerBot Digitizer and all the things you can access from Thingiverse.com. Diversity breeds success.

Startup 397

Startup Cofounder Incubator Early Stage 397

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. Editor’s note: This is a guest post by Andrew Montalenti.

Cofounder 155

Cofounder Technical Cofounder Technical Review Software Review 155

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

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?

Startup 78

Startup Cofounder Burn Rate Technical Review 78

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

APRIL 14, 2009

Lessons Learned by Eric Ries Tuesday, April 14, 2009 Validated learning about customers Would you rather have $30,000 or $1 million in revenues for your startup? This may sound crazy, coming as it does from an advocate of c harging customers for your product from day one. But all things are never equal. More on that in a moment.

Customer 167

Customer San Francisco Lean Hockey Stick 167

YoungUpstarts

MAY 6, 2019

They make money by starting a product from scratch and then selling it in thousands of dollars. In most cases, they hit the jackpot when their products are sold for millions. You don’t have a product and most of your meetings will not bring any fruit. You are looking for cofounders that can help you build a product.

Startup 113

Startup Technical Cofounder Merger Early Stage 113

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. Though my potential partner was performing well by the numbers, my own productivity was dwindling as I spent more and more time on managing our relationship. Why did I think that?

Partner 113

Partner Cofounder Equity Metrics 113

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. Unfortunately, positioning our product as an "IM add-on" was a complete mistake.

Customer Development 131

Customer Development Engineer San Francisco Developer 131

Hearpreneur

JANUARY 28, 2022

The name To Tony Productions is a dedication to my cousin and close friend Anthony Ranoiccha III, or Tony, as the family would call him. So when it came time to form my production company, I wanted it to have meaning beyond myself and so it came naturally to name it after Tony as a dedication. 1- Dedication to my cousin.

Naming 146

Naming Entrepreneur Jordan Merger 146

Startup Lessons Learned

OCTOBER 5, 2008

Lessons Learned by Eric Ries Sunday, October 5, 2008 The product managers lament Life is not easy when youre working in an old-fashioned waterfall development process, no matter what role you play. The product manager was clearly struggling to get results from the rest of the team. Lets start with what the product manager does.

San Francisco 158

San Francisco Management Software Review Product 158

YoungUpstarts

AUGUST 30, 2011

times more likely to spend more than one standard deviation above the average on customer acquisition. Inconsistent startup outsource 4-5 times as much of their product development than consistent startups. In the validation phase, where startups should be testing demand for a functional product, inconsistent startups are 2.2

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

Small Business Force

AUGUST 31, 2013

Picking a partner or co-founder isn't like finding a new friend. So, how do you avoid finding yourself in a similar situation somewhere down the road between you and your partner/co-founder? Picking the right partner or co-founder for your business can portend whether that business succeeds or not.

Cofounder 40

Cofounder Partner Technical Review Founder 40

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

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

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

The Startup Magazine

AUGUST 11, 2023

It is necessary to cover the early stages of product development, thorough market research, and other processes during the initial step. The criteria change after a company reaches the growth stage when it is deemed to have attained product market fit. After that, the money is used to maintain the company’s expansion.

Seed Stage 124

Seed Stage Technical Review Early Stage Due Diligence 124

mashable.com

JUNE 11, 2013

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. Check out the tips below from founders, CEOs and investors alike. Leave it in the comments.

Cofounder 111

Cofounder Technical Review Startup Software Review 111

David Teten

APRIL 1, 2021

Nick Kim , Crosscut’s Head of Platform, in his presentation at the 4th Annual VC Platform Summit, shared their Platform development methodology, which he viewed as an exercise in product development. For example, recruiting writ large is useful at all stages of development. Customer Development. AskAnything.VC

Private Equity 78

Private Equity Venture Capital Portfolio Equity 78

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. So on the one hand.

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

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

Feld Thoughts

SEPTEMBER 16, 2011

Now that Dick and Jane have added a CTO to SayAhh’s founding team, they’ve turned their full attention to working on their product. Since SayAhh is in the pre-launch development stage, the company doesn’t have any revenue yet. Dick is focusing his effort on getting some early customer validation and is using a Lean Startup approach.

Balance Sheet 125

Balance Sheet Fractional CTO Burn Rate Salary 125

David Teten

OCTOBER 1, 2015

. … and if you’re like most of today’s startups — you need to get an app in the hands of customers. Once customers love your app and you show some traction, you raise some money and grow it into that impactful dream of an idea that you’ve had figured out in your head for as long as you can remember.

Software Developers 60

Software Developers Software Development Software Developer 60