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.

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Product Development Developer San Francisco Product 88

Startup Professionals Musings

JANUARY 2, 2019

Most of you aspiring entrepreneurs have no idea how dramatically your own role has to evolve as you develop a solution, start a business, and expect it to scale into a successful self-managed company. Thus my job as a small business advisor really is really more about getting you developed than perfecting the business.

Leadership 248

Leadership Technical Review Cofounder Social Media 248

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.

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Cofounder Elevator Pitch Hiring Dividend 140

View from Seed

DECEMBER 6, 2018

Another affinity-based co-working space? As a seed stage VC, I have a unique privilege of confidentially spending time with a number of entrepreneurs throughout their company formation and initial product development process. And it’s amazed me how many times I’ve seen two or more entirely separate groups of founders?—?without

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Startup Professionals Musings

DECEMBER 24, 2018

Plan to and assemble the right team, including co-founders. You need skills in finance, operations, and marketing to supplement product development, and more hours of work than one person can manage. Building and running a business is not a solo operation.

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Angel Investor Cofounder Finance Operations 249

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.

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Cofounder Partner Technical Review Founder 40

View from Seed

MAY 11, 2016

Investors love the idea of backing second-time founders, especially if they have had success in their last company. etc… In addition, first-time founders I speak to often talk about how much they have learned and how they resolve to do things differently and better the next time. Is there a sophomore slump to avoid?

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Founder Cofounder CTO Hire Early Stage 159

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.

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Cofounder Technical Review Operations Employee 159

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.

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Technical Cofounder Intellectual Property Wiki Cofounder 153

Steve Blank

APRIL 23, 2018

If you’re following Tesla, you might be interested to know that Sloan wasn’t the founder of GM. Where are the charitable foundations, business schools, and hospitals named after the founder of GM? The founder of what became General Motors was William (Billy) Durant. And a founder of Neuralink a brain-computer interface startup.

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Michigan Cofounder Stock Forecast 268

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.

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Partner Cofounder Equity Metrics 113

Startup Professionals Musings

SEPTEMBER 20, 2021

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. Network with potential cofounders and strategic partners.

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Startup Cofounder Incubator Early Stage 397

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?

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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. Outside investors are most interested in scaling a proven business model, not research and development. Most founders bootstrap product development. Fabulous solutions require great technology.

Technical Review 120

Technical Review Intellectual Property Cofounder Bootstrapping 120

Steve Blank

SEPTEMBER 5, 2018

Jeff Katzenberg has a great track record – head of the studio at Paramount, chairman of Disney Studios, co-founder of DreamWorks and now chairman of NewTV. It has to find product-market fit before running out of cash. Lean was designed to inform the founders’ vision while they operated frugally at speed. The result?

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Lean Burn Rate Startup IPO 335

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 We champion founders redesigning the Everyday Economy , and to many, that brings to mind consumer businesses in particular. The Hologram story is near and dear to our hearts here at NextView for a number of reasons.

Chicago 177

Chicago Cofounder Miami B2B 177

Hearpreneur

APRIL 2, 2019

At the forefront of this emerging technology, Cameron Chell is a serial startup entrepreneur and Chairman and co-founder of ICOx Innovations Inc. , This specifically includes thinking BIG, product development, strategic planning, team alignment, execution and measurement.

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Cofounder Founder Entrepreneur Distribution 48

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 132

Seed Stage Technical Review Early Stage Due Diligence 132

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. AskAnything.VC Advantages.

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Private Equity Venture Capital Portfolio Equity 78

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 We champion founders redesigning the Everyday Economy , and to many, that brings to mind consumer businesses in particular. The Hologram story is near and dear to our hearts here at NextView for a number of reasons.

Chicago 156

Chicago Cofounder Miami B2B 156

YoungUpstarts

AUGUST 30, 2011

Inconsistent startup outsource 4-5 times as much of their product development than consistent startups. In discovery phase 60% of inconsistent startups focus on validating a product and 80% of consistent startups focus on discovering a problem space. Inconsistent startups write 3.4 times more code in efficiency stage.

Silicon Valley 174

Silicon Valley Software Review Startup Cofounder 174

YoungUpstarts

MAY 6, 2019

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. You have finally found a cofounder that can take care of the startup. Product development. Initial product development usually consists of prototyping and MVP.

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Startup Technical Cofounder Merger Early Stage 104

View from Seed

NOVEMBER 6, 2014

Isaac Cambron is co-founder and CTO of Zensight.co , whose pre-launch product enables sales reps to find and use their best content to close more deals. Below, he answers questions about developing products from scratch, as well as the difficult technology choices and tradeoffs CTOs must make.

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Technology Ruby Startup Engineer 334

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 We champion founders redesigning the Everyday Economy , and to many, that brings to mind consumer businesses in particular. The Hologram story is near and dear to our hearts here at NextView for a number of reasons.

Chicago 136

Chicago Cofounder Miami B2B 136

ReadWriteStart

JANUARY 22, 2024

The venture was co-led by prominent investors including Andreessen Horowitz , former GitHub CEO Nat Friedman and entrepreneur Daniel Gross, who were joined by Sequoia Capital, SV Angel, Smash Capital, BroadLight Capital and Credo Ventures. Who are ElevenLabs?

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Artificial Inteligence Poland Cofounder Startup 85

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.” The conversation will be free-ranging, and it will include live Q&A with attendees, so we don’t know exactly what will happen.

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Lean Engineer Startup Cofounder 167

ReadWriteStart

MARCH 17, 2011

That's a pretty significant comment from the co-founder of one of the most successful startup incubators in Silicon Valley history, and begs the question: what is Imagine K12 doing that Y Combinator can't? Working with Students, Teachers, Schools for Product Development.

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Incubator Technical Review Silicon Valley Cofounder 116

Feld Thoughts

SEPTEMBER 16, 2011

A company at this stage could also face product development costs from consultants if they decided to outsource product development. However, Praveena has committed to personally get the first version of the product up and launched without outside consultants, so there is no expense here either.

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Balance Sheet Fractional CTO Burn Rate Salary 125

David Teten

OCTOBER 1, 2015

Thor Ernstsson, Founder of Alpha UX ; previously, founder of Casual Corp , a venture studio, said, “Fundamentally and theoretically, this model works; practically and actually, it didn’t at all. […] The most important thing to consider is that launching a startup is usually a personal endeavor. Others think the model can work.

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Software Developers Software Development Software Developer 60

YoungUpstarts

APRIL 12, 2021

When it comes to finding the right technical expertise to bring your product to life, what’s the best way to go? James Zhao, co-founder of Thought&Function, shares some of your options. The post Build, Borrow Or Buy — Three Ways To Work With Developers To Build A Tech MVP appeared first on Young Upstarts.

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Developer Cofounder Founder Product 231

Feld Thoughts

MAY 5, 2011

This approach worked much better, but by this point one of the co-founders was frustrated with the customer dynamics (all business facing) and decided to leave to start a new consumer-facing business (he left on good terms, we are still good friends, and he’s much happier today).

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CTO Hire Cofounder Architecture Product Development 131

The Next Web

MARCH 6, 2014

Here’s a problem I bet every non-technical founder has experienced: the communication gap between what the biz dev team wants and what the tech team thinks they want, and vice versa. It’s disruptive, and for founders, very frustrating to watch. Kelsey Meyer , Influence & Co. Their answers are below. Cross Train Members.

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Technical Review Development Team Review Developer Agile 129

Business Plan Blog

AUGUST 20, 2013

However, the biggest mistake that a non-tech entrepreneur launching a tech business is to neglect bringing on a tech savvy co-founder on the management team. This is generally achieved in one of the following ways: CTO Level Co-Founder (Equity). Development Plan (Timelines/Costs/Budgets). Product Development Team.

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CTO Hire Fractional CTO Architecture Cofounder 55

Startup Lessons Learned

JULY 13, 2009

Lessons Learned by Eric Ries Monday, July 13, 2009 The Principles of Product Development Flow If youve ever wondered why agile or lean development techniques work, The Principles of Product Development Flow: Second Generation Lean Product Development by Donald G. Reinertsen is the book for you.

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Product Development Developer San Francisco Product 153

crowdSPRING Blog

SEPTEMBER 19, 2014

Inside the Mind of a Technical Founder | OpenView Blog by Larry Kim – crowdspring.co/1u7Fz1b. 5 Signs You’ve Got the Wrong Co-Founder – crowdspring.co/1u17ovZ. 12 Qualities To Look For In A Co-Founder – crowdspring.co/1m97mzy. What’s the Best Time to Send Email Newsletters? 1m69Rmd.

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Social Media Small Business Design Media 94

Both Sides of the Table

FEBRUARY 11, 2018

We’ve known each other for nearly a decade and he’s been a friend, a co-investor in startups and a mentor to many startups with whom I’ve worked. He has embodied the typical founder journey you would expect from any dropout kid from Stanford or Harvard. It was just announced today on TechCrunch. eat your heart out. Next up for Cham?

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