article thumbnail

Why Seed Funds Have Scaled

Haystack

3/ Industrial Atmosphere – I like to say that “tech” over the last decade went from being perceived as a vertical sector to now being horizontal, where tech has or will permeate most if not all industries.

article thumbnail

Lean Startups aren't Cheap Startups

Steve Blank

In times when venture capital is hard to get, investors extract high costs for failure (down-rounds, cram downs , new management teams, shut down the company.)

Lean 244