Remove Customer Development Remove Demand Remove Early Stage Remove IRR
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Fund Raising is a Means Not an End

Steve Blank

And at this early stage you’ll be giving up a larger percentage of your firm to investors. A seed round can come from friends, family, Kickstarter, angels – and most importantly, early customers. In normal times, when there aren’t dollars to undo mistakes, you use Customer Development to find product-market fit.

article thumbnail

Fund Raising is a Means Not an End

Steve Blank

And at this early stage you’ll be giving up a larger percentage of your firm to investors. A seed round can come from friends, family, Kickstarter, angels – and most importantly, early customers. In normal times, when there aren’t dollars to undo mistakes, you use Customer Development to find product-market fit.