VC Cafe

JULY 26, 2020

In a capital scarce environment following the Dot Com crash, startups needed to do more with less and survive long enough to generate revenue. Ditch the business plan and when assumptions are proven wrong, pivot Customer Development: Build a product your customers want (vs. Cash (alone) isn’t king.

Lean 214

Lean Seed Capital Startup Burn Rate 214

maplebutter.com

JANUARY 8, 2013

I would focus on one product and set a goal to generate $1M in yearly revenue from it. Near shoring development with your team (ex: your team is based in Canada / India) is cool, but not outsourcing. Outsourcing is something a big company, with a known customer / problem (that has revenue & traction) does to save cost.

Technical Review 44

Technical Review Startup Cofounder Software Review 44

Steve Blank

MAY 9, 2017

A company developing software would have to buy computers and license software from other companies and hire the staff to run and maintain it. Today open source software has slashed the cost of software development from millions of dollars to thousands. VCs have now ceded more control to founders.

Restful 243

Restful Silicon Valley Puerto Rico San Jose 243