article thumbnail

Forget what you know: There’s no right way to start up

The Next Web

For the past year, they invested in the team and technology to prioritize speed of iteration with disregard to traditional methods of customer development and company building. WhatsApp, recently acquired by Facebook for $19 billion in cash and stock options , challenged traditional Silicon Valley logic.

article thumbnail

Top 29 Startup Posts May 2010

SoCal CTO

He’d wasted a year of his life and had a pile of stock options that weren’t very interesting. They’re deep into Customer Development ,” he said. He’d been working at a well-funded startup for about a year and had come to terms with the fact that the startup was really a pretty dumb idea. Tesla is not. Here’s why.

Insiders

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

article thumbnail

What would you want to tell Washington DC about startups?

Startup Lessons Learned

I started my last company with 100% off-shore resources because I could never have completed Customer Development at a reasonable cost of money or regulatory burden had I employed US Citizens. The Entrepreneur’s Guide to Customer Development ► June (3) What is a startup?

DC 90
article thumbnail

Smart Bear Live 8: Edwin from MeetingKing.com

A Smart Bear: Startups and Marketing for Geeks

They have many, many man-years of development and customer development in them. You may call it employee number one with a really low salary and really generous stock options and as the company grows, you’ll fix their salary. Edwin: There are a million others. Maybe that’s one way to go, right?

article thumbnail

From Nothing To Something. How To Get There.

techcrunch.com

Everything Seth said is absolutely spot on, except I’d encourage founders to make sure they do some customer development (even in the consumer space) in parallel to cranking out the first product. Will be looking forward to seeing the next piece that you do. Andrew Holt I love these kinds of articles.