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.) Preserve your cash: When you have unlimited cash (internet bubbles, frothy venture climate,) you can iterate on your mistakes by burning more dollars.

Lean 260
article thumbnail

People-First Capitalism

Reid Hoffman

What’s some of the ways that that kind of informs your leadership? Airbnb got scrutiny before we were big, because Airbnb meant the internet moving into your neighborhood. If we’re making a consumer internet company, it should be good for people consuming it. And we’ll talk about this in a number of different ways.

Insiders

Sign Up for our Newsletter

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

article thumbnail

People-First Capitalism

Reid Hoffman

What’s some of the ways that that kind of informs your leadership? Airbnb got scrutiny before we were big, because Airbnb meant the internet moving into your neighborhood. If we’re making a consumer internet company, it should be good for people consuming it. And we’ll talk about this in a number of different ways.

article thumbnail

The Future of Startups 2013-2017

Scalable Startup

To bring out a new technology for consumers first, you just had a very long road to go down to try to find people who actually would pay money for something. So it would seem like they are an antidote to, or at least less offensive than, social/consumer Internet companies are to the public markets. Stick a fork in it.

article thumbnail

An Inside Scoop on the Funding Environment and What it Might Mean for You

Both Sides of the Table

So we brought in experience hand Mark Woodward who had taken 2 companies public and had a storied sales leadership turned CEO career where he learned in academy-rich Oracle. Luckily we were never a unicorn so we didn’t have to have a destructive massive down-round that makes it harder (but not impossible) to get done.