David Teten

OCTOBER 1, 2015

Should you co-found your company with a software development shop? I’ve talked with a number of software development shops who are eager to get into the business of cofounding companies, i.e., getting product revenue and equity instead of just consulting revenue. mentor VCs, e.g., most VCs.

Software Developers 60

Software Developers Software Development Software Review Technical Cofounder 60

Startup Professionals Musings

OCTOBER 5, 2014

Deferred payments start with stretching the payables period but, more importantly, include giving employee equity in lieu of a higher salaries and negotiating vendor deferred payments out of future revenues. For example, a software development startup raising $250,000 from angel investors better be able to operate on $25,000 per month.

Burn Rate 262

Burn Rate Hockey Stick Entrepreneur Salary 262

Startup Professionals Musings

SEPTEMBER 14, 2016

Deferred payments start with stretching the payables period but, more importantly, include giving employee equity in lieu of a higher salaries and negotiating vendor deferred payments out of future revenues. For example, a software development startup raising $250,000 from angel investors better be able to operate on $25,000 per month.

Burn Rate 120

Burn Rate Hockey Stick Startup Salary 120

Gust

APRIL 27, 2014

Software Development Process via Wikipedia. This will include the first version of many critical processes that can be split out later, including market opportunity, requirements, product definition, business model, sales process, and organization. Product development process. Billing and revenue collection.

Startup 187

Startup Institutional Investors Angel Investor Bootstrapping 187

YoungUpstarts

FEBRUARY 21, 2019

They can now save money with VPN products. Hire Remote Contracted Employees. All of that goes away when an employer hires remote contracted help. By hiring remote help, businesses are discovering how much money they are saving by not having an extra team member sit at a desk on site.

Cloud 113

Cloud eCommerce Security Advertising 113

Steve Blank

AUGUST 31, 2009

After 20 years of working in startups, I decided to take a step back and look at the product development model I had been following and see why it usually failed to provide useful guidance in activities outside the building – sales, marketing and business development. So what’s wrong the product development model?

Customer Development 238

Customer Development Developer Customer Silicon Valley 238

Steve Blank

MAY 9, 2017

The second thing that’s changed is that we’re now Compressing the Product Development Cycle. In the 20 th century startups I was part of, the time to build a first product release was measured in years as we turned out the founder’s vision of what customers wanted. That’s no longer the case. We now understand that’s wrong.

Restful 222

Restful Silicon Valley Puerto Rico San Jose 222

Steve Blank

NOVEMBER 2, 2009

The key contributors to an out-of-control burn rate is 1) hiring a sales force too early, 2) turning on the demand creation activities too early, 3) developing something other than the minimum feature set for first customer ship. And I can even imagine cases where it might burn more cash than a traditional startup. Lets see why.

Lean 244

Lean Silicon Valley Startup RSS 244

Hearpreneur

DECEMBER 31, 2016

It could be more revenue, hiring clients or launching a new product or service, but every new year is an exciting time because it’s ripe with opportunity. 1 – Developing Software. Financially, I believe I will be able to triple my revenue and income in 2017 and hit the six figure mark.

Entrepreneur 68

Entrepreneur Software Review New Zealand Mobile 68

Startup Lessons Learned

SEPTEMBER 15, 2008

But by taking advantage of open source, agile software, and iterative development, lean startups can operate with much less waste. I am heavily indebted to earlier theorists, and highly recommend the books Lean Thinking and Lean Software Development. The lean startup is an application of Lean Thinking. No more, no less.

Lean 168

Lean San Francisco Startup Continuous Deployment 168

Startup Lessons Learned

FEBRUARY 10, 2009

You cant make these global efficiency improvements until you get clear about the goal of your development process. That leads to a seemingly-obvious question: what is progress in software development? In a lot of cases, thats just a fancy name for revenue or profit, but not always. If a feature worked, wed keep it.

Continuous Deployment 123

Continuous Deployment San Francisco Software Review Lean 123

Startup Lessons Learned

JANUARY 28, 2009

Its an essential discipline of good software development, especially in startups. Still, theyre not really hitting it out of the park, because their product isnt growing new users as fast as theyd like, and they arent making any money from the current users. Heres a company I met with recently. Great post, Eric.

San Francisco 79

San Francisco Lean Continuous Deployment DC 79

Startup Lessons Learned

AUGUST 1, 2009

Most executives, especially in startups, dont have the courage to hold their teams to a high standard for new products or features. Not even if its generating revenue. The only efforts a new product team should be expending are those that lead to validated learning about customers. Will start to pay attention. Great post Eric.

San Francisco 166

San Francisco Lean Continuous Deployment DC 166

Startup Lessons Learned

JULY 2, 2009

Labels: five whys root cause analysis , product development 15comments: Anonymoussaid. Furthermore, I think most of what you are suggesting is applicable in companies/ industries that are not software development. It's so old and so buggy that it's a real pain to ship 3D software on it.

San Francisco 164

San Francisco Lean Technical Review Software Review 164

maplebutter.com

JANUARY 8, 2013

You are here: Home » Hiring » Crazy! Written By Dan Martell on February 2nd, 2012 | Category: Hiring LeanStartup Marketing Metrics Startup Life | 6 Comments. Or should I launch products and a startup for each of them, focusing on only 1 product at a time? Ability to hire top talent (A+ talent).

Technical Review 44

Technical Review Startup Cofounder Software Review 44

Startup Lessons Learned

JUNE 15, 2009

At IMVU, we would occasionally hire someone from a more traditional organization who had a hard time letting go of their “best practices&# and habits. It lets the customer and development team spot problems with calculations almost immediately. Why do software developers think this is acceptable? I should think not.

Continuous Deployment 167

Continuous Deployment Software Review San Francisco Lean 167

Software By Rob

AUGUST 18, 2010

The only thing that seemed to be consistent about my growth was that my revenue was relatively flat while my user base kept growing. This turned out to be a good move since it doubled their revenue that month. He has a great stats page that shows everything from monthly revenue to the breakdown of users by plan type.

Software Review 78

Software Review Software Revenue Cofounder 78

www.quora.com

JANUARY 16, 2011

Sure, it garners the "winning " reply above, but in reality I find the answers below by Cody Riddar that directs the asker to go hire an inexpensive prototype development team much more helpful than the "leading answer" that gives the "Quora rockstar engineer" point of view.

Developer 42

Developer Technical Review Cofounder Technical Cofounder 42