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Is the Lean Startup concept of MVP dead?

VC Cafe

In a capital scarce environment following the Dot Com crash, startups needed to do more with less and survive long enough to generate revenue. Capital resources alone don’t do the trick. ” The Lean Startup movement started out of necessity. Cash (alone) isn’t king.

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Innovation, Change and the Rest of Your Life

Steve Blank

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.

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Timing: When to raise seed funding.

Scalable Startup

Raising seed capital is a tricky business. Most are making major mistakes in their approach when seeking capital. If you’ve already soft launched, have a product available, are telling the world about your awesome company but don’t have revenue/user growth, you’re probably in the red zone.

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Crazy! 189 Answers To The Top Startup Questions On Your Mind

maplebutter.com

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.