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Burn RateContinuous DeploymentCustomer Development
Do some CustomerDevelopment instead. The product didnt convert well enough, the mainstream customers we were driving werent ready for the concept, and the event fed expectations about how successful the product was going to be that turned out to be hyper-inflated. Case Study: Continuousdeployment makes releases n.
The full formula works like this: runway = cash on hand / burnrate # iterations = runway / speed of each iteration Very few successful companies ended up in the same exact business that the founders thought theyd be in (see Founders at Work for dozens of examples). Case Study: Continuousdeployment makes releases n.
Worse was the large staff in departments appropriate to a mainstream-scale product, especially in customer service and QA. The passionate early adopters who flocked to the product at its launch could not sustain this outsized burnrate. We can capitalize on new customers.
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