Remove Burn Rate Remove Cost Remove Vertical
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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.) Sales people cost money, and when they’re not bringing in revenue, their wandering in the woods is time consuming, cash-draining and demoralizing. Who recommends a sale?

Lean 263
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Critical Key Performance Indicators (KPIs) for Founders

Up and Running

A data-driven approach can help you make accurate and timely business decisions to meet market demands and improve cost-efficiency. Activation rate: measures how many visitors are engaging with your website or app. ROI: measures the effectiveness of your marketing initiatives by comparing conversion values to costs. Sales KPIs.

Founder 71
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Customer Development Manifesto: The Path of Warriors and Winners.

Steve Blank

Customer Development is Low Burn by Design The Customer Development process keeps a startup at a low cash burn rate until the company has validated its business model by finding paying customers.

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The Secret History of Silicon Valley Part V: Happy 100th Birthday.

Steve Blank

An interesting phenomena of the 1920s that illustrates the fragility and cost of vacuum tubes is the “Reflex Receiver&# design methodology. There are serious negative trade-off costs with using reflex designs but compared to the economic costs of each vacuum tube, it was a justified trade-off. to do that.

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Libox Wants To Manage All of Your Media and on Any Device (Interview with Erez Pilosof)

VC Cafe

It also has synching services that usually cost money. Our burn rate is very low and the technology is very scalable. We have indirect competitors in each of those verticals. The problem of iTunes, Picasa and Bitorrent is that they are designed to the desktop. Libox is designed for integration for all your devices.

Media 84
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The Curse of a New Building « Steve Blank

Steve Blank

The startup guys should have taken the hint that their burn rate was likely inappropriate (read: out of control). Are his costs in control? It’s a company that’s lost sight of the values that got it there. Don’t let it happen to you. Stay hungry, stay lean. Lessons Learned N ew buildings are a distraction.

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The Customer Development Manifesto: The Startup Death Spiral (part.

Steve Blank

The Startup Death Spiral: The Cost of Getting Product Launch Wrong By the time of first customer ship, if a startup does not understand its market and customers, failure unfolds in a stylized ritual, almost like a Japanese Noh play.