Steve Blank

SEPTEMBER 5, 2018

It’s the antithesis of the Lean Startup. First Movers” didn’t understand customer problems or the product features that solved those problems (what we now call product-market fit). Startups with huge burn rates – building leases, staff, PR and advertising – ran out of money. The Rise of the Lean Startup.

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Steve Blank

NOVEMBER 2, 2009

For those of you who have been following the discussion, a Lean Startup is Eric Ries ’s description of the intersection of Customer Development , Agile Development and if available, open platforms and open source. Over its lifetime a Lean Startup may spend less money than a traditional startup.

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Steve Blank

SEPTEMBER 7, 2009

This post describes how following the traditional product development can lead to a “startup death spiral.&# In the next posts that follow, I’ll describe how this model’s failures led to the Customer Development Model – offering a new way to approach startup sales and marketing activities.

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Feld Thoughts

SEPTEMBER 16, 2011

A company at this stage could also face product development costs from consultants if they decided to outsource product development. However, Praveena has committed to personally get the first version of the product up and launched without outside consultants, so there is no expense here either.

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Balance Sheet Fractional CTO Burn Rate Salary 126

Feld Thoughts

NOVEMBER 18, 2013

One of them used to be a lead developer at [insert hot consumer tech company here]. They need to raise money before building anything substantial after determining that they needed a little dough to follow the Lean Startup methodology. It’s enough time to hang yourself if you are not careful.

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Burn Rate Equity Software Review Early Stage 153

crowdSPRING Blog

SEPTEMBER 19, 2014

Are startup burn rates out of control? Busting the Lean-Startup Myth – crowdspring.co/1ozOXHA. Six Things Physical Product Development Taught Me About Experience Design | UX Magazine – crowdspring.co/X7NCjD. They seem to be | AVC – crowdspring.co/1rbM5FT. Hiring startup engineers? 1m69Rmd.

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Mucker Lab

MAY 28, 2020

These lost startups land higher valuations, have larger teams, outsource more product development and spend more money on customer acquisition than their peers. Before you indulge in marketing, sales and blinged-out offices, find product-market fit. Sometimes founders misapply lean startup methodology.

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Startup Cofounder Burn Rate Technical Review 78