Remove Burn Rate Remove Lean Remove Product Development
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Is the Lean Startup Dead?

Steve Blank

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.

Lean 335
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Lean Startups aren't Cheap Startups

Steve Blank

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.

Lean 263
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Why More Funding Won’t Magically Fix Your Startup

Mucker Lab

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.

Startup 78
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The Customer Development Manifesto: The Startup Death Spiral (part.

Steve Blank

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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Sayahh’s Financial Statements For August 2011

Feld Thoughts

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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Create Structure out of the Gate and You’ll Thank Yourself Later

Feld Thoughts

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.

Burn Rate 152
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Twitter Link Roundup #235 – Small Business, Startups, Innovation, Social Media, Design, Marketing and More

crowdSPRING Blog

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.