Remove Capital Call Remove Cost Remove Lean
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Are Business Plans Still Necessary?

Both Sides of the Table

Many of these businesses were what First Round Capital called FNACs (features, not companies – this acronym has always stuck with me). The last couple of years has also seen the huge initial success of Ycombinator, the Lean Startup and many other product driven approaches to going to market. portfolios.

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Chronic Under-financing of EU Start-ups Driven by Mindset

Babbling VC

We keep hearing about lean start-ups and how much costs have dropped when launching and growing a business. You could of course argue that the lean start-up method doesn't call for much money but this is misleading. Initial costs are peanuts to get something up and running. What does this all boil down to?

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