article thumbnail

Is the Lean Startup concept of MVP dead?

VC Cafe

.” Steve Blank, “Is the lean startup dead?” ” The Lean Startup movement started out of necessity. In a capital scarce environment following the Dot Com crash, startups needed to do more with less and survive long enough to generate revenue. Capital resources alone don’t do the trick.

Lean 214
article thumbnail

Building a new startup hub

Startup Lessons Learned

Provide early seed capital, and be the ones to make those introductions. I did my best to capture video and audio; a YouTube playlist and Slideshare slidecast are below: Slides (with audio): 2009 08 19 The Lean Startup TechStars Edition View more presentations from Eric Ries. The Lean Startup Intensive is tomorrow at Web 2.0.

Insiders

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

article thumbnail

Fund Raising is a Means Not an End

Steve Blank

If you’re a scalable startup, you want to spend small amounts of money (seed capital) as you run experiments testing your hypotheses. A seed round can come from friends, family, Kickstarter, angels – and most importantly, early customers. Why small amounts? No startup ever spends less then it raises. When to raise money.

article thumbnail

A Quality Benchmark for Accelerators: The Global Accelerator Network

Feld Thoughts

As with everything new that grows quickly, it’s a chaotic system with lots of innovation, creative destruction, and rapid change and learning that – if done well – is a great example of the power of the Lean Startup approach to entrepreneurship. Provide some sort of seed capital to their founders.

Global 179
article thumbnail

Fund Raising is a Means Not an End

Steve Blank

If you’re a scalable startup, you want to spend small amounts of money (seed capital) as you run experiments testing your hypotheses. A seed round can come from friends, family, Kickstarter, angels – and most importantly, early customers. Why small amounts? No startup ever spends less then it raises. When to raise money.

article thumbnail

How do serial entrepreneurs such as Kevin Systrom and Jack Dorsey sustain themselves while working on a project that doesn’t yet generate cash-flow?

Gust

If not, and they have neither savings nor parents to help them out, they need to find a paying gig (either a traditional job, or a revenue-generating lean startup such as Travis Corrigan describes) to fund their living expenses while they get the next startup off the ground working nights and weekends.

article thumbnail

Why I Worry About Venture-Backed Mental Health & Addiction Startups

Hunter Walker

Traditional venture capital models lean into what’s called ‘power laws.’ This is my most significant concern about the wave of mental wellness startups being funded with venture dollars — what happens to the clients of the ones which fail? Photo by Matthew Waring on Unsplash.

Startup 148