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10 Strategies To Cover New Product Development Costs

Startup Professionals Musings

The “valley of death” is a common term in the startup world, referring to the difficulty of covering the negative cash flow in the early stages of a startup, before their new product or service is bringing in revenue from real customers.

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For the sake of productivity, developers need to learn to say “no”

The Next Web

Whoever coined the mantra ‘The customer is always right’ has never tried to undertake development tasks for clients with grandiose ideas, but zero technical background. Nowadays, every company might be a software company, but not everyone knows how to effectively manage software development projects.

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Airbnb S-1 (Part 1): So How Profitable Is This Thing Really?

View from Seed

So even before you get to product development (20% of revenue) or G&A (14% in 2019), you’re already looking at a narrower potential margin than you might expect from a marketplace or transaction platform.

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How To Prevent Gaps in An Innovative Startup Strategy

Startup Professionals Musings

Product development chasm. Another common chasm is never-ending product development. Focus is required to resist adding a few more neat features, made possible by the new technology, which in fact make the product more complex to use, impossible to test, and very expensive in time and cost.

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Using Generative AI to Drive Corporate Impact

TechEmpower

It plays a crucial role in product development too, where generative AI speeds up design processes, streamlines testing, and tailors user experiences effectively. By processing and analyzing large datasets, AI can identify emerging trends, enabling companies to align their product strategies with future market demands.

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Why You Should Be Doing Product Discovery

YoungUpstarts

You might also consider speaking to a product development studio such as Dovetail to help with your product discovery process. As an example, Dovetail leads consumer product development at Afterpay and has helped them grow to a $10B international payments leader.

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Startya Helps You Build Your Idea For A 30% Stake In Your Company

YoungUpstarts

And it’s probably far better than having no product at all. Ideaspotting entrepreneur Funding product development startup Startya' Startya is an interesting addition to the entrepreneur value ecosystem.