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Your Product Needs to be 10x Better than the Competition to Win. Here’s Why:

Both Sides of the Table

He wanted to build direct customer relationships to get product feedback but only 2% of customers would ever return their registration cards. So when he saw the browser it instantly dawned on him that this would be the greatest customer development tool ever. Shopping.com. The Wedding Channel. They are very hands on.

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Top 30 Startup Posts for July 2010

SoCal CTO

Welcome to the Lost Decade (for Entrepreneurs, IPO’s and VC’s) - Steve Blank , July 15, 2010 If you take funding from a venture capital firm or angel investor and want to build a large, enduring company (rather than sell it to the highest bidder), this isn’t the decade to do it. Customer Validation needs to have the CEO actively involved.

Startup 217
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A Night Of #Hackfest With BetterWorks

Tech Zulu Event

I dropped in to check out the contest a few times during the competition and the environment was uplifting and exciting. Sparqlight – parts prebuilt before competition. Quick Web App Builder (QWAB) – parts prebuilt before competition. Welcome to the accelerated version of Startup Weekend. Teams: CoderTie.

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Top 40 Startup Posts for August 2010

SoCal CTO

They are: Fred Wilson: Lead Investors, Dipshit Companies, and Funding Every Entrepreneur. I've funded some myself. The expanding pool of angel, seed, and super seed funds is another. There is no competition. While I agree that many VCs are crummy seed investors, I think there are some that are excellent seed investors.

Startup 191
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Are Business Plans Still Necessary?

Both Sides of the Table

Do you really want to spent $100k building a product to discover through Customer Development that the market is too small? Let’s start with how much value you think you’ll create for your customer if they use your product in terms of hours saved, costs avoided, extra sales, better conversion rates or whatever.

Web 2.0 334
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Top 29 Startup Posts May 2010

SoCal CTO

Guide to Evaluating Startup Ideas - Tony Wright dot com , May 27, 2010 A great developer I once worked with was kvetching at lunch one day. He’d been working at a well-funded startup for about a year and had come to terms with the fact that the startup was really a pretty dumb idea. They’re deep into Customer Development ,” he said.

Startup 248
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5 Tips to Becoming a More Customer Centric Organization

Both Sides of the Table

We spent time out in the marketplace talking with customers, looking at their solutions, comparing ourselves with our competition and then squirreling ourselves away in our offices designing our next set of features. Being transparent about our workload, our struggles, our fund raising, whatever. Back then it seemed foreign.