Customer Development Team Review Invest Resource 
Both Sides of the Table
MARCH 30, 2011
In the initial phases of any new market you’re developing a product (hopefully with a minimal set of features), getting feedback from customers, refining your product based on user feedback and then re-launching your product. Markets develop for a complex set of factors that are often beyond all of our control.
Startup Professionals Musings
FEBRUARY 21, 2012
That refueling is when you will need more investment, or when you will break even and begin that steep profitable growth curve. As a rule of thumb, investors expect each investment round you get to last at least a year to 18 months. As a rule, you need to review your burn rate every month, and manage it every day.
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Startup Professionals Musings
JANUARY 28, 2011
That refueling is when you will need more investment, or when you will break even and begin that steep profitable growth curve. As a rule, you need to review your burn rate every month, and manage it every day. This will equate to 2 working founders (taking no salary), hiring a 5-person development team for a year.
SoCal CTO
FEBRUARY 13, 2013
Once you build it, they will now ask you about the key metrics that they need proven in order to see if you really are a good investment. The second bullet, getting feedback from customers is most often not valid either. If you do not break it down into small pieces, its hard to make progress with part-time resources, freelancers, etc.
Startup Professionals Musings
FEBRUARY 5, 2010
That refueling is when you will need more investment, or when you will break even and begin to make a profit. As a rule, you need to review your burn rate every month, and manage it every day. This will equate to 2 working founders (taking no salary), hiring a 5-person development team for a year.
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