Remove Development Team Review Remove Funding Remove Outsource Development Remove Product
article thumbnail

9 Women Can’t Make a Baby in a Month

Both Sides of the Table

The part of the movement that resonates the most with me (in my words) is that entrepreneurs should keep their capital expenditures really low while they’re experimenting with their product and determining whether there is a large market for what they do. Nascent startup markets are like fine wine, they take time to develop.

article thumbnail

High Burn Rates Result in Short Startup Runways

Startup Professionals Musings

Investors assume it will only go up with more funding. As a rule, you need to review your burn rate every month, and manage it every day. Another one to avoid cash burn for software development is a contract for percent of future revenue. That may mean waiting till you have a product before you add salespeople.

Startup 92
Insiders

Sign Up for our Newsletter

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

article thumbnail

Don’t Get Burned By Your Startup Burn Rate

Startup Professionals Musings

Investors assume it will only go up with more funding. As a rule, you need to review your burn rate every month, and manage it every day. Another one to avoid cash burn for software development is a contract for percent of future revenue. That may mean waiting till you have a product before you add salespeople.

Startup 48
article thumbnail

Spolsky on Software on Both Sides of The Table

Both Sides of the Table

This ended up developing into Visual Basic for Applications , the strategy for programmability in Microsoft Office. While customers will be willing to try your product, they think two steps ahead. The role of Product Managers at Technology Companies. Do you see product managers as a hindrance to software development?