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My take was the article left the reading feeling most startups are raising large amounts of capital. When actually, most probaly are not. But this is almost im
by 1ba9115454 8y ago
My take was the article left the reading feeling most startups are raising large amounts of capital.
When actually, most probaly are not. But this is almost impossible to measure as who can survey everyone with a side project.
- dmix 8y agoI believe Steve is talking about traditional startups (high growth entities with full teams, capital, boards/advisors, etc). Solo entrepreneurs, side-projects, 'lifestyle businesses', ISVs, and other small businesses in tech don't really fit into that category. Although while many of them still call themselves startups (which is fine) the distinction is quite clear. Lean Startups has fundamental business advice that is good for any company. But Steve's analysis here is clearly targeted as a specific group of traditional high-growth startups which angels/VCs invest in, from which the original idea for Lean was spawned and designed for (and later found wider applications outside of startups - for better or worse).