3 ms·
There seem to be two schools of thought here, both interesting to me. The author seems to think that his failure has something to do with problems associated wi
by gline 13y ago
There seem to be two schools of thought here, both interesting to me. The author seems to think that his failure has something to do with problems associated with the "lean startup" model and other commenters (lean startup adherents, apparently) seem to hink his failure has something to do with failing to properly follow the tenets of the philosophy.
I suspect actually that the author adhered about as closely to "lean startup" as many self-identified "lean startups" who have succeeded in the past, and made a pretty average number of mistakes in the process. I don't think of 'lean startup' as a way to guarantee success, I think of it as a way to fail gracefully if you don't succeed. The author came pretty close to this, actually - it doesn't sound like they burned through enormous piles of venture capital money, it seems like they learned a lot in the process, it seems like they didn't spectacularly fail to make payroll causing half a dozen family-bound engineers to suddenly lose their livelihoods. The only less-than-graceful element of their failure was that it took two years, which is probably a little (though not a lot) on the long side. Frankly late in the process they came pretty close to scoring what sounds like it would have been a pivotal investor, and that combined with lessons learned could have produced a true MVP, product market fit, and a viable startup...
So, I think the author successfully followed a good chunk of lean software advice, made some mistakes, got unlucky, and failed. This is what most startups do - even most lean startups - and there should be no shame in it. Paul Graham himself has remarked he wishes he were able to bring himself to invest in more likely-to-fail black swans because that's the way you get to own enough vol to have a real winner in your portfolio - we all should be more comfortable with the risk of failure.