“After the crash, venture capital was scarce to non-existent. (Most of the funds that started in the late part of the boom would be underwater). Angel investment, which was small to start with, disappeared, and most corporate VCs shut down.…
The daily Dilbert caricature this morning put a smile on my face this morning (image below). Lean Startup methodology is all about rapid prototyping and "Failing Fast". According to Dilbert, given a crappy idea, he can fail as quickly or as slowly as you'd like
I'm a big fan of the Lean Startup movement. At the heart of Lean Startup methodology is the concept of "Pivoting", essentially changing the product, the target market, the business model, etc when the startup can't prove its original hypothesis.
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