Customer Development Manifesto
There Are No Facts Inside Your Building, So Get Outside
Pair Customer Development with Agile Development
Failure is an Integral Part of the Search for the Business Model
If You’re Afraid to Fail You’re Destined to Do So Iterations and Pivots are Driven by Insight
Validate Your Hypotheses with Experiments Success Begins with Buy-In from Investors and Co-Founders
No Business Plan Survives First Contact with Customers Not All Startups Are Alike
Startup Metrics are Different from Existing Companies Agree on Market Type –It Changes Everything Fast, Fearless Decision-Making, Cycle Time, Speed and Tempo
If it’s not About Passion, You’re Dead the Day You Opened your Doors Startup
Titles and Functions Are Very Different from a Company’s Preserve Cash While Searching.
After It’s Found, Spend Communicate and Share
Learning Startups Demand Comfort with Chaos and Uncertainty
Source: steveblank.com
Source: bluepueblo
parislemon: Fathoming Facebook
Amidst my snark, there are a few high level things about Facebook’s numbers that I find interesting.
First:
So Facebook had nearly double the profits of Amazon in 2011…
— MG Siegler (@parislemon) February 1, 2012Second:
Facebook revenue and profit are both about about 1/10th…
Source: parislemon
yongfook: Design is Horseshit!
In direct response to: http://designerfund.com/infographic
I’ve created products / services in the past that have garnered praise for their design. I love good design in all forms - copywriting in particular fascinates me. I’ve never called myself a designer.
Here’s my pitch. This…
Source: yongfook
A "Holy Fucking Shit" Quarter
Remember back in October when after a rare “miss” by Apple (which was only a miss because analysts are stupid and lazy), the early signs pointed to the potential of a $40 billion quarter? Some thought that was insane given that Apple had never even had a $30 billion quarter before. Well, turns out that projection was a little insane — insanely low.
Try a $46.33 billion quarter.
It’s a number so insane that it even destroys the $42.76 billion blow-out “whisper” number.
As for the early projections of 34 million iPhones sold — which again, some people thought were crazy — also low. Try 37 million.
But hey, Android is winning, right?
As for the other numbers. 15.43 million iPads. A record. 5.2 million Macs. A record. 15.4 million iPods. Not a record, but no surprise — this is the age of the iPhone.
Net quarterly profit was $13.06 billion. Again, holy shit.
That stock you were an idiot for selling after aforementioned “miss”? Up 10% now in after-hours trading, well past $460 a share. By far an all-time high, pushing Apple’s market cap well past $400 billion.
I’ll be listening to the call at 2PM PT and posting some follow-up thoughts on TechCrunch. Stay tuned.
Source: parislemon
