Is the Lean Startup Dead?
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Is the Lean Startup Dead?
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Re: Is the Lean Startup Dead?
#2Key points:
1. The Lean Startup isn’t dead.
2. For most organizations, Lean is now essential to deliver innovation at speed, and the Innovation Pipeline is more relevant than ever.
3. But when capital is readily available at scale, it makes more sense to go big, fast, and make mistakes than it does to search for product/market fit.
Re: Is the Lean Startup Dead?
#3For every Startup raising $X million in funding there are probably a thousand solo entrepreneurs bootstrapping their way into profitability.
The spotlight only shines on "Startup X raises millions in new round".
Side projects are the new Lean startup.
Re: Is the Lean Startup Dead?
#4$1 billion for a video streaming service?? Are these people actually insane? I don't see any way they will make back that much money with a service in a completely oversaturated part of the internet where YouTube, Netflix and other streaming services are pretty much meeting every desire any customer would have.
I mean, power to the people that have invested, but this looks like an investment graveyard.
Re: Is the Lean Startup Dead?
#5Betteridge's law.
Re: Is the Lean Startup Dead?
#6[deleted]
Re: Is the Lean Startup Dead?
#7Betteridge's law.
Scrolls to bottom of article:
> Lessons Learned...The Lean Startup isn’t dead
Ah yes, there you go.
Re: Is the Lean Startup Dead?
#8As a bootstrapper, I see the point of what this article is trying to say. It's been increasingly difficult to create products that can find product market fit/validation and reach a scale where the income justifies the effort. And to top it off, the MVPs are becoming much more full product than simple landing page MVPs of years past -- and all of this requires a lot of capital (time, money, connections, volunteers, etc).
As more entrepreneurs enter the space, competition will only become more fierce. Even selling the tools to the gold rush has become commoditized with the choices available.
Re: Is the Lean Startup Dead?
#9For every Startup raising $X million in funding there are probably a thousand solo entrepreneurs bootstrapping their way into profitability. The spotlight only shines on "Startup X raises millions in new round". Side projects are the new Lean startup.
Solo entrepreneurs are not starting a startup, not as I (and most people) understand the term. After all, those thousands of "solo entrepreneurs" are starting things like coffee-shops, restaurants, garages, etc. They're examples of entrepreneurship, sure, but not startups.
Startups are specifically organizations that are trying to grow very big, or that are looking to try a new business model. The reason the spotlight shines on them is because starting something new is interesting (from a "news" perspective, at least). Getting big is interesting. Starting a new restaurant - not really interesting, except for people who live in that area.
Re: Is the Lean Startup Dead?
#10For every Startup raising $X million in funding there are probably a thousand solo entrepreneurs bootstrapping their way into profitability. The spotlight only shines on "Startup X raises millions in new round". Side projects are the new Lean startup.
Solo entrepreneurs are not starting a startup, not as I (and most people) understand the term. After all, those thousands of "solo entrepreneurs" are starting things like coffee-shops, restaurants, garages, etc. They're examples of entrepreneurship, sure, but not startups. Startups are specifically organizations that are trying to grow very big, or that are looking to try a new business model. The reason the spotligh…
This is a difficult argument to counter, the term Startup doesn't have a definitive definition that I'm aware of. So we could be arguing semantics.
But fair enough, exclude the coffee shops, restaurants if you like.
But you're still left with a lot of people building something they hope gets bigger. That fits your definition.