I think the Agile Alliance does a really good job defining Minimum Viable Product which defines it as that version of a new product which allows a team to collect the maximum amount of validated learning about customers with the least effort. The purpose of the MVP is to learn Read more…
One rule of thumb when hiring employees in an early-stage startup that the starting salary is 30% below “market” for a similar role with an established company. To compensate for the lower salary, options are offered. The first option grant should compensate for the lower salary and vest over 4 Read more…
In a startup, focus on internal controls and building a sustainable business to increase shareholder value. When your startup is pre-revenue, pre-launch, there is a tendancy to focus 100% of your efforts and resources towards building your product or service and making it to launch. The idea is that if Read more…