18. High Cost to First Product Long Time to First Product Startup Constraints Slow Customer Adoption High Startup Failure Rate
19. Startups are small versions of large companiesFocus is on execution of business plan
20. Low Cost to First Product Short Time to First Product Entrepreneurial Explosion Fast Customer Adoption Lower Startup Failure Rate
21. Startups are not small versions of large companiesFocus is on Search for a business model
22. High Cost to First Product Long Time to First Product Startup Constraints Limited Number of Venture Capitalists Slow Customer Adoption High Startup Failure Rate
24. Low Cost to First Product Short Time to First Product Entrepreneurial Explosion Large Pool of Risk Capital Fast Customer Adoption Rate Lower Startup Failure Rate
26. High Cost to First Product Innovation Limited to a Few Regions Long Time to First Product Startup Constraints Limited Number of Venture Capitalists Slow Customer Adoption High Startup Failure Rate
28. Low Cost to First Product Global Innovation Short Time to First Product Entrepreneurial Explosion Large Pool of Risk Capital Fast Customer Adoption Rate Lower Startup Failure Rate
29. Menlo Park, San Francisco New York, Shanghai, Israel, Chile, Singapore
30. Low Cost to First Product Global Innovation Short Time to First Product Entrepreneurial Explosion This talk Large Pool of Risk Capital Fast Customer Adoption Rate Lower Startup Failure Rate
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103. Product Development Concept/Bus. Plan Product Dev. Alpha/Beta Test Launch/1st Ship + CustomerDevelopment Company Building CustomerDiscovery CustomerValidation Customer Creation Customer Development Pivot
104. Customer Discovery CustomerDiscovery CustomerValidation Company Building CustomerCreation Test yourbusiness model hypotheses Continuous Discovery Done by founders