Came across this excellent presentation by Steve Blank (shown at the SxSW 2011 conference)
This blog post by Steve Blank provides more background on the deck above: http://steveblank.com/2011/03/18/new-rules-for-the-new-bubble/
An interesting quote by the author:
2001 – 2010 – The Era of the Lean Startup:
- Customer Development, Agile Engineering and the Lean methodology enforced a process of incremental and iterative development. Startups could now get a first version of a product out to customers in weeks/months rather than months/years
Startups began to recognize that they weren’t merely a smaller version of a large company. Rather they understood that a startup is a temporary organization designed to search for a repeatable and scalable business model.