Sunday, March 20, 2011

Are we in the era of Dot Com Bubble 2.0?

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.

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