Salut Entrepreneurs,
The Startup Genome Project team came together 3 months ago to attempt to crack the "innovation code" of Silicon Valley and share it with the rest of the world. Today we are releasing the first Startup Genome Report— a 67 page in depth analysis on what makes Silicon Valley startups successful based on profiling over 650 startups.
The report was co-authored by Berkeley & Stanford faculty members along with other contributors including Steve Blank, the Sandbox Network team & the blackbox team.I hope this will be helpful for you! You find the full report on startupgenome.ccHere a few of our findings:
1. The value-add that investors claim to offer in an operational capacity has little to no effect.
2. Startups that pivot once or twice have 3.6 times better user growth than startups who pivot three times or more. Startups that never pivot under-perform startups that pivot once or twice.
3. Startups without a technical cofounder are 80% more likely to scale prematurely, have 152% less user growth and need 45% longer to reach product market fit than startups with 1 technical cofounder.
4. Founders generally underestimate how long it will take to validate a market by 100 to 200 percent.
Feedback is welcome - please join the discussion on Hacker News: http://news.ycombinator.com/item?id=2594982cheers,
Bjoern
The Startup Genome Project team came together 3 months ago to attempt to crack the "innovation code" of Silicon Valley and share it with the rest of the world. Today we are releasing the first Startup Genome Report— a 67 page in depth analysis on what makes Silicon Valley startups successful based on profiling over 650 startups.
The report was co-authored by Berkeley & Stanford faculty members along with other contributors including Steve Blank, the Sandbox Network team & the blackbox team.I hope this will be helpful for you! You find the full report on startupgenome.ccHere a few of our findings:
1. The value-add that investors claim to offer in an operational capacity has little to no effect.
2. Startups that pivot once or twice have 3.6 times better user growth than startups who pivot three times or more. Startups that never pivot under-perform startups that pivot once or twice.
3. Startups without a technical cofounder are 80% more likely to scale prematurely, have 152% less user growth and need 45% longer to reach product market fit than startups with 1 technical cofounder.
4. Founders generally underestimate how long it will take to validate a market by 100 to 200 percent.
Feedback is welcome - please join the discussion on Hacker News: http://news.ycombinator.com/item?id=2594982cheers,
Bjoern
Εστάλη από τη συσκευή μου BlackBerry®
From: "Startup Genome" <startup@supercoolschool.com>
Sender: "Startup Genome" <startup=supercoolschool.com@mcsv172.net>
Date: Sat, 28 May 2011 15:32:40 -0400
To: Emmanouil Chrysis<echrysis@sch.gr>
ReplyTo: "Startup Genome" <startup@supercoolschool.com>
Subject: Discover The Patterns Of Successful Internet Startups In The Startup Genome Report
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