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Fred Destin, partner at Atlas Venture which has companies such as Daily Motion, Zoopla and Seatwave in its portfolio, gave a talk at TechHub today (I told you TechHub was doing lots of quality events). Atlas has been an early investor in some interesting companies and Fred offered 30 or so TechHub members some insight and advice on the complete cycle of starting a tech venture, building it up and then scaling it to the stars and beyond.
The lean methodology is all the rage these days, and it was a big part of the talk. The jist of the talk was this: Don’t treat it as a religion, it’s a method. And it applies 90% of the time.
For more on “Lean Startups”, Fred recommended a trinity of thinkers:
- God: Steven Gary Blank (of Four steps to the epiphany)
- Jesus: Eric Ries (of The Lean Startup)
- Mary the honorary European: Alex Osterwalder (of Business Model Generation)
Other resources recommended were David Skok’s site if you’re in the enterprise business, and Dave McClure’s “startup metrics for pirates“. According to my father in-law, the uglier the cake, the better it tastes. The same applies for the metrics for pirates talk. Ugly as hell, but very good (my words, not Freds!).
