I finally managed to catch up with my reading and found a rather intriguing post by Fred Wilson about startup burn rates. More specifically, how much should startup spend (follow up post here) to build different stages of its product. What kind of amused me was the $50K monthly burn rate when a startup is in a Building Product Stage. My experience has been way different and I believe that you will agree with me – you don’t need to spend that much.
In my time in the whole startup world I’ve come to notice that Minimum Viable Product (MVP) is understood somewhat differently to most founders. Lately I have been getting the question of “What is Minimum Viable Product” more often and that’s why I’ve taken some time to shed some light on how we see it.
Ruby on Rails 3.x has given us a lot of syntactical sugar. Most of it are pretty small things, things you might not even discover unless someone told you.
One of these things is being able to define flash messages with redirect calls in the controller. In this post I will do a really quick overview of that small feature and replicate it for render calls also – resulting in prettier code.
We have been rather busy this past few months (like always) so this is just a quick note about what we’ve been up to. Briefly – we’re hiring, Shoperb is coming closer to private beta and we’ve moved to a new office.