Lean Startup

Intermediate 🚀 Startup / VC

Definition

A methodology for building companies by testing hypotheses quickly and cheaply, based on a book that every founder has read and none have followed. It's called lean because by the time you're done pivoting, your bank account is extremely thin.

Example Usage

"We follow the lean startup methodology, which means we launched a broken product to real customers and called it a minimum viable experiment."