Famous Startups pt. 1
What is one of the more controversial social networks, this startup was founded by a 19-year-old college dropout.
What is Facebook?
The startup that just recently launched its first astronauts into outer space this past summer.
What is SpaceX?
The startup method, founded by Eric Ries, in which an entrepreneur introduces the product to the clientele and makes adjustments along the way.
What is the lean startup method?
The author of the book that started it all, Lean Startup: How Constant Innovation Creates Radically Successful Businesses
Who is Eric Ries?
Founded in 2002, this social network startup has become a name-brand in the business world, especially when looking for a job.
What is LinkedIn?
The popular tutoring service that was first started as a means to tutor his cousins.
What is Khan Academy?
According to the founder of the lean startup method, entrepreneurs are _______.
What is everywhere?
The method in which an entrepreneur recognizes a need in the market and builds a product based on that need
What is validated learning?
This startup was founded after the founders struggled to find a taxi ride after a late night in Paris.
What is Uber?
Originally dubbed Burbn, this startup has become the #1 photo app.
What is Instagram?
The process of creating a hypothesis, a product to test the hypothesis, and adjusting the product based on the results.
What is Build-Measure-Learn?
The number of products one should create in order to make it through one cycle of the Build-Measure-Learn cycle
What is Minimal Viable Product(MVP)?
After founding this startup while unemployed from the 2008 recession, Jan Koum sold this company for $14B to Facebook in 2014.
What is WhatsApp?
This startup created 51 games before reaching one that would later have many versions, movies, and a TV show.
What is Angry Birds?
The name given to a change in the original product meant to test the hypothesis.
What is a pivot?
The three key principles of a lean startup approach, as stated by Harvard Business Review.
What is the business model canvas, customer development, and agile development?
Now valued at $31 billion, this startup was originally founded as a means for three guys to make rent.
What is Airbnb?
Reaching 45 countries in two years, this startup was started to help people save following the recession of 2008.
What is Groupon?
The number of boxes in a business model canvas.
What is nine?
This process helps companies prove they are a growing business by having objective information, like actual profits, as opposed to projected ones.
What is Innovation Accounting?