Kleiner
Perkins 7 rules for software start-ups
Aniruddha Nazre at Kleiner Perkins has 7 rules for
software start-ups they consider funding. I was on a "future of
software" panel at TiECon East yesterday with Aniruddha Nazre, the partner at
Kleiner Perkins. Several interesting
trends emerged from the panel discussion, but enhance the 7 rules synthesized
everything for me.
KP's
7 rules for start-ups
1:
Instant Value to customers - solve a problem or create value with the first use
2:
Viral adoption - Pull, not push. No direct sales force required
3:
Minimum IT footprint, preferably none. Hosted SaaS is best.
4:
Simple, intuitive user experience - no training required.
5:
Personalized user experience - customizable
6:
Easy configuration based on application or usage templates
7:
Context-aware - adjust to location, groups, preferences, devices, etc.
Most
start-ups will not align with all 7 rules. But, if you don't follow at least 5
of them...rethink your plan and business model.
UPDATE:
Ben Barren has a unique perspective on the 7 rules. Nicolas Toper also has
interesting views.
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