reading the first paragraph ... >*This story isn’t true. Yet*.
There are are limitations with lean startup approach but for many situations where you might have a market but not product or imperfect business model, it works because the stack depends on social capital (open source, freemium, community self-help) and not personal savings. The approach is less suited when need upfront development (eg MedTech) or the market has structural rigidities (eg banking compliance). As for Trump, arguably he is also doing a form of market probing using investors money (how many earlier ventures didn't pan out?) so whether hunch or data-driven decision seems to be a left-right brain choice. Lawrence http://www.linkedin.com/in/drllau On Friday, 4 March 2016 05:43:48 UTC+8, Matto Rochford wrote: > > Trump attacks tech elite over hypothesis talk > <https://medium.com/stirdup-stories/trump-attacks-tech-elite-over-hypothesis-talk-9c38fb5cf266#.7m0fon1ip> > > -- -- You received this message because you are subscribed to the Silicon Beach Australia mailing list. Vist http://siliconbeachaustralia.org for more Forum rules 1) No lurkers! It is expected that you introduce yourself. 2) No jobs postings. You can use http://siliconbeachaustralia.org/jobs To post to this group, send email to silicon-beach-australia@googlegroups.com To unsubscribe from this group, send email to silicon-beach-australia+unsubscr...@googlegroups.com For more options, visit this group at http://groups.google.com/group/silicon-beach-australia?hl=en?hl=en --- You received this message because you are subscribed to the Google Groups "Silicon Beach Australia" group. To unsubscribe from this group and stop receiving emails from it, send an email to silicon-beach-australia+unsubscr...@googlegroups.com. For more options, visit https://groups.google.com/d/optout.