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June 19, 2006

Rules for Start-ups

KLEINER PERKINS cites seven rules for start-ups, advising that if you cannot align with at least five of them, rethink your business plan. Ajit Nazare from Kleiner Perkins offered the rules during a "Future of Software" panel discussion at TiEConEast.

KP's 7 rules for start-ups

  • Instant Value to customers - Solve a problem or create value with the first use.
  • Viral adoption - Pull, not push. No direct sales force required.
  • Minimum IT footprint, preferably none. Hosted SaaS is best.
  • Simple, intuitive user experience - no training required.
  • Personalized user experience - customisable.
  • Easy configuration based on application or usage templates.
  • Context aware - adjust to location, groups, preferences, and devices.

Don Dodge -- "Kleiner Perkins"

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