Joe Stump on Why Startups Should Treat Products as Iterations and Not End Results

2014-07-21 3

In Chapter 17 of 17 in his 2011 Capture Your Flag interview with host Erik Michielsen, Internet entrepreneur and SimpleGeo CTO Joe Stump shares his product development philosophy. He believes product releases should be treated as iterations and not end results. He shares why this is critical in context of investor financed world where companies have limited financial resources. For fully funded startups, this typically means the company has 12-24 months runway before it runs out of money. Given this constraint, Stump urges startups to release early, gather feedback, fix product, add features, and position for follow up financing. Stump is the co-founder and CTO at SimpleGeo (www.simplegeo.com), a San Francisco-based mobile location infrastructure services company. Previously Stump was Lead Architect at Digg. He programs in PHP, Python, Django and enjoys scaling websites. He earned a BBA in Computer Information Systems from Eastern Michigan University.

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