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Ep365 - Eric Ries | The Lean Startup

Talks at Google

CHAPTER

The Importance of Success Stories in Product Development

The biggest waste that product development faces today is not building things inefficiently, but building things very efficiently that nobody wants. At the height of Web 2.0 in 2006, a graphic designer put together this graphic. It shows some of those green circles are supposed to be the success stories of Web2.0. When big companies buy startups, at least half the time, they die afterwards.

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