Is Lean Startup Dying?
On GE, Failures, and Bringing a Knife to a Gunfight
If there was a Hype Cycle for all these methodologies and theories, you would find LS is sliding down the far end of the slope.
Steve Blank addressed the topic of the Lean Startup being dead in his September 2018 blog post. If you’re crunched for time, here’s his conclusion:
In short, Lean was an answer to a specific startup problem at a specific time, one that most entrepreneurs still face and which ebbs and flows depending on capital markets. It’s a response to scarce capital, and when that constraint is loosened, it’s worth considering whether other approaches are superior.
Some people insisted this exception applied to the special 1% unicorns where capital was already abundant, or where corporations have the cash to burn. So for the other 99%, LS still makes sense.
For the most part, I agree, but I also don’t think it’s that binary. It’s easy to assume that LS is universally applicable to any problem and any industry because of the barrage of success stories by tech fundamentalists and the mainstream business press.
Like, what can’t LS help with, right?
Every methodology and pet theory gets their moment of fame. The excitement dies away once people see for…