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If one adopts lean startup principles, how much money should you invest in your venture ideas when uncertainty is high? As much as you can
If one adopts lean startup principles, how much money should you invest in your venture ideas when uncertainty is high?
As much as you can afford so you can quickly capitalize on uncertainty.
The minimum necessary to begin testing your business model hypotheses.
A moderate amount that allows you to be flexible with future investment decisions.
Nothing until others show a willingness to invest with you.
So key is knowing what is and is not knowable.
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