Week 5 Flashcards
1
Q
Affordable Loss
A
Limit risk by understanding what you are willing to lose at each step. Even if downside ends up happening there should be an upside to it.
2
Q
Innovation/ Rate of Change
A
Exponential rate of change.
Moore’s law: number of transistors double every 2 years in a circuit.
3
Q
Lean Startup Method
A
- Build
- Measure
- Learn
- Repeat
