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| name = Eric Ries |
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| occupation = [[Entrepreneur]], [[blog]]ger, [[author]] |
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| alma_mater = [[Yale University]] |
| alma_mater = [[Yale University]] |
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| occupation = *[[Entrepreneur#Serial entrepreneur|Serial Entrepreneur]] |
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*Author of ''The Lean Startup'' |
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*[[Entrepreneur in residence| Entrepreneur in Residence]] at the [[Harvard Business School]] |
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'''Eric Ries''' (born 1979)<ref name="connie">{{cite web |url=http://blogs.reuters.com/small-business/2011/05/26/lean-startup-evangelist-eric-ries-is-just-getting-started/ |title=“Lean Startup” evangelist Eric Ries is just getting started |date=26 May 2011 |accessdate=3 September 2011 |last=Loizos |first=Connie |work=PE Hub}}</ref> is a [[Silicon Valley]] [[entrepreneur]] and author recognized for pioneering the [[Lean Startup]] movement, a new-business strategy which directs [[startup company|startup companies]] to allocate their resources as efficiently as possible. He is also a well-known [[blog]]ger within the technology entrepreneur community. |
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==Early life== |
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'''Eric Ries''' (born 1978) is a [[Entrepreneur#Serial entrepreneur|serial entrepreneur]], company advisor, [[blogger]], an [[Entrepreneur in residence|entrepreneur in residence]] at the [[Harvard Business School]], and author of ''[[Lean Startup|The Lean Startup]]'', a [[The New York Times Best Seller list|New York Times best seller]].<ref name=ericriespersonalbio>Ries, Eric. [http://www.startuplessonslearned.com/2008/10/about-author.html About the author]. ''Startup Lessons Learned''. February, 2011.</ref><ref name=reuters>Loizos, Connie. [http://blogs.reuters.com/small-business/2011/05/26/lean-startup-evangelist-eric-ries-is-just-getting-started/ “Lean Startup” evangelist Eric Ries is just getting started]. ''Reuters''. May 26, 2011.</ref><ref name=portfolio>Bernhard, Jr., Kent. [http://www.portfolio.com/business-news/2011/12/30/eric-ries-lean-startup-approach-catches-fire-in-2011 The Biggest Idea of 2011: Think Lean]. ''Portfolio.com''. December 30, 2011.</ref><ref name=nytimes2011bestsellerlist>NYTimes. [http://www.nytimes.com/best-sellers-books/2011-10-02/hardcover-advice/list.html October 2, 2011 Best Sellers]. ''The New York Times''. October 2, 2011.</ref> Prior to writing ''The Lean Startup'', Ries worked in several startups, most notably as co-founder and [[Chief technology officer|CTO]] of [[IMVU]] Inc., an online [[Virtual community#Virtual worlds|3D social network]].<ref name=inc>[http://www.inc.com/magazine/201110/eric-ries-usability-testing-product-development.html Creating the Lean Startup]. ''Inc. Magazine''. October 2011.</ref><ref name=businessweek>[http://investing.businessweek.com/research/stocks/private/person.asp?personId=246490&privcapId=25509168&previousCapId=25509168&previousTitle=IMVU,%20Inc. Eric Ries]. ''Business Week''.</ref> |
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In 2001, Ries graduated from [[Yale University]] with a [[B.S.]] in [[Computer science|Computer Science]].<ref name=businessweek>[http://investing.businessweek.com/research/stocks/private/person.asp?personId=246490&privcapId=25509168&previousCapId=25509168&previousTitle=IMVU,%20Inc. Eric Ries]. ''Business Week''.</ref> As a high schooler, Ries had published a book called ''Black Art of Java Game Programming''.<ref name=wiredupstart>Greenwald, Ted. [http://www.wired.com/epicenter/2012/05/ff_gururies/all/1 Upstart Eric Ries Has the Stage and the Crowd Is Going Wild]. ''Wired''. May 18, 2012.</ref> While at Yale, he began his entrepreneurial career as the co-founder of Catalyst Recruiting, an online forum for university students to network with potential employers.<ref name=wealthfrontadvisorsbio>Wealth Front. [https://www.wealthfront.com/advisors Advisors to Weathfront]. ''Wealthfront Inc.''. 2012.</ref><ref name=thisweekinventurecapital>[http://www.youtube.com/watch?v=EMysvIXmbl0 Venture Capital: Eric Ries, author of "The Lean Startup"]. ''YouTube''. November 21, 2009.</ref> During this time, Ries was also on the advisory board for two [[Business incubator|startup incubators]] and a [[Venture capital|venture fund]] in [[New Haven, Connecticut]].<ref name=reuters>Loizos, Connie. [http://blogs.reuters.com/small-business/2011/05/26/lean-startup-evangelist-eric-ries-is-just-getting-started/ “Lean Startup” evangelist Eric Ries is just getting started]. ''Reuters''. May 26, 2011.</ref> He took a leave of absence from his undergraduate studies to pursue his newly founded company, however, due to a lack of business experience and the burst of the [[dot-com bubble]], Catalyst Recruiting folded shortly thereafter.<ref name=thisweekinventurecapital/> Ries felt he was "lucky that the company failed soon enough that [he] could do it during a leave of absence,"<ref name=thisweekinventurecapital/> and returned to Yale to complete his undergraduate degree.<ref name=businessweek/> |
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==Biography== |
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Ries earned a [[Bachelor of Science|B.S.]] in [[computer science]] from [[Yale University]] in 2001.<ref name="connie">{{cite web |url=http://blogs.reuters.com/small-business/2011/05/26/lean-startup-evangelist-eric-ries-is-just-getting-started/ |title=“Lean Startup” evangelist Eric Ries is just getting started |date=26 May 2011 |accessdate=3 September 2011 |last=Loizos |first=Connie |work=PE Hub}}</ref><ref>{{cite web |url=http://www.yalealumnimagazine.com/blog/?tag=eric-ries |title=From Yalie 'disaster' to startup guru |last=Bass |first=Carole |date=7 July 2011 |accessdate=3 September 2011 |work=[[Yale Alumni Magazine]]}}</ref> While still an undergraduate at Yale, he began his career as an entrepreneur by co-founding CatalystRecruiting.com, an online database of student [[resume]]s.<ref>{{cite web |url=http://www.businessweek.com/technology/content/mar2007/tc20070326_796549.htm?chan=technology_special+report+--techs+best+young+entrepreneurs_tech%27s+best+young+entrepreneurs |title=IMVU: Learning What Customers Want: Eric Ries witnessed the dot-com implosion and has the failed company to prove it. His new startup's success shows he's learned from mistakes |last=Lehman |first=Paula |work=[[Bloomberg Businessweek]] |date=26 March 2007 |accessdate=3 September 2011}}</ref> From 2001 to 2003 he worked as a senior engineer at [[There (virtual world)|There.com]]. In 2004 Ries and There.com founder [[Will Harvey]] co-founded [[IMVU]], a [[social networking|social network]], where he worked until 2009.<ref name="NY"/><ref name="connie"/> |
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==Career== |
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Ries was named one of the Best Young Entrepreneurs of Tech by ''[[Bloomberg Businessweek]]'' in 2007.<ref>{{cite web |url=http://www.businessweek.com/technology/special_reports/20070326techsbesty.htm |title=Best Young Entrepreneurs of Tech |work=Bloomberg Businessweek |date=26 March 2007 |accessdate=3 September 2011}}</ref> |
Ries was named one of the Best Young Entrepreneurs of Tech by ''[[Bloomberg Businessweek]]'' in 2007.<ref>{{cite web |url=http://www.businessweek.com/technology/special_reports/20070326techsbesty.htm |title=Best Young Entrepreneurs of Tech |work=Bloomberg Businessweek |date=26 March 2007 |accessdate=3 September 2011}}</ref> |
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Revision as of 18:00, 25 June 2012
Eric Ries | |
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Born | September 22, 1979 |
Alma mater | Yale University |
Occupation(s) | Entrepreneur, blogger, author |
Eric Ries (born 1979)[1] is a Silicon Valley entrepreneur and author recognized for pioneering the Lean Startup movement, a new-business strategy which directs startup companies to allocate their resources as efficiently as possible. He is also a well-known blogger within the technology entrepreneur community.
Early life
In 2001, Ries graduated from Yale University with a B.S. in Computer Science.[2] As a high schooler, Ries had published a book called Black Art of Java Game Programming.[3] While at Yale, he began his entrepreneurial career as the co-founder of Catalyst Recruiting, an online forum for university students to network with potential employers.[4][5] During this time, Ries was also on the advisory board for two startup incubators and a venture fund in New Haven, Connecticut.[6] He took a leave of absence from his undergraduate studies to pursue his newly founded company, however, due to a lack of business experience and the burst of the dot-com bubble, Catalyst Recruiting folded shortly thereafter.[5] Ries felt he was "lucky that the company failed soon enough that [he] could do it during a leave of absence,"[5] and returned to Yale to complete his undergraduate degree.[2]
Career
Ries was named one of the Best Young Entrepreneurs of Tech by Bloomberg Businessweek in 2007.[7]
Since 2008, Ries has blogged, written, and spoken at meetings and conferences about his "Lean Startup" methodology.[8] He also serves as an Entrepreneur-in-Residence at Harvard Business School.[9] In 2010, Ries invested in Votizen.[10] In August 2011 he was named to the strategic advisory board of Alphabet Energy, Inc., a manufacturer of thermoelectric materials for waste-heat recovery.[11]
The Lean Startup
Ries coined the term "Lean Startup" in 2008. His new-business strategy developed a following among Silicon Valley startups as well as entrepreneur groups which meet regularly to discuss his methodology.[8] The Lean Startup espouses starting small, designing products with the smallest set of features to please a customer base, and moving products into the marketplace quickly to test reaction and make more changes after that.[12][13] Ries speaks on the subject at tech conferences, including the Web 2.0 Summit,[9] and blogs on his personal blog, "Startup Lessons Learned".
Among the startups which have applied Ries' strategies are Dropbox, Grockit, and KISSmetrics.[12]
Ries released his book, The Lean Startup, in September 2011 and was interviewed about it on NPR's morning edition by Steven Inskeep.[14]
Works
- Black art of Java game programming. Waite Group Press. 1996. ISBN 1-57169-043-3. (with Joel Fan and Calin Tenitchi)
- The Lean Startup. Crown Publishing Group. 2011. ISBN 0-307-88789-8.
References
- ^ Loizos, Connie (26 May 2011). ""Lean Startup" evangelist Eric Ries is just getting started". PE Hub. Retrieved 3 September 2011.
- ^ a b Eric Ries. Business Week.
- ^ Greenwald, Ted. Upstart Eric Ries Has the Stage and the Crowd Is Going Wild. Wired. May 18, 2012.
- ^ Wealth Front. Advisors to Weathfront. Wealthfront Inc.. 2012.
- ^ a b c Venture Capital: Eric Ries, author of "The Lean Startup". YouTube. November 21, 2009.
- ^ Loizos, Connie. “Lean Startup” evangelist Eric Ries is just getting started. Reuters. May 26, 2011.
- ^ "Best Young Entrepreneurs of Tech". Bloomberg Businessweek. 26 March 2007. Retrieved 3 September 2011.
- ^ a b Tam, Pui-Wing (20 May 2010). "Philosophy Helps Start-Ups Move Faster". The Wall Street Journal. Retrieved 3 September 2011.
- ^ a b "Eric Ries: Venture Advisor, Lessons Learned". Web 2.0 Summit. 2010. Retrieved 3 September 2011.
- ^ Kincaid, Jason. "Votizen Raises $1.5 Million To Make Sure Government Representatives Hear Your Voice". TechCrunch.
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(help) - ^ "Alphabet Energy Appoints Lean Startup Expert Eric Ries To Strategic Advisory Board: Early-stage company with breakthrough waste-heat-to-power technology applies lean startup principles to shape strategic marketing decisions". PR Web. 17 August 2011. Retrieved 3 September 2011.
- ^ a b Lohr, Steve (24 April 2010). "The Rise of the Fleet-Footed Start-Up". The New York Times. Retrieved 3 September 2011.
- ^ Adler, Carlye (30 August 2011). "Ideas Are Overrated: Startup Guru Eric Ries' Radical New Theory". Wired. Retrieved 3 September 2011.
- ^ NPR Staff (28 September 2011). "'Lean Startup' Advice: Think Big, Start Small". NPR. Retrieved 26 September 2012.