Lately, I’ve found myself questioning the concept of product-market fit. Not long after Marc Andreessen coined the term, entrepreneurs (and intrapreneurs) starting asking themselves, “do I have it yet?” and often rushing to answer “yes,” with all sorts of bad consequences. I did a tweetstorm/post about the mistakes that come with getting it wrong, but the topic is still bouncing …
Answering the product-market fit question wrong
For a decade now, entrepreneurs have been asking themselves “do I have product/market fit?” They usually answer it wrong. Product-market fit does *not* merely mean growth. Growth can be forced for a time (even years) with clever hacks and heavy spend, but the piper comes calling with churn rates. It’s easy to *want* to believe that one has pm-fit, but …
Product Q&A: Additional questions
First Round Capital has a wonderful online network, basically a white-labelled quora, for people at their portfolio companies. I answer questions now and then. Here are some of the Q’s I have answered over the last year or two: What are best practices for including and leveraging the design team in your product development process? I boil it down to …
Product Q&A: Creating an inclusive culture for a remote team
First Round Capital has a wonderful online network, basically a white-labelled quora, for people at their portfolio companies. While I was with their portfolio company Axial, I answered a number of questions. I’m sharing some of the Q’s I have answered over the last year or two: How does your company create an inclusive culture for those that work remote? …
Product Q&A: That first VP of Product hire
First Round Capital has a wonderful online network, basically a white-labelled quora, for people at their portfolio companies. While I was with their portfolio company Axial, I answered a number of questions. I’m sharing some of the Q’s I have answered over the last year or two: What do you look for in your first VP of Product or Head …
Product Q&A: PM paths for non-technical folks
First Round Capital has a wonderful online network, basically a white-labelled quora, for people at their portfolio companies. While I was with their portfolio company Axial, I answered a number of questions. I’m sharing some of the Q’s I have answered over the last year or two: What career paths are there in the product world for non-technical product managers? …
Product Q&A: Building strong relationships with engineers
First Round Capital has a wonderful online network, basically a white-labelled quora, for people at their portfolio companies. While I was with their portfolio company Axial, I answered a number of questions. I’m sharing some of the Q’s I have answered over the last year or two: As a Product Manager or Leader, What tips can you share to build …
Product Q&A: managing external expectations of the product roadmap
First Round Capital has a wonderful online network, basically a white-labelled quora, for people at their portfolio companies. While I was with their portfolio company Axial, I answered a number of questions. I’m sharing some of the Q’s I have answered over the last year or two: How do you best manage expectations/predictability when interfacing (roadmap, status updates, etc) with …
Links to my op-ed series on self-deceptions of players in the lower middle market
I’ve been dusting off the blogging/writing lately, this time for Axial. It’s been fun steering the Middle Market Review publication with two other great editors. I recently penned a three part series of some of the fallacies I’ve seen in the lower middle market, which is much more about private equity than VC. Below are the links, and the key …
When it comes to startups, do products and services mix? Taking another look…
I’m really enjoying Rand Fishkin’s new book Lost and Founder. He takes a lot of myths that distort entrepreneurship and attacks them head on. One of the ways he structured the book was to take an external quote, set it up as a straw man, and then debunk it. Imagine my surprise when I got to chapter two and his …