Carry Venture Capital

Delivering great product is all about having the right team. But there's another question that's important to the team composition that's less often asked. I know because it took me quite a few missed deadlines to realize it. The other important question when building a team: How fast do you need the product delivered? What I've found through shipping a lot of product and building a TON of teams is there's a clear relationship. Experienced teams deliver fast. Inexperienced teams deliver slow. Take it from me - I've tried the situation where you can quickly put together a team of people from the stable you have already. But the problem is usually they're not as experienced. The result is rarely that you deliver everything you need on time. It's almost always better to bite the bullet, take the extra time, spend the extra money, and build the more experienced team. But this does NOT mean the ENTIRE team has to be experienced. It's a matter of team composition (or mix). Yes, if you can swing a team of rockstars then they will delivery crazy fast (that's what we have at Raleon). What's often more sustainable though is dropping in a junior person or two. A good A player Junior person will skill up FAST. At least that's been my experience.

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Day 162 of Raleon. While product market fit is on a continuum, there’s a few questions i personally find are very good indications of whether you’re we’re there (or getting there). A simple one is, if your company wasn’t around anymore, would your customers care? There’s a less common question I like to ask, too. I find it as telling for PMF and also product maturity: it’s what kind of feature requests you’re getting. Are they table stakes? Or are they additive?