The Startup Velocity Question - Is It The Product?

I’m publishing this series to discuss a topic that I follow closely - cloud stocks, trends, strategy, acquisitions, and more. Please subscribe to my Cloud Stock Analysis series and never miss an article. I like fundamentals-focused business building, and teach the principles of fundamentals-focused business building at 1Mby1M.?Learn what to expect from 1Mby1M.

Product and Technology are not the same.?

While technology failures are difficult to recover from, product issues can be addressed.

Often, once a startup starts to engage with the market, it develops a more sophisticated understanding of the market’s needs. Features, functions, integrations, APIs – a lot of input comes into the company through customer immersion.

Perhaps, there isn’t enough runway to build all that the market asks.

A judicious calibration of a Minimum Viable Version 1.0 that can credibly get customers to write checks is necessary.

If investors see that such understanding exists within the team, they do not mind writing a check for a couple of million to bridge the gap.

And then, product gaps can be bridged to meet the market’s requirements.

You can read the entire series, The Startup Velocity Question, here.

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