4 ms·
Yes, but also even the product/company vision sometimes need to slightly change in the short-term to get those critical metric numbers to line-up with VCs' expe
by d0m 8y ago
Yes, but also even the product/company vision sometimes need to slightly change in the short-term to get those critical metric numbers to line-up with VCs' expectation. I.e. getting a few important contracts to prove product-market fit even if it's very costly for a small startup whereas it would have been wiser to wait a bit, focus on the product and scale the team before tackling these contracts.
- k__ 8y agoAh okay. Yes I saw such things too. Company wanted to rise $4M and the investors wanted a "Cloud Product" with >10k customers etc. Which was ridiculous, because we needed the money for the stuff we already did and it was an on-premis solution for like 10 big corporations.