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I have a feeling that good portion of startups put emphasis on satisfying investors rather than customers, developing for the investors. One might say it is the
by mihaaly 7y ago
I have a feeling that good portion of startups put emphasis on satisfying investors rather than customers, developing for the investors.
One might say it is the same (good investor knows and follows what the paying customers want), but I think it is not. Customers of a product has very different mindset than an investor and the latter may not 'know' (more like guess) better than any one of us involved or affected.
Investors do what they have to do, trying to find the future big deal (and money cow) or at least protecting their money but when startups adjust approaches for the admiration of investors then I get skeptical. And worry for the investor too a little bit if the path chosen will lead to customer appreciation as well...
Don't mind me, I just ran into several startup entrepreneurs recently who emit the atmosphere of subsistence level actors with sole focus on the money source being the closest. They do not emit an inventor vibe which is ironic as what they speak of and sell is always very inventive or revolutionary, the best so far of course. I asked one of them how he imagines the product in 5 year time for which the answer was: 'sold to someone'. Seems like their heart and proud is somewhere else.
I may have met the wrong crowd.