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When you look at some of the questions don't they implicitly require understanding of the product or service though? Things like incentives, market impact and u
by wintogreen74 4y ago
When you look at some of the questions don't they implicitly require understanding of the product or service though? Things like incentives, market impact and unit economics can be presented in a product vacuum, but not understood.
- danielmarkbruce 4y agoOh sure - you don't have to understand the product/service to understand many things about a company. But if you don't understand the product/service, you are hosed - it's the most important thing. A company can have all the other things right and they are in all sorts of trouble if their product/service is no good. In fact, it can actively mislead because the rest looks so good. On the flip side, ask anyone who works at a really successful company - you'll hear horror stories of mismanagement and bad incentives and all kinds of stuff. Companies succeed in spite of it when the product/service is the right product in the right market. Google & Facebook are the textbook examples, but there are dozens.