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Some of my takeaways: "Product distribution is more important than what the product is." It's not enough to be contrarian. You should also be right. "It's us
by read 12y ago
Some of my takeaways:
"Product distribution is more important than what the product is."
It's not enough to be contrarian. You should also be right.
"It's useful to be able to recognize whether you are on track or not. To have both that belief, but also paranoia, about am I tracking over my investment thesis."
You need to be able to articulate the vision well.
One of the founders needs to be able to build networks of people.
What is my distribution edge? What is the hack that I know that other people don't know?
Just as you spend 20+ hours with a possible CEO, go in depth in conversations with a potential co-founder to identify all the parameters and set expectations. Go over the parameters that might lead to a divorce.
- jlukanta 12y agoIf I recall correctly, what he actually said was product distribution is next in line in importance after product idea.