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We are dealing with the aftermath of this in my company right now. Our former CTO, though a brilliant researcher, was absolutely not in touch with the needs of
by elblanco 17y ago
We are dealing with the aftermath of this in my company right now. Our former CTO, though a brilliant researcher, was absolutely not in touch with the needs of our clients. He treated the business as an extension of his previous R&D work and rather than focusing on commercializing the research and with a focus on customer requirements...which can be boring, like interfacing with large legacy data sources, he focused on the next cool and unproven researchy thing.
He's been gone for 6 months and we are still digging ourselves out of the crater he tossed us into.
Amazingly, the next release of our software post-CTO, which, now that the reigns were off, was designed to address very outstanding customer requirements, resulted in our first break-even quarter and our first cash flow positive month in the company's history. But we should have been at that point a year and a half ago.
Lesson to self: sometimes viability comes not from a cool idea, but from how that idea is packaged.