Since product-market fit is maybe the most important step in a new startup, deciding what to test and what initial product to create becomes pretty important. I find that most founders do the “kitchen sink” method of including everything. This methods takes too much time and money. Another group goes the Lean Startup route and tries to do the bare minimum. While this is maybe the more clever way to go, this can yield little usable data without doing enough product.
In this podcast, an experienced founder describes his experiences with the second group. Many times new “products” can be so small that they tell you very little about product-market fit.
If you are particularly interested in product, here are all my blog posts tagged "product." Enjoy!
Get Right to the Lesson
I’d recommend listening to the entire thing, but to get right to the point go to minute 24:01 of this podcast
Thanks to these folks for helping us all learn faster
NextView Ventures (@NextViewVC)
Vinicius Vacanti (@vacanti), co-founder of Yipit and YipitData (@yipit)
Jay Acunzo (@Jay_zo) of NextView Ventures (@NextViewVC)
Please let me and others know what you think about this topic
Email me privately at firstname.lastname@example.org or let's discuss publicly at @davempayne.
Real Founder Lessons
The best startup advice from experienced founders...one real-world lesson at a time.