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Tech Startups Face New Investor Mandate: Profits over Discounts

4 pointsby raiyuover 5 years ago

1 comment

burtonatorover 5 years ago
My current startup is sort of struggling with something similar.<p>The recent YC batch was really focused on growth and your primary milestone.<p>I agree with this to a certain degree but I think if you&#x27;re too early it&#x27;s not worth it.<p>What I&#x27;m focused on is actually building a product that people care about. I&#x27;m building our VALUE and not focused on growth.<p>Once I have a KILLER product the growth will be easy.<p>I already have enough users&#x2F;customers go get feedback on what the market wants. It&#x27;s irrational for me to spend a massive amount of time trying to get other people to use it vs just building a killer product that people love.<p>What these companies are doing is trying to fake product&#x2F;market fit by giving away &quot;money&quot; when they should be using that to try to understand why users don&#x27;t like their product.<p>If you have something <i>amazing</i> people will use it. You won&#x27;t need these gimmicks.
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