Tag Archive: product

  1. Just say “no”!

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    “The truly free man is he who can decline a dinner invitation without giving an excuse.” Jules Renard.

    Frequently, if not always, early stage companies face the very difficult dilemma of being opportunistic or being very focused. I have experienced this dilemma many times and each time it is an extremely tough decision. This occurs in all facets of the business including product development, HR, marketing and especially concerning sales and customer acquisition.

    For all companies, resources are always limited and therefore tough decisions need to be made. Everything has a price and a trade-off associated with it. Unfortunately (or luckily), you can’t do everything and my belief is that companies cannot be all things to all people. Therefore when I analyze and evaluate companies that I am hoping to invest in, the main thing I want to understand (after the people of course!) is; what is your focus? do the entrepreneurs and management understand what the company’s core value is? I understand that start-ups need to be agile, flexible and nimble but they also need to be able to articulate what it is exactly that makes them special. (more…)

  2. Results-Centric Product Design

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    (this post originally appeared on TechAviv)

    “There are lies, damn lies and then there is statistics”

    – Mark Twain

    One of the great benefits of being an investor is that I get the opportunity to work with people who are incredibly smart about running Internet businesses. Product and UX is still a kind of a black art in Israel and so I found myself writing this blog post on a cold Saturday afternoon.

    I noticed that there is a common thread running through groups that are quick to iterate and have a track record of successful apps. These groups are very self aware – they measure everything about their applications, starting with user actions and ending with indicators measuring the success of their application and use it to drive their engineering. Strangely enough, the metrics are used to approximate the user, rather than traditional user stories and design personas.
    (more…)