How Do You Know if Your Product Is Succeeding?

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In start up land, you run out of money, and therefore it's over. How do you know if that first product is successful enough to merit additional funding? So for us, a and you know, i think this applies for many businesses, we like to see a actual external transaction occur. And then ers a a ton of other k p is that you can build similar things that you'd see, like how fast they come back,. what's the turn rate around those things? You know, what does it take to get them through the funnel? All more typical metrics....

0:52 Jason intros Ford X's Sunny Madra
4:39 How Sunny got his start in Accelerators working on Tinder with Hatch Labs at IAC
11:47 What is Ford X's thesis on mobility and how do they decide whether to buy or build a company?
16:18 How does Ford X evaluate new ideas & how do they source talent? Sunny speaks about his personal investment in Cabana
22:56 Going from idea to product at a large corporation like Ford
29:29 Assessing risk-taking in early-stage ventures at a major company
35:02 How COVID has impacted Ford's stance on mobility & micro-mobility
42:10 Thoughts on bikes, car subscriptions, Ford's resilient commercial business
50:36 Ford's movement in the EV & autonomous vehicle space