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Lubo Smid: Scaling Products and Ideas - [Web3 Breakdowns, EP.76]

Making Markets

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The Importance of Balance in the Labs Business

I think it goes both ways. I can learn something from hands on building the product and marketing it back to our clients is that I can look at the budget. But it also means on the client side, I have insight into various industries. So I know what's happening in FinTech. I know what’s happening with social media apps. We have many automotive clients. If we are to incubate a new product of ours, where are the gaps in the market? Where are the opportunities? You don't really build anything meaningful unless you have a decent amount of focus. Otherwise, it is a huge mess.

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