2min chapter

The Twenty Minute VC (20VC): Venture Capital | Startup Funding | The Pitch cover image

20 Product: Spotify's Gustav Söderström on Why Product is 100% Science and 0% Art, Why You Should Look at the Competition and then Do Something Completely Different & Why Talk is Cheap and Product Teams Should Do More of it; Structuring the Best Debate

The Twenty Minute VC (20VC): Venture Capital | Startup Funding | The Pitch

CHAPTER

The Cost of Being Wrong

I think talk is very expensive, especially in early stage companies. It's about speed of execution. And I'm invested in a couple of companies where, oh, we want to debate. Yes, there's theorize on the future of privacy. No, church ship, learn iterate,. go, go, go. Why am I wrong? The way to think about it is there's a difference between being fast and being right. You can go very fast to know where you ship code every day. But if you fundamentally wrong, you're just going to get to know where extremely efficiently and fast.

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