The best proxy that a company knows the loops of it and its market is whether they've ever done a full transition of their primary source of profit
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Okay contingent on the company not dying in the original market? Still don't think it's totally right. I can't think of any counterexamples that you'd recognize, but I can tell you from my own operational experience that this is not true.
We started doing innovative product development in and then selling it wholesale to retail stores. Then in 2014 I put some chips in selling direct on Amazon. I didn't really understand my market. I was making so-so money, but the bet worked so I transitioned completely.
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You're definitely right that there are flavors of this pre product market for that I'm not intending to talk about and don't show knowledge of loops. Hmm will think of better precision Haha this site is so great. Instantaneous feedback loops
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I don't know what loops are and I don't really understand a lot of the jargon you use ("non-arbitraged novel" for ex). I guess it's because I don't live in SV...
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