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patio11's profile
Patrick McKenzie
Patrick McKenzie
Patrick McKenzie
@patio11

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Patrick McKenzie

@patio11

I work for the Internet, at @stripe, mostly on accelerating startups. Opinions here are my own.

東京都 Tokyo
kalzumeus.com
Joined February 2009

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    Patrick McKenzie‏ @patio11 9 Jan 2018
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    Patrick McKenzie Retweeted Stephanie Hurlburt

    Absolutely true. People concerned about vaporware remember a time when technical risk, not market risk, dominated software industry.https://twitter.com/sehurlburt/status/950735665720844288 …

    Patrick McKenzie added,

    Stephanie Hurlburt @sehurlburt
    If you want to sell a software product but it’s not built and you don’t have customers lined up yet, and have to choose: 1. Spend time coding the product 2. Spend time selling it and marketing it As long as you know you can build it, #2 is a FAR better use of your time.
    Show this thread
    8:34 AM - 9 Jan 2018
    • 26 Retweets
    • 155 Likes
    • Web Surfer 🏄🌎 jameschurchman Gustavo Coelho Cezar Babin snarf Kyle Howells John Hess Oscar V. Chris Ford
    6 replies 26 retweets 155 likes
      1. zooko‏ @zooko 9 Jan 2018
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        Replying to @patio11

        I think that concern is accurate (again), if you look at the cryptocurrency/blockchain industry/community. Technical risk ≫ marketing risk.

        0 replies 0 retweets 6 likes
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      1. Jacek Złydach‏ @TeMPOraL_PL 9 Jan 2018
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        Replying to @patio11

        Though the next step is: decide you ain't gonna build it after all, and run away with the money. This seems to be the basis of most ICOs, for example.

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      1. Federico Vaggi‏ @F_Vaggi 9 Jan 2018
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        Replying to @patio11

        I am very comfortable promising that I will deliver on something I know I can build, but I feel very uneasy making false claims or creatively stretching truth about the current status of a project to please a stakeholder.

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      1. Dominik Grabiec‏ @Daemin 9 Jan 2018
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        Replying to @patio11

        Yep, one big mistake I made was making the product before even trying to sell it. Lesson learnt is to sell first then build, and only once you have people paying for it.

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      1. New conversation
      2. James Baicoianu‏ @bai0 9 Jan 2018
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        Replying to @patio11

        I think peoples' concerns have less to do with technical or market risk, and more to do with the fact that we've heard all sorts of grand promises before. Just because you have a charismatic salesperson pitching doesn't mean you can or will follow through on promises.

        1 reply 0 retweets 0 likes
      3. James Baicoianu‏ @bai0 9 Jan 2018
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        Replying to @bai0 @patio11

        It's easier than ever for people with no business/technical experience to promise the moon and not follow through - disillusionment w/ so many Kickstarter projects is evidence of this. Separating the charlatans from the well-meaning naive people and the legit projects is tough!

        0 replies 0 retweets 0 likes
      4. End of conversation
      1. Baud'Dib‏ @blahblahblah9tn 9 Jan 2018
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        Replying to @patio11

        This view becomes problematic when software guys move into high-tech hardware.

        0 replies 0 retweets 1 like
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