Fastest to market is not the only measure of a start-up's success. I've seen businesses get to market by taking on serious tech-debt / long-term engineering pain / outsourcing to contractors
If the fastest company in a given market will win, then the most important thing for a tech startup is to maintain or increase development velocity over time. Sounds obvious, but very, very few startups explicitly state this as a goal.
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That’s exactly my point. Maintain development velocity *over time.*
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Development Velocity = Throughput Non-shipped code = Inventory Correct?
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What’s the metric of “fast” and what’s the evidence that it’s paramount?
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Fast = speed to delivering increase in value to the customer. Could be on many dimensions. Not all are driven by development speed, but it covers a lot of surface area in a tech startup.
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Money, marketing, sales, features, infrastructure, team, hierarchy, scope - premature scaling kills momentum, period.
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Assumptions in your statement: 1. "If the fastest company in a given market will win" - Not a given. 2. Your definition of speed relates to shipping features, what about the importance of shipping the right features? I agree that speed is key, but it's not the only thing.
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