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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What’s the metric of “fast” and what’s the evidence that it’s paramount?
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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Why do you identify velocity as the paramount factor instead of say, product-market-fit? Or depth of value? I’m trying to think of fast, unfit companies that won and coming up blank. Lots of second or third iteration cos that went slow and finally got it right.
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Delivering units of customer value = product market fit.
End of conversation
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