This one hits a little too close to home. I left my company around 9 months ago due to being "Mario" at my old company. It was a good decision because it ended up being a sinking ship. I wish I left much sooner, but I didn't know the red flags at the time. An expensive lesson for me
Half-Baked Product
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Re: Half-Baked Product
#22for me, the moral of the story is that it's easier to promise things than to deliver them. or, engineering was the bottleneck.
in my experience, this is not particular to start-ups, or even software engineering.
why does this happen though? i think it could be due to short-term thinking. like buying things with a credit card: you get the shiny new thing immediately, but the payment is diluted over time. likewise, once the sale is made, you may feel the reward immediately (though i guess it depends on the exact nature of the deal), but the work that will have to be done, will be done over time.
also, it's no wonder that the founder, or, outside start-ups, the marketing department, which specializes in promising impossible things, manages to evade the blame...
Re: Half-Baked Product
#23Oh, I'm glad I don't work in the oven business. We're just starting a stealth startup that's revolutionizing dishwashers, and the prototypes are amazing. They use less water, less detergent, and this weekend we're hoping to solve the last remaining issue: occasionally, they break glasses.
Re: Half-Baked Product
#24[deleted]
Re: Half-Baked Product
#25This was such a funny and refreshing read. Especially to find on this VC fuelled forum. There was so much truth in this on a Dilbertesque level. If you can learn from this you are winning. I am not saying "VC bad". I am saying it is a sharp-edged tool which you need to wield with great care. This humorous piece really points out the pitfalls. Worth the read - do not just lurk here in the comment section (as I usually…
Sadly it is not unique to VC. Many in-house products of large companies follow exact same story: sunk cost fallacy, investing in expectation management instead of the product itself, risky and expensive bets dressed as 'MVPs', riding on perpetual promises etc.
Re: Half-Baked Product
#26Too close to the home, ouch. It’s such a microcosm of things. I can imagine people reading this going “ah, the founder was right, it’s those damn nerds” or “at least WE generated sales” and so on. The more you do startups the more it seems that the time is indeed a flat circle.
Re: Half-Baked Product
#27Oh, I'm glad I don't work in the oven business. We're just starting a stealth startup that's revolutionizing dishwashers, and the prototypes are amazing. They use less water, less detergent, and this weekend we're hoping to solve the last remaining issue: occasionally, they break glasses.
I hope it's not the approach of using less water by not rinsing properly in the end, so people have to either eat soap or rinse everything manually afterwards, wasting far more water. I swear Bosch is so terrible at this.
Re: Half-Baked Product
#28for me, the moral of the story is that it's easier to promise things than to deliver them. or, engineering was the bottleneck. in my experience, this is not particular to start-ups, or even software engineering. why does this happen though? i think it could be due to short-term thinking. like buying things with a credit card: you get the shiny new thing immediately, but the payment is diluted over time. likewise, onc…
> engineering was the bottleneck
to the Amazon river everything and anything will be a bottleneck
Re: Half-Baked Product
#29Ouch, that hits close to home, and it seems like it does for a lot of others out there as well.
So what's the solution? Is there a playbook that avoids these pitfalls, or is it just the cost of the spin. Ideally, something early engineers can point to when we see non-technical founders falling into familiar traps.
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#30This is such European take on startups. Tesla was making shitty overpriced status symbols/value signalling cars and selling FSD for 10k knowing very well that it will not work with car hardware. It took them 10 years to "fake it until you make it stage". If founder keep iterating and hyping his ovens with enough capital he could become big player in oven maker space and disrupting industry. Learning from this article…
I'd argue the spirit of entrepreneurialism and salesmanship in the story is more American!
I've just been through this process. Very painful. SF based company, US founder.
Same founder story - couldn't focus on customers, couldn't focus on product, always a shiny new idea to distract him from had just been decided or what needed to be decided. Each idea could be the thing that made the difference. Willing to work hard, very capable of talking a good game, not able to deliver.
Tesla had a product that worked, was essentially first and best on the market, not that many models, not that many features. Focusing on the hype and gloss is ignoring a lot of substance. What even is the point of criticising a startup for its hype when its exactly what people want to hear and aligns to a lot of real, significant, ongoing research?
"If the founder had capital and vision" is pretty much tautological. It's true but not particularly useful to know that people who have money and know what to do with it will probably succeed.