PGs take on why early stage VCs gain so much experience reminds me of my opinions on why car sales is the best sales experience. I sold cars for almost a decade and was pretty good at it averaging 30 cars a month. That means every year I helped people sign for $16 million of products. In the end I probably sold 3000 cars for over $100 million. (Note, I stayed in it way too long. I think most of these benefits would c…
Interesting. I rank buy a car from a new car salesman as the worst consumer experience of my life. So much so that I've since bought used cars and in the future hope to buy a Tesla in large part to avoid that experience. I understand that it could greatly benefit the salesperson in understanding the social psychology of the consumer ... but never again will I subject myself to that process.
What I’ve learned from users
111–120 of 339 posts
Re: What I’ve learned from users
#112In fact, what is worse is that you don't realize your focus is totally wrong because you're not losing revenue. You might be losing eyeballs or growth and adoption, but that's easier to gloss over considering it's a factor of advertising.
I constantly ask myself when looking at some of the de facto solutions in open source spaces what the hell the maintainers are doing, because what they are focused on is completely irrelevant.
The same could be said about large companies who have so much revenue that can continue to make mistakes until someone challenges them.
Re: What I’ve learned from users
#113The thing that leaps out is "fund lots of small startups, the lessons are repeatable". I occasionally bang on about "Million Startups". Some back of the envelope maths and I reckon one could finance a literal million startups with what SoftBank might call a bad year (around 30 billion). When YC started they funded people with 5k per founder. I am not saying fund the next fusion machine, but put momentum into cities a…
Re: What I’ve learned from users
#114I assumed that when people ask what you've learned from your users, they're not asking you to list how lousy your users are at doing various things, and why they just need to listen to you more.
I would actually be interested to read a post about what a VC has learned from his/her users, in a constructive sense.
Re: What I’ve learned from users
#115PGs take on why early stage VCs gain so much experience reminds me of my opinions on why car sales is the best sales experience. I sold cars for almost a decade and was pretty good at it averaging 30 cars a month. That means every year I helped people sign for $16 million of products. In the end I probably sold 3000 cars for over $100 million. (Note, I stayed in it way too long. I think most of these benefits would c…
Interesting. I rank buy a car from a new car salesman as the worst consumer experience of my life. So much so that I've since bought used cars and in the future hope to buy a Tesla in large part to avoid that experience. I understand that it could greatly benefit the salesperson in understanding the social psychology of the consumer ... but never again will I subject myself to that process.
And see Tesla knows this, which is why the margin on their cars is higher than most.
You may have disliked that sales experience with a dealer or used car salesperson, but it quite likely got you a slightly better deal than had you tried to negotiate yourself.
Re: What I’ve learned from users
#116Earlier quoted context omitted.
Testimonials, despite carrying the baggage of being a marketing term, are a legitimate form of evidence, especially if the people giving testimony are named in full. It affects their reputation if either they or the company they are testifying for are disreputable. It’s true that independent reporting will be more likely to provide a balanced and objective assessment, but at the same time, opinionated articles like t…
Testimonials in general are like these cheesy or sleazy infomercials on home shopping channels, fake and worthless and that's why they earned the bad reputation that they have. Also, it is not even that the essay itself is totally bereft of real world examples to support his thesis, when he actually cited Airbnb as a case of coming around, and applying the practical advice given to the founders by YC to deliver value…
On the second point, what you wrote is true, but the Airbnb mention was pretty short; your comment is probably around the same length as Graham's mention. The Airbnb mention in full consists of: "[4] The Airbnbs were particularly good at listening — partly because they were flexible and disciplined, but also because they'd had such a rough time during the preceding year. They were ready to listen."
I could find no mentions of other named companies involved with YC in the article, and the Airbnb mention was quite brief (the assertion was that they listened to YC's advice, and the implication is that this was the reason behind its success).
Re: What I’ve learned from users
#117PGs take on why early stage VCs gain so much experience reminds me of my opinions on why car sales is the best sales experience. I sold cars for almost a decade and was pretty good at it averaging 30 cars a month. That means every year I helped people sign for $16 million of products. In the end I probably sold 3000 cars for over $100 million. (Note, I stayed in it way too long. I think most of these benefits would c…
This is interesting because as a car buyer, the only experience I want is car sellers quoting me prices until I get the lowest one. All via email.
By far the swiftest and best large product purchasing experience I ever had. I was sad to see them close.
Re: What I’ve learned from users
#118PGs take on why early stage VCs gain so much experience reminds me of my opinions on why car sales is the best sales experience. I sold cars for almost a decade and was pretty good at it averaging 30 cars a month. That means every year I helped people sign for $16 million of products. In the end I probably sold 3000 cars for over $100 million. (Note, I stayed in it way too long. I think most of these benefits would c…
Interesting. I rank buy a car from a new car salesman as the worst consumer experience of my life. So much so that I've since bought used cars and in the future hope to buy a Tesla in large part to avoid that experience. I understand that it could greatly benefit the salesperson in understanding the social psychology of the consumer ... but never again will I subject myself to that process.
Pretty sure the parent means "best" as in the best way to get experience doing sales for the salesperson.
Re: What I’ve learned from users
#119This essay is getting a surprising amount of hate, and I must confess that my first impression on reading it was that it sounded an awful lot like a Robert Kiyosaki book [1]. But then I followed the two links in the essay [2] [3] and that put it into perspective: the thing that Paul learned from his users is that they are looking for The Answer, the formula, the procedure for how to succeed, and there is no such form…
Quoted post unavailable.
Isn't that true for most people? I mean "from their own view". We all tend to assume that we're right more often than not, no?
Re: What I’ve learned from users
#120Earlier quoted context omitted.
Yeah, the tech-nerd chestnut to bring out here is Dunbar's number. Not that that's necessarily the mechanism, but it's the thing to mention.
Appealing to Dunbar's number for org sizes is a strong signal for me I should de-weight whatever the person is saying. They're just parroting pop-science with reasoning that doesn't hold up to a second of critical thinking. If humans evolved to hold about 150 relationships in our minds, to say that an org has a tipping point of 150 people assumes the members of the organization know 0 people outside of the organizati…