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Founders Need to Be Ruthless When Chasing Deals

steveblank.com

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Re: Founders Need to Be Ruthless When Chasing Deals

#4
This is such good advice.

I think new founders are sometimes intimidated by customers, especially well-known brands, we don't want to upset or annoy them instead of being open about not being able to afford to run loads of pre-sales technical work. We also see the dollar signs for one large customer when we should be seeing smaller dollar signs for many customers.

For the customers, to be fair, they are partly trying to derisk the purchasing decision by making sure everyone and their dog has seen the demo, shown that it definitely does exactly what they want with their data and processes etc. and they have no skin in the game at this point, so why not?

Believe in the product you have built already and as the OP says, be certain of product market fit and ABC (always be closing).

Re: Founders Need to Be Ruthless When Chasing Deals

#5
This is great advice (that we need to follow) but needs to be updated for 2026. The information value of providing (or receiving) a demo has dropped to roughly zero with vibe coding. Today, an apparently functional and useful product can be produced and demoed in minutes, but that demo provides absolutely zero information into the technical capabilities of the demoing team to follow through on promises with polish and at scale. It doesn't reflect a studied architecture or edge case handling. It basically only shows a vision, which can be tailored to perfectly mirror the recipient's expressed desire even though it's absolute vaporware. This makes it even harder to sell to enterprise in 2026 when the scene is awash in such noise.

Re: Founders Need to Be Ruthless When Chasing Deals

#6
post #5

This is great advice (that we need to follow) but needs to be updated for 2026. The information value of providing (or receiving) a demo has dropped to roughly zero with vibe coding. Today, an apparently functional and useful product can be produced and demoed in minutes, but that demo provides absolutely zero information into the technical capabilities of the demoing team to follow through on promises with polish an…

>that demo provides absolutely zero information into the technical capabilities of the demoing team to follow through on promises with polish and at scale.

With vibe coding comes vibes-based capital. I'm only half kidding.

Re: Founders Need to Be Ruthless When Chasing Deals

#10
post #5

This is great advice (that we need to follow) but needs to be updated for 2026. The information value of providing (or receiving) a demo has dropped to roughly zero with vibe coding. Today, an apparently functional and useful product can be produced and demoed in minutes, but that demo provides absolutely zero information into the technical capabilities of the demoing team to follow through on promises with polish an…

Right, and the story now shifts to: What's your customer service & support model? How can you prove this is stable and that you can maintain it? Who is going to handle the pages in the middle of the night?
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