Starting to address diversity by focusing on recruiting is like fixing the quality of the product by improving your testing process. Testing won’t fix a broken product, just as recruiting won’t fix a broken environment.
Content: Quotation | Author: Nikhyl Singhal | Source: First Round Review | Subjects: Diversity, Human Resources
Here’s my simple definition of product/market fit: The value of each user is greater than the cost of bringing them into the product. It means there are enough customers out there and you can efficiently bring them in. […] There are a lot of product/market fit definitions out there that focus on how many users love you. But that misses a key ingredient: the profitability … [ Read more ]
Content: Quotation | Author: Nikhyl Singhal | Source: First Round Review | Subjects: Customer Related, Marketing / Sales, Project Management
Nikhyl Singhal advises folks at every end of the startup spectrum, from scrappy early-stage founders to heads of product at some of the biggest unicorns. Founders and product leaders at companies big and small bring him their toughest questions: When should founders hand over the product controls? What should you look for in a PM? How do you structure the team? How do you balance … [ Read more ]
Content: Article | Author: Nikhyl Singhal | Source: First Round Review | Subjects: Entrepreneurship, Management