product

also referred to as: products

34 statements across 32 episodes · 10 bullish · 5 bearish · 32 people on the record · first statement Jan 13, 2015 by Guy Kawasaki · across every show →

Everything said about product, oldest first

Jan 13, 2015 positive
Insight
Kawasaki: Product is the single most important factor when investing in startups
“I must admit that I think that the most important thing is the product.”
Guy Kawasaki Jan 13, 2015 ▶ 4:44 20 VC 001: Guy Kawasaki of Apple, Motorola and AllTop.com
Sep 6, 2015
Disclosure
Soltero acquired software costing $15 million to build for just $1
“All we had was this product that had cost about fifteen million dollars to build, and we had been lucky enough to buy it for a dollar”
Javier Soltero Sep 6, 2015 ▶ 8:32 FF 012: Acquired by Microsoft for $200m with Javier Soltero @ Microsoft
Sep 25, 2015
Insight
Early founders should ignore company setup and focus purely on product
“Stop building a startup and just build a product. So instead of worrying about all of the paraphernalia that comes with building a startup, just focus on the product that you want to build and the customers that might want that product. So what that means is, …”
Alice Bentinck Sep 25, 2015 ▶ 11:47 FF 014: Making Great Founders, Idea Creation and The First 100 Days Of A Startup with Alice Bentinck, Co-Founder @ Entrepreneur First
Oct 5, 2015
Insight
Kamal Ravikant: Founders unable to produce mock-ups or prototypes shouldn't build tech
“You gotta have product. A product can be mock-ups and like, you know, LOIs from customers. A product can be an actual, you know, working prototype. It's gotta be something. You gotta, if you're not capable of doing that, you're not capable of, you know, you sh…”
Kamal Ravikant Oct 5, 2015 ▶ 18:51 20 VC 077: PART 1: Kamal Ravikant: 'I'm Not Your Traditional VC'
Nov 13, 2015
Insight
O'Hear: Great Products Earn Press While Weak Products Fail Regardless
“If you make a really awesome product, you'll get found out by the press because we can't ignore it. And if you make a bad product, You'll get found out by your customers or users, regardless of how much publicity you've gone out.”
Steve O'Hear Nov 13, 2015 ▶ 12:22 20 VC FF 021: From TechCrunch to Founder to TechCrunch with the legend, Steve O'Hear
Dec 28, 2016 negative
Insight
Early product is the least important evaluation factor in seed investing
“Product is probably the last thing I worry about when I think about product, especially at the seed stage or what the early vision of a product is. That helps you understand how the team thinks about the space as opposed to sort of being, you know, the thing y…”
Kent Goldman Dec 28, 2016 ▶ 18:44 20VC: Using Valuation As A Litmus Test, Why Valuation Does Not Matter At Seed Stage & How Seed Funds Can Serve Founders Better with Kent Goldman, Founder @ Upside Partnership
Feb 22, 2017
Insight
Operator VCs must evaluate founders assuming they won't build the product
“And so you really need to make a decision when investing, assuming that, that you're not going to be able to kind of work day in, day out and help them build the product. Do you still believe that they can get there right with you as a mentor coach, not you as…”
Ben Blumenfeld Feb 22, 2017 ▶ 18:24 20VC: Why Venture Is A Service Product? Why There Is No Such Thing As Product Market Fit & Why Startups Need To Be More Design Orientated with Ben Blumenfeld, Co-Founder & General Partner @ Designer Fund
Mar 6, 2017
Insight
Borthwick: Tech startup power is shifting from product back to distribution
“I think in the last five to eight years, because of many of the reasons we discussed earlier, is distribution has been available through the app store, and so a lot of power has moved to product. I think it is now moving back to distribution,”
John Borthwick Mar 6, 2017 ▶ 30:00 20VC: Betaworks' John Borthwick on Why The VC Model Is So Inefficient, Why Venture Fund Cycles Are Too Short & Why Frontier Tech Could Only Have Been Disappointing Over The Last Year
Jan 17, 2018 neutral
Insight
Altman: User Dislike Is an Untreatable Startup Flaw
“A very bad word is a product that no one likes. That one I would stay away from. But when it feels like users are pulling the product out of the company, they're figuring out how to use it even though it's hard and broken because they just like it so much. Tha…”
Sam Altman Jan 17, 2018 ▶ 13:43 20VC: Sam Altman, Y Combinator President on What Makes Truly Great Leaders, Why We Will See A Compression of Seed Funding & The Future Scaling of YC
Jul 17, 2018
Insight
Elad Gil: Structure reporting lines around decision-making tie-breakers
“The second thing that you want to think about from an org structure perspective is tie-breaking. Where do you want the decisions to be made? So for example, if you want decisions between product and engineering to be made by you, then both functions should rep…”
Elad Gil Jul 17, 2018 ▶ 13:06 20VC: Elad Gil's High Growth Handbook on The Commonalities of The Truly Great CEOs, How To Hire The Very Best Execs, Why Cash is A Defensible Moat Today & The Pros and Cons of M&A and IPOs
Jul 13, 2022
Insight
Levesque: A great product cannot scale without a strong growth loop
“Building a great product is important, but if you don't have a strong growth loop for it doesn't matter because you can't scale the product.”
Luc Levesque Jul 13, 2022 ▶ 1:19 Luc Levesque: The Biggest Mistakes Founders Make When Hiring for Growth | 20VC #906 · 20VC with Harry Stebbings
Jul 18, 2022
Insight
Traynor: Product features lacking organic momentum are failing
“If it doesn't have its own momentum as a feature or product, and if you find yourself just constantly trying to push a nudge and you can't get customers to stick to it, that's generally a sign that as a feature or product, it's like, it's not working.”
Des Traynor Jul 18, 2022 ▶ 26:43 Des Traynor: How I Founded Intercom; Product Marketing Tips; Feature Creep | 20VC #907 · 20VC with Harry Stebbings
Jul 29, 2022 positive
Insight
Lanzone: Internet company CEOs should have product management or founder backgrounds
“Not all the time, but usually, you know, it's best for a CEO of an internet company to have been out of product, you know, or being a founder is almost the same thing.”
Jim Lanzone Jul 29, 2022 ▶ 18:19 Yahoo CEO Jim Lanzone: The Yahoo Turnaround Plan | 20VC #911 · 20VC with Harry Stebbings
Jan 31, 2023
Insight
Patel: Distribution wins over product in early-stage startups
“It's not the best product that wins, it's the best distribution that wins, and that the best distribution creates a feedback cycle that allows you to have the best product over time, but distribution wins over product in the early days.”
Satya Patel Jan 31, 2023 ▶ 1:18:56 Homebrew’s Hunter Walk & Satya Patel: Why $100M is Not Enough to Execute a Seed Strategy | 20VC #972 · 20VC with Harry Stebbings
Feb 16, 2023 positive
Opinion
Duboe: Product-touching growth programs should report to product, not marketing
“I typically say this work better under product. I think many sustainable growth programs require with engineering and product discipline. Marketing really only makes sense for e-commerce companies where the product is like simple and linear. You're likely goin…”
Mike Duboe Feb 16, 2023 ▶ 12:13 Mike Duboe: Top 5 Lessons Scaling Stitch Fix to IPO; Why CAC/LTV is a BS Metric | 20VC #978 · 20VC with Harry Stebbings
Feb 16, 2023
Insight
Duboe: Successful growth teams should eventually be absorbed into product and marketing
“If the practice of growth is successful, it should eventually abstract itself away and just be how product and marketing are run.”
Mike Duboe Feb 16, 2023 ▶ 10:09 Mike Duboe: Top 5 Lessons Scaling Stitch Fix to IPO; Why CAC/LTV is a BS Metric | 20VC #978 · 20VC with Harry Stebbings
May 24, 2023 negative
Opinion
Podjarny: Israel excels in technology but lags in product development
“From a tech perspective, Israel is really good at tech. It's not as good in product.”
Guy Podjarny May 24, 2023 ▶ 3:32 Guy Podjarney: $7.4B Startup Founder; How to Analyse Market Size; Good vs Great Messaging | E1018 · 20VC with Harry Stebbings
May 27, 2023
Insight
Cohen: Early-stage founders must stay intimately involved in shaping product
“Now, if you take it all the way back to a startup, Or a young company, then yes, I will be very worried if the founder is not intimately involved in the product, either as the head of product or playing a key role in shaping the product, because ultimately it …”
Tomer Cohen May 27, 2023 ▶ 16:45 Tomer Cohen: Why LinkedIn Stories Failed; How LinkedIn's Feed Was Born; AI Startups | E1019 · 20VC with Harry Stebbings
Nov 1, 2023 negative
Insight
Meyer: Products serving everyone lose the fanatic power users driving viral growth
“If your product becomes everything to everyone, you lose the fanatics. But your fanatics are the ones that talk about it in bars. Bring their friends in, have the viral coefficients and stuff, but they're also the ones that push you to do unimaginable things, …”
David Meyer Nov 1, 2023 ▶ 42:02 David Meyer: Why You Should Hire People Who Aren’t In Product Already | E1076 · 20VC with Harry Stebbings
Nov 10, 2023
Insight
Board complaints about sales usually reflect poor product-market fit
“I've seen that, you know, the board of directors is saying this person stinks and they don't. It's more that the founders aren't listening to customers. They're not building the right product.”
Chris Degnan Nov 10, 2023 ▶ 44:34 Chris Degnan: Why You Should Hire a Head of Sales Sooner Than You Think | E1080 · 20VC with Harry Stebbings
Feb 14, 2024
Insight
Gonto: Split growth teams between marketing acquisition and product retention
“I try to have a growth team in marketing that focuses mostly on driving activated signups. And I try to get a growth team in product as focus is mostly on retention and conversion.”
Martin Gontovnikas (Gonto) Feb 14, 2024 ▶ 52:11 Martin Gontovnikas (Gonto): The Biggest Mistakes Startups Make When Scaling into Enterprises | E1115 · 20VC with Harry Stebbings
Oct 23, 2024 positive
Insight
Tennant: Product and sales drive tech, non-engineers should pick sales
“In technology companies, and this might be controversial because like, you know, this is like putting aside like all the other things that make these companies go. There is product. And then there is sales. Like, what drives technology companies and most busin…”
AJ Tennant Oct 23, 2024 ▶ 44:52 AJ Tennant: How to Build a Sales Machine and Where Most Go Wrong | E2118 · 20VC with Harry Stebbings
Jan 8, 2025
Insight
Product managers must work directly inside operational workflows to understand friction
“But you really actually need product to live in the weeds with operations and intimately understand the challenges and the experiences and the frictions and the deficiencies.”
Dan Gill Jan 8, 2025 ▶ 59:03 Dan Gill, CPO @Carvana: The Most Wild Story in Public Markets | E1243 · 20VC with Harry Stebbings
Feb 7, 2025
Insight
Tolkin: Operations creates the most cross-functional tension with product teams
“Operations. The speed and cadence and types of problem solving is, is, is very, very different. And so it can be very challenging to all speak the same language on things that have a product or technical solution versus an ops based solution.”
Brian Tolkin Feb 7, 2025 ▶ 44:58 Brian Tolkin, Head of Product @Opendoor: How to Hire the Best Product Teams | E1257 · 20VC with Harry Stebbings
Mar 31, 2025 positive
Insight
Scott: AI's economic value will accrue to products, not infrastructure
“But most of the value has to be in the products. Like, you know, we don't build infrastructure just for the sake of infrastructure. Like we build infrastructure so people can make product.”
Kevin Scott Mar 31, 2025 ▶ 5:22 Kevin Scott, CTO @ Microsoft: An Evaluation of Deepseek and How We Underestimate the Chinese · 20VC with Harry Stebbings
Aug 8, 2025
Insight
Peter Rahal argues product quality is currently more important than branding
“Ironically, as a brand person, I would say products more important than brand right now. Products all that matters actually brand secondary.”
Peter Rahal Aug 8, 2025 ▶ 15:12 20VC: The $BN Greenoaks Backed Protein Bar | Hitting $100M Revenues in David's First Year: Lessons & Mistakes | $0 to $600M: The Untold RXBAR Story | Product-Market-Fit, Pricing, Branding: What Every Founder Gets Wrong Today with Peter Rahal
Dec 12, 2025 positive
Insight
High-risk experimentation belongs in marketing, not product development
“It's not that okay in product by the way, but in marketing it's fine because let's say that this booth would have been the weirdest thing ever. Okay. I would have never done it again. And people would have rolled their eyes at me, but there's no harm there for…”
Raz Herzberg Dec 12, 2025 ▶ 14:36 20Growth: How Wiz Built a $30BN Brand in Enterprise | What Worked vs What Was a Mega Failure: Lessons Learned | Why Marketers Make the Worst CMOs & What To Look for in Growth with Raaz Herzberg
Jan 16, 2026 positive
Opinion
Lovinsky: Product management and marketing are fundamentally the same function
“There's all these interesting debates right now about like, Roles collapsing and product and marketing and so on. And I just really don't see these things as separate. I see product and marketing and, you know, it's the same thing.”
Noam Lovinsky Jan 16, 2026 ▶ 5:37 20Product: Is the Design Phase Dead in a World of AI | Has Claude Code Crushed Anthropic Already | What Roles of a PM Are Less and More Important with AI | How the Best Product Leaders Tell Stories with Noam Lovinsky, CPO @ Superhuman
Feb 9, 2026 negative
Insight
Acharya: VCs cannot perform kingmaking on inferior products
“So I think that the right investor can be a catalyst, but I don't think that you can take a product that would not otherwise be the winner and anoint them the winner.”
Anish Acharya Feb 9, 2026 ▶ 1:03:47 a16z, Anish Acharya: Is SaaS Dead? Do Margins Still Matter? Why We Are Not in an AI Bubble? · 20VC with Harry Stebbings
Feb 12, 2026 bearish
Assertion Not checkable as stated
Lemkin: Non-engineering software categories face existential seat shrinking
“Every category that I know of outside of engineering and product is at existential risk of shrinking seats.”
Jason Lemkin Feb 12, 2026 ▶ 41:06 Anthropic's Super Bowl Ad: Who Won & Lost? | Sierra Hits $150M ARR: Is Customer Support Too Crowded? · 20VC with Harry Stebbings
Mar 14, 2026 bullish
Prediction Not checkable as stated
Verna: Product will replace traditional marketing as the primary growth channel
“What becomes more important is your product as a channel, where you actually earn that trust that drives that word of mouth, that drives that likability, and what becomes less important is something across marketing, sales, like more old traditional techniques…”
Elena Verna Mar 14, 2026 ▶ 4:19 Elena Verna: How Lovable Launches Product & Hacks Social to Go Viral · 20VC with Harry Stebbings
Mar 16, 2026 positive
Insight
Rajaram: No amount of distribution will save a company without remarkable products
“So I think I ultimately, my core investing thesis is that if there is not remarkable product, all the go-to marketing distribution in the world will not save you.”
Gokul Rajaram Mar 16, 2026 ▶ 1:46 Gokul Rajaram: How to Analyse for Durability and Defensibility in a World of AI · 20VC with Harry Stebbings
May 4, 2026 bullish
Prediction Not checkable as stated
Tobi Lütke: Products will become enormously cheap and purchasing power will surge
“I think you know, products will get enormously cheap or purchasing power is going to go up like crazy.”
Tobi Lütke May 4, 2026 ▶ 21:06 Shopify CEO on How AI is a Scapegoat for Mass Layoffs & Trump Derangement Syndrome in Canada · 20VC with Harry Stebbings
May 4, 2026
Insight
Tobi Lütke: Product and business needs diverge unless planned three years out
“The needs of product and companies are extremely divergent unless you're taking a perspective three years out, at which point they kind of become to come to the same point and actually augment each other.”
Tobi Lütke May 4, 2026 ▶ 9:58 Shopify CEO on How AI is a Scapegoat for Mass Layoffs & Trump Derangement Syndrome in Canada · 20VC with Harry Stebbings
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