Zynga founder Mark Pincus reflects on ignoring his girlfriend's early negative feedback when building his 2003 social network, Tribe.
Insight
Pincus: Founders should not accept coaching from non-operator VCs
“I actually have a lot of coaches, but I've chosen all them, and I'm not coachable by a VC who's never held this job, who never sat in this seat, and so I guess it's not exactly advice, but it was implied advice of, you know, I should pretend that I'm going to …”
Insight
Mark Pincus: The best product makers have the least ego and copy best
“The best product makers, the best masters of the craft,
Are the best at copying.
And they have the least ego around it.
And the most junior amateur people feel the need to change everything, and they're the worst at copying, and they fail for the wrong reasons…”
Insight
Pincus: When AI automates coding, product differentiation comes down to taste
“So, so I do think that everyone kind of becomes full stack when you, when the stack's automated and it's just promptable. And so I, and then it gets down to taste.”
Insight
Pincus: Startups should replace the MVP with rapid failure testing machines
“Do not build it right. Build a culture of building it wrong. Do not, build it right, presume some level of success. I love Eric Ries. We've had great debates. I, I'm in the same spirit, but that word viable is actually hurtful because viable also means hope of…”
Prediction Not checkable as stated
Pincus: The metaverse will be huge, but not inside VR goggles
“I think that the metaverse is starting to happen and I think it's going to happen and it's going to be As big as Zuck thought, and it's just not going to happen inside of an immersive game goggle that is painful and hot to wear on your head, even if the form f…”
Insight
Pincus: Good founders have 95% right instincts but 25% right ideas
“The lesson from Tribe that came resoundingly out for me and still stands out, that as entrepreneurs, part of the journey that we're on is learning how to separate our winning instincts from our losing ideas. I think as a rule of thumb, if you're a good entrepr…”