Felicis founder and early Google employee Aydin Senkut discusses how Google's founders committed significant engineering resources to forward-looking R&D before generating revenue.
“When we had less than 50 people, they took three people away and said, look, you're going to work on crazy research stuff that we might not even need for three years. But if we basically wait, we're never going to have that.”
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More from Aydin Senkut
Insight
Senkut: Trying to accurately estimate early TAM is a major founder mistake
“Look, I think this is the biggest mistake is basically try to estimate correctly what the market size is. You just need to know that if it works, it's going to be big enough.”
Aydin SenkutMar 8, 2024▶ 13:37How Shopify Found Product Market Fit w/ Aydin Senkut (Managing Partner at Felicis & Series A Inve... · PMF Show
Insight
Senkut: People mistakenly judge market sizes based on existing product constraints
“I think the most important thing that people don't realize is that when we look at market size, we're looking at the market size with the existing product.”
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AssertionNot checkable as stated
Senkut: Early Shopify dedicated two top engineers to an internal data warehouse
“When I showed up in Ottawa, Toby told me that, hey, they had these amazing engineers and the team was by the way, like less than 50 people or barely 50 people. And he said, I took two of my best engineers and we're building a real time data warehouse.”
Aydin SenkutMar 8, 2024▶ 19:54How Shopify Found Product Market Fit w/ Aydin Senkut (Managing Partner at Felicis & Series A Inve... · PMF Show
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