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← Nothing works the first time: the first generation makes the product,…
17 connected korrents · 15 moments from 15 Feb 2022 to 10 Sept 2026.
Everything filed under startups
startups
Everything filed under investing
investing
Everything filed under Silicon Valley
Silicon Valley
Everything filed under venture capital
venture capital
Everything filed under innovation
innovation
Everything filed under product management
product management
Everything filed under humility
humility
Everything filed under creativity
creativity
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Read this korrent: Nothing works the first time: the first generation makes the product, the second fixes it, and only the third fixes the business.
Nothing works the first time: the first generation makes the product, the second fixes it, and only the third fixes the business.
Last stated 5 months ago
7 Jun 2026
TF
Tony Fadell — holds since 2026-06-07 — tap for who they are
Same subject: The first version of a product is usually not great. — tap to centre the map on it
The first version of a product is usually not great.
Last stated a month ago
10 Sept 2026
RS
Robby Stein — holds since 2026-09-10 — tap for who they are
Same subject: Someone who is not already product-first almost never becomes good at product afterwards. — tap to centre the map on it
Someone who is not already product-first almost never becomes good at product afterwards.
Last stated 4 months ago
9 Jun 2026
BG
Bill Gurley — holds since 2026-06-09 — tap for who they are
Same subject: Making products produces two things: the product and the learning. — tap to centre the map on it
Making products produces two things: the product and the learning.
Last stated a month ago
10 Sept 2026
KS
Karri Saarinen — holds since 2026-09-10 — tap for who they are
Same subject: It is better not to spend time crafting the exact perfect solution until you know it works; getting an early version you can play with in the product is a really good milestone. — tap to centre the map on it
It is better not to spend time crafting the exact perfect solution until you know it works; getting an early version you can play with in the product is a really good milestone.
Last stated 7 months ago
8 Apr 2026
IS
Ian Silber — holds since 2026-04-08 — tap for who they are
Same subject: A model can produce version two of a product that already exists, but the genuinely new version one still has to be made by people. — tap to centre the map on it
A model can produce version two of a product that already exists, but the genuinely new version one still has to be made by people.
Last stated 5 months ago
7 Jun 2026
TF
Tony Fadell — holds since 2026-06-07 — tap for who they are
Same subject: New ideas usually fail outright or require drastic changes before they can succeed. — tap to centre the map on it
New ideas usually fail outright or require drastic changes before they can succeed.
Last stated 2 years ago
9 Aug 2024
SC
Steve Coast — holds since 2024-08-09 — tap for who they are
Same subject: Applying scale-first, profit-later to every business is a cookbook that turns small failures into big ones. — tap to centre the map on it
Applying scale-first, profit-later to every business is a cookbook that turns small failures into big ones.
Last stated 2 months ago
2 Sept 2026
AD
Aswath Damodaran — holds since 2026-09-02 — tap for who they are
Same subject: Many first-time entrepreneurs mistakenly build a solution before identifying the problem it is meant to solve. — tap to centre the map on it
Many first-time entrepreneurs mistakenly build a solution before identifying the problem it is meant to solve.
Last stated 2 years ago
9 Aug 2024
TS
Tobias Sjösten — holds since 2024-08-09 — tap for who they are
Same subject: A founder should take half the valuation if it buys all of the control, because the right to be wrong in your own way is what founding was for. — tap to centre the map on it
A founder should take half the valuation if it buys all of the control, because the right to be wrong in your own way is what founding was for.
Last stated 5 months ago
2 Jun 2026
MP
Mark Pincus — holds since 2026-06-02 — tap for who they are
Same subject: AI factories and foundries are too capital-intensive for venture money; they need government or sovereign funds behind them. — tap to centre the map on it
AI factories and foundries are too capital-intensive for venture money; they need government or sovereign funds behind them.
Last stated 4 months ago
18 Jun 2026
LT
Lip-Bu Tan — holds since 2026-06-18 — tap for who they are
Same subject: Being formidable means getting what you want in any situation, and that is exactly why investors want it: a formidable founder's interests and theirs are the same. — tap to centre the map on it
Being formidable means getting what you want in any situation, and that is exactly why investors want it: a formidable founder's interests and theirs are the same.
Last stated 2 months ago
3 Sept 2026
PG
Paul Graham — holds since 2026-09-03 — tap for who they are
Same subject: A bubble can only be identified in retrospect, so arguing about whether one is happening now cannot be settled now. — tap to centre the map on it
A bubble can only be identified in retrospect, so arguing about whether one is happening now cannot be settled now.
Last stated 10 months ago
9 Dec 2025
HM
Howard Marks — holds since 2025-12-09 — tap for who they are
Same subject: A central bank can eliminate a self-fulfilling ('sunspot') debt crisis simply by credibly committing to buy as many bonds as needed at the low interest rate. — tap to centre the map on it
A central bank can eliminate a self-fulfilling ('sunspot') debt crisis simply by credibly committing to buy as many bonds as needed at the low interest rate.
Last stated 4 years ago
1 Jun 2022
OB
Olivier Blanchard — holds since 2022-06-01 — tap for who they are
Same subject: A government debt crisis is measurable and therefore visible well in advance; the diagnostic is mechanical rather than a matter of judgement. — tap to centre the map on it
A government debt crisis is measurable and therefore visible well in advance; the diagnostic is mechanical rather than a matter of judgement.
Last stated 2 months ago
21 Aug 2026
RD
Ray Dalio — holds since 2026-08-21 — tap for who they are
Same subject: "Move fast and break things" is the wrong mantra when you are dealing with atoms; the job is to move fast and ship safely. — tap to centre the map on it
"Move fast and break things" is the wrong mantra when you are dealing with atoms; the job is to move fast and ship safely.
Last stated 3 months ago
3 Aug 2026
DD
Dmitri Dolgov — holds since 2026-08-03 — tap for who they are
Same subject: AI companies promote themselves around 'taste' because their products are unappealing outside tech circles. — tap to centre the map on it
AI companies promote themselves around 'taste' because their products are unappealing outside tech circles.
Last stated 7 months ago
26 Mar 2026
KC
Kyle Chayka — holds since 2026-03-26 — tap for who they are
Same subject: Algorithmic optimization can optimize people to be resentful and angry online — tap to centre the map on it
Algorithmic optimization can optimize people to be resentful and angry online
Last stated 5 years ago
15 Feb 2022
DH
David Heinemeier Hansson — holds since 2022-02-15 — tap for who they are
same subject or similar wording a cloud: claims about one subject, named for it bar: when it was last stated, on a scale from 2015 to today — full is today a face: someone who holds the claim — tap it for who they are