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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 Same subjectSame subjectSame subjectSame subjectSame subjectSame subjectSame subjectSame subjectSame subjectSame subjectSame subjectSame subjectSame subjectSame subjectSame subjectSame subjectSame subject 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 firstgeneration makes the product, the secondfixes it, and only the third fixes thebusiness. 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 isusually 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 alreadyproduct-first almost never becomesgood 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 timecrafting the exact perfect solutionuntil you know it works; getting anearly version you can play with inthe product is a really goodmilestone. 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 aproduct that already exists, but thegenuinely new version one still hasto 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 orrequire drastic changes before theycan 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-laterto every business is a cookbook thatturns 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 entrepreneursmistakenly build a solution beforeidentifying the problem it is meantto 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 thevaluation if it buys all of thecontrol, because the right to bewrong in your own way is whatfounding 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 toocapital-intensive for venture money;they need government or sovereignfunds 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 whatyou want in any situation, and thatis exactly why investors want it: aformidable founder's interests andtheirs 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 inretrospect, so arguing about whetherone is happening now cannot besettled 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 aself-fulfilling ('sunspot') debtcrisis simply by credibly committingto buy as many bonds as needed atthe 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 ismeasurable and therefore visiblewell in advance; the diagnostic ismechanical rather than a matter ofjudgement. 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 thewrong mantra when you are dealingwith atoms; the job is to move fastand 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 themselvesaround 'taste' because theirproducts are unappealing outsidetech 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 canoptimize people to be resentful andangry online Last stated 5 years ago 15 Feb 2022 DH David Heinemeier Hansson — holds since 2022-02-15 — tap for who they are
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At the centre Nothing works the first time: the first generation makes the product, the second fixes it, and only the third fixes the business. Last stated 7 Jun 2026 · 5 months ago Holds Tony Fadell Read this korrent →