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by JohnFen
740 days ago
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I actually think this sort of thing is a huge part of SV-style companies are increasingly viewed in a poor light by normal people. It's hubris. The mindset takes "People don't know what they want. We do." far, far too seriously. |
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When you’re making a product you have to spin up the flywheel with marketing in order to get accurate feedback from customers.
The previous method was to use focus groups to make new products. That was far worse.
Even harder, nowadays the biggest impact comes from platforms instead of products. Multi-sided marketplaces are even more challenging.
It’s not hubris, it’s collective complexity, increasingly sophisticated consumers, and less low hanging fruit.