[mruniverse]

I used to believe "that building the actual product is only 5% of running a business". Because if you don't have good sales people the product won't get sold. If you don't have good managers, resources will be wasted. If you don't have a good HR dept, good employees will be lost.

But I think the product has to be good. You need it all, but a software company needs its product to be good. Doesn't have to be the best or even great but at least good. Pulling a number out of my *ss I'd say the product is about 75% of running a business.

As for the culture of product managers, we have the same. And I loathe them.