Great technology isn’t enough.
Have you ever invested in the "best technology" only to see it fade away?
Even the smartest bets can fall flat.
Sometimes, great tech doesn’t make it in out there.
There is a huge gap between potential and real-world adoption.
Last year, I went to an event by Multicoin Capital.
It’s a crypto fund I invest in.
There, I heard about a coin promoted as the next best technology in crypto. But guess what?
Fast forward to today.
I haven’t heard anything about it since.
Curious, I messaged the fund, only to find out they’d sold their entire position.
The answer I got was short and sweet.
“Not focused enough on commercialization.”
Technology doesn’t usually succeed on its own.
It made me feel that there was nothing wrong with the product but the approach.
The fear of taking your product out of the lab into the real world.
Fear of shipping.
Rather than spend endlessly on improving your product in a safe space, spend many years of work where the rubber meets the road and risk hearing what your users and the world say about your baby.
Have you ever felt you’d rather stay comfortable working on your product than risk hearing the market want something else?
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