Too close to the home, ouch. It’s such a microcosm of things. I can imagine people reading this going “ah, the founder was right, it’s those damn nerds” or “at least WE generated sales” and so on. The more you do startups the more it seems that the time is indeed a flat circle.
Oh, I'm glad I don't work in the oven business. We're just starting a stealth startup that's revolutionizing dishwashers, and the prototypes are amazing. They use less water, less detergent, and this weekend we're hoping to solve the last remaining issue: occasionally, they break glasses.
I hope it's not the approach of using less water by not rinsing properly in the end, so people have to either eat soap or rinse everything manually afterwards, wasting far more water. I swear Bosch is so terrible at this.
This was such a funny and refreshing read. Especially to find on this VC fuelled forum.
There was so much truth in this on a Dilbertesque level. If you can learn from this you are winning.
I am not saying "VC bad". I am saying it is a sharp-edged tool which you need to wield with great care. This humorous piece really points out the pitfalls.
Worth the read - do not just lurk here in the comment section (as I usually do!)
Sadly it is not unique to VC. Many in-house products of large companies follow exact same story: sunk cost fallacy, investing in expectation management instead of the product itself, risky and expensive bets dressed as 'MVPs', riding on perpetual promises etc.
for me, the moral of the story is that it's easier to promise things than to deliver them. or, engineering was the bottleneck.
in my experience, this is not particular to start-ups, or even software engineering.
why does this happen though?
i think it could be due to short-term thinking. like buying things with a credit card: you get the shiny new thing immediately, but the payment is diluted over time. likewise, once the sale is made, you may feel the reward immediately (though i guess it depends on the exact nature of the deal), but the work that will have to be done, will be done over time.
also, it's no wonder that the founder, or, outside start-ups, the marketing department, which specializes in promising impossible things, manages to evade the blame...
Brilliant. What I liked are the characters - it's hard to make every character motivation reasonable and so well communicated.
What I think is a bit of a missed opportunity is for the product to fail with "the pizza|cake|pastry is half-baked" and so customers still have to do the rest of the job anyway.
This is so well written. What would really be icing on the cake would be for Mario to join another oven company that had the same premise (or similar vein) where he got to experience that all over again. Either way, there’s always a starry eyed graduate that thinks this is my ticket.
This one hits a little too close to home. I left my company around 9 months ago due to being "Mario" at my old company. It was a good decision because it ended up being a sinking ship. I wish I left much sooner, but I didn't know the red flags at the time. An expensive lesson for me
This is such European take on startups. Tesla was making shitty overpriced status symbols/value signalling cars and selling FSD for 10k knowing very well that it will not work with car hardware. It took them 10 years to "fake it until you make it stage".
If founder keep iterating and hyping his ovens with enough capital he could become big player in oven maker space and disrupting industry. Learning from this article was that he lacked capital and vision.
I've been experimenting with writing longer-form content. I do agree the main point could be condensed a lot and I'm not the a great writer by far. This is kind of a rant and really cathartic for me to write after working more than 5 years on startups. Just wanted to share it.
There was so much truth in this on a Dilbertesque level. If you can learn from this you are winning.
I am not saying "VC bad". I am saying it is a sharp-edged tool which you need to wield with great care. This humorous piece really points out the pitfalls.
Worth the read - do not just lurk here in the comment section (as I usually do!)
why does this happen though? i think it could be due to short-term thinking. like buying things with a credit card: you get the shiny new thing immediately, but the payment is diluted over time. likewise, once the sale is made, you may feel the reward immediately (though i guess it depends on the exact nature of the deal), but the work that will have to be done, will be done over time.
also, it's no wonder that the founder, or, outside start-ups, the marketing department, which specializes in promising impossible things, manages to evade the blame...
to the Amazon river everything and anything will be a bottleneck
What I think is a bit of a missed opportunity is for the product to fail with "the pizza|cake|pastry is half-baked" and so customers still have to do the rest of the job anyway.
If founder keep iterating and hyping his ovens with enough capital he could become big player in oven maker space and disrupting industry. Learning from this article was that he lacked capital and vision.
It resonates with my personal experience, and your writing style is fresh and dynamic.
Thanks for sharing it, and it deserves to be on the front page and #1.
Different tastes