An investor with a technology background shares his 'bitter lesson': customer obsession trumps technical perfection. The efficiency or beauty of the underlying code is irrelevant to users. All that matters is whether the product solves a significant pain point and how well that solution is communicated.
An investor's career journey from 'cool' industries like film financing to 'boring' ones like construction software reveals a core truth: the fundamental principles of building a business are consistent across all sectors. Passion for innovation and business models, not industry hype, uncovers the best opportunities.
Investors warn that when potential customers delay adoption because your product isn't a top priority, it's a major red flag. This feedback almost always means 'never' and signals a fundamental lack of product-market fit, suggesting you are solving a 'nice-to-have' problem, not a 'must-have' one.