added by sari and · updated 1mo ago
Figma’s Early Days—How Patience & Discipline Fostered a Killer Product
sari and added
Figma had $0 in revenue for 4 years. Completely breaks the “rush something to market and start charging immediately” mindset that most try to adapt. And it resulted in the largest acquisition of a private software company (ever) https://t.co/YLGBR9hJe0sari and added
Timour Kosters and added
But that path to figuring that out wasn’t easy. Here’s Ofstad’s advice for fellow horizontal product builders:
1. Double down on early traction (carefully).
2. Blend the functional and the aspirational.
3. Map out your adoption.
4. Think about pricing as positioning early on.
from Airtable's Path to Product-Market Fit by First Round Capital
Timour Kosters added
- I used to be confused by the Figma’s team consistent framing of Figma as browser-first. What was the distinction between this and cloud-first? Over time I’ve come to see how important this distinction has been. When many creative tools companies talk about the cloud, they seem to view it as an amorphous place that they store files.
from Why Figma Wins by Kevin
sari added
- What founders have a hard time grasping (and Steve himself might have had a hard time grasping) is what insanely great morphs into as you roll the time slider back to the first couple months of a startup's life. It's not the product that should be insanely great, but the experience of being your user. The product is just one component of that. For ... See more
from Do Things that Don't Scale by Paul Graham
Ajinkya Wadhwa added
Kassen Qian added
How today's fastest growing B2B businesses found their first ten customers
5 highlights
Ted Glasnow and added