This blog post is brought to you by the developer of BitBudget. BitBudget is an automated budgeting app for Android and iOS which syncs with your bank account and helps you avoid overspending. If you’d like to quit living paycheck-to-paycheck and get a better handle on your finances, download it today! https://bitbudget.io
My number one predictor of whether or not a company will find product-market fit: High shipping cadence.
— Naval (@naval) May 14, 2019
(It’s the speed at which the team iterates the product. From “shipping code / shipping product.”)
— Naval (@naval) May 14, 2019
Companies are less about striking oil on first try; much more about learning how to speedily prospect adjacent sites until you find a giant gusher. (And then quickly shifting to building a refinery.)
— Daniel Gross (@danielgross) May 14, 2019
I would not disagree with that. It might sound like you could spoof this heuristic by constantly shipping random crap. But no one can stand doing that for long. So in practice shipping regularly means you’re on the track.
— Paul Graham (@paulg) May 14, 2019