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Hiring Developers Before Product/Market Fit?

SoCal CTO

Hiring seems to be the preferred use of seed funds (by investors and founders), whereas I'd prefer a focus on customer acquisition. The problem is you don't yet have product/market fit, and until you do, you don't really know what to build. These companies are very early-stage and definitely have not shown product/market fit.

CTO Hire 205
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Interview with Michael Wong, MergeLocal

socalTECH

That's what Los Angeles-based MergeLocal (www.mergelocal.com) is looking to find out, by offering up points which can be converted to real cash, when users check into local businesses. Michael Wong: I was previously CTO of an agency called Breakthrough Ads. Can you talk about how your company is funded?

CTO Coach 223
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The Audacious Plan to Make Electricity as Easy as WiFi

Both Sides of the Table

I think this is a combination of being realists as venture capitalists that outsized returns in our funds must come from taking on bigger, more impactful projects that can move markets. Meredith came to see me along with the CTO Marc Berte. The more we dug the more confident we became (and so did every advisor we used).