One way to build a successful company – perhaps the best way – is to solve a big and relevant problem in the real world. For software companies, the solution to the problem is almost always deployed as a product, which customers hopefully will find useful and valuable enough so that they are willing to buy it. Given the importance of the product, it’s no surprise that most tech companies have a C-level executive who is responsible for the strategy and execution of all product-related activities, the Chief Product Officer (CPO). Whether the title is CPO, Head of Product, VP of Product, or something else, doesn’t much matter. There needs to be someone who is responsible for the strategic product direction and who leads the product organization.
Read MoreEven a young startup needs an org chart
An org chart forces you to think about all the functions in a business and who should be accountable for what. This can be very useful in early-stage businesses, where the only resources are the founders, but there will still be lots of things that must be done.
Read MoreCan't wait to try out mmhmm and pimp my Zoom meetings
When you work for a VC firm focusing on software, you’ll see a lot of product demos. I mean, a lot. They come in various formats, usually with some demo effects, and can be performed live in a conference room or in a cafe, or virtually over Zoom or something similar. Sometimes you’ll see a recorded demo video. Well, today a colleague shared a demo video, which immediately grabbed my attention and felt very fresh and cool.
Read MoreWhere are all the InsurTech startups?
The European startup scene is crowded with FinTech startups but the vast majority is focusing on payments, savings, lending or PSD2 related opportunities. A lot fewer startups are aiming to disrupt insurance related services, even though the insurance industry is equally ripe for digital disruption as the banking industry.
Read MoreFrom Vitamins To Painkillers
Many successful software products have started out as being vitamins but eventually evolved into being painkillers. What’s the difference and what should you aim for as a software entrepreneur?
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