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I think Reid's [Hoffman] quote was accurate maybe 10 years ago... But the truth is, the bar for where your product needs to be today is so much higher. And yes, you should be embarrassed because I think the best founders will perpetually be embarrassed—Patrick and John [Collison] from Stripe are probably still embarrassed—but you have to have an insanely high level of product quality. You just
do.
Sahil Lavingia
Product Quality Is of the Utmost Importance; The Bar Is Higher Than Ever Before
20VC: Sahil Lavingia on Rolling Funds and Their Impact on The Future of Venture, How To Evaluate Market, Team and Product, The Value of Party Rounds & The Pros and Cons of Multi-Stage Funds Investing at Seed
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