Fri, 15 March 2024
What Is Product Management Hello, this is Hall T. Martin with the Startup Funding Espresso -- your daily shot of startup funding and investing. Product management drives the development, launch, and ongoing support of the product. Here’s a list of duties and responsibilities: Research the market and customers for the proposed product. Identify the customers' key care abouts and pain points. Size the potential market for the product. Develop a position in the market for the product given the competition. Test the market with minimum viable products and test use cases. Drive the development of the product by building out the features in a logical order. Develop a roadmap for the life of the product. Refine the vision for the product and its role in the market. Continually review the product and refine the goals for it. Product management is a strategic function in the business.
Thank you for joining us for the Startup Funding Espresso where we help startups and investors connect for funding. _______________________________________________________ For more episodes from Investor Connect, please visit the site at: http://investorconnect.org Check out our other podcasts here: https://investorconnect.org/ For Feedback please contact info@tencapital.group Please follow, share, and leave a review. Music courtesy of Bensound.
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Fri, 15 March 2024
In this episode of Investor Connect, Hall T. Martin discusses the challenges of fundraising with guest Scott. Scott shares his struggles in closing deals for his startup, highlighting the common issues of finding a lead investor and facing shifting goalposts from potential investors. He explores the difficulties of meeting investor expectations regarding product development and traction. Hall provides insights into the current fundraising landscape, emphasizing the importance of market-rate valuations, creating scarcity in deals, and showcasing a predictable customer acquisition funnel. Scott discusses his startup's valuation strategy, including a convertible safe note with a cap rate and tiered structure. Hall offers valuable advice on refining the pitch deck by incorporating logos of potential partners, emphasizing the significance of proprietary data and the AI's speech recognition capabilities. Thank you for joining us for the Startup Funding Espresso where we help startups and investors connect for funding. Let’s go startup something today. _______________________________________________________ For more episodes from Investor Connect, please visit the site at: http://investorconnect.org Check out our other podcasts here: https://investorconnect.org/ For Investors check out: https://tencapital.group/investor-landing/ For Startups check out: https://tencapital.group/company-landing/ For eGuides check out: https://tencapital.group/education/ For upcoming Events, check out https://tencapital.group/events/ For Feedback please contact info@tencapital.group Please follow, share, and leave a review. Music courtesy of Bensound.
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