Stop growing your startup when your product still sucks

We have exactly $325,710 left in our bank account. The cash is burning fast, and we’ve already wasted a big portion of our seed investment trying to market a product for which we thought we had already found a product/market fit. “Four out of ten,” shouts Lauren, breaking the silence we’ve had for almost twenty minutes in our meeting room. Things were finally looking promising, with the new version of our product we’ve been testing over the last weeks. Four out of ten people repurchased our new product! And some even brought their friends. Now, imagine we achieved such a…

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