R. G. B.
Elad: I’d love to talk a little bit about getting the next product in the product cycle. How do you start iterating and how do you come up with your v2 or your new product area? And how do you think about percent investment in core adjacent versus completely new areas? Google had a 70-20-10 framework. Do you think frameworks like that work?
Marc: I don’t really like the numeric version of the answer because it’s kind of what big, dumb companies do. They say, well, we invest R& D as a percentage. But anybody who’s actually worked in R& D knows it’s not really a question of money. It’s not really a question of percentage of spend. It’s who’s doing it. What I’ve always found is this: give me a great product picker and a great architect, and I’ll give you a great product. But if I don’t have a great product manager, a great product originator—it used to be called a product picker—and I don’t have a great architect, I’m not going to get a great product.
a16z.com/2018/07/20/after-produc
Where to Go After Product-Market Fit: An Interview with Marc Andreessen - Andreessen Horowitz
Editor’s note: This interview with Marc Andreessen was edited and condensed for clarity from the original conversation, and appears in The High Growth Handbook on scaling companies from 10 to 10,000 by Elad Gil. The full content has been reprinted …