The Feature Factory
How Marketplace Founders Get Stuck in the Feature Factory
Marketplaces don't scale by adding more features. They scale by removing friction from the core exchange.
Output vs. Outcome
The 'Feature Factory' happens when you measure success by how many features you ship (outputs) instead of the value those features create (outcomes).
The Feature Fallacy
Founders often think the next feature will be the one that 'unlocks' the marketplace. In reality, it usually just adds more noise.
Strategic Focus
Escaping the factory requires a pivot to problem-centric thinking. What is the smallest possible change that solves the biggest current constraint?