Zoom doesn't have product/market fit?? 🤯 (Startup Watching #247)

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Zoom has 300 million daily users and their revenue is SOARING after posting $622 million in 2019. But Hiten Shah, one of the savviest product people in the world, says they don’t have product/market fit.

I’m double dipping on Hiten in this issue! We’ve been working on a big piece on dealing with uncertainty in business, and so we reached out to a handful of founders for advice. What Hiten said surprised us, and we loved it so much we’re publishing his interview before the final piece.

Tobias Van Schneider breaks down a new trend in branding and product design. Why has everything gotten so… cute?

Buffer is one of the companies I have looked up to since before I started Krit. Their transparency and company values have been a model for us as we’ve grown. During the beginning of the pandemic, they moved to 4-day workweeks to help their team cope with the turmoil. And now they’re trying it out for the rest of the year. I’m eager to see what they find.

A couple years ago, much to my chagrine, I fell in love with CrossFit. It was the perfect gym experience for me. I’m a major extrovert, so the social nature kept to me in the gym for the first time ever. I had dabbled with powerlifting, but I didn’t care that much about maxing out my bench press, I just wanted functional fitness.

Last week the CrossFit CEO showed his true colors, and made some fucked up comments about George Floyd and the protests going on. In this report 2PM breaks down the mistakes CrossFit has made, and how they stem from overconfidence.

In the five years since Jon Stewart left ‘The Daily Show,’ the world has seemingly gone off the deep end, but he’s stayed quiet. He’s back with a new movie (that looks awesome) and an interview where he weighs in on the world we’re all dealing with.

Man, this guy just gets it. This interviewed reminded me how incredibly gifted he is and how much I’ve missed him. Even though I respect the hell out of him stepping aside and letting other voices rise to the top.