A win for the product community
The Product Alpha Effect at scale
Last week, the case for product showed up in the Wall Street Journal. Mighty Capital closed an oversubscribed $91M Fund III, three times the size of our last. Behind it are 6 IPOs and over $1 billion of value created.
These outcomes are the result of a thesis this community has lived for years, which we call the Product Alpha Effect. Early product signals are leading indicators of category-defining companies, and product leaders are uniquely positioned to read them.
I'm proud of what this means for the product community. We have been the ones seeing the future first for a long time. The numbers say we were right, and the WSJ coverage says the rest of the world is catching up.
What does this mean for the future of product? The conversation is already underway on my LinkedIn post. I'd love to hear your perspective.
A quick note for our New York City community: join us in person next week for a fireside chat on the human side of product leadership. Request your free ticket here.
Check out some of our recent content from top voices in the product space.
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The AI-Native Product Team: How CPOs Are Rebuilding Their Org Charts
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