If you have an all new product you need to get into the market fast. Once you have the basic features working you need to see if customers really exist. Even if it means your customers have to try everything twice because you crash the first time, if they buy your product you fix the bugs they see so that it mostly works and move on.
However if you don't have a new product you cannot do that. If you want to release something where the market already exists you can just do one part better you need to be as good in everything else. Tesla didn't release their original roadster without a heater, in the 1950s heaters were optional.
You need to figure out which market you are in and release accordingly. Getting this wrong means the death of your company. If you are in the first investors are taking a risk that people will want your product - it would be stupid to invest in perfection when customers might decide your product doesn't fill a need, better to abandon your interesting but useless product early. However when you are in the second you need to meet your user's expectations - thus I don't need to check the feature list to tell you Tesla comes with a working heater standard. Expectations is also why the early reviews of Tesla showed a tow pulling it away with a dead battery - the equivalent stupidity in a gas car would be the tow truck charging $10/gallon for gas and you are on your way in a few minutes. (Tesla has been mostly successful in managing expectations in the years since - now everyone knows it isn't the best car for cross country trips but you can do it once in a while with a little planning - there is a lesson in this too when you are a little different in an existing market make sure the downsides of your different are understood)
If you have an all new product you need to get into the market fast. Once you have the basic features working you need to see if customers really exist. Even if it means your customers have to try everything twice because you crash the first time, if they buy your product you fix the bugs they see so that it mostly works and move on.
However if you don't have a new product you cannot do that. If you want to release something where the market already exists you can just do one part better you need to be as good in everything else. Tesla didn't release their original roadster without a heater, in the 1950s heaters were optional.
You need to figure out which market you are in and release accordingly. Getting this wrong means the death of your company. If you are in the first investors are taking a risk that people will want your product - it would be stupid to invest in perfection when customers might decide your product doesn't fill a need, better to abandon your interesting but useless product early. However when you are in the second you need to meet your user's expectations - thus I don't need to check the feature list to tell you Tesla comes with a working heater standard. Expectations is also why the early reviews of Tesla showed a tow pulling it away with a dead battery - the equivalent stupidity in a gas car would be the tow truck charging $10/gallon for gas and you are on your way in a few minutes. (Tesla has been mostly successful in managing expectations in the years since - now everyone knows it isn't the best car for cross country trips but you can do it once in a while with a little planning - there is a lesson in this too when you are a little different in an existing market make sure the downsides of your different are understood)