Frustration often leads to innovation. For Miami-based entrepreneurs Nabyl Charania and German Montoya, slow product launches proved to be their inspiration.
The problem stems from investors and developers speaking different languages, says Charania, a mathematician who founded software developer Decipher Labs, and Montoya, a former McKinsey consultant, economist and founder of mobile marketing strategy firm Rokk3r Mobile. Too often, investors misunderstand the technology required to generate revenue, while developers misjudge the cost and time of scaling up. As a result, promising products miss their market due to capital, technology or talent gaps.
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