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The metric is important in the sense that you can't iterate quickly and figure out what does and doesn't work if you spend 2 years per version. Successful companies tend to be ones that iterate on new ideas quickly and double down on the ones that stick.

If this is the true intention of the question, then why don't they just ask "Tell us about a time when you iterated quickly." I'm still not convinced code velocity is a good metric.

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