What is this product/market fit thing?
I’m trying to organize my thoughts about product/market fit, so this may seem a bit disorganized to you. It is. But maybe writing it down will help me achieve better thoughts/article fit. Ha Ha.
When I stop to reflect about my startup’s product/market fit, I get very frustrated about the myriad interpretations that the term is used with in the VC/startup pundit circles.
First of all, product/market fit essentially means, when I read and think about it, that I have a product that has a market for it. Product/market fit means there are customers, collectively called a market, that like my product to the point of paying for it.
I have that.
But then I read Marc Andreessen’s seminal *The Only Thing that Matters" post, and it all goes south. He cites Andy Rachleff when trying to explain to us what PMF means:
“Product/market fit means being in a good market with a product that can...
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