A Smart Bear » The roadmap to Product/Market Fit… maybe
- Level one: Nascent product-market fit. Likely a pre-seed or seed-stage company. The goal in this stage is to find three to five customers with a problem worth solving, engage with them, deliver a solution, and validate that solution. [examples: Vanta,
Lenny Rachitsky • A framework for finding product-market fit | Todd Jackson (First Round Capital)
a spectrum that provides a useful guide to finding ever-increasing PMF:
- Step 1: Get one company to love your product
- Step 2: Get one company to pay (a meaningful amount of money) for your product
- Step 3 : Get more than one company to love and pay for your product
- Step 4: Start noticing a shift from push to pull, and organic growth
- Step 5: Keep
Lenny Rachitsky • A guide for finding product-market fit in B2B
How I would choose my next startup idea:
1. It must be a product in a growing market. Startups can take years or even decades to fully develop, don’t risk creating an amazing product just to have the user base dry up.
2. The value of the product must increase over time. For example, as you upload more to a social media platform and make more friends,... See more
1. It must be a product in a growing market. Startups can take years or even decades to fully develop, don’t risk creating an amazing product just to have the user base dry up.
2. The value of the product must increase over time. For example, as you upload more to a social media platform and make more friends,... See more