Shippo’s Path to Product-Market Fit

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First Round Capital’s PMF framework consists of four levels: nascent, developing, strong, extreme

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)

By working within the browser, Figma introduced an astounding level of efficiency into the design process and drove organization-wide adoption, which resulted in large ACV enterprise opportunities. This required a period of complex product development prior to monetization — so being product-obsessed and patient were a big part of the company’s

Sean Whitney • Figma’s Early Days—How Patience & Discipline Fostered a Killer Product

Here's a common startup situation. A team busts their ass for months building the first version of their product. It's almost done. Now a big question emerges -- how do you get the first people to use your product? Hmm... If you find yourself at this moment, then you are already in a bad... See more

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