Early startup traction does not predict long-term product-market fit
Mike Hirschland · 20VC: The Acceptable vs Unacceptable Risks To Take When Seed Investing, Why Loss Ratio Is Not A Consideration & Why Series A Is The Right Time To Establish A Board with Mike Hirshland, Co-Founder @ Resolute Ventures · Mar 18, 2019 · at 8:07
Mike Hirshland, co-founder of Resolute Ventures, discusses seed investing risks on 20VC, explaining why Resolute is comfortable taking product-market fit risk over metrics.
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“But our view is that, that those early signs of traction really are not very telling about whether they're ultimately going to have meaningful traction and product market fit.”
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