product-market fit

“You, know, we internally had our off site for Connie, and I think everyone on average said we thought we were six out of 10 on product market fit.”

“And that means that my view is, is in the early days of a business, until you've hit true product market fit, you should be measuring success in your business by the speed of your product or service evolving versus the speed of your revenue growth.”

“They can convince themselves that they're actually meaningfully moving toward product market fit by just sitting in the room and coding all day. Most of the time, that time is wasted. You know, it's not getting you any closer to the insights you need to buildi…”

“I think Marc's definition of And perhaps definition is the wrong word. It's sort of an observational awareness. You know it when you have it is great, but it is a lagging indicator.”

“22 or 20% plus, I would say, tweak your market, tweak your product. You can iterate your way there. It's when you're sort of in the 10 to 15% range That I start to think, well, you know, maybe you should just have an entirely different market or an entirely di…”