Frosst: Product-market fit can only be recognized post hoc, like evolutionary fitness
Nick Frosst · He built Cohere into a $5.5B AI startup; How to Win in AI; & Why LLMs won't lead to AGI. | Nick F... · PMF Show · Sep 9, 2024 · at 40:50
Nick Frosst is co-founder of Cohere, an enterprise AI foundation model startup. He is discussing why he dislikes the standard startup concept of product-market fit.
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“The notion of product market fit, I don't love because it's all, it's similar to fitness within The notion of fitness within evolutionary theory in that it's only post hoc. You can look at an animal and you can say, oh, this is fit for these reasons. Like, here's why this is doing really good in this niche. But it's very difficult to look at an animal and say, is it going to be fit? Or is it like, you know, is it, it's really only something you can identify after the fact.”
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