Collison: Product-market fit is when you bottleneck on serving demand
Patrick Collison · Running Your Company by Patrick Collison · Y Combinator · Oct 3, 2018 · at 11:53
Patrick Collison, co-founder and CEO of Stripe, discusses how to define product-market fit in a talk with YC Partner Adora Cheung.
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“And when we launched we were basically immediately bottlenecked on sort of being able to serve user demand rather than generating user demand. And I think sort of directionally that's kind of the sort of the inversion that happens where sort of, you know, in the early days you're sort of really trying to figure out, well, okay, kind of, you know, conditioned on or given some user, how do I make sure that it's, if it does what they need and, you know, they end up a happy retained user in a, you know, a sufficient fraction of cases or whatever.”
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