One of my favorite questions to ask seed/early stage entrepreneurs is “do you have product/market fit?” Then, naturally, it’s followed up by “how do you know and what are the metrics?” Of course, the answers, and rationale, are all over the place. While there are a variety of ways to define product/market fit, here are the three most common:
While there are a number of competing definitions, it’s clear that product/market fit represents good things happening in the startup and the foundation for a successful company. from https://davidcummings.org/2019/04/27/competing-definitions-of-product-market-fit/
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