Myths about product/market fit, and how to find it | David Hsu & Bryan Schreier
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- Опубликовано: 16 ноя 2022
- The product/market fit is the one and only priority for early-stage startups, but the journey to finding it is arduous. There’s substantial misinformation about what it is, how to find it, and what it feels like when you have it. Join David Hsu, founder and CEO of Retool, and Bryan Schreier, partner at Sequoia, as they discuss common misconceptions about PMF, how Retool found it (including the missteps along the way), and whether there’s a formula for finding it (yes, David thinks).
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Super helpful interview, understanding how they tested the messaging around a core product.
However I am confused about complexities of determining product market fit they discuss. As an investor I worked with a FMCG company, who by nature, launches many products. There we simply measured organic adoption of the product versus sales/marketing driven growth. What am I missing?
Can this guy just let David talk…
Chapterssssss
David Hsu is a SNL character, right?
Product market fit is a bunch of nonsense that Ycombinator came up with . Paul Graham is wise but they are just as clueless as most. when 97 percent of YC companies dont understand what the true definition is, and they clearly cant explain it outside of claiming PMF is when a company gets to a unicorn status then its a bunch of nonsense. YC has claimed that even with a few hundred million in earnings that a company doesnt have pmf and at that point its just a bunch of nonsense. They also claim that people have to love your product and cant do without it and that is another nonsense. Most tech products arent needed but people use it ..
You need to checkout Den Oslen video on product market fit
I wish he wouldn’t have cut off David just as he was getting to the good stuff. Worst interviewer- likes to listen to himself talk