3 ms·
>It takes some startups years to find true product market fit. I can think of only 3 reasons (not mutually exclusive) why it happened: 1. They had too much mo
by dgudkov 8y ago
>It takes some startups years to find true product market fit.
I can think of only 3 reasons (not mutually exclusive) why it happened:
1. They had too much money which made their PMF search process inefficient.
2. They had to educate themselves about the market from scratch. Which means that the original idea was a wrong/uneducated guess.
3. They didn't find product/market fit. The same team had to restart with another idea (possibly several times) and it took them much less time than several years to find PMF.