In my opinion, a successful startup proves a market exists, it doesn’t have to fit a product to it. But it’s important to create IP relevant to exploiting the m

In my opinion, a successful startup proves a market exists, it doesn’t have to fit a product to it. But it’s important to create IP relevant to exploiting the market. A very successful startup demonstrates multiple angles on one or more markets. A startup going for ipo can then go for fully exploiting these markets. A startup going for acquisition will let the acquirer do that. The acquirer is purchasing proof of market and relevant IP for exploiting it. Basically, I’d say product market fit is mostly bs for startups. A great startup will be a string of demos uncovering a market. Product market fit is for maturing and mature companies to worry about.