4 ms·
This is extremely well put -> You raise money, you build something, and then you have a limited time to see whether your hypothesis about the market was correc
by switch11 6y ago
This is extremely well put
-> You raise money, you build something, and then you have a limited time to see whether your hypothesis about the market was correct. Often, if not most of the time, you fail to get the fit you need in order to succeed.
A lot of people will try to counter it
However, that is REALLY what it comes down to
we have a HYPOTHESIS about the market. A product that we think will win/succeed/do well
The Market Always Wins
It either accepts your product (your hypothesis was correct, or became correct by the time you launch your product)
or it rejects your product