4 ms·
Whenever I see posts of the type product-market-fit, I wonder why bother with this phase? There are so many well funded companies that have already found the pr
by manishsharan 6y ago
Whenever I see posts of the type product-market-fit, I wonder why bother with this phase? There are so many well funded companies that have already found the product market fit .. why not innovate or differentiate in that space ? MySpace found the product market fit ... Facebook perfected it. As a fast follower, you don't have to spend cycles on PMF which frees up resources to either reduce your price or improve customer service. Thoughts?
- KarimDaghari 6y agoWhat you said sounds correct however it’s not really as black and white as it may seem. Figuring out pmf means figuring out what make your product unique relative to your competitors which makes it a bit hard if not downright impossible to skip this step.
- markdown 6y ago> Facebook perfected it. Wow, that's quite a statement. Do you really, honestly believe that Facebook is a perfect social media service? I mean, Google Plus was far superior to FB but still had room for improvement.