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> I'm not sure what "formal definition of demand" you referring to. Me neither since I didn't. > In microeconomics... I can find no evidence that product-mar
by randomdata 5y ago
> I'm not sure what "formal definition of demand" you referring to.
Me neither since I didn't.
> In microeconomics...
I can find no evidence that product-market fit came out of microeconomics, so I am not entirely clear on the relevance of that. Context is relevant. This seems like us having a conversation about how a pointer on a computer (you know, the arrow thing) interacts with a UI with someone chiming in to say, "In computer science a pointer stores a location in memory."
> Again, "weak" doesn't mean anything in that field.
I'm inclined to agree within the new context you have provided, but that does not mean "weak demand" is without meaning. In fact, it is a term used relatively frequently, including in respected publications.
- danielmarkbruce 5y ago> Me neither since I didn't "Not by the formal definition of having strong demand" - didn't you say that? I see it there, under your name.
- randomdata 5y agoI did say that. The definition of product-market fit is indeed "having strong demand". I am not sure how that relates to a formal definition of demand?
- danielmarkbruce 5y agoOk, I see what you are saying now. We were just speaking past each other. I thought you were saying there is a formal definition of strong demand. Ie, there is a formal definition of demand, and a definition of "strong" in that context and thus a formal definition of strong demand. What you were saying is the definition of product market fit is having strong demand.