3 ms·
Even if you get PMF, you don't magically sustain it and extend it. You need PMF and the business model*. Example: Yahoo search had PMF. Google search had PMF
by gz5 4y ago
Even if you get PMF, you don't magically sustain it and extend it.
You need PMF and the business model*.
Example: Yahoo search had PMF. Google search had PMF paired with the winning business model.
*and much more, depending on your addressable market and aspirations...but PMF and business model are two legs of your stool
- shrisukhani 4y agoAlso very true! PMF for dog-dating apps (intentionally bad example) is virtually useless. OTOH PMF in the database market is frickin amazing and you're likely drowning in revenue! As much as people don't want to believe it, TAM is a very very real in a startup's success.
- lelanthran 4y ago> Also very true! PMF for dog-dating apps (intentionally bad example) is virtually useless. OTOH PMF in the database market is frickin amazing and you're likely drowning in revenue! As much as people don't want to believe it, TAM is a very very real in a startup's success. TAM?
- lifeplusplus 4y agomarket size, total addressable market
- daniel_iversen 4y agoYes! Decent execution (incl. your Go-To-Market strategy) combined with PMF = likely some success. Great attempts at execution combined with poor PMF = almost impossible.
- akiselev 4y agoI thought the whole point of product market fit was finding a product with a value proposition the market thought was worth paying for?