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Jul 13, 2022 · This article talks about the only thing that matters is product-market fit. 5 minute read. Key Quotes “I’ll assert that market is the most important factor in a startup’s success or failure.” “When a great team meets a lousy market, market wins.” “When a lousy team meets a great market, market wins.”
Jul 15, 2014 · In 2009 Marc Andreessen (then tech luminary now venture capitalist luminary) posted an article to his blog about Product Market Fit: “The only thing that matters to a startup. ” While the concept of Product Market Fit had been around for a long time prior to Mr. Andreessen’s posting, he did an excellent job of summarizing and popularizing ...
Jul 20, 2018 · Marc Andreessen and Elad Gil. Posted July 20, 2018. Editor’s note: This interview with Marc Andreessen was edited and condensed for clarity from the original conversation, and appears in The High Growth Handbook on scaling companies from 10 to 10,000 by Elad Gil. The full content has been reprinted below, with our own formatting.
Mar 10, 2024 · Start working on the PMF if you still haven’t. Scaling a Pre-product market fit startup is almost a sure-shot way to kill it! In 1999, I built a failed dot com. Initially raised from F&F, and ...
Oct 26, 2023 · Andreessen spends much of his manifesto venerating the version of markets that you hear in the first few weeks of Econ 101, before the professor begins complicating the picture with all those ...
Feb 29, 2024 · The magic number that indicates the Product Market Fit is when > 40% of users respond as “very disappointed.”. The companies that struggle on the same can barely even touch 40%. 51% of Slack users responded that they would be very disappointed without Slack, revealing that it had indeed attained product/market fit.
Jun 21, 2018 · The reality is that the real uphill climb comes afterwards. In a formulation made by Marc Andreessen more than ten years ago, companies test prototypes of products that scale as soon as they find their market fit and it looks something like this: The reality is that the market is much more complex. B2B are a medley of customers, product use ...
