Search results
- Tren Griffin
- “Give me a giant market — always.” “Arthur Rock is the representative of: you find a great entrepreneur and you back him. My position has always been: you find a great market and you build multiple companies in that market.”
- “A value hypothesis is an attempt to articulate the key assumption that underlies why a customer is likely to use your product. Identifying a compelling value hypothesis is what I call finding product/market fit.
- “You often stumble into your product/market fit. Serendipity plays a role in finding product/market fit but the process to get to serendipity is incredibly consistent.
- “You can always feel when product/market fit isn’t happening. The customers aren’t quite getting value out of the product, word of mouth isn’t spreading, usage isn’t growing that fast, press reviews are kind of ‘blah’, the sales cycle takes too long, and lots of deals never close.
Oct 16, 2023 · We believe markets, to quote Nicholas Stern, are how we take care of people we don’t know. We believe markets are the way to generate societal wealth for everything else we want to pay for, including basic research, social welfare programs, and national defense.
Jul 13, 2022 · This article talks about the only thing that matters is product-market fit. “I’ll assert that market is the most important factor in a startup’s success or failure.”. “ You can always feel when product/market fit isn’t happening.
Product/market fit implies that you build a product, and then find a market that demands it. After nearly a decade of helping companies successfully launch radically new ideas, I’ve come to learn that startups can gain traction sooner by identifying and creating a market first, then building the product that market needs.
Jul 20, 2018 · Once there’s product/market fit, then the main thing becomes taking the market — which is to say, figuring out how to get the product to the entire market, how to get dominant market share; because most tech markets tend to end up with one company with most of the market share.
Mar 10, 2024 · Product/Market Fit is the only thing that matters - Marc Andreessen. Why is Product Market Fit so important? 90% of startups and 70% of startups that raised Series A end up as failures! Lack of Product/Market Fit is the most common reason behind “why startups fail.”
People also ask
Who is Marc Andreessen?
Is Andreessen's essay An argument?
What are some myths about product/market fit?
Why do we believe markets?
What does Andy Rachleff say about a great market?
Oct 26, 2023 · “Markets exploit the best of us to benefit all of us,” he writes. But Andreessen’s firm was perhaps the most ardent and outspoken of the crypto boosters in recent years.
