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On Product Market Fit

Tom Meagher
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Broadcast 002

I’ve worked at a couple startups, interviewed at 15+, and see friend’s companies, it’s easy to tell when there is product market fit or not.

Often people get caught up in “playing startup” or want to believe they have it when they don’t. It’s good to remember the actual definition — Marc Andreessen’s — so you can correct people.

The customers are buying the product just as fast as you can make it – or usage is growing just as fast as you can add more servers. Money from customers is piling up in your company checking account. You're hiring sales and customer support staff as fast as you can. Reporters are calling because they've heard about your hot new thing and they want to talk to you about it. You start getting entrepreneur of the year awards from Harvard Business School. Investment bankers are staking out your house. You could eat free for a year at Buck's.

Michael Seibel’s post is a shorter read that will do https://blog.ycombinator.com/the-real-product-market-fit/