1/ Most founders think product-market fit is binary. You either have it or you don't. Wrong. PMF is a spectrum. I've seen companies with 'perfect' PMF die and 'weak' PMF companies hit $100M ARR. The difference? Speed of iteration.
Serial entrepreneur, AFoundery venture studio founder, angel investor, mentor, and public speaker. Harvard Business School alumnus. 20+ years building ventures across USA, Mexico, India & Nepal. 30+ startup investments via TheSeedFund.vc.
1/ Most founders think product-market fit is binary. You either have it or you don't. Wrong. PMF is a spectrum. I've seen companies with 'perfect' PMF die and 'weak' PMF companies hit $100M ARR. The difference? Speed of iteration.
Product-market fit is not a milestone. It is a feeling founders fake to close the round. Real PMF is when customers argue with you about your own pricing because they need it that badly.
AI tools did not give small teams superpowers. They gave average operators the ability to produce average output faster. The gap between sharp and mediocre just got wider, not smaller.
A co-founder you met at a hackathon is not a co-founder. That is a stranger with shared enthusiasm. Real partnership gets tested in the bad months, not the launch week.