Discussion about this post

User's avatar
Elizabeth's avatar

Market-fit is so wildly under-leveraged and misunderstood. If I could have a nickle for every founder I worked with who was confident they had pmf, when they in fact did not have pmf, I'd have a lot of nickles.

Expand full comment
Adam Egger's avatar

Brilliant post, Sean. This line is a multi-million dollar lesson in itself:

"We had PMF with free, motivated users, but not with the paying market."

This is the ghost in the machine of so many funded startups. They mistake engagement for evidence. They use free usage as a proxy for value, but the only true measure of value is a transaction.

It's why I believe the "Willingness to Pay" test must come before any serious investment in scaling. It's the only way to know if you've built a business or just a popular hobby.

Expand full comment
10 more comments...

No posts