TLDR Tech / Fintech
Andy Rachleff on what most founders get wrong about product/market fit
Product/market fit starts with proving a clear value hypothesis: the what (tech inflection you're building on), the who (target customer), and the how (business model). Most founders iterate on the market instead of anchoring to a non-consensus technological inflection point, which is where outsized venture returns come from. The real test of product/market fit isn't paid growth: it's organic, word-of-mouth traction that signals users genuinely love the product.
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