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Construct one thing individuals need. It’s a easy idea — and one which Y Combinator likes to repeat — however one that may be exhausting to get proper when constructing a startup.
How strongly a expertise good or service resonates with potential clients is usually known as “product-market match,” or PMF. The extra product-market match you have got, the better it will likely be to promote your startup’s merchandise and, often, the much less steadily clients will churn.
PMF is subsequently a important startup theme, even whether it is exhausting to outline exactly. One definition that has all the time resonated along with your humble servant is that product-market match is when clients are ripping the product out of your arms. That doesn’t apply evenly to all startup merchandise, however it’s a very good rule of thumb.
Jess Lee is coming to TechCrunch Early Stage in Boston this 12 months to assist founders seeking to attain, or refine, their present PMF information their upstart tech corporations in the fitting path.
Early Stage is shaping as much as be presumably our best-ever shindig for early-stage founders, with NFX’s James Currier, Underscore’s Lily Lyman, and naturally Lee herself coming ’spherical to speak store.
As with all Early Stage occasions, viewers Q&A will probably be a important element of each session, so deliver your pocket book, a number of pens, and I’ll see you on April 25! Seize your tickets now to avoid wasting $200, earlier than costs go up on March 29.
Is your organization interested by sponsoring or exhibiting at TechCrunch Early Stage 2024? Attain out to our sponsorship gross sales workforce by finishing this way.
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