Re:The Real Product Market Fit
by api on Monday June 27, 2016 @01:01PM
(#11987536)
To what extent is sustained exponential growth a sign of product market fit? And do you view it as binary?
Also what are your thoughts about the long term viability of this approach to building companies? As someone with a bit of a machine learning background I see this whole model as "greedy hill climbing" aka "gradient descent." That will work until we fill in all the micro-niches at the current macro fitness peak. Then these kinds of "lean startup" style fit-and-explode market opportunities will become depleted.
Re:The Real Product Market Fit
by mwseibel on Monday June 27, 2016 @02:01PM
(#11988037)
Exponential growth with retention over time is probably another definition of product market fit. I think the world is always creating new problems to fix and we aren't successfully tackling the hard ones yet (housing, healthcare, poverty, etc).
Also what are your thoughts about the long term viability of this approach to building companies? As someone with a bit of a machine learning background I see this whole model as "greedy hill climbing" aka "gradient descent." That will work until we fill in all the micro-niches at the current macro fitness peak. Then these kinds of "lean startup" style fit-and-explode market opportunities will become depleted.