GV’s Frederique Dame on product-market fit: ‘You have one chance at a good experience’

GV’s Frederique Dame on product-market fit: ‘You have one chance at a good experience’

2 years ago
Anonymous $xqL1ZTchGQ

https://techcrunch.com/2022/04/28/gvs-frederique-dame-on-product-market-fit-you-have-one-chance-at-a-good-experience/

Fundraising is often presented as the most important step on a founder’s journey, but that is placing the cart before the horse.

Until a company builds a growing base of customers who are deeply engaged with its products, asking investors for money is a largely egotistical exercise. After a startup reaches product-market fit, however, savvy investors might compete for a chance to participate.

GV’s Frederique Dame on product-market fit: ‘You have one chance at a good experience’

Apr 28, 2022, 6:56pm UTC
https://techcrunch.com/2022/04/28/gvs-frederique-dame-on-product-market-fit-you-have-one-chance-at-a-good-experience/ > Fundraising is often presented as the most important step on a founder’s journey, but that is placing the cart before the horse. > Until a company builds a growing base of customers who are deeply engaged with its products, asking investors for money is a largely egotistical exercise. After a startup reaches product-market fit, however, savvy investors might compete for a chance to participate.