2min chapter

This Week in Startups cover image

Andy Rachleff on management theory, Reed Hastings’ genius, lessons from passing on Netflix & more | E1158

This Week in Startups

CHAPTER

Product Market Fit - Is It the Most Important Thing?

i spent a lot of time talking to management teams about the importance of product market fit. What are the techniques for knowing we have product market fit? And this has changed overtime, because we have big data. We have metrics that you didn't have, correct in the nineties? The amounto aint metrics, though, that i use, or the huristics that i've come to recommend, don't require big data. It's ke golly simple. Let's do it. Give the huristic for pupils who don't know what the word means. I am no genius. Huristic means like rules that you can apply on some consistent basis....

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