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#103 - Michael Seibel
Y Combinator Startup Podcast
Is There a Single Variable Problem for Startups?
In many cases, like revenue that you keep is as close as we can get to a single metric. For our product, one, we had no monetization. We probably could have figured out monetization. Two more importantly, we had horrible retention,. Like, if you came and downloaded the app 10 days later, it was basically zero. If you watched a video, the chances that you'd watch it, five more videos that week, very low. It's just like, you're just in a river of crap, and you're not enjoying your life. And so yeah, I talk about pre-product market fit as just being in the suck.
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