Andy Rachleff on SVB, how to evaluate VCs, market pull indicators, Wealthfront, and more | E1699
This Week in Startups
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How Do You Know if You Have Product Market Fit?
If you don't have a great product, that solves those problems. That is something you bring up over and over. You cannot go after electric vehicle, the electric vehicle market or the housing market or the transportation market. If there's a good enough alternative from the incumbents, most consumers are going to buy the good enough alternative because it's less risky. To me, delight is the greatest form of virality. And I've been teaching a course on it for 15 years. So it's my great passion.
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