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067 - Be a Gardener, not a Builder - Platforms, Ecosystems, and Complexity, with Alex Komoroske

Nearbound Podcast

Doing Experimental Things (With a Product or Team) Requires Achieving Existing Product Market Fit

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Building a broad platform to observe user behavior requires the ability to survive for a long time with effectively infinite runway. Without product market fit, this method only works if the business can survive for the long term. It's important to have product market fit in one area before expanding the platform. A platform that has nailing product market fit in one area gives permission to broaden and explore other possibilities. Ideally, the ecosystem should do surprising things, but compounding growth dominates linear growth over time. People care about status, belonging, and being cool, which can influence their choice of community or platform.

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