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The Twenty Minute VC (20VC): Venture Capital | Startup Funding | The Pitch cover image

20Product: Sequoia's Product-Market Fit Framework | Why the Best Product People Actually Build Less Product | Metrics 101, Good vs Great Product Strategy and more with Vickie Peng, Product Partner @ Sequoia Capital

The Twenty Minute VC (20VC): Venture Capital | Startup Funding | The Pitch

NOTE

Measure Progress for Clarity and Direction

A mission statement should inspire and clarify goals for a team, while a metric quantifies that aspiration. At any given moment, a single key metric serves as the best indicator of progress towards objectives. This essential benchmark may evolve over time. For early-stage companies, particularly before achieving product-market fit, it's advisable to focus on a customer happiness metric that reflects direct actions within the product rather than relying on generalized metrics like NPS.

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