(2011-05-25) Chen Product Market Fit Roadmap
Andrew Chen will be blogging to fill out this Road Map toward Product Market Fit. He's focusing on the B2C category, and has some interesting thinking: the intention is to create a scalable startup that is going after a huge market, and generate huge returns for venture capital investors... the goal is to get to P/M fit in shortest time possible, deferring everything else (monetization)... base it off something that’s already big and already working... figure out the options for competitive differentiation... ideal goal: simple product with fundamentally different core design intention for large pre-existing market... bonus points for baked-in distribution, monetization, etc. but don’t let this lead the idea!!!... usually one killer feature (not a bunch of features) Sounds like the Start Up Lottery game.
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