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Michael Seibel

02/16/24

@ Y Combinator

Making a startup work is a miracle, and achieving product-market fit is a significant accomplishment that should be the primary focus, rather than spreading innovation too thin across multiple areas.

Video

Stop Innovating (On The Wrong Things)

@ Y Combinator

Stop Innovating (On The Wrong Things)

02/16/24

Related Takeaways

Todd Jackson

04/11/24

@ Lenny's Podcast

Finding product-market fit is the single most important thing that your startup does in the first three years, yet it's often underexplored and underexplained.

Y Combinator Cast

05/31/24

@ Y Combinator

Founders should adopt a mindset where no task is beneath them, focusing solely on achieving product-market fit and serving customers effectively.

Y Combinator Cast

02/13/25

@ Y Combinator

The primary goal for early-stage startups should be to find product-market fit, and spending should be minimized until that is achieved.

Elad Gil

10/18/18

@ Y Combinator

Product market fit is the singular thing that truly matters for a startup's success.

Geoff Ralston

12/15/20

@ Y Combinator

Startups should focus on achieving product-market fit and ensure they have sufficient runway, rather than getting distracted by macroeconomic trends.

Michael Seibel

05/07/22

@ Y Combinator

Before thriving, a startup must first survive, and sometimes achieving product-market fit takes longer than expected, requiring patience and strategic adjustments.

Gustaf Alstromer

09/12/18

@ Y Combinator

Companies should focus on growth only after achieving product-market fit; otherwise, they risk wasting resources.

Geoff Ralston

12/15/20

@ Y Combinator

It's crucial for startups to think harder about achieving product-market fit and to be honest about whether they have it, especially in uncertain economic times.

Elad Gil

10/18/18

@ Y Combinator

Every startup needs at least one miracle to succeed, as they often operate in non-obvious markets that require overcoming significant obstacles.