Investor who reviewed ~100,000 startups breaks down what product-market fit really means

dunkhippo33 · x · 2026-10-04

Investor dunkhippo33 draws on a failed startup of his own plus 1,000 investments and 100,000 companies reviewed to unpack what product-market fit actually is, with stage-based expectations: seed proves demand and early retention; Series A requires acquiring customers that fit the unit economics; Series B and beyond needs all three stages working, typically proven out with millions in revenue.

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