Lenny Distilled

Product-market fit is binary—you have it or you don't

Strategy → Prioritization

Defining
If you're asking whether you should pivot or not you probably know the answer already. If you have product-market fit you would not have time for this. When it's working there's no time for naval gazing.
Supporting

"Crossing the chasm" refers to Geoffrey Moore's framework where startups transition from early adopters to mainstream market acceptance.

You know you've crossed the chasm when you say, 'I don't have to raise any more venture capital. Now, I may want to because I have ambitions to be globally dominant.' But you get to raise it on your nickel and on your timeline, not on, 'Oh my God, I'm running out of money.'
With caveats

Emily Kramer is advising startups on when to hire their first marketing person, where "one" refers to a marketer.

Marketing is really good at accelerating growth and doing that scale one to many. So if you're still in the very well spoke founder led sales, founder led marketing, like I'm doing discovery with each of these potential customers and have to modify my product for them, that kind of thing. You don't need one yet.

The Missing Stamp

Every episode of Lenny's Podcast, distilled into the insights that matter and the quotes that make them stick.

LENNY WAS HERE__STAMP_DATE__

Lenny, if you're reading this, the stamp's ready when you are. 🧡🔥