42% of startups fail to reach Product-Market Fit (PMF).
This is not just a stat, it’s a stark reminder of how hard it is to turn a great idea into a thriving business.
What makes the difference? Perseverance, sure, but grit alone isn’t enough.
The fastest-growing startups crack the PMF code by relentlessly listening to their customers, iterating quickly, and staying laser-focused on solving real pain points.
Take Linktree: 0 to $49M ARR by making it easier for creators to connect with their audience. Or Wiz, hitting $100M ARR in 18 months by tackling security challenges at hyperscale.
PMF isn’t just about perseverance, it’s about learning faster than your competitors.
So, here’s the question every founder should ask themselves: Are you building what your customers actually need, or what you think they need?
If you’re still searching for PMF, let these stories inspire you to keep iterating, listening, and learning. The path may be hard, but the rewards are worth it.
Reposting for anyone on the journey to PMF, check it out!
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👩💻Sharing insights from my journey as a startup operator and business geek.
🏆Helping startups get one step closer to their vision.
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42% of Startups fail to get to product market fit and die.
Still most companies take over 1,5 year to get to PMF, so is it a game of perseverance?
How some of the fastest growing startups found product market fit:
Perplexity AI:https://lnkd.in/dzRXWYw3
Linktree (from 0 to $37M ARR):https://lnkd.in/dET-g-Gd
Wiz ($100M ARR in 18 months):https://lnkd.in/dyHk2Pda
HeyGen, Lemlist & Canny:https://lnkd.in/dYNayi59
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Credit: Guillermo Flor. Visuals by Lenny Rachitsky
🚀 Chief Business Development Officer | 🌐 Web 3.0 Innovator | 💡 Blockchain Expert | 🧑💼 Entrepreneur | 🔄 Agile Project Leader
2moSolid insights on market cycles. Building sustainable products in challenging times often leads to stronger foundations. What's your take? 🚀 #StartupGrowth