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Published · transcript-backed

Todd Jackson: belief

11 Apr 2024 Lenny's Podcast A framework for finding product-market fit | Todd Jackson (First Round Capital)

“I think if you told many, many pre-seed founders that they'd be able to get to 100 million and not know whether they had product-market fit, they'd probably take that.”

— Todd Jackson

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Everything needed to verify it.

Speaker
Todd Jackson
Attribution
Verified speaker
Claim type
belief
Recorded
11 Apr 2024
Publisher
Lenny's Podcast

Transcript context

…Yeah. Actually, another quote from Ali Ghodsi from Databricks actually said even at 100 million, he wasn't sure they had product-market fit. I mean, come on. Because he's like, "I don't know." I don't know. He felt like, "This is it. Okay, we're done. We're going to cap out here." And I get that. I think if you told many, many pre-seed founders that they'd be able to get to 100 million and not know whether they had product-market fit, they'd probably take that. But I think that's maybe an interesting insight. It's often good to be really paranoid and not feel like, "Okay, we're on our way. Let's start pouring in money. Let's do it."…

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