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How do you know you have Product Market Fit?
The elusive qualitative startup jargon strikes again. How do you know if your on the right track as a launched business?
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Dylan Merideth
Is it purely daily active users? Is it conversion? What KPIs are meaningful for this?
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Product Market Fit means that you understand your customer and the market you play in and can comfortably predict customer behavior. One good KPI is when you can repeatably acquire customers for a lower cost than what they are worth to you