How Product-Market Fit Means Different Things To Founders And To Vcs

Investors and bootstrappers have very different reactions to achieving real Product-Market Fit.

Big Funding Investors:

  • Great! You have finally happy customers and accelerating revenue.
  • You should add our rocket fuel funding to go faster and sell the company for big money to pay us back times 10 or 100!
  • You have to deliver the return on capital that we promised our investors no matter what.

Bootstrapped SaaS Founders:

  • Great! We finally have happy customers, accelerating revenue, and a very efficient business model.
  • We can grow steadily and profitably and not screw it up by going too fast with way more risk!
  • Maybe we’ll sell the business soon, raise a little money, or maybe we’ll run it for 20 years, but it’s our choice and our prize.

Same PMF. Different goals in life.

#practicalfounders

Get the weekly Practical Founders email and podcast update.

Share Practical Founders

FREE 60-PAGE EBOOK

Win the Startup Game Without VC Funding

Learn how all 75 founders on the Practical Founders Podcast created an average founder equity value of $50 million.