Strategy
Founder-Market Fit
Every investor wants team, problem, market and model. Lin narrows the set with one question: why does this founder fit this market?
for me I've always looked for founder market fit
Sequoia Capital partner, former COO and CFO of Zappos
Fundraising
Strategy
Every investor wants team, problem, market and model. Lin narrows the set with one question: why does this founder fit this market?
for me I've always looked for founder market fit
Alfred Lin
narrows the standard team, problem, market and model checklist with founder-market fit, and puts a founder's willingness to outlast everybody else above the idea. He asks how big a market can become, not how big it is today.
uses customer calls only to confirm numbers he already likes: a SaaS company at $1M ARR growing about 10% a month with low churn, and for enterprise software a net revenue retention above 110%, or he does not invest.
From Founder-Market Fit