The Pmarca Guide to Startups: product/market fit

[garbowza]

http://pmarca-archive.posterous.com/the-pmarca-guide-to-startups-part-4-the-only

[ghshephard]

Thanks, now I have to see if he's actually quoting my Brother or if there is another "Tim Shephard" out there. :-)

"Finally, to quote Tim Shephard: "A great team is a team that will always beat a mediocre team, given the same market and product.""

[adamt]

I think this is one of the single most valuable lessons any startup can learn. Having been a founder of 3 or 4 startups, and learnt from successes and also from failures, I cannot emphasise enough how important product/market fit and timing is.

Incidentally - this comes from a blog post he actually wrote some time ago that's been republished.