Michael Seibel is a partner and the CEO of YC. He cofounded Justin.tv, which was in the winter 2007 batch and Socialcam, which was in the winter 2012 batch. https://twitter.com/mwseibel
In this video Michael comments on his essay The Real Product Market Fit https://blog.ycombinator.com/the-real-product-market-fit/
The YC podcast is hosted by Craig Cannon – https://twitter.com/craigcannon
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Topics
00:00 – The Real Product Market Fit
1:00 – Why do many founders think they have product market fit when they don’t?
5:45 – Building a successful company is not a single variable problem
7:30 – Socialcam didn’t hit product market fit
8:40 – Justin.tv had $1M in profit before reaching product market fit
12:30 – Some companies take a long time