All glossary terms

Product

PLT / DEFINITION

Product-market fit

Evidence that a defined market repeatedly values and adopts a product.

Why it matters

Teams make better investment decisions when they distinguish a promising product signal from broad but shallow attention. Fit should be treated as a hypothesis supported by multiple forms of evidence.

Use it well

  • Define the market and job before measuring fit.
  • Pair usage with retention, willingness to pay, or recommendation.
  • Track the reasons users stay, not only top-line volume.

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