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DEFINITIONProduct

Product-Market Fit

PMF

The state where a defined group of people want your product enough that keeping up with them becomes the problem. Before it you push; after it the market pulls.

EXAMPLE

Users return without being prompted, complain when the product is down, and tell colleagues unprompted — and the cohort retention curve flattens instead of descending to zero.

WHY IT MATTERS

It's the line that decides what to work on. Before it, change the product; after it, remove the bottlenecks. Scaling spend or hiring before it makes being wrong far more expensive.

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