The Pmarca Guide to Startups, Part 4¶
Andreessen, M. (2019). The Pmarca Guide to Startups, Part 4: The only thing that matters.
Cited by¶
2 citations across 2 artifacts.
Each citation links to the sentence it supports in the citing article.
Domain-specific¶
- Founder-Market Fit
- and partners run the four-component read on applicants to decide whom to admit. Founder selection and co-founder recruitment — used to decide which co-founder a chosen market demands, reading each component gap as closeable (insight via discovery, credibility via an advisor, network via hires) or structural (motivation, importable from nowhere). Market-choice and pivot decisions — applied with the founder held fixed and the market varied as the lever, favoring markets where insight, credibility, and network already exist or are cheaply acquirable over those demanding all four learned cold. The three-axis early-stage risk model — embedded as one coordinate (with founder-product and product-market fit) in the venture and accelerator literature's standard decomposition of early-venture risk
This sourceThe canonical practitioner decomposition of early-venture risk into team, product and market -- and the argument that market dominates.
Supported in partVerified against a saved copy of the source
“there is an incredibly wide divergence of caliber and quality for the three core elements of each startup—team, product, and market.”
- and partners run the four-component read on applicants to decide whom to admit. Founder selection and co-founder recruitment — used to decide which co-founder a chosen market demands, reading each component gap as closeable (insight via discovery, credibility via an advisor, network via hires) or structural (motivation, importable from nowhere). Market-choice and pivot decisions — applied with the founder held fixed and the market varied as the lever, favoring markets where insight, credibility, and network already exist or are cheaply acquirable over those demanding all four learned cold. The three-axis early-stage risk model — embedded as one coordinate (with founder-product and product-market fit) in the venture and accelerator literature's standard decomposition of early-venture risk
- Product-Market Fit
- Marc Andreessen's 2007 essay "The Only Thing That Matters" is the reference formulation: product-market fit is "being in a good market with a product that can satisfy that market," and you can always feel it — customers buy as fast as you can make the product, usage grows as fast as you can add servers, and money piles up
Supported in partVerified against a saved copy of the source
“the most cited description comes from this passage in Marc Andreessen's 2007 blog post”
- Marc Andreessen's 2007 essay "The Only Thing That Matters" is the reference formulation: product-market fit is "being in a good market with a product that can satisfy that market," and you can always feel it — customers buy as fast as you can make the product, usage grows as fast as you can add servers, and money piles up
Verification¶
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Does it back the claim? Read against the text for 2 of 2 citations: 2 supported in part. Each verdict is shown under its citation below, with what in the work backs the sentence.
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