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product-market fit

PROD-ukt MAR-ket FIT

ˈprɒdʌkt ˈmɑːrkɪt fɪt

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Syllable breakdown

productmarketfit

Dictionary meaning

the degree to which a product satisfies a strong market demand; the stage at which a startup has found a customer segment that loves its product and organic growth begins; described by Marc Andreessen as the only thing that matters for a startup; evidenced by high retention, strong word-of-mouth, and customers who would be very disappointed if the product disappeared

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