Marc Andreessen: product vs business

We don’t believe there’s a tension between product and business, we believe there’s a staging, which is in this [the tech] industry you don’t have a business until you have a product. And in particular, you don’t have a business until you have a product that a lot of people want. We have this concept, we use the term “product-market fit,” which is basically you have a product that the market wants and you can tell because the market is pulling the product. And until you have that, time spent building a business around the product is pointless, because it’s not going to go anywhere.

When you have product-market fit, then you build a company around it.

Marc Andreessen – Interview with Business Insider

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