Product-market fit is crucial for startup founders. Sequoia's framework presents three archetypes: 'Hair on Fire,' 'Hard Fact,' and 'Future Vision.' Each archetype represents a different approach to solving problems and meeting market needs.
Identifying whether a startup fits the 'Hair on Fire,' 'Hard Fact,' or 'Future Vision' archetype provides insights into customer mindset, competitive market status, opportunity goals, challenges, and successful examples. Jess Lee from Sequoia discussed this at TechCrunch's Early Stage event.
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