Source: It’s never too late to align product-market fit metrics with your company’s values
Summary
David Thacker, a general partner at Greylock, advised early-stage startups at TechCrunch’s Early Stage event to focus on three things to find product-market fit (PMF): focus, adjust and adapt. For Thacker, PMF means that some semblance of what one has built is resonating with the set of customers. Investors want to see moderate consumer usage at Series A stage, and a company must look at total addressable market size (TAM) and its product’s relation to it at Series B stage.
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💡 David Thacker advises early-stage startups to focus on three things to find product-market fit (PMF): focus, adjust and adapt.
💡 Product-market fit (PMF) is the semblance that what you’ve built is resonating with a set of customers.
💡 At Series A and onwards, investors want to see moderate consumer usage.
💡 At Series B, a company should consider total addressable market size (TAM) and where their product sits in relation to it.
Source: Hear how Cambrian BioPharma is reinventing drug (and drug company) development
Summary
Cambrian BioPharma is revolutionizing pharmaceutical companies through its unique business model. The startup offers top talent an oversized amount of equity and spins out solutions instead of keeping them in-house. At this TechCrunch Live event on May 3, the company’s co-founder James Peyer, along with Maryanna Saenko, board member and investor, will explain why the process works so well.
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Source: Blue checks reappear on Twitter if you update your bio, lmao
Summary
Users with Twitter legacy blue check marks are briefly able to update their bios and have their badges reappear without paying for them.
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Source: Vercel brings new backend tools to its frontend cloud
Summary
Vercel has launched its new backend services levelling-up with its frontend platform. The products include Redis and PostgreSQL databases, object storage services, security features, a visual editing experience for headless CMSs and Vercel spaces, all structured to enhance the Vercel’s workflow.
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Source: The ice-breaking IPO we’ve waited for might not come from the US after all
Summary
British semiconductor firm, ARM, is considering an IPO in the US that could raise up to $8bn and has the potential to encourage other companies to go public as the American tech IPO market has stalled.
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