Jeff Morris Jr.
@jmj
What’s the most compelling data you share w/ friends as to why crypto has product market fit? I’ve compiled some easy data but curious what you say: $100b+ of stablecoins circulating in system Trillions of $’s of economic activity 70% Stanford CS grads want to go intro crypto
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derek
@derek
It doesn’t. Unless you’re defining crypto solely in financial terms. In which case, it’s a seed stage startup at best. Early signs, for sure. But still not-quite-PMF.
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Jeff Morris Jr.
@jmj
Given the size of venture funds, capital invested into the ecosystem, and maturity of crypto as a whole (Bitcoin is 14 years old) - there should be enough data. I’d argue we’ve found PMF or Crypto Market Fit as I’m calling it.
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derek
@derek
If the product is investable companies in a hot category and the market is VCs, then 100%. If the product is bankless finance and the market are financial actors, then we’re close. If the product is DeSo or identity and the market is the general public, then it’s way too early.
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