Short excerpt from a Jason M. Lemkin YouTube video arguing that once a startup reaches product–market fit (PMF), team dynamics become the decisive factor for growth: strong teams accelerate success while weak teams decelerate it. The clip also notes that before PMF founders matter most, boards rarely add recruiting value but can reliably judge executive performance.
But I literally said whenever that whenever we came maybe it was 8 or 10 million or whatever. But when the closed session get that's the first thing I said is that Kyle's really coming into his own. But that's what you talk about because at some point, you know, all that matters is the team. Once you have product market fit, it's actually all that matters before product market fit, it's just the founders. Right. And then you have product market fit and you can talk about even competition doesn't matter because the best teams will out accelerate the competition and the mediocre teams will fall behind. Yeah. You don't even have to talk about competition. You don't even have to talk about market dynamics. Nothing really matters after product market fit than the team. Right. You'll either accelerate product market fit or decelerate rate. And whether the board can add value recruiting, they generally can't. But I do think 90% of board members know if an executive is performing above or below the line. And that's what you talk about. Yeah. Okay.
