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Ask HN: My company went bankrupt today and I have 2 options

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Re: Ask HN: My company went bankrupt today and I have 2 options

#91
> because I wanted to be the decision maker on the technology and business issues that I developed with my own team and I wanted to do great things together with my team.

Why if you have no experience ? I never understood that. You have 5y of experience, which isn't a lot, in small start ups. And you want to be a decision maker ?

I would course correct to try to work in bigger companies and learn, instead of dictate.

Re: Ask HN: My company went bankrupt today and I have 2 options

#93
post #32

Earlier quoted context omitted.

It’s always product market fit. If the product is right it will find users.

Nah, that's not the right answer. It puts focus on the product rather than the founders. You do NOT need PMF to get 1-5 sales. If you can't even get there, it's bigger problems. PMF is needed to turn 2k MRR into 50k MRR. In my case, it heavily stemmed from our inability to do sales (at all). We had feedback early about how this was an $XXXXX product (and we were in sales process for that) and it put blinders on us. W…

> Nah, that's not the right answer. It puts focus on the product rather than the founders. You do NOT need PMF to get 1-5 sales. If you can't even get there, it's bigger problems. PMF is needed to turn 2k MRR into 50k MRR.

It really depends on the product/market. I've worked in a startup with a competent founder who was great at sales, and which nevertheless, after 2 years, went bankrupt without making a single sale. Our product was targeting enterprises in a specific niche - there were perhaps 10-20 or so potential customers worldwide. Making even a single sale would've been huge.

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