← Back to context

Comment by bravesoul2

3 days ago

Wicked PMF there. Getting to 150 MMR right away is a good sign. Especially for a HN post.

how do you define PMF? I keep hearing conflicting definitions. Seems like any time someone declares they've found it, there's another who jumps in to explain why they technically haven't yet.

  • The question is really just how big of a market does this serve? You've made it to the point where anyone entering the FIRE market will likely stumble upon your product as a top recommended tool (just judging by the praise here). Maybe it can tap into the larger, but more generic, financial/retirement planning market. To me, it seems well on it's path to be a YNAB which has a high amount of word of mouth recommendations, but perhaps covers a larger market.

    • one of the nice things about being lean and bootstrapped is there's less pressure to chase the mass market.

      so we need to worry less than a venture-backed company probably would about just how far outside of the FIRE community this has a lot of appeal.

      that being said, there are certainly a lot of people who would benefit from having a long-term financial plan. here's to hoping your ynab comparison turns out to be apt!

  • To me this is a wild success story but to someone else this may be meh that isn't much.

    I think 1M ARR shows you are on to something and getting sales off the bat is a good indicator.

    Not an expert but I feel PMF is a rear view mirror thing.

    • lol so have we gone from "wicked PMF" to just being "onto something"?

      the rear-view thing sounds kinda like "you'll know it when you see it"... which I'm sure is true for some people, but idk if I would know when to declare PMF without a more precise definition.

      4 replies →