RE: LeoThread 2025-10-01 12:20

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Agreed. The YC ARR circle jerk isn't the positive indicator many assume. That lesson was learned the hard way

leofinance
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An important milestone for every software company in Silicon Valley is closing an unaffiliated, outside-of-the-bubble, paying customer
One promising logo from a friend's company or a dozen YC companies doing a favor isn't PMF

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The first penny of happy unaffiliated repeatable revenue is the first critical milestone for a SaaS startup, as it proves that

  1. the team won’t be stuck in the Wilderness forever
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  1. the founding idea is not just a good story, there appears to be a market
  2. the team has the ability to convert promise into traction
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