Tom Lazay’s Post

You’ve heard of product-market fit. But have you heard of founder-market fit? 🧩 For Sunil Grover, Managing Partner at True Blue Partners, it’s the most important thing they look for in early-stage companies that don’t have a lot of sales—but have high growth potential. Founding teams with deep technical knowledge and domain expertise are the best bets when it comes to looking at pre-revenue assets. The only exception? A new market that’s exploding where years of experience would be impossible to have. “Then, we look at people who are straight out of school as well,” says Sunil. “Any prior knowledge, experience, or information is more a hurdle than an advantage.” Hear more about identifying high-value assets before product-market fit has been determined in this episode of Private Equity Value Creation. https://lnkd.in/ev2Fgm7r

#startupsuccessseries in collaboration with Formula VC Check out the latest success with Prelaunch.com led by Co-founder and CEO Narek Vardanyan—a platform that helps innovators test their ideas in global markets 📊 On Prelaunch.com, potential customers place small deposits on your idea, giving you instant insights into whether people would buy your product. Prelaunch.com then analyzes the results to determine your product’s market potential 🚀 Interesting right? Stay tuned for more inspiring success stories!

Blume Ventures reports are a treasure trove especially for MBA candidates & business folks! Having read the Omega Files & Indus Valley Report, you'll get an overview of growth drivers in the Indian startup ecosystem. Happy Reading :)

𝗘𝘅𝗰𝗶𝘁𝗶𝗻𝗴 𝗻𝗲𝘄𝘀: Reforge recently published our proven framework for weekly meetings. Last week, I met some brilliant founders of a SaaS company who were struggling to find Product-Market Fit (PMF). They asked for my advice, and it took me back to my days as a growth advisor at a VC fund. Over three years, I helped 70 teams tackle the same challenge using a framework designed to keep founders laser-focused on their primary hypotheses. 𝗜𝗻𝘀𝘁𝗲𝗮𝗱 𝗼𝗳 𝘀𝗽𝗿𝗲𝗮𝗱𝗶𝗻𝗴 𝗿𝗲𝘀𝗼𝘂𝗿𝗰𝗲𝘀 𝘁𝗵𝗶𝗻. This framework helps founders stay focused on their main goals: - finding the right problem to solve, - identifying the segment willing to pay, - developing an MVP that addresses the problem adequately, - and discovering the first sustainable acquisition strategy. Follow the link to get a ready-to-use template: 👉 https://lnkd.in/dVYBbn_e 𝗣.𝗦. Give me a shout if you need a how-to guide to use the tool effectively.

At Disrupt 2024, Erin and Sara Foster, along with their business partner Phil Schwarz, will take the stage to discuss their venture capital firm, Oversubscribed Ventures. The discussion will delve into several pertinent topics, including consumer investing, the importance of culture curation, and the evolving role of creators in the current market landscape. This session promises to provide valuable insights for those interested in the intersection of venture capital and contemporary consumer trends. #Disrupt2024 #VentureCapital #ConsumerInvesting #CultureCuration #CreatorsEconomy ---------------------- Learn more here: https://lnkd.in/gNk786Qq

Unlock the Future of Digital Assets with Biz Buy Right Welcome to your global marketplace for M&A opportunities in the digital realm. From cutting-edge tech startups to innovative digital platforms, we specialize in connecting you with the best assets to drive your business forward. Transform your digital strategy and discover unparalleled growth opportunities. Let’s make your next big move together! #BizBuyRight #DigitalAssets #MergersAndAcquisitions

People ask why we don’t lead Series A rounds for our portfolio companies. Simple: it would change how we work with founders. After leading the seed, we’re aligned and focused on building trust and transparency. Competing to lead the next round would shift that dynamic.

Attention Founders! Cracking the Code on Enterprise Deals . Every deal boils down to one question: “What’s in it for me?” Value Creation Explained, Crane Venture Partners’s latest Foundations Series booklet, provides a proven approach to answering that question with clarity and conviction. 📌 Learn how to map decision-makers—from User Buyers to Economic Buyers. 📊 Build trust with concrete metrics that quantify your product’s impact. 🚀 Avoid common pitfalls and focus on creating measurable, tangible value. This 72-page guide by Ben Wright and Rav Dhaliwal was the highlight of our Flight GTM Summit event—and it’s now yours 📥 Free download: https://lnkd.in/gJjQq9va Because great products don’t sell themselves.

Another successful Upfront Summit in the books. @Rob Mazzoni from Wellington's Late-Stage Growth team and @Van Jones from Wellington Access Ventures enjoyed the content, as well as the opportunity to catch up with friends in the venture capital and limited partner communities. It was clear from these conversations that LPs have renewed excitement to back new and existing managers that show clear differentiation. For VCs, the returning momentum of underlying software customer buying behavior is providing confidence that 2024 could be an improved deal environment across sectors, with AI as the clearest driver.

🌟 What a Journey It's Been! As we reflect on the growth we’ve experienced since day one, we are beyond grateful for the incredible markets we've had the privilege to serve. Each new venture has not only deepened our appreciation for our customers but also highlighted the unique trends that drive their needs. But guess what? We're just getting started! More exciting areas are on the horizon, and we can't wait to share them with you. Stay tuned—there’s much more to come! 🙌✨ #GrowthJourney #CustomerFirst #MarketTrends #StayTuned #MoreToCome