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Sequoia’s Jess Lee explains how early-stage startups can identify product-market fit


Lee, a specialist in early-stage investing, explains how Sequioa approaches identifying product-market fit for its startups through three archetypes.

A security startup, for example, might fit here, especially if it can win initial business on the back of parachuting in to fix a breach or other problem already in progress. Sequoia partner Jess Lee, a specialist in early-stage investing, gave a big talk on the concept at TechCrunch’s Early Stage event in Boston in April. For deep tech and moonshots — two common kinds of startups found in the “Future Vision” category — fundraising “was easier in a zero-interest-rate period when there was a ton of capital flowing in,” Lee said.

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