RE: LeoThread 2025-10-01 12:20

[chammy]

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

Comments

[chammy]

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

[chammy]

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

[chammy]

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