SummaryJoin us as we dive into the world of product market fit with Aaron Michael of 1984 Ventures. In this episode, we discuss the importance of finding product market fit for startups and the role venture capital plays in the process. Tune in for valuable insights and advice from a investor!Takeaways1. The key to success when starting a company is learning and iterating quickly.2. Finding product-market fit requires speed and the ability to pivot when necessary.3. VCs provide support to founders through advice, founder therapy, and assistance with hiring and fundraising.4. Investing in unsexy industries can offer unique opportunities for growth and success.5. Competition can be both beneficial and challenging, and the first mover advantage varies depending on the market dynamics.Chapters00:00 Trailer01:30 Who is Aaron Michael 04:00 How you find product market fit (Espacially for early stage)15:00 Venture capilalist Raising money criteria and Vc gives support to founder19:33 1984 Ventures' Investment Thesis25:00 The Pitfalls of Hype and investing in Unsexy Industries33:23 The Value of Competition and the First Mover Advantage38:18 How Vc's Calculating Total Addressable Market (TAM)43:44 Evolution of Pitch Decks46:30 Evaluation Method and Favorite Slides49:30 Importance of the Team54:30 Pitch Deck and Cap Table Red Flags58:30 Disagreement with Venture Capital Industry01:04:02 Three Things for First-Time Founders01:06:32 Bridge Rounds, Down Rounds, and Valuations01:09:17 Transparent and Honest Feedback01:11:37 Being Contrarian as a VC01:13:50 Ritual01:15:35 Ending Connect with Mudassir ? YouTube Channel - @prodcircleHQ ? Twitter - https://twitter.com/ProdcircleHQ? Instagram - https://instagram.com/prodcirclehq? Website - https://prodcircle.com/? Linkedin - https://www.linkedin.com/in/mudassir-mustafa/