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5 Steps to Embrace Test-Driven Learning to find Product Market Pull (PMP)

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4.22.2021

Peter Denton

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Over the past 4 years, I have been fortunate enough to test nearly 250 ideas at Pioneer Square Labs. Almost every single one of the 25 spinouts went on to become venture-backed companies and the other 225 were killed. ( You can read more about how we kill ideas here). That means that 90% of the ideas we tested were killed. You would think a 90% failure rate would be a bad thing, but it’s actually what I’m most proud of.