[mgav]

"The uncomfortable conclusion most angels do not say out loud: a large percentage of seed-funded PMF is not PMF but FMF (founder-market fit) combined with enough early customer goodwill to produce metrics that clear the bar. The product may be fine, the founder is exceptional but the pull is not there.

This could still be fundable at seed. The bet is that the product catches up to the founder before the founder burns out carrying it."