Stage 1: Build ($0–$1M ARR)
Overview
What This Stage Is About
- Finding product-market fit
- Getting market feedback
- Validating that customers will pay for the solution
- Design partners and early customers willing to take a flyer
- Doing things that don't scale to get deep market feedback
Typical Firmographics
- Revenue: $0–$1M ARR
- Headcount: 1–10
- Fundraising: Pre-seed / Seed
- GTM Complexity: Very low — founder-led, opportunistic
- Product Complexity: Single product, fast iteration, high change
Main Goal
Build a core set of paying customers who love the product enough to evangelize — get enough revenue to justify a fundraise or invest back into the business.