Merci Grace has been a founder, an investor (at Lightspeed Ventures), head of product and growth (at Slack), and is now a founder again (Panobi). She’s also one of the co-founders of Women in Product, and Fast Company named her one of the Most Creative People in 2017.

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Thank you to our wonderful sponsors for making this episode possible:

• Dovetail: https://dovetailapp.com/lenny

• Mixpanel: https://mixpanel.com/startups

• Whimsical: https://whimsical.com/lenny

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In this episode, we cover:

[3:41] Merci’s path to Head of Product and Growth at Slack

[4:42] What Merci learned from being a VC that helps her be a better founder

[6:50] How to tell a compelling story

[9:43] What most people don’t know about Slack

[10:27] Why Slack hasn’t created a consumer/social product

[15:14] How Slack innovated the PLG motion

[17:14] Slack’s early growth strategy

[19:57] Slack’s activation point

[22:10] Why it’s important to find connectors within a company

[26:40] Lessons from optimizing Slack’s onboarding flow

[32:12] Most common mistakes in going PLG

[35:56] Signs you can go PLG

[38:10] PLG vs. bottom-up

[40:23] Importance of day-zero value in your tool

[42:17] When to bring in your first salesperson

[44:47] How to hire amazing people

[50:21] Storytelling and Slack’s culture

[51:04] How and when to build a growth team

[52:08] How to build a more diverse team

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Where to find Merci:

• Panobi: https://panobi.com/

• LinkedIn: https://www.linkedin.com/in/merci/

• Twitter: https://twitter.com/merci

• Website: https://mercigrace.co/

• Women in Product: https://www.womenpm.org/