

E114: How Apollo Plans to Grow From $150M to $1B+ in ARR
42 snips Jun 22, 2025
Tim Zheng, co-founder and CEO of Apollo, shares his journey transforming the company from a struggling sales-led model to a thriving product-led growth powerhouse. He reveals how lowering the price to $99/month skyrocketed revenue to over $150M. Zheng discusses the significant role of AI, with over 50% of Apollo's code driven by it, and the importance of finding executive talent as they scale. He also looks ahead to breaking the elusive billion-dollar barrier, highlighting the challenges and opportunities in today’s competitive tech landscape.
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Winners Take More Market Share
- Market dynamics increasingly favor outsized winners taking most benefits.
- Macro trends create wide disparity between top and average performers' success.
Mix Startup and PLG Approaches
- Combine startup-style customer intimacy with PLG optimization.
- Use design partners for discovery and growth teams for funnel optimization.
Apollo's Pricing Pivot Story
- Apollo initially had a 10K ACV with a sales-led model that was unscalable due to high CAC.
- They pivoted to a $99/month product and PLG model, improving economics dramatically.