A Product Market Fit Show | Startup Podcast for Founders

How his $2B startup grew to $10M+ ARR with zero marketing. | Avery Pennarun, Founder of Tailscale

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Jun 9, 2025
Avery Pennarun, founder of Tailscale, turned a small project into a $2B success, raising $160M without chasing investors. He shares how Tailscale achieved over $10M in ARR purely through word-of-mouth, emphasizing the power of solving small, everyday developer issues. Avery discusses the counterintuitive advantages of failure with early users and how the pandemic unexpectedly fueled their growth. Expect practical insights on navigating startup decisions and the pivotal role of understanding customer needs for product-market fit.
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INSIGHT

Tech Complexity Kills Simplicity

  • Modern tech makes building simple apps unnecessarily complex and costly.
  • Previously, tools like Microsoft Access enabled non-technical users to build apps quickly and easily.
ANECDOTE

Bank VPN Anecdote

  • A bank CEO requested a secure solution for a Windows banking app lacking two-factor authentication.
  • Avery built a custom VPN that integrated 2FA, saving the bank millions without replacing its core system.
ANECDOTE

Hacker News Bootstrapped Growth

  • A blog post about TailScale went viral on Hacker News, attracting hundreds of potential users.
  • Avery personally handled sign-ups and manual access, building direct relationships with early users.
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