

Growth in Turbulent Times
May 15, 2020
Join Andrew Chen, a general partner at a16z and former growth lead at Uber, alongside Brian Balfour, CEO of Reforge and ex-VP of Growth at HubSpot. They dive into how companies can reassess their growth strategies post-pandemic. Discover key metrics to track for adaptation and tactics for thriving through uncertainty. They discuss optimizing consumer journeys and adapting to changing behaviors while balancing growth needs against cutbacks. Plus, a look at how the entrepreneurial landscape has shifted since the 2008 crisis, pointing to new opportunities for startups.
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Growth Model Definition
- A growth model describes how user cohorts lead to new users, encompassing acquisition and product actions.
- It involves hypotheses about who, what, and why users engage, translating into numerical models.
Yelp vs. LinkedIn Growth Models
- Yelp's growth model involves users searching, leaving reviews, and those reviews driving more users via Google.
- LinkedIn's model focuses on users inviting colleagues, showcasing different growth loop types.
Talk to Your Customers
- Founders must talk to customers directly, multiple times daily, to gain proactive insights.
- Direct customer interaction provides crucial, real-time feedback that data might reveal too late.