The Twenty Minute VC (20VC): Venture Capital | Startup Funding | The Pitch

20VC The Memo: Inside the Growth Engines of Facebook, Twitter, Instagram and Instacart with the Growth Leaders Who Built Them; How Instagram Went from 440M to 1BN, How Twitter Changing Their Signup Flow was a Needlemover and How Removing Card Payment Requ

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Mar 25, 2022
Dive into the growth secrets behind giants like Facebook and Instagram! Learn how Instagram skyrocketed from 440M to over 1B users in just 2.5 years. Discover the strategic shifts at Twitter that made signing up easier. Hear firsthand accounts of balancing data with gut instincts to fuel growth. Explore the importance of building strong growth models and the need for collaboration among founders. Plus, get insights on navigating equity management for startups and personal development in the fast-paced tech world.
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ADVICE

Growth's Core Function

  • Focus on connecting people to existing value created by the product or service.
  • Growth teams excel at simplifying value discovery and targeted user acquisition.
ANECDOTE

Data-Driven Decisions

  • Casey Winters' initial growth experiments at GrubHub and Pinterest, based on past experiences, failed.
  • Data-driven decisions are crucial, as evidenced by a strategic shift at Pinterest regarding user acquisition.
ADVICE

Key Growth Takeaways

  • Structure growth teams around a North Star metric for alignment and focus.
  • Prioritize internationalization and emphasize retention/engagement over acquisition as your company scales.
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