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How Zapier Became Profitable in 3 years and Scaled to $5B with Wade Foster

Dec 10, 2024
Wade Foster, co-founder of Zapier, known for his expertise in product-led growth, shares insights on transforming Zapier into a $5 billion powerhouse. He discusses their innovative customer acquisition tactics that emphasized community engagement and direct feedback. Foster reveals how embracing a quirky brand identity set them apart in a competitive market. Additionally, he delves into their iterative approach to product development and the significance of early customer interactions in achieving profitability within three years.
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ANECDOTE

Zapier's Origin

  • Zapier originated as a side project during Fall 2011 when Wade and his co-founders worked at Veterans United.
  • Initially, they explored various entrepreneurial ideas before focusing on building integrations.
ANECDOTE

Y Combinator Journey

  • Zapier was initially rejected by Y Combinator but got accepted six months later after significant progress.
  • This acceptance prompted their move from Missouri to California.
ANECDOTE

Finding Early Customers

  • Early Zapier customers came from community forums where people requested integrations.
  • Wade would offer his solution to users seeking specific integrations, like Andrew Warner who needed Wufu and Aweber integrated.
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