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The NFX Podcast

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Jan 28, 2021 • 10min

The Founders' List: James Currier (General Partner at NFX) on "The Psychology of Startup Growth"

null This is The Founders' List - audio versions of essays from technology’s most important leaders, selected by the founder community. This essay was written and published by James Currier, General Partner at NFX. Read the full article here: https://www.nfx.com/post/psychology-startup-growth/
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Jan 26, 2021 • 7min

The Founders' List: Sean Ellis on "How to Determine the Optimal Price for Your Web Service" (Pricing Series)

null This is The Founders' List - audio versions of essays from technology’s most important leaders, selected by the founder community. Alongside our latest NFX Essay "The Hidden World of Pricing: Uber, Trulia, Etsy, Superhuman & More with Madhavan Ramanujam", we decided to release supplemental pricing articles on The Founders' List. Sean Ellis is an entrepreneur, angel investor, and startup advisor. He is the CEO of GrowthHackers and was previously founder and CEO of Qualaroo, an automated user research tool. He attended the University of California, Davis and graduated in 1994. "An optimal price allows the startup to grow at the fastest possible rate by maximizing profitable investments in customer acquisition programs and/or offering a free version to drive broad user adoption." Sean's featured article in this episode:- How to Determine the Optimal Price for Your Web Service Read the full NFX pricing essay here - https://www.nfx.com/post/the-hidden-world-of-pricing/
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Jan 26, 2021 • 10min

The Founders' List: Ash Maurya on "My Experiments in Lean Pricing" (Pricing Series)

null This is The Founders' List - audio versions of essays from technology’s most important leaders, selected by the founder community. Alongside our latest NFX Essay "The Hidden World of Pricing: Uber, Trulia, Etsy, Superhuman & More with Madhavan Ramanujam", we decided to release supplemental pricing articles on The Founders' List. Ash Maurya is the author of Running Lean and the creator of the one-page business modelling tool Lean Canvas. His posts and advice have been featured in Inc., Forbes, and Fortune. He regularly hosts sold out workshops around the world and serves as a mentor to several accelerators including TechStars, MaRS, and Capital Factory. He serves on the advisory board of a number of startups and has consulted to new and established companies. Author, creator of Lean Canvas, and founder of LEANSTACK. Ash's featured article in this episode:- My Experiments in Lean Pricing Read the full NFX pricing essay here - https://www.nfx.com/post/the-hidden-world-of-pricing/
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Jan 26, 2021 • 10min

The Founders' List: David Skok on "Scalable Pricing A Key Tool For SaaS Success" (Pricing Series)

null This is The Founders' List - audio versions of essays from technology’s most important leaders, selected by the founder community. Alongside our latest NFX Essay "The Hidden World of Pricing: Uber, Trulia, Etsy, Superhuman & More with Madhavan Ramanujam", we decided to release multiple supplemental pricing articles on The Founders' List. David Skok joined Matrix Partners as a General Partner in May 2001. He has a wealth of experience running companies. David started his first company in 1977 at age 22. Since then David has founded a total of four separate companies and performed one turn-around. Three of these companies went public. This post looks at how to create scalable pricing using multiple pricing axes, and discusses the different types of axes that can be used. David's featured article in this episode:- Scalable Pricing: A Key Tool For SaaS Success Read the full NFX pricing essay here - https://www.nfx.com/post/the-hidden-world-of-pricing/
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Jan 26, 2021 • 8min

The Founders' List: Tomasz Tunguz on "Ten Years Worth of Learnings About Pricing" & "There are Only 3 Pricing Strategies for You

null This is The Founders' List - audio versions of essays from technology’s most important leaders, selected by the founder community. Alongside our latest NFX Essay "The Hidden World of Pricing: Uber, Trulia, Etsy, Superhuman & More with Madhavan Ramanujam", we decided to release multiple supplemental pricing articles on The Founders' List. This is a two-part episode including two essays from Tomasz Tunguz (Venture Capitalist at Redpoint). He is also a board member of Looker, ERPLY, Electric imp, inc., AxialMarket, Quantifind, Expensify, and more. Prior to joining Redpoint, Tomasz was the product manager for Google's social media monetization team, including the Google-MySpace partnership. Tomasz's featured articles in this episode:- Ten Years Worth of Learnings About Pricing- There are Only 3 Pricing Strategies for Your Startup Read the full NFX pricing essay here - https://www.nfx.com/post/the-hidden-world-of-pricing/
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Jan 25, 2021 • 42min

The Pricing Masterclass with Madhavan Ramanujam & Pete Flint

null Madhavan Ramanujam is a legendary “pricing whisperer” among tech unicorns including Trulia, Etsy, Uber, Amazon, Evernote, and more. He is the author of 'Monetizing Innovation' and a partner at Simon-Kucher. Today, Madhavan and Pete (General Partner at NFX) are sharing the frameworks, tactics, and hidden truths Founders need to know about pricing - and how, when done correctly, it can dramatically lever-up growth. Madhavan and Pete discuss topics in the pricing world like how: - Pricing is a blindspot for startups.- How to Test Willingness-to-Pay- Acceptable, Expensive, or Prohibitively Expensive?- How To Think About Pricing During Extreme Swings- What to do when customer demand is spiking- What to do when you are losing demand- Think creatively about value and market share in a downturn- How You Charge > How Much You Charge- Five Monetization Models That Work, Time And Time Again- Subscription- Dynamic Pricing- Market-Based Pricing- Freemium- Why 72% of Attempts to Monetize Innovation Fail- The 4 Ways Your Monetization Fails- Feature Shock- Minivation- Hidden Gems- Undead- Frameworks for Avoiding Monetizing Innovation Failures- P.S. Pricing Principles Applied to Life Madhavan also walks us through some never before heard pricing case studies on companies he's worked with like:- Etsy- Uber- Amazon- Evernote
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Jan 21, 2021 • 14min

The Founders’ List: The Bitcoin White Paper by Satoshi Nakamoto

null This is The Founders' List - audio versions of essays from technology’s most important leaders, selected by the founder community. Originally written under the pseudonym Satoshi Nakamoto, Bitcoin’s original white paper titled 'Bitcoin: A Peer-to-Peer Electronic Cash System' was released over 12 years ago. Considered the most seminal piece of work in the cryptocurrency movement, the Bitcoin White Paper outlines blockchain technology and the entire decentralized revolution. The content of this 9-page document incited what can only be described as a revolution in the world of fintech. More relevantly, Bitcoin’s white paper laid out an inspiring new definition of money at a time when faith in the traditional financial system was still being salvaged. Satoshi launched the first Bitcoin client in early 2009 and then handed the project off to the community in 2010, where it has since thrived as the open-source of study, work, and fascination for millions across the globe. Today we bring this infamous memo to The Founders' List so you have a chance to listen to his original outline of such a world-changing idea. Examining the white paper origins is a great exercise in understanding why Bitcoin has the influence it has in today's world. Satoshi Nakamoto’s blueprint is the official “birth certificate” of Bitcoin. Read the white paper here - https://bitcoin.org/bitcoin.pdf
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Jan 14, 2021 • 15min

The Founders’ List: ‘The HP Way’ Speech by Dave Packard to Management (1960)

null This is The Founders’ List – audio versions of essays from technology’s most important leaders, selected by the founder community. In 1960, David Packard gave an informal speech to the managers at HP that wasn’t intended for the public to hear. The speech resurfaced during the merger talks between Hewlett-Packard and Compaq. Packard addressed the overarching question of 'why HP exists' and shares insights on how to manage effectively, financial responsibility, and much more for someone to absorb and have a successful career. You can find his speech in the book, 'The HP Way: How Bill Hewlett and I Built Our Company'.
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Jan 12, 2021 • 48min

Jeff Lawson on Ask Your Developer, with Pete Flint

null Jeff Lawson, software developer turned CEO of Twilio, creates a new playbook for unleashing the full potential of software developers in any organization, showing how to help management utilize this coveted and valuable workforce to enable growth, solve a wide range of business problems, and drive digital transformation. General Partner at NFX Pete Flint talks with Jeff about his new book, his Twilio Founder Journey, running a public company through a recession, decision frameworks, and much more. Jeff's new book is released on Tuesday, January 12th and discusses how to use the creativity of code to solve business problems. Developers are the creative workforce who can solve major business problems and create hit products for customers — not just grind through rote tasks. The landscape has shifted from the classic build vs. buy question to one of build vs. die. Companies have to get this right to survive. But how do they make this transition? Read more about Jeff's book here - https://www.askyourdeveloper.com/Follow Jeff on Twitter here - https://twitter.com/jeffiel
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Jan 11, 2021 • 36min

The Great Unbundling Of Housing & Jobs, with Jed Kolko and Pete Flint

null Few people can see what Jed sees about the relationship between real estate and labor markets and the downstream effects of their recent untethering. And, ultimately, what this means for startup life after the pandemic. Now, and in the years to come, Founders will need to design their startup teams in all-new ways. Today is the beginning of building a new playbook for startup life. NFX General Partner Pete Flint talks with Jed to uncover this unbundling, covering key shifts like:- Unemployment Kickstarting Dislocation- The Continued Unbundling Of Where You Live And Where You Work- Commercial Real Estate, Reimagined- The Transportation Spiral- Cities Changing From Centers of Production to Destinations of Consumption- & New Considerations For Where To Live Jed is currently the Chief Economist at Indeed, the world’s largest online jobs site. Previously he was Chief Economist and VP of Analytics at Trulia, the online real estate site. Follow Jed on Twitter here - https://twitter.com/JedKolko

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