1:01:08Advice on Organizing and Running Growth Teams from Dan Hockenmaier and Gustaf Alströmer
From Y Combinator · Published Jul 22, 2019 · Watch on YouTube
TL;DR
The video covers growth team organization and strategy from Dan Hockenmaier (Basis One, ex-Thumbtack) and Gustaf Alströmer (YC, ex-Airbnb). Core conclusion: growth efforts must be built on strong product-market fit and retention; premature scaling of acquisition (especially paid) is a common mistake.
Key insights
- Nine out of ten times, growth advisors talk founders out of doing things; the power law of growth means most gains come from one channel or a handful of tactics, and early teams often chase diminishin
- Companies are often not ready for a traditional growth effort until they see cohorts where retention truly levels out (users use the product very long term). Without that, paid marketing with big burn
- A good starting point is a full-stack spreadsheet model linking acquisition, conversion, activation, retention, referral, and monetization. In such a model, a 5% increase in activation is usually much
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