Growth Unhinged

Growth Unhinged

Technology, Information and Internet

Boston, MA 2,754 followers

Exploring the unexpected behind the fastest-growing SaaS startups. Delivered every week.

About us

Growth Unhinged—an unorthodox take on how to grow even faster Every week, Kyle Poyar takes a closer look at the playbooks behind the fastest growing startups. Expect in-depth case studies and deep dive takes on product-led growth (PLG), pricing, go-to-market strategy, and much more. “Probably the best resource out there on the art and science of product-led growth.” - CJ Gustafson, Mostly metrics “Fantastic strategies and learnings on growth.” - Zachary DeWitt, Notorious PLG “All things PLG & pricing for enterprise software is here.” - Shomik Ghosh, Software Snack Bites

Website
https://www.growthunhinged.com/
Industry
Technology, Information and Internet
Company size
1 employee
Headquarters
Boston, MA
Type
Privately Held
Founded
2021

Locations

Employees at Growth Unhinged

Updates

  • Growth Unhinged reposted this

    View profile for Kyle Poyar, graphic

    Operating Partner @ OpenView | Growth Unhinged 🚀

    Anyone else remember when this was the “state of the art” GTM tech stack? 🙋♂️ Things have, well, changed. And not always for the better. The sad reality is that our dated and bloated GTM tech stacks hold us back from executing GTM plays with confidence. GTM tech is acutely painful for modern software businesses combining PLG, sales-assist, and scaled/AI-enabled outbound motions. But I probably don’t need to tell YOU that… Thankfully there are folks like Austin Hay (Ramp, Runway, mParticle, Branch, Clarify) who teaches THE MarTech course at Reforge. Austin joined Growth Unhinged to share his framework on how to build a stage appropriate tech stack that lasts. Full post: https://lnkd.in/eweGNcuU PS - don’t miss the stack diagrams from companies like Thena, Postmates, and Ramp 👌 #marketing #martech

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    2,754 followers

    🆕 milestone: 5️⃣0️⃣,0️⃣0️⃣0️⃣ Go behind the scenes into the Growth Unhinged growth journey ⤵️

    View profile for Kyle Poyar, graphic

    Operating Partner @ OpenView | Growth Unhinged 🚀

    This week I'm celebrating a big milestone: 50,000 subscribers 😲🎉🥹 Growth Unhinged certainly isn't the biggest tech/B2B newsletter, but I’m proud of what it's become and the community of people I’ve met along the way. Here's how I grew Growth Unhinged — 7 surprising learnings from writing 120+ editions for more than 3 years. (Don’t worry, I’m bringing data 🤓) 1. Consistent quality > viral hits - Singles & doubles generated 55% of new subscribers - One-third of posts are still 'strikeouts' (ouch) 2. It’s not about big name brands - Readers like two things (a) when I bring a fresh perspective or original data not available elsewhere (shoutout: Palle Broe), (b) when domain experts get tactical at the thing they're great at (shoutouts: Anthony Pierri 🎸, Tom Orbach, Kate Syuma) 3. I neglected SEO for way too long  - In the first few years search only generated ~2-5% of new subs - Now it's up to ~10%+. Small tweaks made a big difference 4. Bylines were… fine?  - I've written 12+ bylines for other publications. They generally didn't move the needle with one (big) exception 5. Substack recommendations can be a false signal  - This feature accounts for ~50% of new subs, but these readers are far less engaged than others - It’s a wakeup call that chasing growth hacks can distract from building a highly engaged community 6. Word-of-mouth is hard to rely on - What helped: launching a referral program (~3% of new subs), engaging with "my favorite newsletter" posts on LinkedIn 7. The content <> community flywheel improves everything - Many of my newsletters start out as LinkedIn posts - Many posts bomb. But I’d rather know that before I invest hours in writing and research! Full deep dive here: https://lnkd.in/gTFUSuin THANK YOU again for your support, it really does mean the world to me 🙏🙏 My theme for 2024 is consistent quality and I hope to bring you plenty more 🔥 stories. If you have a story idea, simply hit reply — I’d love to hear from you. #marketing #content #newsletters

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    2,754 followers

    Y’all know how much I 😍 this cancellation flow 👇

    View profile for Richard King, graphic

    5x founder | 3x exits | VP Product Marketing

    PMMs, check out this cancellation flow from Canva 👇 Shoutout to Kyle Poyar for sharing it: "I went to cancel my Canva for Teams account today -- but Canva's cancellation flow was so good that I changed my mind. And, no, it wasn't because they made me jump through hoops. Things I ❤️: 1️⃣ They reminded me that I have an amazing deal. I still pay $12.95/month, but prices have increased to $29.99/month. I'll lose my deal if I cancel. This is how you turn a price increase into a marketing tactic. 2️⃣ They created loss aversion by reminding me of the premium features I've put to use. Did I really use the background remover 622 times? Why?! (I mean, it is genius...) Loss aversion is a big part of why reverse trials work so well, too. After you've tried a premium feature, you become much more hesitant to lose it. 3️⃣ They made some clever UX choices that subtly influenced my decision. "Continue cancellation" is in a bright red button -- aren't you NOT supposed to click on the red button? Keeping my plan felt as simple as closing out an unwanted pop-up." -- Simple but powerful example. 👋 P.S. Make sure to give Kyle a follow!

    • Canva cancellation steps
  • Growth Unhinged reposted this

    View profile for Kyle Poyar, graphic

    Operating Partner @ OpenView | Growth Unhinged 🚀

    Bottom-up adoption is wonderful. At least on paper. The reality is that folks struggle with billing, budgeting, and feeling like they're in control of their spend. Admins probably don’t love managing that viral, bottom-up growth inside of their organization – and that’s not a persona you can afford to ignore. Figma’s approach is brilliant. Figma lets users invite others for free, then charges for the extra users later. Here's how their approach works – as spelled out in the pricing page FAQs: 🔥 Editors – not simply admins – can add new editors to their team at any time and at no cost. This allows folks to share designs, get feedback and move quickly (no admin approval required). 🔥 If the customer starts to exceed their plan, team admins get an email a few days before the payment. That email recaps the new bill and highlights any new editors who've been added. This gives admins control over their bill. 🔥 Admins can adjust permissions before the payment is due, i.e. downgrade editors to viewers. But they're unlikely to do so because of (i) loss aversion – it's far harder to take something away than it is to never give it in the first place, and (ii) inertia – this requires proactive effort on the admin's part, which may not be worth the cost of a $12 editor seat (for the Professional Plan). It's a win for the customers, a win for the admins, and a win for Figma's revenue. The learning: pay attention to the admin experience of your PLG pricing. #pricing #plg #growth

  • Growth Unhinged reposted this

    View profile for Kyle Poyar, graphic

    Operating Partner @ OpenView | Growth Unhinged 🚀

    Lenny and I asked 20+ top founders, investors & builders about their most surprising learning when building AI 🪄 into their products. These leaders have built many of today’s most loved AI products, including products at Adobe, GitHub, Intercom, Perplexity, Canva, Runway, HeyGen, and Superhuman. What they told us: https://lnkd.in/ech9jDa6 The TL;DR: 1️⃣ Embracing AI opportunities calls for a new approach to building products. 2️⃣ The ones who succeed will bring different mindsets and frameworks to unlock 10x outcomes. 3️⃣ While the tech gets the attention, the winners will still be the products that solve real problems for people the best and provide the best design and UX to train people how to use it. 4️⃣ Be intentional about your initial wedge, and look for a workflow with a big reward and potential for repeat use. 5️⃣ The last mile of building AI products can make all the difference (speed, scalability bottlenecks, etc.). Huge THANK YOU to these 🔥 folks for sharing their hard-earned insights 🙏🙏🙏 -- they're tagged in the comments. #ai #product #startups #genai

    • Counterintuitive advice for building AI into your products
  • View organization page for Growth Unhinged, graphic

    2,754 followers

    Up today: inside GTM at ClickUp with COO Gaurav Agarwal 👇

    View profile for Kyle Poyar, graphic

    Operating Partner @ OpenView | Growth Unhinged 🚀

    You might recognize ClickUp for its Super Bowl ad, viral music album (>1 million streams on Spotify), or path to crossing $100M ARR in under five years. I've long admired them as one of the *very few* who've nailed a modern GTM strategy combining product-led & sales-assist. Gaurav Agarwal joined as Chief Growth Officer in Feb 2022. He was recently promoted to COO as a result of a 🔥 track record. He shared ClickUp's GTM playbook in today's Growth Unhinged. Full story: https://lnkd.in/eAV8rfF5 What stood out to me: 1️⃣ SaaS is obsessed with attribution. But attribution isn't the point; incrementality is what matters. 2️⃣ Hybrid SaaS companies often make mistakes in how they divide up the PLG/GTM orgs. ClickUp's biz is built around five pillars: - Self-serve new logo (KPI = new quality workspaces, predicted LTV of those workspaces, self-serve ARR) - Self-serve NDR (KPI = NDR) - Sales-assisted commercial bookings (KPI = bookings) - Sales-assisted enterprise bookings (KPI = bookings) - Sales-assisted gross retention (KPI = GDR) 3️⃣ Regardless of the team, everybody needs to focus on a KPI that ladders up to incremental revenue. For ClickUp, the segment lens matters far more than the self-serve vs. sales-assist lens. 4️⃣ PLG sales teams usually begin with a very inbound-first, hand raiser approach. They struggle to cross the chasm where they can't move to a relationship-driven sales motion. That's what unlocks a true sales-led pillar. 5️⃣ Product-qualified leads doesn't need to be a massive data science effort. MVP-based thinking is what's needed. Focus on operationalizing the engine (focusing on "plays") rather than waiting for perfect, precise signals. Hope you enjoy this post as much as I did. And shoutout to Amrita Mathur for making this happen 🙏 #sales #plg #saas #growth

    • PLGTM
  • View organization page for Growth Unhinged, graphic

    2,754 followers

    Today I’m diving into my favorite things: favorite onboarding (Miro), favorite PLG pricing (Figma), even my favorite price increase email (is that a thing?!) 👇

    View profile for Kyle Poyar, graphic

    Operating Partner @ OpenView | Growth Unhinged 🚀

    Need inspiration for your onboarding? Look at Miro, it's brilliant. I come across a bunch of product onboarding mishaps, especially for those launching self-serve: 🚫 The product is too confusing w/o sales or success helping out 🚫 There's too much of a blank slate 🚫 It's unclear 'what's in it for me' as a user 🚫 There's no personalization for use cases, jobs to be done, or intent Miro avoids these & has my all-time favorite product onboarding. What I'm digging: 😍 Onboarding begins on the website. Miro has compelling messaging ("take ideas from better to best"). They build trust with social proof ("based on 5,149+ reviews"). Users start building familiarity with the product through product images across desktop, mobile, and presentation-ready devices. All of this gets people inspired and motivated to put in the work. 😍 Nudges folks to sign up with a work email, but doesn't require it. The disclaimer below the signup button is 🔥: "We recommend using your work email — it keeps work and life separate." This positions Miro as a business-grade product while still offering people flexibility. Why care? Business sign-ups are far more valuable than freemail/Gmail signups, but you may not want to entirely shut off the ability to sign up with a freemail domain (especially if you sell to developers). Some people want to test a product for a personal use case before taking the relationship to the next level. 😍 There's no blank slate. The app comes pre-populated with recommended Miro boards. These templates include templates sourced from the Miroverse community, adding social proof. Template recommendations are personalized to different use cases. 😍 It's obvious what to do next. Miro doesn't have excessive in-product tours or pop-ups. The product doesn't need them; the whole experience is extremely intuitive without it. Well done 👏👏👏 Read more & get inspired by other🔥 growth examples in today's Growth Unhinged: https://lnkd.in/eu-VX8X8 Then join the conversation & share your go-to fave below. #growth #product #startup #plg

    • Miro onboarding
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    2,754 followers

    Today's Growth Unhinged: an inside look at how & why Calendly overhauled their product-led sales motion. Don't miss this one 👀

    View profile for Kyle Poyar, graphic

    Operating Partner @ OpenView | Growth Unhinged 🚀

    It’s hard to find someone in tech who hasn’t heard of Calendly or been sent a Calendly link. Calendly now serves >20 million (🤯) users. Millions more sign up each year. And these aren’t only individuals — 86% of the Fortune 500 use it. Their funnel is a CMO’s dream — and biggest nightmare. Just ask Jessica Gilmartin. “It worked, but it was inefficient and expensive,” she told me. Starting in January, Jessica overhauled the sales motion. Calendly changed how they organize their sales team, score leads, route leads to reps, and bring automation into the process. And the results are pretty dramatic. Do yourself a favor and read the full story in Growth Unhinged: https://lnkd.in/ea2k4Js4 The takeaway: folks pay too much attention to getting new leads & not nearly enough on serving the ones they already have. #marketing #saas #growth #sales

    • Calendly product led sales
  • Growth Unhinged reposted this

    View profile for Kyle Poyar, graphic

    Operating Partner @ OpenView | Growth Unhinged 🚀

    What’s “normal” burn at a SaaS startup? Here’s data from 700+ companies ⤵ But “normal” 🚫= “optimal”. And most startups fail because they ran out of cash. I partnered with finance 🤓 CJ Gustafson to investigate all things burn: - What’s the right level of burn? - What’s more important, growth vs profitability? - How does burn impact valuations? Full post in today's Growth Unhinged newsletter: https://lnkd.in/eubxtkQT The TL;DR: 1️⃣ Burn is normal, and even healthy, in the early stages as long as you have the cash to support it. Rules of thumb: burn multiple <2x (ideally <1x), 18+ months of cash runway. 2️⃣ There’s almost always a trade-off between growth and profitability. Only ~1 in 10 fast-growth companies is break-even or profitable. 3️⃣ The relative importance between the two metrics will vary over time. A balanced approach is usually best for valuations. (If you're profitable, though, incremental growth is >>> more valuable than incremental profitability.) 4️⃣ When growth slows below 50% year-on-year, expect to craft a path toward breakeven or profitability. #saas #finance #burn #profitability

    • SaaS burn benchmarks
  • Growth Unhinged reposted this

    View profile for Kyle Poyar, graphic

    Operating Partner @ OpenView | Growth Unhinged 🚀

    Tech companies are always tempted to create a new category. After all, what they're building is different & unique... right? Not so, argues positioning rockstar Anthony Pierri 🎸 "You should almost always anchor your product to an existing category," he told me last year. James Evans, co-founder and CEO of Insight-backed CommandBar, learned this lesson firsthand. Creating a category propelled CommandBar to a $19M Series A, but it meant building on “hard mode”. Shifting to “easy mode” — disrupting an existing category — helped CommandBar double their growth rate. Check out the full story in Growth Unhinged: https://lnkd.in/evxjWjfv The biggest pitfalls with category creation: 1. No competition. This meant CommandBar wasn't tapping into the demand that already existed -- and instead had to create entirely new demand. 2. Low product understanding. "We explained what we did—a lot. We’d spend the first 20 minutes of a discovery call getting people to understand the fundamentals of our product." 3. Mixed buyer profile. "We sold to different buyers. Sometimes the founder, sometimes the CTO, sometimes a PM, sometimes an engineer with a hackathon project." The TL;DR: you (probably) shouldn't create a new category. Disrupt an existing one instead. #marketing #positioning #messaging #categorycreation #startup

    • Creating a category

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