paid acquisition

13 statements across 8 episodes · 3 bullish · 6 bearish · 8 people on the record · first statement Jul 23, 2018 by Jason Stoffer · across every show →

Everything said about paid acquisition, oldest first

Jul 23, 2018 positive
Insight
Maveron's best startups rely on repeat customers, not paid acquisition
“If there's a unique characteristic across the most successful portfolio companies we have, it's high repeat and a lack of dependence upon paid acquisition for a significant piece of your revenue.”
Jason Stoffer Jul 23, 2018 ▶ 8:46 20VC: The Metrics That Matter In Early-Stage Consumer, Why Moats Matter More Than Brand Today and How VCs Deal with S*** Hit The Fan Moments with Jason Stoffer, Managing Partner @ Maveron
Oct 25, 2023 negative
Insight
Ely Lerner: Push notifications and paid marketing only work in specific niches
“Paid is oversaturated in a lot of ways. I would say, though, that they're not, these things are not dead. They're dead as broad brush tools. Paid has channel, like, has specific niches where it works well. Push notifications have specific niches where they wor…”
Ely Lerner Oct 25, 2023 ▶ 57:59 Ely Lerner: Should Startups Hire Advisors & How much should they be paid? | E1075 · 20VC with Harry Stebbings
Feb 7, 2024 negative
Disclosure
Allebest: Chess.com instituted a firm rule against paid user acquisition
“We'd totally been burned on, on paid acquisition, and we pretty much made You know, a very firm rule that we weren't going to do paid acquisition. And so instead we said, we're going to take any money that we have and we're going to put it into content because…”
Erik Allebest Feb 7, 2024 ▶ 29:03 Erik Allebest: Scaling to $100M Revenue, 150M Members and 700 People, All with No Vc Funding | E1113 · 20VC with Harry Stebbings
Apr 26, 2024
Insight
Gross: Startups using paid acquisition under $100M ARR are not PLG
“If you are doing PLG and you're doing paid acquisition, sub a hundred million in revenue, I'm not sure you're really PLG.”
Adam Gross Apr 26, 2024 ▶ 0:17 Adam Gross: Why Startups Doing Paid Under $100M ARR are not PLG | E1145 · 20VC with Harry Stebbings
Nov 15, 2024 bearish
Insight
Malik: Paid acquisition is a drug that underperforms on user retention
“Paid acquisition is a total drug. It makes everyone feel good because top of funnel numbers move up, and once you see those, you know, weekly activation rates, well, no one wants to see that go down. But it's going to underperform on retention, and maybe most …”
Raman Malik Nov 15, 2024 ▶ 32:31 Raman Malik: Inside Perplexity’s Growth Machine: What Worked, What Did Not Work | E1226 · 20VC with Harry Stebbings
Nov 15, 2024
Assertion Not checkable as stated
Malik: Turning off Lyft's paid channels reduced signups by only 5-10%
“And so the growth marketing team turns off every single paid channel and installs and signups barely move. They go down by like maybe five, 10%. I don't remember what it was and what did go down. It was all Low quality. So every marketing dollar that was being…”
Raman Malik Nov 15, 2024 ▶ 33:16 Raman Malik: Inside Perplexity’s Growth Machine: What Worked, What Did Not Work | E1226 · 20VC with Harry Stebbings
Nov 15, 2024 negative
Disclosure
Malik: Perplexity barely uses paid acquisition channels
“We, I mean, we don't really. We barely touch paid.”
Raman Malik Nov 15, 2024 ▶ 32:28 Raman Malik: Inside Perplexity’s Growth Machine: What Worked, What Did Not Work | E1226 · 20VC with Harry Stebbings
Oct 3, 2025 negative
Opinion
Slonimski: New Consumer Apps Cannot Survive on Organic Growth Alone
“Within the current products in the red ocean market, I don't think you can live just with organic, and organic is very hard to get. So you need to start with paid”
Ketty Slonimski Oct 3, 2025 ▶ 15:15 20Growth: How to Use Influencers to Scale Growth Insanely Fast | How to Optimise User Onboaring for Growth | How the Best Growth Teams Create Organic Growth and Community | Why LTV/CAC Models are BS with Ketty Slonimsky
Mar 14, 2026 neutral
Insight
Verna: Early startups should limit paid growth to under 10%
“Less than 10% should be paid in the more scaled mature company can be 30, 40%, but anywhere over 50%, I would be very uncomfortable on the reliance on paid”
Elena Verna Mar 14, 2026 ▶ 22:35 Elena Verna: How Lovable Launches Product & Hacks Social to Go Viral · 20VC with Harry Stebbings
Mar 14, 2026 negative
Insight
Verna: Paid marketing in year one is a death trap for founders
“For any founder in the first year, investing in paid as the means of growth is a death trap.”
Elena Verna Mar 14, 2026 ▶ 21:49 Elena Verna: How Lovable Launches Product & Hacks Social to Go Viral · 20VC with Harry Stebbings
Aug 14, 2026 positive
Insight
Swulinski: Paid ads are the fastest way to validate product-led growth
“Paid is the easiest way to validate that you have PLG, that you have a product that can scale in any way, shape or form, right? Like there, there's a ton of narrative that like focus on brand, go organic content, build all that base. That just takes too much t…”
Matt Swulinski Aug 14, 2026 ▶ 4:53 How to Build a $100M Growth Engine: Lessons from Wispr Flow & Superhuman | Matt Swulinski
Aug 14, 2026 neutral
Insight
Swulinski: Paid Acquisition Usually Fails Due to Bad Conversion Tracking Setup
“If you have poor conversion tracking, Meta doesn't know who those people are, and it just randomly targets people, and you, you'll have a super high CAC, you'll say, ah, pay doesn't work for me. I'd say most of the time, people haven't done the actual setup co…”
Matt Swulinski Aug 14, 2026 ▶ 10:36 How to Build a $100M Growth Engine: Lessons from Wispr Flow & Superhuman | Matt Swulinski
Aug 14, 2026 positive
Insight
Swulinski: Spending over $1M monthly requires MMM and incrementality models
“You definitely want a strong MMM model and incrementality when you're, like, the moment you start spending north of a million dollars a month”
Matt Swulinski Aug 14, 2026 ▶ 51:08 How to Build a $100M Growth Engine: Lessons from Wispr Flow & Superhuman | Matt Swulinski
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