Insight certainty 4/5 debate potential 3/5

Most Growth Struggles Stem From Product-Market Fit, Not Missing Channels

Adam Grenier · Adam Grenier: The Inside Story to Uber’s Hypergrowth; How We Spent $1B/mo in China | E989 · 20VC with Harry Stebbings · Mar 15, 2023 · at 58:39

Adam Grenier, former Head of Growth Marketing at Uber and angel investor, discusses why startups fail to scale and why acquisition channels are rarely the root cause.

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“More often than not, I find that like most of the company's problems aren't That they haven't found the channel that's gonna work for them. It's actually that they don't have product market fit, or that they're pointing the wrong direction, or they're too narrow in, like, how they've solved their problem, or things like that.”

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Adam Grenier Mar 15, 2023 ▶ 0:00 Adam Grenier: The Inside Story to Uber’s Hypergrowth; How We Spent $1B/mo in China | E989 · 20VC with Harry Stebbings
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Adam Grenier Mar 15, 2023 ▶ 55:24 Adam Grenier: The Inside Story to Uber’s Hypergrowth; How We Spent $1B/mo in China | E989 · 20VC with Harry Stebbings
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Adam Grenier Mar 15, 2023 ▶ 1:02:01 Adam Grenier: The Inside Story to Uber’s Hypergrowth; How We Spent $1B/mo in China | E989 · 20VC with Harry Stebbings
Insight
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Adam Grenier Mar 15, 2023 ▶ 12:18 Adam Grenier: The Inside Story to Uber’s Hypergrowth; How We Spent $1B/mo in China | E989 · 20VC with Harry Stebbings
Disclosure
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“So like we actually, all of those functions within the growth team eventually actually merged back into the core business to where by the time I left, we actually didn't have a centralized growth team anymore.”
Adam Grenier Mar 15, 2023 ▶ 13:10 Adam Grenier: The Inside Story to Uber’s Hypergrowth; How We Spent $1B/mo in China | E989 · 20VC with Harry Stebbings
Assertion Supported
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“When we built growth at Uber, like we infused an entire team In one fell swoop, right? Like, and Ed was hired, and he hired myself, a head of product, a head of engineering, a head of design head of analytics.”
Adam Grenier Mar 15, 2023 ▶ 17:46 Adam Grenier: The Inside Story to Uber’s Hypergrowth; How We Spent $1B/mo in China | E989 · 20VC with Harry Stebbings
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