“The very first customers all, all came mostly from these community forums.”
quote is from the automated transcript, cleaned for reading:
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More from Wade Foster
Insight
Wade Foster says startups should charge beta users to filter noisy feedback
“Everyone's like, oh, we should make it free. So we get more usage, et cetera. And I just think that that's a really tough place to be. Cause you're going to get a lot of just like noisy feedback from people who actually really don't have this problem. Whereas …”
Wade FosterDec 11, 2024▶ 20:04How Zapier Became Profitable in 3 Years and Scaled to $5B with Wade Foster
Insight
Early customers tolerate poor software if founders care deeply about their problem
“Like most, most people don't have an entrepreneur who deeply cares about solving their problem. And so even if the software is not good, they'll be okay with it because like you just have a passion and excitement for it.”
Wade FosterDec 11, 2024▶ 30:55How Zapier Became Profitable in 3 Years and Scaled to $5B with Wade Foster
Insight
Wade Foster says initial product ideas will not survive customer contact
“You gotta like make your product, your ideas. It won't survive contact with customers. So you have to show them what you're working on. Launch earlier than you're, you know, comfortable doing.”
Wade FosterDec 11, 2024▶ 30:26How Zapier Became Profitable in 3 Years and Scaled to $5B with Wade Foster
Insight
Wade Foster says early growth at Zapier was an engineering problem
“We knew the thing that would create, cause us to grow is more integrations. Cause every new integration meant new landing pages. It meant new partnerships. And that was, More customers coming our way. And so basically growth became really about an engineering …”
Wade FosterDec 11, 2024▶ 24:06How Zapier Became Profitable in 3 Years and Scaled to $5B with Wade Foster
Insight
A company's decline starts when it stops doing small customer-focused things
“I think it's so easy to lose that stuff as you get bigger. It's like, ah, we're a big company now. Like we only do big company things. But that's kind of when I think the decline starts and the decline might be long. Like you might have like so much like insti…”
Wade FosterDec 11, 2024▶ 29:29How Zapier Became Profitable in 3 Years and Scaled to $5B with Wade Foster
AssertionSupported
Y Combinator rejected Zapier's first application in 2011
“So we go ahead and apply. Straight rejected.”
Wade FosterDec 11, 2024▶ 3:51How Zapier Became Profitable in 3 Years and Scaled to $5B with Wade Foster
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