Bump

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20VC 14 the Startup Ideas Podcast 3

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20VC 14the Startup Ideas Podcast 3

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7 statements about Bump, every show

Why Naming Consumer Apps After Action Verbs Is a Smart Strategy
“Thinking about if you're doing an app, you're doing a consumer app, you know, consumer app, consumer software, like, picking the verb is a pretty smart way of naming an app.”
Greg Isenberg Oct 2, 2024 ▶ 13:31 The only startup naming guide you’ll ever need: my proven framework
20VC Disclosure
Lieb: Bump prematurely hired a product lead before reaching PMF
“I made this mistake myself at Bump. We got to like, maybe it was 30 employees. All of our vanity metric graphs were like going way up. We were feeling really good. And I thought our company is going to need to like figure out our business model. Eventually we'…”
David Lieb Feb 3, 2023 ▶ 21:33 20Product: When to Hire a CPO, The Three Different Types of CPO, How To Know What You Need, How To Structure the Hiring Process, What Are the Must-Ask Questions, What Tests and Case Studies Should Be Used, How Should Their Compensation Package Be Structur
20VC Assertion Supported
Lieb: Bump pivoted to photo sharing before being acquired by Google
“We pivoted a few times with bump and ultimately decided to work on photo sharing and then got acquired by Google. And then I was there for nine years.”
David Lieb Sep 21, 2022 ▶ 2:03 David Lieb: How I Founded Google Photos & Bump; Why I Left Google | 20VC #927 · 20VC with Harry Stebbings
20VC Disclosure
Lieb: Bump sold to Google because it needed to raise capital
“We need, we were gonna need to raise some more money and we weren't sure that that was the right idea for ourselves or for the team or for investors. So usually when you sell a company, it's because you either really can and want to or you need to. For us, we …”
David Lieb Sep 21, 2022 ▶ 6:29 David Lieb: How I Founded Google Photos & Bump; Why I Left Google | 20VC #927 · 20VC with Harry Stebbings
20VC Disclosure
Lieb: Bump reached 150 million installs, on 20% of global smartphones
“In, in, in the Bump kind of heyday, we had a hundred and fifty million installs on, on phones when the market for phones was only like, I don't know, maybe a billion phones in the world, or probably less than that, probably hundreds of high hundreds of million…”
David Lieb Sep 21, 2022 ▶ 28:28 David Lieb: How I Founded Google Photos & Bump; Why I Left Google | 20VC #927 · 20VC with Harry Stebbings
20VC Disclosure
Lieb: 20% of Bump app opens were accidental taps meant for Facebook
“We thought we were like hot shit because everybody's using our app, but turns out like 20% of the time it was accident. They didn't mean to use it.”
David Lieb Sep 21, 2022 ▶ 29:26 David Lieb: How I Founded Google Photos & Bump; Why I Left Google | 20VC #927 · 20VC with Harry Stebbings
20VC Disclosure
Lieb: Prematurely hiring a product lead at Bump was a key mistake
“At bump, you know, we got to like, Maybe it was 30 employees, and we were, all of our vanity metric graphs were, like, going way up. We were feeling really good and I thought, oh, like, our company is gonna need to, like, figure out our business model eventual…”
David Lieb Sep 21, 2022 ▶ 39:38 David Lieb: How I Founded Google Photos & Bump; Why I Left Google | 20VC #927 · 20VC with Harry Stebbings

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