Snyk

includes Snyk Advisor

18 statements across 1 episodes · 10 bullish · 0 bearish · 1 people on the record · first statement Nov 6, 2022 by Ben Williams · said 83 times in 4 episodes since 2022 · across every show →

Mentions by year, the whole family

brought up most by Lenny Rachitsky (51), Ben Williams (32)

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Everything said about Snyk, oldest first

Nov 6, 2022
Assertion Supported
Snyk was the first to integrate security scanning with automated pull requests
“First of all, that, that integration in terms of connecting your code with security scanning like that was a first of a kind integration. Like no one had done that before.”
Ben Williams Nov 6, 2022 ▶ 22:32 How Snyk built a product-led growth juggernaut | Ben Williams (VP of Product at Snyk)
Nov 6, 2022 positive
Assertion Supported
Snyk Advisor programmatically generates hundreds of thousands of package pages for SEO
“There are hundreds of thousands of these package pages, but they're just automatically being generated continuously.”
Ben Williams Nov 6, 2022 ▶ 25:03 How Snyk built a product-led growth juggernaut | Ben Williams (VP of Product at Snyk)
Nov 6, 2022 positive
Insight
Loop-based models are the most effective way to articulate growth strategy
“The best way I've found to articulate a growth strategy that fulfills the promise of usefully guiding the team's execution. It's the loop based model we forge as specific kind of documentation that, that I think is great around that. Being able to identify the…”
Ben Williams Nov 6, 2022 ▶ 58:06 How Snyk built a product-led growth juggernaut | Ben Williams (VP of Product at Snyk)
Nov 6, 2022 neutral
Insight
Developers prioritize deep ecosystem features over broad multi-language support
“A JavaScript developer just won't care if you support Golang or Rust, but will absolutely care if a key feature like automated package upgrades just isn't available for their ecosystem.”
Ben Williams Nov 6, 2022 ▶ 17:53 How Snyk built a product-led growth juggernaut | Ben Williams (VP of Product at Snyk)
Nov 6, 2022 positive
Insight
Developer tool adoption requires integrating directly into workflows to protect flow
“Flow is just this incredibly important concept for developers and you want to strive to keep them in that flow for as long as possible. So the GitHub kind of pull requests are a great example of that. Someone can sign up for Snyk and they could theoretically b…”
Ben Williams Nov 6, 2022 ▶ 32:58 How Snyk built a product-led growth juggernaut | Ben Williams (VP of Product at Snyk)
Nov 6, 2022 positive
Assertion Not checkable as stated
Snyk made its developer security education content completely free and public
“All the traditional solutions you need to sign up, you need to pay to get access beyond more than a couple, but these were just, they're all out there in the public domain.”
Ben Williams Nov 6, 2022 ▶ 26:24 How Snyk built a product-led growth juggernaut | Ben Williams (VP of Product at Snyk)
Nov 6, 2022 positive
Disclosure
Snyk's Growth Platform team feeds product usage data to go-to-market teams
“Product led sales is a really important motion for us. And so taking the knowledge we have, the insight we have around behavior With the users and their teams and their companies within the product and making that available to the GTM teams outside in smart wa…”
Ben Williams Nov 6, 2022 ▶ 43:01 How Snyk built a product-led growth juggernaut | Ben Williams (VP of Product at Snyk)
Nov 6, 2022
Assertion Not checkable as stated
Snyk acquired roughly 5,000 free users before attempting to monetize
“I think we probably had maybe around 5000 free users before there were any attempts at monetization.”
Ben Williams Nov 6, 2022 ▶ 15:09 How Snyk built a product-led growth juggernaut | Ben Williams (VP of Product at Snyk)
Nov 6, 2022 bullish
Assertion Partly supported
Snyk reached an $8.6B valuation post-Series F with over 2,000 customers
“Last valuation after our Series F was at 8.6 billion. We're securing the software of millions of developers now, well over 2000 paying customers, now around 1300 people, of which around 500 in R&D, with nearly 70 folks in our product org.”
Ben Williams Nov 6, 2022 ▶ 8:21 How Snyk built a product-led growth juggernaut | Ben Williams (VP of Product at Snyk)
Nov 6, 2022
Assertion Not checkable as stated
Snyk's initial self-serve monetization completely failed to convert large enterprise customers
“But the first self-serve monetization efforts only really saw traction with individual developers paying a hundred dollars a month or purchases in larger companies. They just didn't happen as everyone had hoped.”
Ben Williams Nov 6, 2022 ▶ 27:17 How Snyk built a product-led growth juggernaut | Ben Williams (VP of Product at Snyk)
Nov 6, 2022
Disclosure
Snyk structures core product teams by function and growth teams by outcome
“So most of the org is functional ownership based. There are a lot of really complex domains in the core product. So having that localized knowledge is important to be able to kind of own and run the code that team ship. The growth teams on the other hand are s…”
Ben Williams Nov 6, 2022 ▶ 1:10:50 How Snyk built a product-led growth juggernaut | Ben Williams (VP of Product at Snyk)
Nov 6, 2022 positive
Assertion Not checkable as stated
Snyk's ungated sidecar code scanner drove massive user acquisition and activation
“The team went on to build out a functional sidecar product that Allowed users to basically try sneak without needing to sign up by simply pasting their code in for us to scan and giving them some results there and then. So, you know, we saw really great result…”
Ben Williams Nov 6, 2022 ▶ 42:14 How Snyk built a product-led growth juggernaut | Ben Williams (VP of Product at Snyk)
Nov 6, 2022
Disclosure
Snyk verifies product analytics schema conformance directly within CI pipelines
“And now we test conformance to schema of the instrumented code in our CI processes. So we have absolute confidence in the data.”
Ben Williams Nov 6, 2022 ▶ 1:03:40 How Snyk built a product-led growth juggernaut | Ben Williams (VP of Product at Snyk)
Nov 6, 2022 neutral
Disclosure
Snyk users upgrade to paid plans to secure business-critical code
“For Sneak, the real drivers to move from free to a paid plan, for example, is when you want to secure business critical code. And you start having needs around governance and compliance.”
Ben Williams Nov 6, 2022 ▶ 1:14:39 How Snyk built a product-led growth juggernaut | Ben Williams (VP of Product at Snyk)
Nov 6, 2022 positive
Opinion
Team-level impact and learnings reviews are the most important growth meetings
“And if I had to pick one meeting that is the most important in the growth team, it would be this.”
Ben Williams Nov 6, 2022 ▶ 1:07:36 How Snyk built a product-led growth juggernaut | Ben Williams (VP of Product at Snyk)
Nov 6, 2022
Assertion Not checkable as stated
Snyk acquired its first 100 users directly through the Node.js community
“The first hundred or so users really just came from the founders engaging with the Node.js community and the interest that drove.”
Ben Williams Nov 6, 2022 ▶ 15:02 How Snyk built a product-led growth juggernaut | Ben Williams (VP of Product at Snyk)
Nov 6, 2022 positive
Assertion Not checkable as stated
Product-led customer cohorts generate significantly higher net revenue retention at Snyk
“And what's, what's fascinating there is that the product driven cohort contribute a relatively greater amount to net retention.”
Ben Williams Nov 6, 2022 ▶ 1:17:17 How Snyk built a product-led growth juggernaut | Ben Williams (VP of Product at Snyk)
Nov 6, 2022 positive
Assertion Not checkable as stated
Fixing vulnerabilities within 30 days is Snyk's core activation metric
“Now, habit moment that we define as a team being activated, it's related to fixing vulnerabilities within 30 days of team creation. And the reason that is, is chosen, it's because there is a significant correlation with downstream, and in that case with activa…”
Ben Williams Nov 6, 2022 ▶ 1:20:43 How Snyk built a product-led growth juggernaut | Ben Williams (VP of Product at Snyk)
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