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Mailchimp

5 statements across 1 episodes · 2 bullish · 0 bearish · 2 people on the record · first statement Nov 30, 2021 by Ben Chestnut · across every show →

Everything said about Mailchimp, oldest first

Nov 30, 2021
Insight
Chestnut: Keep repeating a working marketing tactic until it stops working
“Like, don't be afraid to beat a dead horse. If it's working, keep going, and hire people to keep it going.”
Ben Chestnut Nov 30, 2021 ▶ 35:08 The case for bootstrapping (with Mailchimp's Ben Chestnut)
Nov 30, 2021 positive
Assertion Contradicted
Chestnut: Mailchimp hit 2M users two years after launching a freemium model
“Within a year we had gone from like several 100,000 users to a million, and then by the next year we were at two, two million, it's all a blur to me now, ah, but it just kept growing.”
Ben Chestnut Nov 30, 2021 ▶ 38:45 The case for bootstrapping (with Mailchimp's Ben Chestnut)
Nov 30, 2021
Disclosure
Chestnut: Mailchimp focuses solely on monthly revenue and its growth rate
“I think to this day, I still keep it very simple myself. I think I obviously have a CFO who cares about it. He has big fancy reports, but I really say, you know, how much money do we make this month? Is it growing at what rate? And that's all I really care abo…”
Ben Chestnut Nov 30, 2021 ▶ 40:11 The case for bootstrapping (with Mailchimp's Ben Chestnut)
Nov 30, 2021 positive
Assertion Supported
Hoffman: Ben Chestnut built Mailchimp to $600M revenue without outside funding
“Ben built a company around a strong, simple service and a quirky brand that sees annual revenue of six hundred million dollars, and he never raised a dollar of outside funding.”
Reid Hoffman Nov 30, 2021 ▶ 8:22 The case for bootstrapping (with Mailchimp's Ben Chestnut)
Nov 30, 2021
What-if
Hoffman: Mailchimp would have scaled faster with the right VC partner
“However, I believe if they'd found the right VC partner, they could have hit upon it sooner and scaled far more rapidly.”
Reid Hoffman Nov 30, 2021 ▶ 39:48 The case for bootstrapping (with Mailchimp's Ben Chestnut)
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