Patrick Campbell

Founder & CEO, ProfitWell · 1 appearance on the record.

computed by AI from the episodes · how this works → · full disclaimer →

founderexecutiveanalystinvestor@Patticus ↗LinkedIn ↗patticus.com ↗

Campbell founded ProfitWell (originally Price Intelligently) in 2012, bootstrapping the subscription metrics software before selling it to Paddle in 2022 for over $200 million. A former U.S. intelligence community analyst and Google economist, he is widely recognized for his benchmark research on SaaS monetization, plan optimization, and churn reduction.

16statements → 7claims → 1claims resolved → 3.94/5average certainty → 2/5average debate potential → ≈4.5/5argument clarity, estimated → 16said about them ↓

1 supported 0 partly supported 0 contradicted 1 not yet assessed 5 not checkable as stated how the 7 claims stand · each chip opens the sources

1 prediction · 6 assertions · 1 opinion · 5 insights · 3 disclosures · every statement was checked. The prediction and assertions are the 7 claims: statements the public record can support or contradict. 1 is resolved, 1 is not yet assessed, and 5 name no date, number or outcome precise enough to check. Everything else (opinions, insights, what ifs, disclosures) can never be settled by the record, so it carries no assessment.

The record, in short

What the tape says about how Patrick argues and how the claims held up. Everything they said, and everything said about them, is in the tabs below.

Their most notable supported claim

Assertion Supported
Campbell: Bezos Founded Amazon After Seeing Internet Grow 2,700% Annually
“When Jeff Bezos started Amazon, he noticed this like crazy stat, you know, this new thing called the internet was growing 2700% per year.”
Patrick Campbell Nov 16, 2023 ▶ 3:21 Brainstorming Ideas with The $200M Man | ft. Patrick Campbell (#519)

How they sound: not measured why? →

We measure speaking style by listening to the audio itself, and a fair number needs at least 2,000 words from one person on tape we have measured. There is too little of Patrick Campbell on measured tape to publish a rate. This says nothing about how they speak.

Everything Patrick Campbell said on My First Million that made the record, most notable first. Filter by type, assessment or year in the ledger →

Opinion
Campbell: 10x better products are nearly impossible without scientific or regulatory moats
“Innovation, like a 10 X better product is almost impossible in this particular environment. Now, like 1015 years ago, you could build an innovative 10 X better product. Because you were the one that had the special relationship with the supplier in Yemen for t…”
Patrick Campbell Nov 16, 2023 ▶ 23:49 Brainstorming Ideas with The $200M Man | ft. Patrick Campbell (#519)
Assertion Not checkable as stated
Campbell: Happiness continues rising up to $50M net worth
“Well, I took it all the way to, I think it's like three to four million a year and the happiness just continues to increase. It's not at the same rate, but like more income and more net worth does bring more happiness. Like I'm not sure where it's going to lik…”
Patrick Campbell Nov 16, 2023 ▶ 36:51 Brainstorming Ideas with The $200M Man | ft. Patrick Campbell (#519)
Disclosure
Campbell: Researched and modeled strategies to topple foreign dictatorships
“I get so jacked up about the idea of like toppling a dictatorship one day. I get so excited by it. And I'm like, I'm not even kidding. And I'm like, okay, well, if we go after Cuba, it's going to cost this much because I have this idea and this idea.”
Patrick Campbell Nov 16, 2023 ▶ 46:11 Brainstorming Ideas with The $200M Man | ft. Patrick Campbell (#519)
Insight
Campbell: Companies should change something about pricing every three months
“You should be changing something about your price every three months. That does not mean raise your price every three months, but it means, like, changing up your packaging, going up market, down market, changing up an add-on, changing up your discounting stra…”
Patrick Campbell Nov 16, 2023 ▶ 56:21 Brainstorming Ideas with The $200M Man | ft. Patrick Campbell (#519)
Insight
Campbell: Businesses should raise prices at least once per year
“You should be raising your price at least once per year. There are some top outs and there's some exceptions to this particular rule, but everything about your price is basically this exchange rate on your value.”
Patrick Campbell Nov 16, 2023 ▶ 1:00:12 Brainstorming Ideas with The $200M Man | ft. Patrick Campbell (#519)
Insight
Campbell: Freedom-inducing purchases boost happiness more than experiences or goods
“Like the things that we coded that built or brought the most happiness were what I kind of labeled freedom inducing events or freedom inducing Items. So things like a jet, if you can afford a jet and you can fly private, it's not the nature of the jet. It's th…”
Patrick Campbell Nov 16, 2023 ▶ 35:44 Brainstorming Ideas with The $200M Man | ft. Patrick Campbell (#519)
Assertion Not checkable as stated
Campbell: Pricing add-ons boost customer lifetime value by 20% to 50%
“Add-ons they're the most underrated, underutilized aspect of all pricing, consumer B to B enterprise. They boost lifetime value by about 20 to 50%.”
Patrick Campbell Nov 16, 2023 ▶ 56:54 Brainstorming Ideas with The $200M Man | ft. Patrick Campbell (#519)
Assertion Not checkable as stated
Campbell: Nordics have 30% higher willingness to pay than US
“So the Nordics you know, when we take into account exchange rates and stuff like that, they're still willing to pay about 30% higher than the US for the exact same product. Folks in like Southeast Asia, it's about 40% less.”
Patrick Campbell Nov 16, 2023 ▶ 57:42 Brainstorming Ideas with The $200M Man | ft. Patrick Campbell (#519)
Insight
Campbell: Research businesses suffer poor retention because customers fail to execute
“I think research companies, they have a fatal flaw where they give people a dopamine rush of understanding something, but people are pretty bad at then using that information in some particular way. So like the retention ends up not being great. Unless you tur…”
Patrick Campbell Nov 16, 2023 ▶ 21:45 Brainstorming Ideas with The $200M Man | ft. Patrick Campbell (#519)
Insight
Campbell: Minor drops in net worth cause major happiness declines
“Particularly for the folks who had more than five to ten million in net worth no matter what it was, if it was higher, and some of the billionaires qualitatively this was also the case you would see that if the net worth went up, they got happier. If the net w…”
Patrick Campbell Nov 16, 2023 ▶ 37:14 Brainstorming Ideas with The $200M Man | ft. Patrick Campbell (#519)
Assertion Not checkable as stated
Campbell: Identity-based products boost willingness to pay by 20% to 40%
“Identity based products increase willingness to pay by about 20 to 40%.”
Patrick Campbell Nov 16, 2023 ▶ 53:34 Brainstorming Ideas with The $200M Man | ft. Patrick Campbell (#519)
Prediction Open · timeframe Nov 2028
Campbell: AI will accelerate cybercrime growth beyond 7x in five years
“Basically cybercrime's exploding. And it's probably gonna accelerate even further with AI beyond this, like, seven X five year magnitude that I have in the spreadsheet.”
Patrick Campbell Nov 16, 2023 ▶ 11:56 Brainstorming Ideas with The $200M Man | ft. Patrick Campbell (#519)
Disclosure
Campbell: Gas Station Portfolio Cost $30M and Yields Over $1M Annually
“So, it's thirty million in gas stations. I believe, I can't remember the exact cap rate basically what we're getting out of it, but we're getting I believe the caps are at like five and a half. And so we're not getting like an immense amount of income from tha…”
Patrick Campbell Nov 16, 2023 ▶ 30:04 Brainstorming Ideas with The $200M Man | ft. Patrick Campbell (#519)
Disclosure
Campbell: Spent $50,000 studying what makes billionaires happy
“So I spent 50 grand on, like, a study basically run, and this is one of our products at ProfitWell was, like, basically running research studies. And so I spent 50 grand basically trying to get in front of as many, like, rich folks as humanly possible. And the…”
Patrick Campbell Nov 16, 2023 ▶ 33:59 Brainstorming Ideas with The $200M Man | ft. Patrick Campbell (#519)
Assertion Not checkable as stated
Campbell: Average company waits three years between price increases
“I think the average amount of time they take between pricing changes, like actual price increases is like three years.”
Patrick Campbell Nov 16, 2023 ▶ 1:00:50 Brainstorming Ideas with The $200M Man | ft. Patrick Campbell (#519)
Assertion Supported
Campbell: Bezos Founded Amazon After Seeing Internet Grow 2,700% Annually
“When Jeff Bezos started Amazon, he noticed this like crazy stat, you know, this new thing called the internet was growing 2700% per year.”
Patrick Campbell Nov 16, 2023 ▶ 3:21 Brainstorming Ideas with The $200M Man | ft. Patrick Campbell (#519)

The other half of the tape: Patrick Campbell's own voice is left out of every number here. Other people bring the name up 13 times in 5 episodes on My First Million. 3 statements on the record name them. every mention, with the transcript →

Who brings them up most Shaan Puri 8Sam Parr 4Andrew Wilkinson 1

Statements about Patrick Campbell, by other people (3)

Insight
Parr: Ultra-successful founders spend heavily on life coaches to manage self-doubt
“You think that when you, quote, make it, you don't have doubts, and you don't spend money on foo-foo shit like a Life. You spend even more on that type of stuff because it's just still incredibly necessary.”
Sam Parr Jul 31, 2024 ▶ 46:57 3 Underdog Stories That’ll Get You Inspired This Week
Assertion Supported
Sam Parr: Patrick Campbell bootstrapped ProfitWell to roughly $200M exit
“Patrick Campbell bootstrapped his company, ProfitWell to like a two hundred million dollar exit.”
Sam Parr Mar 28, 2023 ▶ 16:42 Sam Reveals The Company He's Worked On For The Last 8 Month
Assertion Supported
Shaan Puri: Patrick Campbell sold ProfitWell for $200 million
“He created a company called profit. Well sold it for two hundred million bucks.”
Shaan Puri Nov 16, 2023 ▶ 1:33 Brainstorming Ideas with The $200M Man | ft. Patrick Campbell (#519)

Every mention by year

tap a year for its mentions
004182202320242025episodesmentions
012202320242025episodes it came up in
002142202320242025episodesmentions per episode
2025 1 mention in 1 episode
2024 8 mentions in 2 episodes 4 per episode
2023 4 mentions in 2 episodes 2 per episode

Appearances (1)

EpisodeDateSpeaking time
Brainstorming Ideas with The $200M Man | ft. Patrick Campbell (#519) Nov 16, 2023 38m
Made with StarZero

Turn any episode into a week of clips.

This entire site, over 300 episodes transcribed, diarized, checked and made playable, runs on the StarZero media pipeline. Drop in your own episode and the podcast clipper finds the moments worth sharing, cuts them, captions them, and reframes them for every feed.