“When I think back, like, what happened to them, right? I think they just stayed as that collaboration platform. They weren't able, if you look at Figma, it was the, from creation to exporting and had amazing collaboration in between. So I think that this, like, chain link strategy now of going from A to Z, especially as so many things, You know, things are getting consolidated. People are really looking for that, I think.”
quote is from the automated transcript, cleaned for reading:
filler sounds and stutters are removed, nothing is rephrased. names can be misheard
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More from Pierce Ujjainwalla
Opinion
Ujjainwalla: Knak integrates with Adobe Marketing Cloud better than Adobe does
“We connect better into the Adobe marketing cloud than Adobe does natively.
There are lots of integrations that don't exist through products that Adobe all owns that we do.”
Pierce UjjainwallaJul 29, 2024▶ 27:12He refused to quit his job until $1M ARR—then grew to $5M ARR & closed a $25M Series A. | Pierce ... · PMF Show
Opinion
Marketo suffered critical engineering brain drain after acquisitions by Vista and Adobe
“Marketo got acquired a couple of, they went public, they got acquired by Vista, then they got acquired by Adobe, and I think at each of those acquisitions, they lost a lot of talent to the people who, you know, the early engineers and product people who kind o…”
Pierce UjjainwallaJul 29, 2024▶ 24:40He refused to quit his job until $1M ARR—then grew to $5M ARR & closed a $25M Series A. | Pierce ... · PMF Show
Disclosure
Ujjainwalla Kept Consulting Business Full-Time Until Knak Reached $1M ARR
“And to be honest, I hadn't left my consulting business when we were doing a million in error because of exactly that. Like the consulting business was still way more successful than NAC was.”
Pierce UjjainwallaJul 29, 2024▶ 16:17He refused to quit his job until $1M ARR—then grew to $5M ARR & closed a $25M Series A. | Pierce ... · PMF Show
AssertionSupported
Ujjainwalla: Marketing Automation Platforms Lack Modern Collaboration Tools
“Yeah, you know, I think most people now think of, like, collaboration and Figma, where you can have multiple people in there, you can drop pins, you can tag people. None of that exists in marketing automation platforms. Like, none of it. Do you know how they c…”
Pierce UjjainwallaJul 29, 2024▶ 19:43He refused to quit his job until $1M ARR—then grew to $5M ARR & closed a $25M Series A. | Pierce ... · PMF Show
PredictionHeld up
Ujjainwalla: Incumbent marketing platforms will re-enter asset creation via GenAI
“Now, there is a whole new focus on content generation now with generative AI, and so I think a lot of them are going back
Back to what we're doing.
Cause it's sexy again.
Like, hey, there's generative AI images and text, and that fits really nicely into these …”
Pierce UjjainwallaJul 29, 2024▶ 25:47He refused to quit his job until $1M ARR—then grew to $5M ARR & closed a $25M Series A. | Pierce ... · PMF Show
AssertionNot checkable as stated
Ujjainwalla: Knak built its enterprise product via customer-funded IP retention deal
“We built like a custom package for them where they funded a lot of the custom development of our enterprise This product. From the beginning, we would own all of that IP, and it was just such a great partnership because their vision aligned to ours.”
Pierce UjjainwallaJul 29, 2024▶ 29:08He refused to quit his job until $1M ARR—then grew to $5M ARR & closed a $25M Series A. | Pierce ... · PMF Show
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