Bill Magnuson
9 statements across 2 episodes · 2 bullish · 2 bearish · 1 people on the record · first statement Oct 20, 2022 by Bill Magnuson · across every show →
On the record as a speaker too: Bill Magnuson's record, appearances and statements → this page counts the times other people say the name.
Everything said about Bill Magnuson, oldest first
Oct 20, 2022
Forcing early growth in immature markets hits inelastic demand barriers
“If you raise too much money, you know, you try to grow too fast in the early days before the market is really there. You find yourself trying to claw up this curve, but it's pretty inelastic. You know, if you are trying to sell to job titles that don't exist, …”
Oct 20, 2022
Braze manages over 4 billion monthly active users across 1,500 customers
“We're a little bit over 1200 employees today, a little bit over 1500 customers. We are managing the relationships of over four billion monthly active users on behalf of our customers, and we do that in large part through the sending of messages.”
Oct 20, 2022 negative
Early Braze competitors launched five simultaneous products to hit VC targets
“You know, these are, these were companies that had 50, a hundred, a 150 employees. And all of a sudden they were trying to sell five products because in order for them to actually kind of hit the growth targets that they had signed up for, they needed to acces…”
Oct 20, 2022 positive
Steady methodical compounding is the only real survival path for startups
“Letter A actually ends up being the only one that exists in reality, right? So this isn't a question about risk tolerance. It's actually a question about how do we navigate market dynamics over time Taking into account things like the fundraising environment, …”
Jun 30, 2023 bearish
Magnuson: Batch email marketing via Salesforce Marketing Cloud would stop working
“Which meant that, you know, if you were still just kind of blasting out emails to everyone, as people had been doing with the likes of a, you know, what is now called Salesforce Marketing Cloud, that, that would eventually just stop working.”
Jun 30, 2023
Magnuson: Braze got one term sheet per early round and floated loans
“Through that time period we raised our, you know, our seed round, our series A, our series B. In each one of those rounds, we only got one term sheet. And we actually ran out of money twice and had to float, you know, a small loan in order to make payroll.”
Jun 30, 2023 neutral
Magnuson: Braze had more 2012 beta signups than total 2023 customers
“Back in 2012 when we launched our beta, we had more developers sign up for the, we were called Appboy at the time, for the Appboy beta than we even have customers today. 12 years later, having gone public and now worth, you know, billions of dollars.”
Jun 30, 2023 neutral
Magnuson: WeWork ran out of money outfitting its third office in 2011
“Fun fact, WeWork has run out of money more than once. Ah, the first time was actually when they were outfitting that office space, and they left us with bare concrete floors, ah, in this, like, nice little, ah, oven box, ah, up on the top floor.”
Jun 30, 2023 positive
Magnuson: Enduring enterprise software aligns with users' career paths
“The teams and the budgets and the org charts and the skill sets that people invest in and the way that they Develop their career paths, and they build their careers around your technology, are one of the most enduring aspects of, you know, really building any …”