This episode carries Ashley Smith's own address, with nobody on the show putting
questions to them. It still counts as said, and it is kept out of every score on their page.
Ashley Smith, Venture Partner at OpenView, shares practical examples of embedding simple collaboration features to drive product-led growth.
“There's a company in San Francisco that I'm advising, and they're a developer tool, because I work on developer software a lot, and they had no way to actually collaborate as a team, which to me is counterintuitive, but we put a little tiny button that says, invite your team members, and it increased their signups by 10 X.”
quote is from the automated transcript, cleaned for reading:
filler sounds and stutters are removed, nothing is rephrased. names can be misheard
(the analysis reads context, assessments check outside sources). how →
More from Ashley Smith
Insight
Smith: PLG companies cannot grow without a full-featured free tier
“If you're trying to build a product-led growth company, and there's not at least something to give away for free that's a full-featured product, it's not gonna grow.”
Ashley SmithSep 11, 2019▶ 12:46Using Product Led Growth as an Indicator for Investment w/OpenView Venture Partner, Ashley Smith
AssertionNot checkable as stated
Over half of GitHub's growth to $7.5B was entirely developer-driven
“Developer community drove a company after 10 years to a 7.5 billion dollar acquisition based on sharing. There was a lot of sales motion. We had an incredible sales enterprise enterprise sales team but over half that growth was 100% developer driven with no sa…”
Ashley SmithSep 11, 2019▶ 16:26Using Product Led Growth as an Indicator for Investment w/OpenView Venture Partner, Ashley Smith
AssertionPartly supported
Smith: Running GitHub without a CEO prior to Microsoft acquisition
“At GitHub, I was in the last 18 months coming into acquisition, which is a nightmare. But I was one of five people running the company. The CEO publicly stepped down and left it to us to take care of.”
Ashley SmithSep 11, 2019▶ 2:53Using Product Led Growth as an Indicator for Investment w/OpenView Venture Partner, Ashley Smith
Opinion
Smith: Few companies reached a $7.5B acquisition via community like GitHub
“When you think about product driven growth, there are not many companies in the world that you can say a community has driven a company to a 7.5 billion dollar acquisition. More so than GitHub.”
Ashley SmithSep 11, 2019▶ 3:06Using Product Led Growth as an Indicator for Investment w/OpenView Venture Partner, Ashley Smith
AssertionSupported
PLG public companies grow at 35% versus 25% for traditional SaaS
“Faster growth rates. 35% versus 25% in SAS.”
Ashley SmithSep 11, 2019▶ 7:16Using Product Led Growth as an Indicator for Investment w/OpenView Venture Partner, Ashley Smith
AssertionPartly supported
Public PLG companies command a 10x EV-to-revenue valuation multiple
“Higher multiples. Enterprise value per revenue is 10 X. These are actual numbers you can dig into. I think they're actually higher now if you go look at the updated index. Which means your company's worth about two times more.”
Ashley SmithSep 11, 2019▶ 7:25Using Product Led Growth as an Indicator for Investment w/OpenView Venture Partner, Ashley Smith
Made with StarZero
Turn any episode into a week of clips.
This entire site, over 400 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.
We use essential cookies to make the site work. With your permission we
also use analytics cookies (Google Analytics and Mixpanel) to understand
usage and improve StarZero. See our Cookie Policy.