Drawer 03 · 208 notes · 72 people · 2005–2026

Growth & retention

Acquisition loops, activation, onboarding, retention, and PLG

Q:
Answers from Growth & retention notes, cited
Lenny’s Podcast79 min

Growth tactics, retention strategies, and becoming a better writer

Julian Shapiro · Sep 25, 2022
Key learnings
  • Pursue product-led acquisition by designing features where users naturally invite others, such as settling debts, sharing…
  • Build user state, like reputation, audience, or social graphs that cannot transfer off-platform, so accumulated investment makes…
  • Prefer evergreen topics and keep updating old writing, since Julian treats his handbooks and posts as living assets rather than…
Lenny’s Podcast105 min

How to consistently go viral: Nikita Bier’s playbook for winning at consumer apps (co-founder of TBH, Gas, advisor, investor)

Nikita Bier · Aug 25, 2024
Key learnings
  • Look for latent demand: when users go through a distorted workaround to get a value, that signal can reveal a product idea with…
  • Target teens for social and communication products, since invitations per user drop roughly 20% per year from age 13 to 18, and…
  • Build a reproducible testing process: Bier argues that the number of shots at bat and how reliably you test ideas matters more…
Lenny’s Podcast74 min

How to scrappily hire for, measure, and unlock growth

Crystal W · Jul 31, 2022
Key learnings
  • Run Wizard of Oz style experiments before building: use WhatsApp groups, screenshots, or manual processes to validate demand…
  • Experiments are worth running even with around 30 users; the trends stay similar, and precision improves with more data, while…
  • Define retention concretely as cohort retention; for a free weekly product, expect roughly 60% of the prior week's users to…
Lenny’s Podcast126 min

The original growth hacker reveals his secrets

Sean Ellis · Sep 5, 2024
Key learnings
  • Ask users how they would feel if they could no longer use the product; a high share saying 'very disappointed' is a leading…
  • Survey a random sample of users who have actually experienced the product and used it more than once recently, not just sign-ups…
  • Use the very-disappointed group as a filter: find their primary benefit and the context ('why is this important to you') to craft…
Lenny’s Podcast93 min

Developing a growth model + marketplace growth strategy

Dan Hockenmaier · Oct 9, 2022
Key learnings
  • A growth model is a spreadsheet formula for how your business grows; roughly half its value comes from the act of building it…
  • Start with three core building blocks for a SaaS growth model: acquisition channels, retention, and monetization; marketplaces…
  • Retention is often the most sensitive lever in a growth model, so small retention gains can be worth more than larger gains…
Lenny’s Podcast128 min

The hierarchy of engagement

Sarah Tavel · Dec 27, 2023
Key learnings
  • Pick one core action that defines an engaged user and track it as your North Star, rather than vanity metrics like MAUs or…
  • Build the product so it gets better the more it is used and users have more to lose by leaving, which drives retention.
  • Design network effects and re-engagement loops so that each user's activity pulls in and re-activates others without extra effort.
Lenny’s Podcast97 min

The ultimate guide to AEO: How to get ChatGPT to recommend your product

Ethan Smith · Sep 14, 2025
Key learnings
  • Everything that works in traditional SEO also works for AEO, so start with landing pages targeting high-volume keywords before…
  • In LLM answers you win by being mentioned across many citations, not by ranking first, so pursue multiple third-party mentions…
  • Early-stage companies can win in AEO quickly, since a single citation from a Reddit thread, YouTube video, or blog can get you…
Lenny’s Podcast148 min

Anthropic’s $1B to $19B growth run: how Claude became the fastest-growing AI product in history

Amol Avasare · Apr 5, 2026
Key learnings
  • Expect most growth time to go to 'success disasters' once growth is rapid; firefighting breaking systems matters as much as new…
  • In AI-first products, skew the growth portfolio toward larger swings, since future product value could be orders of magnitude…
  • Treat activation as a top lever in AI products: identify user traits that predict which feature fits them, then guide them there.
Lenny’s Podcast76 min

Mastering onboarding

Lauryn Isford · Feb 12, 2023
Key learnings
  • Experiment when you need to, mainly as risk mitigation for big changes; let customer research and mockups provide conviction for…
  • Onboarding is a critical choke point for self-serve products because downstream conversion, deal closing, and team-wide adoption…
  • For complex products, an immersive guided wizard that reduces cognitive load can outperform tooltips; tooltips still have a place…
Lenny’s Podcast164 min

“Dumbest idea I’ve heard” to $100M ARR: Inside the rise of Gamma

Grant Lee · Nov 13, 2025
Key learnings
  • Treat product-market fit as a real word-of-mouth engine: if over half of new signups come from organic sharing, the core growth…
  • Make the first 30 seconds of the product magical, focusing on one clear 'egg' of value rather than many features, so new users…
  • Practice founder-led marketing: write provocative but useful posts, share learnings regularly, and build credibility by giving…
Lenny’s Podcast90 min

How Notion leveraged community to build a $10B business

Camille Ricketts · Dec 11, 2022
Key learnings
  • Treat content like a product: define who the audience is and what painful job they need done before creating anything.
  • Community-led growth works best when the product creates something users want to share, such as templates or creative workspaces.
  • Measure brand discovery with net new visitors to your site month over month, rather than starting with rigid community ROI…
Lenny’s Podcast94 min

Breaking the rules of growth: Why Shopify bans KPIs, optimizes for churn, prioritizes intuition, and builds toward a 100-year vision

Archie Abrams · Nov 7, 2024
Key learnings
  • Optimize for the absolute number of people reaching each funnel stage, not local conversion rates, since rate-chasing teams often…
  • Judge growth by the total long-term value of a merchant cohort (cumulative GMV over several years) rather than per-merchant or…
  • Keep long-term holdouts and revisit experiments at 3, 6, 12, and 24 months, because many short-term wins fade and some neutral…
Lenny’s Podcast106 min

The ultimate guide to adding a PLG motion

Hila Qu · Apr 2, 2023
Key learnings
  • Treat PLG as data-led growth: free products should yield broader reach plus usage data showing which features correlate with…
  • Most companies end up running both PLG and sales motions; start PLG early because retrofitting it into a sales-led organization…
  • Commit for a year or two and don't mistake simply opening a free trial for a PLG strategy; it requires redesigning activation…
Lenny’s Podcast76 min

Lessons on building product sense, navigating AI, optimizing the first mile, and making it through the messy middle

Scott Belsky · May 18, 2023
Key learnings
  • Build product sense by developing genuine empathy for the customer's problem before getting attached to a particular solution…
  • Optimize the first mile of the experience: users arrive lazy, selfish, and impatient, so onboarding, orientation, and defaults…
  • Re-examine onboarding for each new customer cohort, since later pragmatist users are less forgiving and need a reimagined…
Lenny’s Podcast99 min

An inside look at Deel’s unprecedented growth

Meltem Kuran · Aug 27, 2023
Key learnings
  • Start growth with cheap channels: monitor communities like Reddit, Quora, and Twitter for people asking questions you can answer…
  • Before spending on paid ads, make sure the fundamentals work: a fast website, discoverability in search engines, and clear…
  • For SEO, aim for content that fully answers the search so users don't need to return to Google; avoid keyword stuffing and…
Lenny’s Podcast74 min

How to grow a subscription business

Yuriy Timen · Sep 1, 2022
Key learnings
  • Give every channel a real test before judging it; many teams wrongly conclude YouTube or other tactics don't work because they…
  • Virality works best when the product has inherent network effects, where utility grows with more users, rather than trying to…
  • Treat SEO as a 3-month time-boxed experiment, favoring angles with a unique editorial, programmatic, or data advantage, and buy a…
Lenny’s Podcast95 min

How to drive word of mouth

Nilan Peiris · Sep 24, 2023
Key learnings
  • Measure word of mouth by simply asking new customers how they heard about you and overlaying that on attribution and…
  • Use NPS as a proxy for viral potential: moving promoters up the scale roughly doubles how many people each customer refers, so…
  • Read the verbatim NPS comments company-wide; Wise found customers repeatedly asked for lower prices, faster transfers, and easier…
Lenny’s Podcast111 min

How Snyk built a product-led growth juggernaut

Ben Williams · Nov 6, 2022
Key learnings
  • Start with a narrow, deep use case for one developer community (Snyk began with Node.js developers) to validate product-market…
  • Design acquisition loops into the product itself, such as Snyk-branded pull requests that educate other developers and drive them…
  • Build programmatic SEO assets, like Snyk Advisor's package health pages, that generate and index large volumes of pages…
Lenny’s Podcast115 min

Elena Verna on how B2B growth is changing, product-led growth, product-led sales, why you should go freemium not trial, what features to make free, and much more

Elena Verna 3.0 · Jun 23, 2022
Key learnings
  • Founders should drive the first stage of growth themselves; hire a growth leader only after product-market fit, strong retention…
  • A growth team cannot fix a declining core product or go-to-market; stabilize the core issues first before adding growth resources.
  • Homepage and brand redesigns rarely lift acquisition immediately; plan for three to six months of post-launch optimization or…
Lenny’s Podcast118 min

Behind the product: Duolingo streaks

Jackson Shuttleworth · Dec 15, 2024
Key learnings
  • Streaks are an engagement amplifier, not a substitute: first make sure the core product is something users want to return to…
  • Choose a unit of use that matches real engagement; simplifying the streak to one lesson kept users, but dumbing it down to one…
  • Focus effort on the first seven days, since loss aversion appears to kick in once a streak reaches about seven days and retention…
Lenny’s Podcast115 min

How to find hidden growth opportunities in your product

Albert Cheng · Oct 5, 2025
Key learnings
  • Alternate between exploring for new insights and exploiting proven wins; when experiments stop reaching significance, return to…
  • Share experiment learnings across the company so adjacent teams can apply the same human-psychology insight to their own parts of…
  • Make a free tier a taste of the full product's value rather than a stripped-down version; sampling paid suggestions to free users…
Lenny’s Podcast159 min

Rethinking SEO in the age of AI

Eli Schwartz · Sep 19, 2024
Key learnings
  • Treat SEO as a product: start by understanding the user's search journey and what they would actually type before investing…
  • Skip SEO if you can't name the specific searches your target user would make; many SaaS products lack a real search journey and…
  • Expect AI answers to absorb top-of-funnel discovery queries, and focus SEO effort on mid-funnel, intent-rich queries where users…
Lenny’s Podcast107 min

Mastering paid growth

Jonathan Becker · May 7, 2023
Key learnings
  • Don't put all your marketing budget into one paid channel; treat spend like a portfolio and diversify across channels to avoid…
  • Judge paid lead-gen by downstream revenue, not cost per lead; a higher-cost lead that converts to valuable customers can…
  • Use a lead scoring model fed by CRM revenue data to bid more on audiences likely to become high-value customers, especially when…
Lenny’s Podcast80 min

How to achieve hypergrowth in your business and career

Carilu Dietrich · Apr 30, 2023
Key learnings
  • Hypergrowth depends on an amazing product that people love, which spreads organically through inbound and viral word of mouth…
  • To reach the C-suite, tie your work to revenue, learn how finances work, and think in terms of what the CEO and board care about.
  • Take on tours of duty in other departments and volunteer for interim roles, which builds the cross-functional insight and visible…