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 Podcast81 min

Customer-led growth

Gia Laudi · Sep 29, 2022
Key learnings
  • Stop treating growth as ending at acquisition; for recurring-revenue businesses, retention, expansion and post-signup activation…
  • Start by identifying your best customers: those who are happy, pay well, have an urgent problem, and signed up recently enough to…
  • Survey recent best customers about the trigger moment, alternatives considered, must-haves, anxieties, and desired outcomes, then…
Lenny’s Newsletter♥ 389

Ecosystem is the next big growth channel

Nov 11, 2025 · 15 min
Subscriber post — summary only

The post argues that as AI makes building and reaching customers easier for everyone, traditional B2B channels like search, outbound, events and lifecycle email are getting noisier and less effective. It makes the case…

Lenny’s Podcast128 min

The rituals of great teams

Shishir Mehrotra · Aug 14, 2022
Key learnings
  • Map your product's growth as loops rather than linear funnels, and draw a diagram of how users bring in other users; Shishir says…
  • Remove friction from the moment users share, as Coda did by charging only for document makers, not for people they share with.
  • Treat publishing as a discovery channel: users who publish something useful for their niche can expose the product to new…
The Looking Glass podcastMar 11, 2026

What Excellent Growth Teams See That Others Miss

Mar 11, 2026
Key learnings
  • Excellent growth teams look for opportunities that others in the organization tend to overlook, rather than only chasing the…
  • Growth work at a marketplace like DoorDash requires balancing consumers, merchants, and dashers, so teams should consider the…
  • Seven lessons framing suggests growth is treated as a repeatable discipline with distinct principles rather than a series of…
Lenny’s Podcast132 min

Scaling Duolingo, embracing failure, and insight into Latin America’s tech scene

Gina Gotthilf · Oct 19, 2023
Key learnings
  • Anchor the company in a mission people can rally behind; it helps with organic growth, hiring, and resisting short-term…
  • Keep growth lean and avoid paid acquisition early, since rising CAC and dependence on paid users can become an addiction that is…
  • Focus relentlessly on retention by asking whether the product delivers real value; users who find real value stick around.
Lenny’s Newsletter · Free post♥ 35

28 Ways to Grow Supply in a Marketplace 📈

Jun 26, 2019 · 30 min

“Yesterday I was fortunate enough to be a guest contributor to Andrew Chen’s blog. The response has been amazing. Below I’ve included that entire post, along with a dozen bonus examples and tips that didn’t make it into the original post. My intention is to dive deeper into some of these tactics and strategies in future posts, so if there’s anything specific that you’d like to hear more about, I’d love to know. Tweet me or leave a…”

Lenny’s Podcast134 min

An inside look at Figma’s unique GTM motion

Claire Butler · Sep 7, 2023
Key learnings
  • Focus go-to-market on the individual contributors who use your product daily; their love and advocacy spread the product into…
  • Keep the free tier generous, such as unlimited collaborators on a starter team, so teams can adopt and build confidence before…
  • Early on, treat metrics as weak signal; look for a few users who love the product and are excited to play with it, rather than…
Lenny’s Newsletter♥ 13

Prioritizing conversion opportunities

May 26, 2020 · 6 min
Subscriber post — summary only

Lenny answers a reader question on how to split effort across conversion levers (focus, motivation, friction) and which tends to pay off most. He shares rules of thumb such as starting wide, mining past wins, and mixing…

Lenny’s Newsletter♥ 70

All the ways to grow your product

Aug 23, 2022 · 10 min
Subscriber post — summary only

Lenny answers a reader's question about growth levers beyond his consumer growth series. He recaps the Racecar Growth Framework (kickstarts, growth engines, lubricants, turbo boosts), then introduces two mid-stage…

Lenny’s Newsletter♥ 93

How to win in consumer subscription

May 17, 2022 · 20 min
Subscriber post — summary only

Lenny draws on interviews with founders and product leaders at Noom, Duolingo, Grammarly, Calm, Spotify, Future, Flo and others to explain what helps consumer subscription apps last. The core argument is that winners…

Lenny’s Podcast145 min

5 questions to ask when your product stops growing

Jason Cohen · Jan 25, 2026
Key learnings
  • Compute your growth ceiling: new customers added per month divided by monthly cancellation rate gives the maximum customer count…
  • Ask 'what made you cancel?' rather than 'why did you cancel?' and use open-ended responses, since multiple-choice lists skew…
  • Be skeptical of 'too expensive' as a cancellation reason; customers who already bought didn't find the price too high, so dig…
Lenny’s Podcast114 min

Relentless curiosity, radical accountability, and HubSpot’s winning growth formula

Christopher Miller · Aug 10, 2023
Key learnings
  • Take ownership of problems nobody has claimed; a radical accountability mindset can surface opportunities the business hasn't…
  • Prioritize relentless curiosity and resilience when hiring or growing as a PM, since most growth experiments fail and you need…
  • Talk directly to customers and to non-customers; usage data shows what users do, but only qualitative conversations reveal why.
Lenny’s Podcast93 min

Lessons from scaling Ramp

Sri Batchu · Jun 25, 2023
Key learnings
  • Sequence B2B growth roughly as founder-led sales, first salespeople, low-cost targeted marketing like content and community, then…
  • Use early investor and founder relationships as a growth channel: getting influential operators onto the cap table can drive word…
  • Make every growth channel driven by technology and data, such as dedicated growth engineers automating sales workflows and…
Lenny’s Newsletter · Free post♥ 85

The Atomic Network

Dec 9, 2021 · 10 min

This excerpt from Andrew Chen's book argues that networked products should first build a small, self-sustaining 'atomic network' before expanding. The atomic network is the smallest unit that can stand on its own, and…

Lenny’s Newsletter♥ 147

Virality is a myth (mostly)

Jan 3, 2023 · 17 min
Subscriber post — summary only

Lenny Rachitsky argues that true viral growth is rare and short-lived, and that most products spike when a large one-to-many broadcaster shares them. Drawing on Derek Thompson's Hit Makers and examples like Spotify…

Lenny’s Podcast102 min

10 lessons on bootstrapping a $200m business

Patrick Campbell · Feb 19, 2023
Key learnings
  • Define your values by the trade-offs they force, and assess candidates against them during interviews so misfits are filtered out…
  • Ask whether your business can plausibly reach around $1 billion in annual revenue; if not, bootstrapping or building a…
  • Campbell argues ProfitWell should have raised money earlier, since it could have pursued a larger outcome sooner, so match…
Lenny’s Newsletter♥ 25

Finding your distribution advantage

Jun 22, 2021 · 9 min
Subscriber post — summary only

The post argues that distribution, not product alone, separates startups that succeed from those that fail, and that a unique distribution advantage is needed to reach audiences more cheaply than competitors. It lays…

Lenny’s Newsletter♥ 86

What is good monthly churn

Feb 8, 2022 · 10 min
Subscriber post — summary only

Lenny Rachitsky benchmarks what counts as good and great monthly SaaS churn, drawing on growth leaders and ProfitWell data across B2C, SMB/mid-market, and enterprise segments. He argues churn should be read by price…