Drawer 04 · 76 notes · 23 people · 2005–2026

Pricing & monetization

Pricing models, packaging, willingness to pay, and business models

Q:
Answers from Pricing & monetization notes, cited
Product Talk · Teresa TorresDec 6, 2011

Great Product Books: Where To Get Started

Dec 6, 2011 · 3 min

“I often get asked for book recommendations related to product management. This is a hard question to answer. There are a lot of great books out there. But I think the most important aspect of being a good product manager requires working from the perspective of the whole business. It'”

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 Podcast102 min

What AI means for your product strategy

Paul Adams · Oct 26, 2023
Key learnings
  • Before redesigning a product for AI, start from the core premise: why people use it and what problem it solves, then map what AI…
  • Treat AI as a strategic shift rather than a feature; Intercom ripped up its strategy and rebuilt from first principles after the…
  • Build real machine learning depth on the team, but spread AI skills across product teams instead of isolating AI work in a…
Lenny’s Podcast71 min

M&A, competition, pricing, and investing

Julia Schottenstein · Jul 13, 2023
Key learnings
  • Evaluate early-stage companies on four dimensions: people, market, product, and distribution, and recognize that no company will…
  • Look for signs of product spark, such as users who can't stop talking about the product and want to share it with teammates and…
  • Build a strong standalone offense so you have a viable alternative in every M&A conversation rather than needing to sell.
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 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…

Lenny’s Podcast80 min

Monetizing passions, scaling marketplaces, and stories from a creator economy vet

Camille Hearst · Aug 20, 2023
Key learnings
  • Creators often undervalue their work and avoid charging fans, but a fair value exchange is needed for creators to make a…
  • Subscription revenue creates a 'hamster wheel' where creators feel locked into constant output, so platforms should consider…
  • Early creators benefit from consistent, predictable publishing of quality work over time, which Camille has seen as a top success…
HEY World · Jason FriedDec 3, 2025

Introducing Fizzy, our newest product

Dec 3, 2025

Jason Fried announces Fizzy, a new kanban-style card-and-column tool from the team behind Basecamp. He argues that popular issue-tracking tools like Trello, Jira, and Asana have grown bloated and complicated, drifting…

SVPG · Marty CaganJan 11, 2023

Becoming a Product Coach

Jan 11, 2023 · 25 min

Marty Cagan argues that the product industry needs more skilled product coaches, and that many self-described coaches lack real product experience. He insists that effective product coaching must rest on relevant…

Lenny’s Newsletter · Free post♥ 250

What is a good activation rate

Oct 25, 2022 · 14 min

Lenny Rachitsky and growth advisor Yuriy Timen ran a benchmarking survey of over 500 product teams to answer what counts as a good activation rate. The article defines activation as the share of new users who reach a…

HEY World · Jason FriedAug 26, 2026

$5300 in $100s

Aug 26, 2026

Jason Fried describes an experiment for a free in-person Basecamp event in Chicago: attendees pay a $100 refundable deposit at registration and get the cash back at the door if they show up. The problem is that free…

Lenny’s Newsletter♥ 27

Why marketplaces fail

Apr 13, 2021 · 16 min
Subscriber post — summary only

Lenny Rachitsky explains why marketplaces fail, drawing on dozens of failed examples. He argues the core causes mirror any startup: lacking product-market fit on demand or supply, poor liquidity, weak unit economics…

SVPG · Marty CaganMay 12, 2007

Measuring Product Managers

May 12, 2007 · 3 min

Marty Cagan argues that the true measure of a product manager is the success of their product, but that picking the right success metric is hard. He proposes the Net Promoter Score (NPS), which asks customers how likely…

Lenny’s Newsletter♥ 93

Lessons from 140+ angel investments

Jan 25, 2022 · 25 min
Subscriber post — summary only

Lenny Rachitsky reviews more than 140 of his angel investments, sharing seven surprises, a practical path into angel investing, and his startup evaluation criteria. His core argument is that access to good deals and a…

SVPG · Marty CaganDec 18, 2007

Solutions Products vs. Solutions Marketing

Dec 18, 2007 · 4 min

Marty Cagan and Martina Lauchengco argue that the terms "product" and "solution" are often misused, especially in enterprise and infrastructure software. They define a real product as one customers pay for, that works…

Lenny’s Newsletter♥ 41

How to increase virality

Feb 2, 2021 · 13 min
Subscriber post — summary only

The post answers how to increase a product's virality, first arguing that virality should only be a primary growth engine when the product naturally suits it, versus performance marketing, content, or sales. It defines…

SVPG · Marty CaganFeb 28, 2006

Death of a Salesman

Feb 28, 2006 · 4 min

Cagan argues that the traditional role of the salesperson is shrinking as customers now research, trial, and buy products online before ever talking to a rep. He identifies the main barriers that kept people buying…