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April 15, 2015
Thoughts on GrowthJosh Elman @joshelman
Josh Elman
Growth circa 1995
Growth today
Growth today
Josh Elman @joshelman , Greylock @greylockvc
Growth Key Questions
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1. Problem: what do people want?2. Inception: how do we make them aware?3. Adoption: how can we get them going?4. Retention: how does it become a habit?
Josh Elman @joshelman , Greylock @greylockvc
credit: wwarby on Flickr
Measure the things that matter
Someone who Tweets?
Someone who wants to stay up to date with friends?
Someone who cares about realtime news?
Someone who wants to know what’s happening in their world
Someone who wants to tell everyone
what they had for breakfast
Someone who wants to
know what their friends
had for breakfast
Our mission: instantly connect people everywhere to what’s most meaningful to them.
Feb 14, 2011 from Barcelona, Spain
@dickc Dick Costolo
credit: wwarby on Flickr
Measure the things that matter
Viral Invites
SEO
Social
PR
PR
In Person
Josh Elman @joshelman , Greylock @greylockvc
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Josh Elman @joshelman , Greylock @greylockvc
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Josh Elman @joshelman , Greylock @greylockvc
The Learn Flow
Josh Elman @joshelman , Greylock @greylockvc
When someone signs up...
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Everyone else is on it, might as well try
I saw it featured in the App StoreMy friend Julie sent
me an invite email
Free Trial, I’ll give it a shot
Kim Kardashian tweeted about this cool new app
Josh Elman @joshelman , Greylock @greylockvc
Josh Elman @joshelman , Greylock @greylockvc
YOU HAVE MORE ATTENTION NOW THAN YOU EVER WILL AGAIN
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Josh Elman @joshelman , Greylock @greylockvc
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Josh Elman @joshelman , Greylock @greylockvc
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Josh Elman @joshelman , Greylock @greylockvc
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Josh Elman @joshelman , Greylock @greylockvc
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0
Twit·Vidn. a simple video sharingoption for your tweets.
Home
@stoptest7
Direct Messages
Favorites
Retweets
Search
Lists
Trending: Worldwide
Following
RSS feed
© 2010 Twitter About Us Contact Blog Status Goodies API Business Help Jobs Terms Privacy
Home Profile Find People Settings Help Sign out
What’s happening? 140
TweetTweet
What to do now:1. Tell us what you’re doing in the box above
2. Find some friends and follow what they’re doing
3. Turn on your mobile phone to update your friends on the go
Home
stoptest70 tweets
0
following
0
followers
0
listed
Josh Elman @joshelman , Greylock @greylockvc
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Josh Elman @joshelman , Greylock @greylockvc
Josh Elman @joshelman , Greylock @greylockvc
THIS IS YOUR BEST CHANCE TO HELP SOMEONE UNDERSTAND YOUR
PRODUCT. SO TEACH!
37
Josh Elman @joshelman , Greylock @greylockvc
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Josh Elman @joshelman , Greylock @greylockvc
Slow down, it’s ok to explain
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Josh Elman @joshelman , Greylock @greylockvc
But don’t just tell, get users to engage
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Josh Elman @joshelman , Greylock @greylockvc
Give context and framing
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Josh Elman @joshelman , Greylock @greylockvc
Ask when it’s appropriate, not first
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Josh Elman @joshelman , Greylock @greylockvc
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Josh Elman @joshelman , Greylock @greylockvc
THE BEST LEARNING COMES FROM MAKING CONSCIOUS DECISIONS
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Josh Elman @joshelman , Greylock @greylockvc
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Josh Elman @joshelman , Greylock @greylockvc
Josh Elman @joshelman , Greylock @greylockvc
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Josh Elman @joshelman , Greylock @greylockvc
The Best Learn Flows
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1. Take their time2. Break down the product into steps3. Ask questions instead of explaining 4. Start with the easy questions first5. Put the user into the product only when
ready (but allow skipping)Josh Elman @joshelman , Greylock @greylockvc
credit: wwarby on Flickr
Josh Elman @joshelman , Greylock @greylockvc # days visited in month 1
% w
ho vi
sited
N d
ays i
n m
onth
2
Step 1: Analyze month over month usage
Josh Elman @joshelman , Greylock @greylockvc
Step 2: Determine who is “core”
51
0%#10%#20%#30%#40%#50%#60%#70%#80%#90%#100%#
1# 2# 3# 4# 5# 6# 7# 8# 9# 10# 11# 12# 13# 14# 15# 16# 17# 18# 19# 20# 21# 22# 23# 24# 25# 26# 27# 28# 29# 30# 31# 32#
Reten%on'Rate'based'on'#'%mes'used'in'month'1'
Josh Elman @joshelman , Greylock @greylockvc
Step 3: Understand activations
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CORE
CURIOUS
NEW CASUAL
COLD
20%
90%
40%
40%
40%
8%
50%
10%
95%
4%1%
Josh Elman @joshelman , Greylock @greylockvc
Step 4: Figure out why
53
Following more than 30 accounts 1/3 - mutual follows2/3 - one-way follows
Josh Elman @joshelman , Greylock @greylockvc
Step 5:
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Be Creative. Use your data. Build features.
Ship. Test. Learn.
Josh Elman @joshelman , Greylock @greylockvc
April 15, 2015
Thoughts on GrowthJosh Elman @joshelman