The Twenty Minute VC (20VC): Venture Capital | Startup Funding | The Pitch

20Growth: Top Growth Lessons from the Early Facebook, Twitter and Quora Days, The Most Important Question to Ask When Building Your Growth Team, How To Test For True Candidate Depth and Quality When Hiring for Growth with Andy Johns, Venture Partner @ Unu

13 snips
Nov 17, 2021
In a captivating discussion, Andy Johns, a growth leader with a storied past at Facebook, Twitter, and Quora, shares insights from his journey in tech. He reveals key lessons on scaling startups and the importance of product-market fit. Andy emphasizes the need for strategic hiring in growth roles and suggests essential questions for founders to consider. He also discusses the dynamics between growth and engineering teams, highlighting the balance between metrics and collaboration to propel startup success.
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ADVICE

Network Effects First

  • Determine if your business is network-effects driven before structuring your growth team.
  • Network effects businesses require a different growth approach than non-network effects businesses.
ADVICE

Post-PMF Growth

  • Don't hire a growth team until you have clear product-market fit, indicated by organic exponential growth.
  • Premature growth efforts without established product-market fit are inefficient.
ADVICE

First Growth Hire

  • For your first growth hire, look for someone with both product sense and technical skills.
  • An ideal early growth leader can analyze data, design experiments, and understand customer experience.
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