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

20VC The Memo: Inside the Growth Engines of Facebook, Twitter, Instagram and Instacart with the Growth Leaders Who Built Them; How Instagram Went from 440M to 1BN, How Twitter Changing Their Signup Flow was a Needlemover and How Removing Card Payment Requ

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Mar 25, 2022
Dive into the growth secrets behind giants like Facebook and Instagram! Learn how Instagram skyrocketed from 440M to over 1B users in just 2.5 years. Discover the strategic shifts at Twitter that made signing up easier. Hear firsthand accounts of balancing data with gut instincts to fuel growth. Explore the importance of building strong growth models and the need for collaboration among founders. Plus, get insights on navigating equity management for startups and personal development in the fast-paced tech world.
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ANECDOTE

Experimentation and Iteration

  • A/B test major changes rapidly, even without extensive data, to identify needle-movers quickly.
  • In India, allowing cash payments for Uber, despite initial resistance, doubled conversion rates.
ADVICE

Growth Team Nuances

  • Tailor growth teams to your specific business, industry, and competitive landscape.
  • Avoid over-reliance on optimization; prioritize product innovation for substantial growth.
ANECDOTE

Signup Flow Optimization

  • Simplifying Twitter's signup flow by auto-generating usernames increased signups by 70,000 per week.
  • A small, agile team achieved this despite internal resistance, demonstrating the impact of small changes.
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