Mike Duboe (@mduboe) of Greylock, Dan Hockenmaier (@danhockenmaier) of Basis One, and Dave Weinstein, also of Basis One, join Erik on this episode.They discuss:- The impacts of the pandemic on businesses and what will be lasting versus temporary.- What makes food marketplaces an exciting investment in these times.- Why there will be a shift away from using data and experimentation in growth teams.- How to evaluate monetization and a re-thinking of how it interacts with growth.- The impact of the pandemic on hiring.- Opportunities in customer acquisition and marketing due to COVID-19.The final deadline for applications to our Network Catalyst accelerator is June 5th. Learn more and apply today at www.villageglobal.vc/network-catalyst.Thanks for listening — if you like what you hear, please review us on your favorite podcast platform. Check us out on the web at villageglobal.vc or get in touch with us on Twitter @villageglobal.
Erik is joined on this episode by Mike Duboe (@mduboe), investor at Greylock, Dan Hockenmaier (@danhockenmaier), of Basis One, and David Weinstein (@dw_stein), working on Special Projects at On Deck and TokenDaily.They talk about…* The history and different “eras” of growth as a standalone team.* Why there’s been a shift in mindset towards growth teams, how they will change in the next 5-10 years, and why relentless optimization has backfired for some companies.* Why you should think of user acquisition in terms of a loop rather than a funnel.* Why onboarding is the point that determines whether a user will be retained or not.* The fact that users acquired organically via word of mouth are much more likely to be retained than users that were acquired through paid channels.* Why investors should ask themselves, “if you took away any non-organic acquisition, are you still excited about the business?”* How to tell if a company’s growth is healthy and sustainable or not.* Stories from the guests’ time working at Tilt, Thumbtack and Stitch Fix.* The best structure for a growth team.* Common misconceptions about growth.Thanks for listening — if you like what you hear, please review us on your favorite podcast platform. Check us out on the web at villageglobal.vc or get in touch with us on Twitter @villageglobal.Venture Stories is brought to you by Village Global and is hosted by co-founder and partner, Erik Torenberg. Colin Campbell is our audio engineer and the show is produced by Brett Bolkowy.
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