Bloodbath in the public markets, Andreesen's Law of irrelevance, go niche or go home, and more...
👋 Hey, Ruchin here! Welcome to this week’s edition of the ✨Top of the Lyne✨ newsletter. Each week we publish the hottest news from the beautiful world of product-led growth! (PLG)
The outcome we're shooting for is simple... to get enough folks excited about the product-led world that we so dearly love ❤️
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Into the Twitterverse 🐦🌌
We have to start with the bloodbath in the public markets 💀
This video summarized most of our moods perfectly 😬
Go niche or go home🚀
How does one go from 0 to 3M users in 6 months… How?
“Don’t be afraid to go niche”
Olivia Moore’s article captures how Discord started small within Reddit’s Final Fantasy community.
PLG dominates the SaaS secondary markets 🔥
Nearly every SaaS company on Pitchbook’s 30 most sought-after startups on the secondary market are PLG companies - Stripe, Airtable, Canva, Figma, Snyk 👩🏻💻
The SMB markets are deeper than any of us realize… 🤷🏻♂️
Just look at Hubspot, which is accelerating… yes, ACCELERATING… as it gets past $1B in ARR 🤯
Tesla Roadster vs. Bugatti Chiron reminded us of what PLG apps feel like vs. their old-timey competitors 🏎
Stripe vs. Paypal
Canva vs. Adobe
Notion vs. Word
The list goes on
For all the “technical” perfectionists out there, @pmarca offers a reality check 😬
Andreesen’s Law: Every technology becomes technically perfect at the precise moment when it becomes irrelevant.
🔎 The PLG hunt
The world’s largest ecosystem for building no-code applications…👩🏻💻
That’s what Softr has set out to build. In just a year, the German company’s no-code web app building platform has attracted ~35,000 business and creator customers. Softr’s use cases range from custom apps to marketplaces, online communities, internal tools, client portals, directories, and more - currently powered by Airtable data, but set to become data-source agnostic very soon.
They announced their Series A round earlier this week:Excited to announce our $13.5M Series A round at led by at FirstMark Capital, and 35+ amazing angels, the world’s top minds in product, growth and community. 🎉🚀 We are building the world’s largest ecosystem for no-code apps. softr.io/blog/worlds-la…
Which hot and upcoming PLG company are you most excited about? 👇🏻
Growth Stories 🚀
Introducing Scratchpad, the app with a mind-blowing 60% DAU/WAU ratio 🤯
In a world where the skillsets that make a great salesperson remain elusive, mysterious & rare, why would you waste their time scrambling to update records on Salesforce? Sales folk, meet Scratchpad. (That is if you haven’t, already.)
The average Scratchpad user uses Scratchpad 3 out of 5 working days a week! According to David Sacks, once a Sales rep started using Scratchpad, two things tend to happen: (1) it becomes a daily habit, and (2) they share it with their teammates." Here’s the whole scoop:
Fundraising, Venture Capital and Exits 🤑
Say hello to better workdays ⏰
Clockwise’s mission to rework the workday and make time for what matters kicks into next gear with the latest round of funding led by Coatue.We’re proud to announce our $45M Series C to help bring a new way of working to more people worldwide. Led by Coatue, Ventures participated along with existing investors , & .
Read more about this beautiful little Chrome extension here.
If you prefer to listen rather than read, tune into the Clockwise story on the Top of the Lyne podcast 🎙:
Launches, events, and releases
Conditional logic for your unconditional love of automation
Now you can prime Airtable automations to do exactly what you want. 🦾
Thank you, Notion. Was that so hard?🤣
No more pulling your hair out trying to select text within and across multiple blocks.
Nerding out on PLG 🤓📚
“Amp It Up” - ❄️ Snowflake CEO Frank Slootman’s new book on Hypergrowth is…unique
Snowflake CEO and Chairman Frank Slootman and Harry Stebbings cover a lot of ground here from prioritization, performance reviews, and what makes good people great… to the art of leadership and board management.
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