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How to design a referral program

Andrew Chen

It’s said that the first documented referral program was created by Julius Caesar, who in 55 BC would paid his soldiers 300 sestertii (something like a third of their annual pay) to refer a friend to join the army. When do you ask the user to refer? Why do you refer? Is it tied to a holiday, or a particular promotion?

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How to build a growth team – lessons from Uber, Hubspot, and others (50 slides)

Andrew Chen

Check them out for more practical reference materials on this topic). There’s a long laundry list of skills that are critical, but not often considered core to the product: adtech integrations, signup funnel A/B testing, optimizing notification delivery, testing price points, testing cohort curves, etc.

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a16z Podcast: Why paid marketing sucks, Network effects, Viral Growth, and more

Andrew Chen

Why onboarding is so important for retention/churn. And we cover everything from the basics of growth and defining key metrics to know, to the nuances of paid vs organic marketing and the role of network effects and more. Including, as always, key metrics and how to think about them. Why blended CAC numbers are misleading.

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What to look for when you’re hiring a Head of Growth

Andrew Chen

It requires the founders to be very involved onboarding users, sometimes one-by-one, into the product. After that, it’s time to stamp out these networks in a more repeatable fashion — this is when the market begins to “tip” in your direction, and in the book, I refer to this stage as The Tipping Point.

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28 ways to grow supply in a marketplace — by Lenny Rachitsky, ex-Airbnb

Andrew Chen

What : Incentivize word-of-mouth by paying existing members for every new member they refer to the platform. What : Incentivize content producers to send you traffic by paying them for every member they refer. Retention metrics roundup of articles and links by Andrew Chen. Gustaf Alströmer, ex-Airbnb Growth Lead, Partner at YC.

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28 ways to grow supply in a marketplace — by Lenny Rachitsky, ex-Airbnb

Andrew Chen

What : Incentivize word-of-mouth by paying existing members for every new member they refer to the platform. What : Incentivize content producers to send you traffic by paying them for every member they refer. Retention metrics roundup of articles and links by Andrew Chen. Gustaf Alströmer, ex-Airbnb Growth Lead, Partner at YC.