Dear Reader,
Welcome to the 67th edition of the good reads newsletter by Malpani Ventures. Sharing your weekly dose of articles for this weekend’s reading!
Sign me up to get these Good Reads every week! 👇🏼
Giant Mistakes and Successes: Lessons From Growing Revenue From $10M To $50M
Lessons from the Codecademy growth team lead who helped the company grow from $10M in ARR to $50M ARR+ before it sold to a company called Skillsoft for $525M last year.
One of the tenants of “Growth” is that you should be able to test any idea you have a solid hypothesis behind. While I think this is valuable, it’s way more important to start with a solid foundation of best practices in your area.
“The business that can pay the most to acquire the customer will win.”
TBM 227: Explicit vs. Implicit Strategy
Good summary on setting goals and making it relatable for the organization:
It doesn't matter what the strategy is. What matters are the goals we commit to, our budgets, our forecasts, our promise, and our commitments. We will be held accountable for these things, and they will set the constraints of how we work.
JetBrains - Bootstrapping a $400m Revenues IDE
An incredibale story of a start-up born in Czech Republic which bootstrapped its way to $400m in revenues by creating tools for developers including the second most popular Integrated Development Environment (IDE) after Visual Studio.
Until next time!