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EDITION No. 115
Thu, Jul 16, 2026
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Rishikesh Ranjan
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Rishikesh Ranjan

Growth & GTM

I reverse-engineer how the fastest-growing companies actually grow — teardowns, playbooks, and field notes for people already in the trenches.

89 experiments.

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How Midjourney Hit $500M ARR With Zero VC and Zero Marketing095Acquisition

How Midjourney Hit $500M ARR With Zero VC and Zero Marketing

How an 11-person team with zero VC and zero marketing budget built a $500M revenue machine on Discord.

Teardown7.7k reads · 7d12 min · Dec 17
$300M in 11 Months: The Rise and Reckoning of Higgsfield AI101Referral

$300M in 11 Months: The Rise and Reckoning of Higgsfield AI

How Higgsfield AI hit $300M ARR in 11 months with multi-model aggregation, influencer distribution, and extreme shipping velocity, then faced a reputation crisis.

Teardown5.7k reads · 7d13 min · Mar 5
How Wispr Flow Killed the Keyboard and Hit 40% Monthly Growth109Retention

How Wispr Flow Killed the Keyboard and Hit 40% Monthly Growth

Two Stanford roommates spent two years building a neural wristband nobody wanted. Then they pivoted to voice, and everything changed.

Teardown2.7k reads · 7d19 min · Apr 6
From Near-Shutdown to $40 M ARR: How Bolt.new Hacked Its Growth082Activation

From Near-Shutdown to $40 M ARR: How Bolt.new Hacked Its Growth

Steal Bolt.new’s Growth Playbook.

Teardown1.9k reads · 7d19 min · Jun 2
How Lovable Hit $100M ARR in 8 Months (Then $500M in 19)079Acquisition

How Lovable Hit $100M ARR in 8 Months (Then $500M in 19)

Launch to a $500M run rate in 19 months with 146 people. The engines behind it, and the cracks under it.

Teardown1.8k reads · 7d10 min · May 5
How Replit Hacked Its Growth - Everything that you can adopt. 078Referral

How Replit Hacked Its Growth - Everything that you can adopt.

The Growth Blueprint Behind Replit: Viral Loops, Community Flywheels, and Smart Monetization

Teardown1.5k reads · 7d39 min · Apr 29
How ElevenLabs Hit $330M ARR: The Three-Platform Flywheel That Conquered Enterprise AI102Referral

How ElevenLabs Hit $330M ARR: The Three-Platform Flywheel That Conquered Enterprise AI

The ElevenLabs GTM Playbook. How a PLG Voice Platform Conquered 41% of Fortune 500 Companies.

Teardown1.2k reads · 7d8 min · Mar 9
Credits Are the New Seats (And They'll Die the Same Way)105Revenue

Credits Are the New Seats (And They'll Die the Same Way)

A framework for choosing the AI pricing model that actually fits your product.

Essay963 reads · 7d7 min · Mar 23
Loom Growth Teardown: Chrome Extension to $975M Exit104Revenue

Loom Growth Teardown: Chrome Extension to $975M Exit

3 pivots, a COVID growth hack, 25M users at $2/year revenue, and a post-acquisition meltdown. The real story behind Loom's billion-dollar journey.

Teardown777 reads · 7d10 min · Mar 23
Why is June.so joining Amplitude? and what does it mean for Growth Hackers and GTM Engineers? 086Revenue

Why is June.so joining Amplitude? and what does it mean for Growth Hackers and GTM Engineers?

the story behind 2 product analytics tools merging and how to make sure that you don't get crushed between these 2.

Essay618 reads · 7d6 min · Jul 18
How Gamma Turned a 95% Drop-Off into $100M ARR099Activation

How Gamma Turned a 95% Drop-Off into $100M ARR

How Gamma turned a 95% drop-off rate into $100M ARR and a $2.1B valuation with 50 employees, 5 growth strategies you can steal.

Teardown609 reads · 7d7 min · Feb 28
The Tinder Growth Story: How Focusing on a Specific Market and Constant Innovation Led to Global Success005Acquisition

The Tinder Growth Story: How Focusing on a Specific Market and Constant Innovation Led to Global Success

Teardown609 reads · 7d3 min · May 19
How Perplexity Hacked Its Growth – Everything You Can Adopt from It080Acquisition

How Perplexity Hacked Its Growth – Everything You Can Adopt from It

Unpacking the loops, product bets, and bold moves behind AI search’s fastest riser.

Teardown588 reads · 7d17 min · May 9
How a B2B Analytics Company Became the Coolest Brand in Dev Tools108Acquisition

How a B2B Analytics Company Became the Coolest Brand in Dev Tools

The PostHog Branding Playbook. 10 layers of brand that turned a product analytics startup into a cult. Every layer is stealable.

Playbook498 reads · 7d18 min · Apr 3
How Cursor AI Hacked Growth and Re-Wrote Growth Playbook for Dev-Tools!084Acquisition

How Cursor AI Hacked Growth and Re-Wrote Growth Playbook for Dev-Tools!

From Hack-Weekend Project to $200M ARR.

Playbook453 reads · 7d14 min · Jun 22
Canva's Product Led Growth - All You Need to Know036Revenue

Canva's Product Led Growth - All You Need to Know

The Canva's Playbook on How to Get Your Product to Sell Itself!

Teardown333 reads · 7d13 min · May 6
Slack's Product Led Growth - All You Need to Know033Referral

Slack's Product Led Growth - All You Need to Know

The Slack Playbook on How to Get Your Product to Sell Itself!

Teardown315 reads · 7d8 min · Apr 22
The Trojan Horse Playbook: How Ramp Built $32B on a Loss Leader106Revenue

The Trojan Horse Playbook: How Ramp Built $32B on a Loss Leader

The razor-and-blade playbook that turned thin interchange margins into $1B revenue and 30%+ software profit.

Teardown300 reads · 7d7 min · Mar 28
7 AI Video Tools for Business (2026)098Acquisition

7 AI Video Tools for Business (2026)

I tested every major AI video platform for business use cases. Here’s which ones are actually worth your team’s time.

Field Note282 reads · 7d7 min · Feb 25
Agent-First GTM : How AI Agents Let Jacob Bank Run a One-Person GTM at Relay.app087Acquisition

Agent-First GTM : How AI Agents Let Jacob Bank Run a One-Person GTM at Relay.app

From zero users to 1,000 paying customers, (no ads, no growth team) just a founder, a swarm of AI agents, six-star support, and one high-leverage channel per stage.

Essay255 reads · 7d10 min · Aug 4
The AI SDR Playbook: What Actually Works in 2026107Revenue

The AI SDR Playbook: What Actually Works in 2026

50-70% of companies churn off AI SDR tools before renewal. Learn the decision framework, real costs ($35K-$65K/yr), and hybrid model that drives 2.3x more revenue.

Playbook252 reads · 7d10 min · Mar 30
Growth Funnels vs. Growth Loops097Acquisition

Growth Funnels vs. Growth Loops

Funnels leak. Loops compound. A practical guide to designing growth that feeds itself.

Essay249 reads · 7d6 min · Feb 18
How Figma Walked Away from $20 Billion and Built Something Worth More103Acquisition

How Figma Walked Away from $20 Billion and Built Something Worth More

From Thiel Fellowship dropout to $1B revenue, IPO, and the AI credit bet that could define the next decade of design.

Teardown234 reads · 7d7 min · Mar 12
What are Growth Loops and How to use them.076Acquisition

What are Growth Loops and How to use them.

And it's hiding in plain sight—used by companies like TikTok, Notion, and Reddit.

Playbook228 reads · 7d6 min · Apr 7
How Ben Horowitz defines Good Product Manager vs Bad Product Manager?060Revenue

How Ben Horowitz defines Good Product Manager vs Bad Product Manager?

Essay174 reads · 7d20 min · Jul 22
How Duolingo Hooks Users?070Retention

How Duolingo Hooks Users?

How Duolingo's Strategies Turn Language Learning into an Addictive Daily Habit and What Startups Can Learn from It. Lessons in Engagement and Retention.

Teardown162 reads · 7d16 min · Sep 2
How Anthropic and Claude.ai Hacked Growth – Can you Adopt anything From It?081Acquisition

How Anthropic and Claude.ai Hacked Growth – Can you Adopt anything From It?

From stealth to $60 B: the growth hacks behind Anthropic & Claude.ai that every AI startup can steal

Essay132 reads · 7d11 min · May 24
Grammarly's Product-Led Growth: Deconstructing Their Tactics & How You Can Replicate Them039Revenue

Grammarly's Product-Led Growth: Deconstructing Their Tactics & How You Can Replicate Them

The Ultimate Guide to Replicating Grammarly's PLG Success

Teardown105 reads · 7d13 min · May 20
How "Customer obsession" helped build a multi-million dollar company - The Story of Freo (MoneyTap)010Acquisition

How "Customer obsession" helped build a multi-million dollar company - The Story of Freo (MoneyTap)

Essay96 reads · 7d10 min · Nov 19
GaaS Is Coming: What Jensen Huang’s GTC Keynote Means for Growth Teams100Revenue

GaaS Is Coming: What Jensen Huang’s GTC Keynote Means for Growth Teams

Learn why seat compression is killing SaaS revenue, how Intercom's $0.99/resolution model hit nine-figure ARR, and 5 moves growth

Essay87 reads · 7d9 min · Mar 1
The Innovative Netflix Business Model: From DVD Rentals to Original Content Creation013Revenue

The Innovative Netflix Business Model: From DVD Rentals to Original Content Creation

Teardown87 reads · 7d7 min · Feb 18
5 Reasons AI Answer Engines Ignore Your Site (& How to Get Cited)091Acquisition

5 Reasons AI Answer Engines Ignore Your Site (& How to Get Cited)

Why ChatGPT, Perplexity, Google AI Overviews, Gemini, Claude and others are not citing your website?

Playbook84 reads · 7d7 min · Sep 1
User Behavior Analytics: A Guide to Understanding and Optimizing Customer Journeys027Activation

User Behavior Analytics: A Guide to Understanding and Optimizing Customer Journeys

Playbook84 reads · 7d10 min · Jul 3
Problem Validation vs. Solution Validation vs. Product Validation - Understand the Difference031Activation

Problem Validation vs. Solution Validation vs. Product Validation - Understand the Difference

Essay81 reads · 7d2 min · Jan 2
Why 95% of the Startups fail? and How to Break the Cycle035Acquisition

Why 95% of the Startups fail? and How to Break the Cycle

Key Mistakes to Avoid as a First-Time Founder!

Essay72 reads · 7d5 min · May 2
ai toolkit of a growth hacker & gtm engineer089Acquisition

ai toolkit of a growth hacker & gtm engineer

my 10x productivity boosters. my growth/tech stack.

Field Note69 reads · 7d10 min · Aug 18
Hacking Growth with GPT-5088Acquisition

Hacking Growth with GPT-5

turn gpt-5 into an always-on growth engine: measurable, repeatable, fast.

Essay69 reads · 7d7 min · Aug 11
So, You're Thinking About Product-Led Growth (PLG), Huh?041Activation

So, You're Thinking About Product-Led Growth (PLG), Huh?

Essay66 reads · 7d8 min · Jun 17
Customer retention benchmarks for SaaS: 90% annual logo retention, under 2% monthly churn, 112% net revenue retention, and 38% DAU/MAU stickiness.114Retention

Customer Retention Metrics: The 12 That Matter Most

A reference to the customer retention metrics worth tracking: what each measures, what good looks like for SaaS, and which one to make your north star.

Essay63 reads · 7d6 min · Jun 28
Customer Retention Strategies That Move the Number111Retention

Customer Retention Strategies That Move the Number

The retention plays that actually shift the curve, with named-company proof and the metric to watch for each.

Playbook63 reads · 7d11 min · Jun 27
Acquisition and retention share one set of unit economics: blended B2B SaaS CAC is about $900, the healthy LTV:CAC floor is 3:1, and keeping a customer is 5 to 7 times cheaper than winning a new one.115Retention

Customer Acquisition and Retention: How to Balance Both

Why acquisition and retention are one growth system, where they meet in LTV:CAC, and how to weight the two by stage.

Essay60 reads · 7d5 min · Jun 28
How we used our Existing Users to Gain More Users?085Referral

How we used our Existing Users to Gain More Users?

with Real-World Examples & Implementation Tips...

Essay60 reads · 7d17 min · Jun 27
What happens when you don't steal like an artist? and 24 products that failed...083Acquisition

What happens when you don't steal like an artist? and 24 products that failed...

Twenty-four copycats, twenty-four shutdowns, what their collapse teaches about real innovation

Essay60 reads · 7d18 min · Jun 11
Harmful Side Effects of Designing UX in Vacuum.077Retention

Harmful Side Effects of Designing UX in Vacuum.

Why solo-designer magic turns into product mayhem, and five quick fixes to break the bubble.

Essay60 reads · 7d6 min · Apr 28
Paypal's secret recipe for success003Acquisition

Paypal's secret recipe for success

Teardown60 reads · 7d5 min · Mar 16
Customer Acquisition Strategy: A Channel Playbook113Acquisition

Customer Acquisition Strategy: A Channel Playbook

A channel-by-channel customer acquisition playbook, with named-company proof and the metric to watch for each.

Playbook57 reads · 7d9 min · Jun 27
What Is Customer Retention (and Why It Decides Growth)110Retention

What Is Customer Retention (and Why It Decides Growth)

A plain-English definition of customer retention, why it beats acquisition on the math, and how to measure it.

Essay57 reads · 7d7 min · Jun 27
A/B testing a product feature - Straight Forward006Acquisition

A/B testing a product feature - Straight Forward

Essay57 reads · 7d2 min · Jun 18
Misinterpreting and Finding the [REAL] Product-Market Fit032Retention

Misinterpreting and Finding the [REAL] Product-Market Fit

Essay48 reads · 7d8 min · Feb 15
What Is Customer Acquisition (and What It Costs)112Acquisition

What Is Customer Acquisition (and What It Costs)

A plain-English definition of customer acquisition, the funnel it runs through, what it costs by industry, and how it stacks up against retention.

Essay45 reads · 7d9 min · Jun 27
10 things that helped us with acquiring more customers.090Acquisition

10 things that helped us with acquiring more customers.

10 low hanging, low-effort, fast to ship, easy to measure hacks/tactics/move.

Field Note45 reads · 7d7 min · Aug 25
Growth experiment that turned inbound sign-ups into high-ticket deals093Revenue

Growth experiment that turned inbound sign-ups into high-ticket deals

The Juicy Customer Workflow: How We Turned Random Inbound Sign-ups into High-Ticket Deals

Essay42 reads · 7d7 min · Sep 30
Why Startups Should Be Customer-Obsessed, Not Product or Sales-Obsessed073Revenue

Why Startups Should Be Customer-Obsessed, Not Product or Sales-Obsessed

Stop Worshiping Your Product—Your Customers Don’t Care (Yet!)

Essay42 reads · 7d5 min · Feb 26
How PLG Outperforms Traditional Sales Strategies in B2B?069Acquisition

How PLG Outperforms Traditional Sales Strategies in B2B?

Product-Led Growth is transforming B2B growth strategies, reducing acquisition costs, and empowering users to drive organic expansion.

Essay42 reads · 7d25 min · Aug 28
Results-Driven Growth Hacking by Rishikesh - Consultancy037Revenue

Results-Driven Growth Hacking by Rishikesh - Consultancy

Working with me is a roadmap to sustainable, and exponential growth.

Essay42 reads · 7d3 min · May 10
Netflix's Product-Led Growth - All You Need to Know034Activation

Netflix's Product-Led Growth - All You Need to Know

The Netflix Playbook on How to Get Your Product to Sell Itself!

Teardown42 reads · 7d11 min · Apr 29
Top 10 Product Growth Books every Product Marketer should read.002Acquisition

Top 10 Product Growth Books every Product Marketer should read.

Field Note39 reads · 7d11 min · Feb 21
Product Growth: Leveraging Product Metrics, Cohorts, and Counter-Metrics for Sustainable Success020Retention

Product Growth: Leveraging Product Metrics, Cohorts, and Counter-Metrics for Sustainable Success

Essay36 reads · 7d11 min · May 20
For Founders: How a GTM Engineer Can Unblock Your Revenue Engine.094Revenue

For Founders: How a GTM Engineer Can Unblock Your Revenue Engine.

Introducing the hybrid role that combines engineering discipline with revenue obsession.

Essay33 reads · 7d8 min · Oct 16
User Onboarding - How a Little Friction Can Boost Your Product’s Success!!!075Activation

User Onboarding - How a Little Friction Can Boost Your Product’s Success!!!

Striking the Right Balance Between Easy Sign-Ups and Truly Engaged Users. How much frictionLess is too much frictionLess?

Essay33 reads · 7d8 min · Apr 1
The PLG Framework: Your hands-on Guide to Product-Led Growth040Acquisition

The PLG Framework: Your hands-on Guide to Product-Led Growth

This guide will equip you with the tools, tactics, and insights you need to harness the power of your product to drive sustainable growth.

Playbook33 reads · 7d21 min · Jun 3
Exploring the Rise of Product-Led Growth: A Brief History and Methodology017Acquisition

Exploring the Rise of Product-Led Growth: A Brief History and Methodology

Teardown33 reads · 7d9 min · Apr 8
Start Here092Acquisition

Start Here

Where growth hacking meets GTM engineering (and nothing is just theory)

Essay30 reads · 7d1 min · Sep 17
If Your Product Is Perfect, Then Why Is NO one Listening?074Acquisition

If Your Product Is Perfect, Then Why Is NO one Listening?

Tired of Being Ignored? Let’s Fix Your Product Positioning! - Straight-Talk Strategies to Grab Attention in a Busy World

Essay30 reads · 7d8 min · Mar 3
5 Product Growth Hacks That Will absolutely Dominate 2025072Referral

5 Product Growth Hacks That Will absolutely Dominate 2025

5 Strategies for Turning Your Product into a High-Growth Powerhouse in the AI-Driven Era

Field Note30 reads · 7d3 min · Feb 20
How Netflix, Apple, Slack & Starbucks Won the Billion-Dollar Market029Retention

How Netflix, Apple, Slack & Starbucks Won the Billion-Dollar Market

Teardown30 reads · 7d3 min · Jul 31
The Importance of Product Positioning in Marketing014Acquisition

The Importance of Product Positioning in Marketing

Essay30 reads · 7d5 min · Mar 18
How Stack Overflow achieved product growth by treating different people differently011Revenue

How Stack Overflow achieved product growth by treating different people differently

Essay30 reads · 7d2 min · Dec 18
A Comprehensive Guide to Data-Driven Product Growth Strategies and Cross-Functional Collaboration021Acquisition

A Comprehensive Guide to Data-Driven Product Growth Strategies and Cross-Functional Collaboration

Playbook27 reads · 7d11 min · May 27
Top 5 free User Behavior Tracking Tools012Acquisition

Top 5 free User Behavior Tracking Tools

Field Note27 reads · 7d2 min · Jan 19
Story of Yelp's Product Growth: From a Slow Start to a Must-Have Service001Activation

Story of Yelp's Product Growth: From a Slow Start to a Must-Have Service

Essay27 reads · 7d4 min · Jan 14
Utilizing Customer Journeys, User Research, and Data Metrics for Product Growth Success023Activation

Utilizing Customer Journeys, User Research, and Data Metrics for Product Growth Success

Essay24 reads · 7d15 min · Jun 10
User Behaviour Tracking: How Understanding User Behaviour drives the growth of your Product.009Acquisition

User Behaviour Tracking: How Understanding User Behaviour drives the growth of your Product.

Essay24 reads · 7d4 min · Oct 19
Startup's roadmap to failure: what you must NOT do!048Activation

Startup's roadmap to failure: what you must NOT do!

Playbook21 reads · 7d19 min · Jul 8
Viral Growth of UPI in India and the World038Acquisition

Viral Growth of UPI in India and the World

How and Why UPI is Growing?

Essay21 reads · 7d10 min · May 13
7 Hidden Secrets to PRODUCT MARKETING Success You Never Knew!030Acquisition

7 Hidden Secrets to PRODUCT MARKETING Success You Never Knew!

Field Note21 reads · 7d14 min · Aug 8
Field of Dreams Fallacy: Why just building your product is not enough? Part II025Acquisition

Field of Dreams Fallacy: Why just building your product is not enough? Part II

Essay21 reads · 7d17 min · Jun 25
How to Effectively Use Data Analysis to Interpret User and Customer Behavior?019Revenue

How to Effectively Use Data Analysis to Interpret User and Customer Behavior?

Playbook21 reads · 7d6 min · May 13
Finding the Sweet Spot: 3 Essential Steps to Attain Product Market Fit018Revenue

Finding the Sweet Spot: 3 Essential Steps to Attain Product Market Fit

Learn the three principles to navigate and reach product-market fit as an early-stage founder and how to ask people to buy as early as possible, be intentional about your target market, and focus on b

Playbook21 reads · 7d7 min · Apr 22
How Data Analysis and User Experience Strategies Led to Unprecedented Growth of Twitter.007Retention

How Data Analysis and User Experience Strategies Led to Unprecedented Growth of Twitter.

Essay21 reads · 7d5 min · Jul 20
The Field of Dreams Fallacy: Why Building a Great Product Isn't Enough?004Acquisition

The Field of Dreams Fallacy: Why Building a Great Product Isn't Enough?

Essay21 reads · 7d4 min · Apr 21
how to do marketing research when...071Activation

how to do marketing research when...

Do You Really Know What Your Customers Want? A Straight-forward Guide to Marketing Research

Playbook18 reads · 7d5 min · Jan 7
Benchmarking and Prioritization in Product Growth022Acquisition

Benchmarking and Prioritization in Product Growth

Playbook18 reads · 7d10 min · Jun 3
Product Market Fit: Everything You Need To Know.026Acquisition

Product Market Fit: Everything You Need To Know.

Essay15 reads · 7d26 min · Jun 28
Gamification to Fuel Sustainable Product Growth024Retention

Gamification to Fuel Sustainable Product Growth

Essay15 reads · 7d11 min · Jun 17
What is User Behavior Analysis? 4 Essential Methods and 1 Secret Weapon to Outshine Your Competition016Activation

What is User Behavior Analysis? 4 Essential Methods and 1 Secret Weapon to Outshine Your Competition

Playbook15 reads · 7d3 min · Apr 1
Who are Product Marketing Managers? What does a product marketing manager do?015Acquisition

Who are Product Marketing Managers? What does a product marketing manager do?

Essay15 reads · 7d4 min · Mar 25
Stand Out from the Crowd: The Importance of Product Positioning008Acquisition

Stand Out from the Crowd: The Importance of Product Positioning

Essay15 reads · 7d3 min · Sep 18
Measuring Success in Product-Led Growth028Retention

Measuring Success in Product-Led Growth

Essay9 reads · 7d15 min · Jul 10

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