In Depth

Lessons from Sentry on scaling DevTools and finding product market fit (again) | Milin Desai (Sentry, VMware, Riverbed)


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Milin Desai is the CEO at Sentry, an application monitoring tool for developers. Sentry has recently passed two key milestones: 100K customers and over $100M in ARR. Before Sentry, Milin was a GM at VMware and scaled their cloud networking into a billion-dollar business. Prior to stepping into leadership roles, Milin was a PM at Riverbed and a software engineer at Veritas.

In today’s episode, we discuss:

  • The key ingredients of Sentry’s success
  • Sentry’s developer-centric approach
  • Lessons on pricing, packaging, and product from VMware
  • Being an external CEO at a startup
  • Forging successful relationships with founders
  • Referenced:

    • Building for the Fortune 500,000: https://blog.sentry.io/building-for-the-fortune-500-000/
    • Carl Eschenbach: https://www.linkedin.com/in/carl-eschenbach-980543/
    • Chris Jennings: https://www.linkedin.com/in/chriskjennings/
    • David Cramer: https://www.linkedin.com/in/dmcramer/
    • FRC’s product market fit framework: https://pmf.firstround.com/
    • Martin Casado: https://www.linkedin.com/in/martincasado/
    • Pat Gelsinger: https://www.linkedin.com/in/patgelsinger/
    • Raghu Raghuram: https://www.linkedin.com/in/raghuraghuram/
    • Riverbed: https://www.riverbed.com/
    • Sentry: https://sentry.io/
    • Todd Bazakas: https://www.linkedin.com/in/todd-bazakas-b5a2533/
    • Veritas: https://www.veritas.com/
    • VMware: https://www.vmware.com/
    • Where to find Milin Desai:

      • LinkedIn: https://www.linkedin.com/in/milin-desai-464757/
      • Twitter/X: https://twitter.com/virtualmilin
      • Where to find Brett Berson:

        • LinkedIn: https://www.linkedin.com/in/brett-berson-9986094/
        • Twitter/X: https://twitter.com/brettberson
        • Where to find First Round Capital:

          • Website: https://firstround.com/
          • First Round Review: https://review.firstround.com/
          • Twitter/X: https://twitter.com/firstround
          • YouTube: https://www.youtube.com/@FirstRoundCapital
          • This podcast on all platforms: https://review.firstround.com/podcast
          • Timestamps:

            (00:00) Introduction

            (03:03) Joining Sentry as an external CEO

            (06:27) The CEO/founder relationship

            (09:37) Lessons from VMware

            (13:04) What PMs did differently at VMware

            (18:04) Becoming the need, not the want

            (20:53) Scaling Sentry

            (23:07) Building for the “Fortune 500,000”

            (27:02) Open versus closed source product

            (30:43) The key ingredients to Sentry’s success

            (36:21) How Milin updated his playbook at Sentry

            (38:49) Focus on packaging, not pricing

            (40:29) “Build for the many, not the few”

            (41:53) Sentry’s B2D model

            (45:10) The second product mindset

            (51:03) Contrarian take on building for enterprise

            (52:50) Several people who influenced Milin

            ...more
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