In Depth

The new PLG playbook | Arming the next generation of product-led companies | Oliver Jay (Asana, Dropbox)


Listen Later

Oliver Jay is a sales and expansion specialist. Oliver was Chief Revenue Officer at Asana and led the company’s global expansion. He grew the team from 20 to 450 people and increased international income to 40% of Asana’s total revenue. Prior to this, Oliver built the first business sales team at Dropbox, and led the company’s expansion into the Asia-Pacific region while tripling ARR. Oliver is now an advisor and leadership coach focused on assisting founders and executives in scaling their businesses.

In today’s episode, we discuss:

  • Common mistakes PLG companies make
  • The “PLG trap” and how to avoid it
  • The playbook for transitioning into enterprise
  • How and when to build an enterprise sales team
  • How PLG companies can break $10 billion market cap
  • Why it’s difficult to emulate Atlassian, Slack or Salesforce
  • Referenced:

    • Airtable: https://www.airtable.com/
    • Asana: https://asana.com/
    • Atlassian: https://www.atlassian.com/
    • Bitbucket: https://bitbucket.org/product/
    • Confluent: https://www.confluent.io/
    • Daniel Shapero: https://www.linkedin.com/in/dshapero/
    • Datadog: https://www.datadoghq.com/
    • Dennis Woodside: https://www.linkedin.com/in/dennis-woodside-341302/
    • Dropbox: https://www.dropbox.com/
    • Dustin Moskovitz: https://www.linkedin.com/in/dmoskov/
    • Jay Simons: https://www.linkedin.com/in/jaysimons/
    • Jira: https://www.atlassian.com/software/jira
    • Justin Rosenstein: https://www.linkedin.com/in/justinrosenstein/
    • Kim Scott: https://www.linkedin.com/in/kimm4/
    • Salesforce: https://www.salesforce.com/
    • Slack: https://slack.com/
    • The PLG Trap: https://www.linkedin.com/pulse/plg-trap-oliver-jay/
    • The seed, land, and expand framework: https://www.endgame.io/blog/seed-land-expand-framework
    • Zendesk: https://www.zendesk.com/
    • Where to find Oliver Jay:

      • LinkedIn: https://www.linkedin.com/in/oliverjayleadership/
      • Website: https://www.oliverjayleadership.com/
      • Where to find Brett Berson:

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

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

            (00:00) Introduction

            (02:23) Differences between PLG and enterprise companies

            (05:56) Avoiding the “PLG trap”

            (07:39) Transitioning to enterprise feels like building two companies

            (10:57) Thinking about user value versus company value

            (13:58) The relationship between OKRs and executive champions

            (14:59) Dropbox had almost no company value

            (15:33) The strategy PLG companies should avoid

            (18:30) Why Dropbox is worth $10b, not $50b

            (19:41) The story of Asana’s expansion

            (21:16) Asana’s unique customer success team

            (23:27) How product strategy relates to finding champions

            (25:03) How Asana structured its GTM org

            (27:11) What Oliver would have done differently with Asana’s GTM

            (29:45) Getting executive-level buy-in

            (31:49) Asana’s concept of “selling clarity”

            (33:18) An inside look at Asana’s transition into enterprise

            (37:59) The champion tree framework

            (40:43) Structuring Asana’s early enterprise sales team

            (44:27) The impact of company size on GTM

            (47:20) Common sales mistake

            (48:29) The seed, land, and expand framework

            (51:43) Oliver’s advice to founders

            (54:13) Why building horizontally may be a mistake

            (55:32) Common challenges faced by PLG companies

            (58:30) How PLG companies can break the $10b market cap

            (60:17) Why emulating Atlassian’s playbook is difficult

            (63:21) People who had an outsized impact on Oliver

            ...more
            View all episodesView all episodes
            Download on the App Store

            In DepthBy First Round

            • 4.8
            • 4.8
            • 4.8
            • 4.8
            • 4.8

            4.8

            57 ratings


            More shows like In Depth

            View all
            This Week in Startups by Jason Calacanis

            This Week in Startups

            1,272 Listeners

            a16z Podcast by Andreessen Horowitz

            a16z Podcast

            1,063 Listeners

            The Twenty Minute VC (20VC): Venture Capital | Startup Funding | The Pitch by Harry Stebbings

            The Twenty Minute VC (20VC): Venture Capital | Startup Funding | The Pitch

            519 Listeners

            The Official SaaStr Podcast: SaaS | Founders | Investors by SaaStr

            The Official SaaStr Podcast: SaaS | Founders | Investors

            174 Listeners

            Invest Like the Best with Patrick O'Shaughnessy by Colossus | Investing & Business Podcasts

            Invest Like the Best with Patrick O'Shaughnessy

            2,283 Listeners

            Masters of Scale by WaitWhat

            Masters of Scale

            3,986 Listeners

            Y Combinator Startup Podcast by Y Combinator

            Y Combinator Startup Podcast

            224 Listeners

            Grit by Kleiner Perkins

            Grit

            187 Listeners

            The Logan Bartlett Show by by Redpoint Ventures

            The Logan Bartlett Show

            188 Listeners

            No Priors: Artificial Intelligence | Technology | Startups by Conviction

            No Priors: Artificial Intelligence | Technology | Startups

            126 Listeners

            Latent Space: The AI Engineer Podcast by swyx + Alessio

            Latent Space: The AI Engineer Podcast

            69 Listeners

            AI and I by Dan Shipper

            AI and I

            31 Listeners

            AI + a16z by a16z

            AI + a16z

            32 Listeners

            Lightcone Podcast by Y Combinator

            Lightcone Podcast

            19 Listeners

            Training Data by Sequoia Capital

            Training Data

            44 Listeners