Summaries

Leveraging Community for Product Growth | dbtLabs & Sequoia | Slush 2023

Published
December 8, 2023
Read time
3
Min Read
Updated
December 18, 2023
Jenna Pitkälä
Leveraging Community for Product Growth | dbtLabs & Sequoia | Slush 2023
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Want to learn the best business insights from remarkable speakers at Slush 2023, but don’t have the time to watch the full speeches on YouTube?

You’ve come to the right place. Below is a summary of a speech by Tristan Handy, founder of dbtLabs and Sequoia Partner Matt Miller.

(psst: the notes were automatically generated with Wudpecker's AI notetaking tool. If you'd like to check these notes + transcript + audio recording without needing to log in, press here.)

<p class="h1-rich">🤏 TL;DR</p>

DBT Labs discussed the importance of building a strong community for product growth, shared their journey of becoming a founder and starting an open-source tool, and emphasized the role of community feedback in product decisions. Action items include developing a plan to leverage the community for growth, evaluating the potential of building an engaged community, creating an open-source strategy, and continuously engaging with the community.

<p class="h1-rich">✨ Summary</p>

Building and Leveraging Community for Product Growth

  • DBT Labs helps companies transform, organize, and share information
  • Story of how the speaker discovered DBT through community recommendations and became an investor
  • Discussion on the importance and power of building a strong community

Starting a Company and Becoming a Founder

  • Speaker shares his own journey of becoming a founder and starting DBT Labs
  • Importance of solving a problem and creating a missing piece in the market
  • How the DBT community grew and the impact it had on users' careers

Open Source vs. Commercial Business

  • Decision to make DBT an open source tool
  • The importance of not locking people in and empowering them to make choices
  • Challenges of monetizing an open source product and providing added value

The Role of Community in Product Decisions

  • Community feedback and contributions as valuable resources for the company
  • Examples of how the community has influenced product decisions and improvements
  • The ongoing challenge of balancing open source and proprietary offerings

Engagement with the Community

  • Various ways DBT Labs engages with the community, including blog, podcast, and events
  • The importance of being active and present in the community as a leader
  • The reciprocal relationship between the company and the community

Building the Business and CEO Challenges

  • The transition of co-founders to individual contributor roles
  • The importance of maintaining company culture during leadership changes
  • The challenges and decisions faced as a CEO

Advice for Entrepreneurs

  • The importance of understanding the long and challenging journey of entrepreneurship
  • The need to prioritize personal well-being and sustainability
  • The role of the founder's spark and unique perspective in driving success
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Leveraging Community for Product Growth | dbtLabs & Sequoia | Slush 2023
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Leveraging Community for Product Growth | dbtLabs & Sequoia | Slush 2023
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Leveraging Community for Product Growth | dbtLabs & Sequoia | Slush 2023
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