🌞 Patrick Coleman: Replit, VP of Growth

Market-to-Revenue

Meet Patrick Coleman, VP of Growth at Replit. Bias to action. Seek pain. The best way to keep up as the market evolves? Be a perpetual beginner. Start with pricing. Know your persona. Let users realize some of the value before you ask them to pay, but still run a go-to-market motion. Freemium and product-led growth models.

18 insights. 6 rapid-fire questions. Read the transcript here.

What are 3 ways that your team converts your market into revenue?

1. Today, we're making money from individuals and businesses via our Hacker and Pro plans.
2. We recently made our education product free so we can help every student around the world learning to code. The idea behind that was part of our mission to bring the next billion coders online. It's really important to us to be able to make Replit the default entry-to-programming experience. There are so many people around the world without access to expensive computers and powerful systems, and we just want to help every student and teacher around the world. Coding is a superpower, and we think more people should have it.
3. In the future, we are excited about helping creators make money directly on Replit. A really cool story recently is that a young man in India who learned to code, and he builds on Replit, made more money in a month than his family made in an entire year. So these types of stories from our community are just really encouraging and we want to help even more of that to happen.

What are 3 hard problems that you recently overcame?

This is tough. This took me a little time to kind of think through.

1. Deciding to make our education product free was a pretty tough decision. It was performing well for us. But as our Hacker plan, which is for individuals, and the Pro plan revenue has been growing, we reflected more deeply on our mission to bring a billion coders online, and we knew this was the right thing to do. Anytime you do a big change like this, there's a little bit of anxiety and trepidation, but since we had made the announcement, the feedback has just been incredibly positive. It was only about a week ago that we made the announcement and we did. just a blowout week in terms of the reception, and number of signups, for our education products, so I'm very encouraged by that.
2. We just put on our first-ever user conference, and a big part of the user conference was a crowdfunding campaign that we announced with WeFunder to let our community also participate in our upside. To make that happen was just an all-out sprint from the marketing team, the product team, Amjad our CEO, finance, legal, everybody was just all hands on deck to get this out in a record fast amount of time. And then, just great validation from the community. The round was oversubscribed in less than 24 hours.
3. Over the past couple of years, we've seen a lot of professional users signing up for Replit. It wasn't really our initial plan to go build a product for professionals, but we started talking to these users and learning all of the really exciting ways that they're using Replit for everything from pair programming to technical interviewing to rapid prototyping. I could go on, but we ended up collecting excitement and interest via a waitlist, and then we ran a months-long closed alpha to just get tons of direct user feedback, and really dig into where the pain points were and what we could do to improve things. When we were able to finally launch the product to the public, reception was really fantastic as well, and we've got some big, big fans in the professional engineering community, too.

What are 3 roadblocks that you are working on now?

1. Even though we've made our education product free very recently, we still need to run a go-to-market motion to convince schools and teachers to use Replit. I think there's going to be some challenges with this, as well. The world is moving towards a lot more cloud and browser-based tools, and I think Figma is a great example of this in design, Google Docs, obviously, things are changing, but I think the coding world, in some ways, and particularly in the education side of things, has not entirely caught up to this yet. Not only are we needing to encourage people to use Replit, but also educating them on the benefits of working in the browser. When teachers come around, when they see this, and when the students get to experience using a tool like Replit, the feedback is just phenomenal. One of the most encouraging things is people being able to code on Chromebooks or mobile devices. They are a lot cheaper and more accessible. It just makes it so much easier for teachers to reach more students, particularly as coding gets to be a required subject in more and more places.
2. Hiring. I would be remiss if I didn't mention hiring. We are hiring as fast as we can, but we still can't hire fast enough. So I'll just do a quick plug. If anyone listening is excited about our mission, please apply! We would love to talk.
3. While our team was small and scrappy, and we were primarily growing via word of mouth, we neglected some of the more traditional, marketing, growth hacking, or acquisition channels. Search was one of these that we were performing very well on, but didn't give a lot of our mindshare to, and now that we're growing the team and really digging into a lot of like thefunnel metrics and traditional marketing and growth tactics, this is an area where I think there's a lot of room to grow Replit even faster. So that's going to be an area where I and my team are going to spend a lot of time in the coming six months to a year.

What are 3 mental models that you use to do your best work?

I really love this question.

1. Bias to action. I deeply believe that moving quickly, but with focus, is the best way to fight both procrastination and perfectionism. It's rare that decisions cannot be reversed. Sometimes you have big decisions that can't be reversed and you should really plan for these. But most decisions are reversible. And for these decisions, speed is very much of the essence.
2. Seek pain. This is part of our cultural values and operating principles at Replit I’m a big fan of this. We really believe that you can't learn unless you're shipping real things to real people, ad then you're digging into what's not working, and go fix it. I think our default mental attitude is to avoid hard things and look for the easy path, I'm really happy to be part of a company where we normalize that things aren't going to be easy all the time, and the best way to move forward and to grow, both as a business and professionally as individuals, is to dig into what's not working, where there's a little bit of pain. Apply that growth mindset. Keep iterating and improving.
3. The idea of beginner's mind. At startups, things change so, so fast that often your old mental models about the way the world works, about the way that you should operate—I love Andrew Chen's Law of Shitty Clickthroughs—in marketing, what worked a year ago, or 10 years ago, is not necessarily going to keep working. So having that beginner's mindset, always approaching things from first principles, is the best way to keep up as the market evolves, and it's kind of fun to be a perpetual beginner and in wonder of the way that the business, and the world, is constantly evolving.

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