The Twenty Minute VC (20VC): Venture Capital | Startup Funding | The Pitch
20 VC FF 026: Ryan Hoover, Founder @ ProductHunt on Relationship Building, Habit Forming and The Vision for ProductHunt
The Twenty Minute VC (20VC) interviews the world's greatest venture capitalists with prior guests including Sequoia's Doug Leone and Benchmark's Bill Gurley. Once per week, 20VC Host, Harry Stebbings is also joined by one of the great founders of our time with prior founder episodes from Spotify's Daniel Ek, Linkedin's Reid Hoffman, and Snowflake's Frank Slootman.
If you would like to see more of The Twenty Minute VC (20VC), head to www.20vc.com for more information on the podcast, show notes, resources and more.
Show Notes
Ryan Hoover is the Founder and CEO @ ProductHunt, winner of TechCrunch "Best New Startup 2014". ProductHunt is a community of people sharing, upvoting, and geeking out about new technology products, games, and books. Before Product Hunt, Ryan was an EIR at Tradecraft and Director of Product at PlayHaven. As a writer, Ryan has contributed to Hooked: How to Build Habit-Forming Products by Nir Eyal and written many essays, including features for TechCrunch, Forbes, Pando, Fast Company, and The Next Web. He writes about startup trends, product designs, and production growth on his blog, ryanhoover.me.
I would like to thank Mattermark for providing all the data and analysis for this interview and you can check them out here!
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In Today's Episode You Will Learn:
1.) How did ProductHunt get started and what was the a-ha moment for Ryan in the founding of ProductHunt?
2.) PH has gone from a newsletter to friends to a a16z backed startup with employees around the globe. What have been the drivers of PH's success?
3.) PH harness the crowd for feedback on everything from designs to features. Why does Ryan prefer this open sourced feedback approach? What are the benefits? What would Ryan suggest to founders looking to adopt a similar feedback style?
4.) Question from Matt Hartman at Betaworks: Considering Ryan's work with Nir Eyal on Hooked, are there elements of Hooked that Ryan baked into the infrastructure of PH and what were they?
5.) How has Ryan created such a close and intimate relationship with his audience? What are the tools and strategies that Ryan uses to build that community? What advice does Ryan give for people looking to network and make a community around them?
6.) Where does Ryan see PH in 5 years time? What is his vision for the PH platform? How does a platform such as ProductHunt plan to monetise?
Items Mentioned In Today's Episode:
Ryan's Fave Book: The Art of Game Design: A Book Of Lenses
Ryan's Fave Podcasts: TWIST by Jason Calacanis, Startup: Gimlet Media, Mystery Show: Gimlet Media
As always you can follow Harry, The Twenty Minute VC and Ryan on Twitter here!
If you would like to see a more colourful side to Harry with many a mojito session, you can follow him on Instagram here!
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