I helped reposition a database product that went on to make $1B in revenue
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thefxck.com
April is terrific, and I agree that the right messaging and positioning can have disproportionately high impacts on revenue (speaking from experience with Netlify, Gravitational, and others), but this click-bait title is a huge disservice to April, other marketers, and founders who may be dissuaded from trying new messaging and positioning.
The actual story is that the person (April) was asked by a manager to interview a bunch of customers. When they brought back the data, the manager (or the team, collectively) acted on it by coming up with new product positioning.
Some years later, after countless product iterations and three acquisitions, the product landed at a tech giant that does $30B/year. The author speculates it was then responsible for $1B in revenue, though doesn't know for sure.
So...
It's fair to say "I was there early and it was neat to solve these problems for a DB that later ended up at SAP." But to imply that your work directly resulted to $1B in revenue--as this title does--is just nonsense. What the F*ck were the editors thinking.
> How I helped reposition a database product that went on to make $1 billion in revenue
It doesn't say "How I single handedly repositioned" or even "How I repositioned". The author literally helped in the process that led to repositioning. By uncovering a key use-case for the product, which then became the key feature and selling point of the updated product.
And regarding the comment about $1B in revenue, is there any good reason not to give her the benefit of the doubt? She literally worked with the team and rubbed shoulders with them every day. A lot of non-public numbers get talked about casually at the water cooler.
There seems to be a trend where people are hyper-obsessed with nitpicking titles and calling out "clickbait". In this case, the article title is a pretty great representation of the article's contents - or at least as great as you can get in one sentence. I personally enjoyed the article, and was hoping to read a discussion about the main points raised in the article, or similar stories others may have. Instead, the top comment is an angry rant nitpicking the article's title.
1. The title does not make huge claims directly, but strongly implies it. That's how I read it when I was skimming the front page of HN. It's like writing an article with the title "I taught Michael Jordan basketball" and then explain how you showed him how to throw a ball for 30 minutes when he was the 5 years old. Or the old maxim that if you are a cashier at McDonald's, you can technically say that you "process high-frequency cash transactions for multi-billion dollar company on rotating supply-demand cycle".
2. I don't like how the common advice for writing resume, which I can only presume reflects what hiring managers want to see in someone's resume, says you must quantify your achievements. You cannot just say I wrote the login system. You must somehow tie it to a business objective and achievement (increases sales by 7%, reduced support calls by 12%, etc). In reality, projects are often team efforts and except for certain niches such as sales and consulting, there is rarely a clear correlation between an individual employee's actions and business's results. I don't like writing pretending there is and writing it, and I don't like reading it.
It's not about résumés but about how the skill of measuring/estimating one's own effectiveness/impact/productivity is positively correlated with successful outcomes and rate of progress in life in general.
Recall Mike Acton's principle questions[0] that a goal-orientated individual must answer:
>> - I can articulate precisely what problem I am trying to solve.
>> - I have articulated precisely what problem I am trying to solve.
>> - I have confirmed that someone else can articulate what problem I am trying to solve.
>> - I can articulate why my problem is important to solve.
>> - I can articulate how much my problem is worth solving.
[0]: https://www.dropbox.com/s/doiq8ovho1k9d4b/fired.pptx?dl=0
Having read about 100 CVs in the past month, this made me chuckle. Yes, people actually word their CVs like this.
Take any gosh-darn company on earth that's brought in $1bn in revenue.
Now take all of their employees.
Each of those employees has a story that could be titled:
How I helped xyz with abc that ended up with that company bringing in $1b in revenue.
The number of such employees in the whole world is somewhere between 10 million and 7 billion.
I'm not sure this is technically accurate. The transactions a cashier at McDonald's handles would usually be "for" the franchise where they work, not for McDonald's itself.
Its a cultural thing. They fear ending up with a bunch of people who just want to have fun with elegant code and tech and polish some corner of the app for a esthetic satisfaction. They fear not even being able to communicate effectively about your role in the business.
Being able to say 12% is much better than not even thinking of trying to estimate it. Theoretically, a nuanced view would be even better but there is a time and place to be nuanced and witty and thats not on the HR desk.
The article makes it clear from the outset that:
1. She was in a very junior position and was cold calling clients before EoL-ing an embedded DB product
2. She delivered the insight to key executives in a way that prompted a product positioning pivot that turned out very lucrative (even if the $1B is disputed the circumstantial information seems to support it - parent company's valuation/revenue and the fact that the product still exists within a larger company).
3. Her track record speaks for itself (so it's not an anomaly) but this experience is also her origin story.
But on a serious note, this is clickbait. Anything that says "X happened, then ${big money}" is designed to trigger "X happened, if and only if ${big money}" in peoples minds, and therefore "X is the secret to ${big money}" so I need to find out that secret to big wealth, so I will read the article. It's bait.
And the story is awesome! It points to how sometimes getting the product into as many hands as possible and then interviewing customers on how they use it a great technique for eventual product success.
She probably could have talked about the engineering side a bit more, but she probably just wasn't in the loop there. And anyways, this is obviously a marketing blog post so engineering would have been a pointless diversion.
Btw, I got the sense she was enthusiastic and energetic and likely very diligent in her efforts to call up her customers and get to the root of how they used it.
Don't underestimate that level of ground floor contribution.
Funny enough, the significance went completely over my head at the time. We were too focused on making sure it worked and not losing any deposits. It wasn't until a year later when I ran some stats for a product review / presentation that it sank in.
It's helpful to remember that what might be obvious to one person might be a revelation to another - depending on their skill and experience.
Accessible to founders, and helps lay out the art and science of positioning, and give a methodology for actually doing it. Would recommend it also to technical people who are sceptical of marketing in general.
Byron Sharp's How Brands Grow is also a great book from one of the world's leading marketing professors, and aims to lay out some iron laws about buying behaviour. Byron is quite a spiky and contrarian personality, which makes the book a lot of fun to read, but he also really knows his stuff.
Long before sqlite, or CouchBase, there was SQL Anywhere.
And SQL Anywhere had something in the 90's that's still rare even today - hands-off built-in production-ready replication.
(MySQL struggled for a decade to ship reliable replication after Yahoo paid them $40k for the original statement-based replication, and Postgres still doesn't have a great story out of the box.)
It's that multi-source production-ready replication that April shone a spotlight on that made Sybase worth $5.8 billion when it was sold to SAP.
https://www.zdnet.com/article/sap-acquires-sybase-for-5-8-bi...
So kudos to April for finding a huge diamond in the rough.
I've been to lectures on SQL Anywhere, but I hope some day to use it in a project. It's a killer embedded database.
Source: DBA.
I used this software in its prime back in ‘97 and it was quite clever. It had none of the problems of its main competitor, Microsoft Jet (Access). MSDE was still a few years away. Plus, it was cross platform, so us Microsoft haters could get behind it, even if we felt forced to develop for the MS platform.
1) SQL Anywhere is not "Sybase SQL." Different products, with SQL Anywhere being an embedded database that can run on a smartphone and replicate bidirectionally to other masters.
Not many alternatives, even in 2020.
2) Legacy tech - when you care about your data, accept nothing less.
Fun fact: the #1 most popular and regarded RDBMS for the past few years is considered to be MySQL, and it was the key technology that powered both Web 1.0 and 2.0. If that's legacy, I want more legacy.
Source: DBA.
Early on, MySQL was known for anything but caring about your data. I've been using it since the 90's. Without "strict" mode, fields would be truncated and data types would be silently converted. Never mind the <5.x days where MyISAM was the default table type.
"Do you know [Inser name of recent IPO]? Well they hired me and I changed the color of their corporate identity from Black on Green to Green on Black; well 4 months later they IPO's raising $250 million at a $1+ billion-dollar valuation".
WUT?
Her implication was that she was taking credit for the successful IPO.
So, there it is.
I am not saying that April's contribution was not useful, but... everything in a long process is useful, but not 1 single contribution is responsible for the entire (or majority) of success. Except for grit!
And in that time it had somehow subtly become adopted by marketing as theirs :)
(To be fair, picking names is hard, even if you are in marketing. I'm sure there's plenty of science, but one of the best ways IMO is to just blather them all around for a while and see what feels right/sticks after a day or two).
Ever since learning about opportunity cost it has infected my mind with cynicism.
For contrast, here's a nicely typeset interview from the NYTimes: https://www.nytimes.com/interactive/2020/05/25/magazine/hann...
Fun fact: SQL Anywhere was still compiled using Watcom C++ long after the latter was discontinued as a commercial product. Most of the people who worked on the compiler still worked there, so they maintained it internally until SQL Anywhere finally switched over to MSVC.
I thought it ran on multiple operating systems
When Sybase bought SQL Anywhere the compiler came along with it, hence was adopted as the in-house standard. As I recall the debugger would fail regularly due to pointer bugs corrupting the debugger itself. That's exactly when you would like the debugger to stick around... ;-)
Is it true that the product was making $1b / year?
I remember where I work, the product went from 'divest' to 'retain' following the acquisition.
I'd bet the product has seen significant growth in the mobile / IoT era. Applications that work offline and synchronizes later are a pain to build. Seems like the kind of infrastructure that exists in every police car these days.
Personally I think the future of desktop applications should be designed around the premise of localhost first and cloud second. The ability of the locally host application to synchronize to the cloud or central repository (similar to rsync and Git) should be the default not the other way around (I am looking at you Microsoft Teams). Technically there should be no different between people working independently with their local copy of data to be merged centrally later, and an offline application with an intermittent internet connection.
Now with readily available VPN tools like Wireguard becoming more popular the notion of using web applications for distributed authoring and collaboration, etc, is not necessary anymore. But if you insist to use web based technology there is always protocol like webdav to the rescue. If you do not want either of them (VPN and webdav), the recently announced SMB over QUIC can be a very good alternative solution [1].
[1]https://redmondmag.com/articles/2020/03/02/microsoft-smb-ove...
Can't find any followup successes after this product repositioning
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}I am sure there is a lot more to Dunford's book that this article reveals but IMHO product positioning is the wrong takeaway.
Product positioning, which sounds management consultancy speak like "product strategy" is top-down. Implies near perfect knowledge of the marketplace, customer use cases, existing alternatives..... Anti-thetical, if not opposite, to the Lean Startup method. Lean implies you have incomplete information but you map out the profitable niches by experimentation. You want to build that which is needed, not build and position it later.
Recommend Robert Fitzpatrick's Mom test instead. http://momtestbook.com/. He also has an youtube channel.
I had an assignment in 1998 to benchmark it against another pocket database. SQL Anywhere was 100x faster. On the Excel throughput graphs I had to use right and left Y axes for each product. Otherwise product #2 was just a flat line on the X axis. ;-)
Well, one could argue that you killed the product. You just reused the source code for a new product. A product is much more than the software.