LinkedIn·Article·January 1, 2016

Building LinkedIn Sales Navigator

Building $1B+ revenue product at LinkedIn

Source
Sachin Rekhi
Format
Article
Published
January 1, 2016

Summary

This case study explores Sachin Rekhi's journey in finding product-market fit, contrasting his failed startup Anywhere.FM with his successful experience building LinkedIn Sales Navigator. At Anywhere.FM, despite following Lean Startup principles—launching an MVP quickly, gathering customer feedback, and achieving 100,000 users and positive press—the company failed to find a viable business model. This experience, alongside observing Spotify's success (which spent two years building before launching), led Rekhi to question the effectiveness of traditional Lean Startup methodology.

When building LinkedIn Sales Navigator, Rekhi developed what he calls the "Deliberate Startup methodology," which addresses key shortcomings of Lean Startup. Instead of agnostic experimentation, this approach emphasizes starting with a thoughtful plan documented in a PMF narrative covering six critical dimensions. Rather than focusing solely on successive MVPs, it leverages diverse validation techniques to de-risk specific assumptions. The methodology also provides clearer PMF metrics and balances product development with sales and marketing efforts, including establishing growth loops for sustainable traction.

The results speak for themselves: LinkedIn Sales Navigator now generates over $1 billion in annual revenue for LinkedIn, making it Rekhi's most successful product launch. The key takeaway for product managers is that while rapid iteration has value, a more deliberate approach that combines strategic planning with targeted validation and balanced focus on both product and go-to-market can significantly improve the odds of achieving product-market fit.

Topics

Product-Market Fit