20VC: ElevenLabs Head of Growth on Why You Do Not Need PMs | The 7-Part Launch Playbook That Gets 700K+ Views Per Product | The Truth About CAC, Payback & Performance Marketing in AI with Luke Harries
The Twenty Minute VC (20VC): Venture Capital | Startup Funding | The Pitch
The Twenty Minute VC
4.4 β’ 693 Ratings
ποΈ 23 May 2025
β±οΈ 76 minutes
ποΈ Recording | iTunes | RSS
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Summary
Luke Harries is Head of Growth at ElevenLabs, where he leads marketing, product, engineering, and developer experience. ElevenLabs has raised $281M with the latest round pricing the company at $3.3B valuation. Previously, Luke held roles at PostHog and Microsoft, and is also an angel investor supporting startups like Lovable and Runna.
In Today's Episode We Discuss:
00:00 β The $3.3B Growth Engine Behind ElevenLabs
04:55 β Why Luke Said "No" to Investing in ElevenLabs (and Why He Was Wrong)
15:40 β How ElevenLabs Makes a Horizontal Product Strategy Work
20:15 β How to Build Sharded Growth Teams That Actually Scale
26:30 β The 7-Part Launch Playbook That Gets 700K+ Views Per Product
33:00 β The Truth About CAC, Payback, and Performance Marketing in AI
39:05 β SEO Isn't Dead: The Mini-Tool Strategy You Should Steal
44:10 β Kill Your Inbound SDRsβThe Case for Voice AI in Sales
48:40 β Why You Don't Need PMs and the Rise of Growth-Led Product Teams
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Transcript
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| 0:00.0 | This is 20 Growth with me, Harry Stebbings. Now, 20 Growth is the monthly show where we sit down |
| 0:04.5 | with the best growth leaders to discuss growth tips, tactics and strategies from people who've |
| 0:10.4 | built the best growth organizations on the planet. Now, one of the fastest growing companies |
| 0:15.0 | today is 11 Labs. And I'm so excited to sit down with Luke Harry's head of growth at 11 Labs, where he leads marketing, |
| 0:22.3 | product, engineering and developer experience. And they've raised 281 million with their latest round, |
| 0:28.2 | pricing them at $3.3 billion. Previously, Luke held roles at Post-Tog and Microsoft, and he's also |
| 0:34.6 | an incredible angel investor with investments in the likes of lovable and |
| 0:38.2 | runner. Luke's also a dear friend. He's one of the kindest people in this business and I think he's |
| 0:43.7 | going to be one of the best growth minds of the next 10 years. This show was exceptional. But before we |
| 0:50.0 | dive into the show today, Secureframe empowers businesses to build trust with customers |
| 0:54.6 | by simplifying information security and compliance through AI and automation. |
| 0:59.2 | Thousands of fast-growing businesses including NASDAQ, Angel List, Doodle and Coder, |
| 1:03.8 | trust Secureframe to expedite their compliance journey for global security and privacy standards, |
| 1:09.0 | such as SOC2 and ISO-271, CMMC, NIST standards and more. |
| 1:15.0 | Backed by top-tier investors and corporations like Google and Kleiner Perkins, |
| 1:19.0 | the company is among Forbes's list of the top 100 startup employers for 2024, |
| 1:24.0 | G2's Best Software Awards for Higher Satisfaction Products, |
| 1:27.4 | and a recipient of the |
| 1:28.5 | 2024 Cybersecurity Excellence Awards, something I definitely never got in school myself. |
| 1:34.0 | Learn more today at secureframe.com. And speaking of speed, let's talk about something every |
| 1:38.9 | founder, product leader and CEO is thinking about. Innovation. We all know that innovation is the |
| 1:43.7 | lifeblood of any company, |
... |
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