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Lenny's Podcast: Product | Growth | Career

Growth tactics from OpenAI and Stripe’s first marketer | Krithika Shankarraman

Lenny's Podcast: Product | Growth | Career

Lenny Rachitsky

Technology, Business, Entrepreneurship

51.5K Ratings

🗓️ 25 May 2025

⏱️ 74 minutes

🧾️ Download transcript

Summary

Krithika Shankarraman was the first marketing hire at OpenAI and Stripe and led marketing at Retool. At OpenAI, she established marketing foundations for ChatGPT for consumers and enterprises, as well as their developer API platform. While at Stripe, she spent over eight years building and scaling their marketing function from scratch. An engineer turned marketer, Krithika brings a uniquely analytical approach to marketing. She currently serves as Entrepreneur in Residence at Thrive Capital, where she helps portfolio companies on all things marketing.

What you will learn:

1. Why do most marketing playbooks often fail, and what’s a better way?

2. Which marketing lever should I pull first?

3. Why is trying to be better than competitors usually a losing strategy?

4. How do I craft positioning that actually converts?

5. What makes messaging stick with developers, enterprises, and consumers?

6. What pricing experiments actually move revenue?

7. What is working at OpenAI really like?

8. Why does consistency and quality matter more than speed?

Brought to you by:

Eppo — Run reliable, impactful experiments

Airtable ProductCentral—Launch to new heights with a unified system for product development

LinkedIn Ads—Reach professionals and drive results for your business

Where to find Krithika Shankarraman:

• X: https://x.com/krithix

• LinkedIn: https://www.linkedin.com/in/krithix/

• Website: https://krithix.com/

Where to find Lenny:

• Newsletter: https://www.lennysnewsletter.com

• X: https://twitter.com/lennysan

• LinkedIn: https://www.linkedin.com/in/lennyrachitsky/

In this episode, we cover:

(00:00) Introduction to Krithika

(04:22) Early marketing lessons from OpenAI

(11:17) Diagnosing marketing needs

(15:06) The DATE framework and why being cheaper is a race to the bottom

(17:11) Marketing strategies at Retool

(22:29) Insights from marketing at Stripe

(32:33) The importance of consistent marketing communication

(39:55) Criteria for hiring a marketing expert

(41:43) “Capital M” vs. “lowercase m” marketing

(43:05) ChatGPT vs. Claude: market dominance

(45:31) The future of AI and its societal impact

(47:09) Work-life balance

(48:41) Transitioning to Thrive

(52:35) Career advice for marketers

(55:00) The importance of taste and creativity in the AI era

(01:00:04) AI product pricing

(01:03:21) AI tools in marketing

(01:05:17) Failure corner

(01:08:46) Lightning round and final thoughts

Referenced:

• OpenAI: https://openai.com/

• Stripe: https://stripe.com/

• Retool: https://retool.com/

• Dropbox: https://www.dropbox.com/

• Sam Altman talks about his business model: https://www.youtube.com/watch?v=pLnyjxgFxew

• The art and science of pricing | Madhavan Ramanujam (Monetizing Innovation, Simon-Kucher): https://www.lennysnewsletter.com/p/the-art-and-science-of-pricing-madhavan

• Pricing your SaaS product: https://www.lennysnewsletter.com/p/saas-pricing-strategy

• Netflix: https://www.netflix.com/

• Stripe Connect: https://stripe.com/connect

• John Collison on X: https://x.com/collision

• Patrick Collison on X: https://x.com/patrickc

• Cristina Cordova on LinkedIn: https://www.linkedin.com/in/cristinajcordova/

• Hackpad: https://en.wikipedia.org/wiki/Hackpad

• Building Wiz: the fastest-growing startup in history | Raaz Herzberg (CMO and VP Product Strategy): https://www.lennysnewsletter.com/p/building-wiz-raaz-herzberg

• Wiz: https://www.wiz.io/

• Thrive Capital: https://thrivecap.com/

• Brian Chesky’s new playbook: https://www.lennysnewsletter.com/p/brian-cheskys-contrarian-approach

• Claude: https://claude.ai/new

• ChatGPT: https://chatgpt.com/

• Lessons from scaling Stripe | Claire Hughes Johnson (former COO of Stripe): https://www.lennysnewsletter.com/p/lessons-from-scaling-stripe-tactics

• Databricks: https://www.databricks.com/

• Everyone’s an engineer now: Inside v0’s mission to create a hundred million builders | Guillermo Rauch (founder and CEO of Vercel, creators of v0 and Next.js): https://www.lennysnewsletter.com/p/everyones-an-engineer-now-guillermo-rauch

• Tobi Lütke’s leadership playbook: Playing infinite games, operating from first principles, and maximizing human potential (founder and CEO of Shopify): https://www.lennysnewsletter.com/p/tobi-lutkes-leadership-playbook

• OpenAI’s CPO on how AI changes must-have skills, moats, coding, startup playbooks, more | Kevin Weil (CPO at OpenAI, ex-Instagram, Twitter): https://www.lennysnewsletter.com/p/kevin-weil-open-ai

• April Dunford on product positioning, segmentation, and optimizing your sales process: https://www.lennysnewsletter.com/p/april-dunford-on-product-positioning

• A step-by-step guide to crafting a sales pitch that wins | April Dunford (author of Obviously Awesome and Sales Pitch): https://www.lennysnewsletter.com/p/a-step-by-step-guide-to-crafting

Severance on AppleTV+: https://tv.apple.com/us/show/severance/

• Granola: https://www.granola.ai/

• Some people think AI writing has a tell—the em dash. Writers disagree: https://www.washingtonpost.com/technology/2025/04/09/ai-em-dash-writing-punctuation-chatgpt/

Recommended books:

Obviously Awesome: How to Nail Product Positioning So Customers Get It, Buy It, Love It: https://www.amazon.com/Obviously-Awesome-Product-Positioning-Customers/dp/1999023005

Circe: https://www.amazon.com/Circe-Madeline-Miller/dp/0316556327/

Production and marketing by https://penname.co/. For inquiries about sponsoring the podcast, email [email protected].

Lenny may be an investor in the companies discussed.



This is a public episode. If you'd like to discuss this with other subscribers or get access to bonus episodes, visit www.lennysnewsletter.com/subscribe

Transcript

Click on a timestamp to play from that location

0:00.0

It seems like there's a playbook for everything. There's a framework for everything.

0:03.5

But the reality is you have to spend the hours and the time to really understand your customer.

0:08.4

You were the first marketing hire at OpenAI. I believe ChatGPT is the fastest growing product in history.

0:14.6

I'm asking this. A lot of people might be hearing like, oh, Chat GPT, it's like, why do you need marketing? Everyone knew of chat GPT, but when you clicked

0:21.3

one Zoom level further, the thing that came up was, I don't know what to use it for. The work of

0:26.2

marketing ended up becoming creating the sort of use case epiphany where people could say, I had no

0:30.5

idea chat chip PT could do that. A lot of marketing metrics tend to be vanity metrics about

0:35.4

the number of clicks that you got, number of views, number of impressions.

0:38.3

I think those are all bullshit numbers.

0:40.3

What is that experience that you want your customers to come away with when they interact with your brand?

0:45.3

If your advice is don't just copy what other companies do, what should people be doing?

0:49.3

Put together like a four-step process that has served me pretty well.

0:52.3

The first step here is... Today my guest is Krithika Shankar Rahman.

0:57.5

Krithka was the first marketing hire and VPR marketing at OpenAI, the first marketing hire

1:02.3

at Stripe, where she was the only marketing person for three years.

1:06.2

She was also an early marketing leader at Retool and at Dropbox.

1:09.8

She also did marketing for Android at Google.

1:11.6

Currently, she's executive in residence at Thrive Capital, where she supports their portfolio and founders on all things marketing,

1:18.6

and helps hire early marketing leaders for their startups.

1:21.6

In our conversation, we talked through all of the biggest lessons that she has learned about how to market your product from her time at

1:27.8

OpenAI, Stripe, Retool, Dropbox, and other places, including her four-step diagnostic

1:33.0

approach to marketing, her anti-playbook playbook, what B2B companies can learn from consumer

...

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