The Logan Bartlett Show

EP 64: Jay Simons (GP, BOND Capital) On How Product-Led Growth Turned Atlassian into a $40B Company

Episode Notes

Jay Simons is a General Partner at BOND Capital and former President of Atlassian. Jay ran Atlassian between 2012-2020 taking them from pre-IPO to about $3B in revenue. Jay is known for being one of the earliest SaaS leaders to adopt and implement a product-led growth strategy.

In this episode Jay shares his background, stories from the early days at Atlassian, building two products at once (Jira & Confluence), and his philosophy on management and leadership. Jay has since joined BOND Capital investing alongside Mary Meeker - he shares his investment strategy and what BOND looks for in the companies they invest in.

(0:00) Intro

(1:19) Welcome Jay Simons

(10:15) BEA Acquired by Oracle

(14:19) Joining Atlassian

(16:58) What was the company growing at when you joined?

(22:10) Divorcing the success from the tactics

(34:48) Control your destiny of what the market is going to take

(40:22) How do you orient your team?

(46:42) Having two products early on

(55:07) Seeding the community

(1:07:29) Crucible moments at Atlassian 

(1:22:11) Path to advising 

(1:33:28) Soft diplomacy in decision making

 

Mixed and edited: Justin Hrabovsky

Produced: Rashad Assir

Executive Producer: Josh Machiz

Music: Griff Lawson

 

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About the Show

Logan Bartlett is a Software Investor at Redpoint Ventures - a Silicon Valley-based VC with $6B AUM and investments in Snowflake, DraftKings, Twilio, and Netflix. In each episode, Logan goes behind the scenes with world-class entrepreneurs and investors. If you're interested in the real inside baseball of tech, entrepreneurship, and start-up investing, tune in every Friday for new episodes.