Madhavan Ramanujam
Co-Founder & General Partner @ 49 Palms Ventures
Monetization expert who advised 250+ companies. Author of Monetizing Innovation.
βLessons from 400+ companies and 50 unicorns, covering pricing decisions, strategic decision-making, and product design.β
Career History
| Company | Role | Years |
|---|---|---|
| 49 Palms Ventures | Co-Founder & General Partner | ~2024-present |
| Simon-Kucher & Partners | Managing Partner | ~2004-2024 |
Episodes (1)
Top Topics
Quotable Clips
βThe topic is one that is relevant in even years to come. So I think hopefully it's robust that way.β
Pricing your AI product: Lessons from 400+ companies and 50 unicorns | Madhavan Ramanujam
βThe Company. I like that. Maybe we should rebrand ourselves as The Company.β
Pricing your AI product: Lessons from 400+ companies and 50 unicorns | Madhavan Ramanujam
βAnd if they do say no, the most important question to ask is why. And you start hearing all kinds of information that you can use to design your product and maybe even pivot your product strategy acco...β
Pricing your AI product: Lessons from 400+ companies and 50 unicorns | Madhavan Ramanujam
βCorrect. Either productize to a price point and the willingness to pay, or at least use willingness to pay as an access to prioritize what you're building. Either way, you'll get it right.β
Pricing your AI product: Lessons from 400+ companies and 50 unicorns | Madhavan Ramanujam
βWhat we are actually seeing is, even if people say, "Five", they are probably only 30 to 50% sure about whether they would buy, so you can start, and if they say, "Four", it's 10 to 20%. If they say, ...β
Pricing your AI product: Lessons from 400+ companies and 50 unicorns | Madhavan Ramanujam
βI was tempted to ask you why, but that would've not been very relevant.β
Pricing your AI product: Lessons from 400+ companies and 50 unicorns | Madhavan Ramanujam
βFirst of all, start educating yourself that there is a science on this topic. It's not just an art. Get confidence that people have done this before. Not only just startups, but companies like Borsch,...β
Pricing your AI product: Lessons from 400+ companies and 50 unicorns | Madhavan Ramanujam
βExactly. That's totally acceptable because it's not like everyone has resourcing to launch five products, five segments, everything else. Complexity, and plus, you don't probably want to be too comple...β
Pricing your AI product: Lessons from 400+ companies and 50 unicorns | Madhavan Ramanujam
βYeah, keep getting these tweets from Peter. Yes, I love the product actually. It's water packaged as an $8 product, so it's great. That's a segment of customers that love that and-β
Pricing your AI product: Lessons from 400+ companies and 50 unicorns | Madhavan Ramanujam
βExactly. Will do from next time. Liquid Death, eight bucks.β
Pricing your AI product: Lessons from 400+ companies and 50 unicorns | Madhavan Ramanujam
βIt's back? Great. And they also launched this thing called comfort, which is a bit between Black and Uber X in terms of both price and also the types of cars.β
Pricing your AI product: Lessons from 400+ companies and 50 unicorns | Madhavan Ramanujam
βIt somehow works. I think In-N-Out, that's a story for another day. I think it works for a different reason.β
Pricing your AI product: Lessons from 400+ companies and 50 unicorns | Madhavan Ramanujam