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The Twenty Minute VC (20VC) · Saturday, August 15, 2026

Optimizing for the Most Important Event in SaaS Growth

Matt Swulinski advises that when starting paid acquisition for a SaaS business, the primary focus should be on optimizing for the most critical event, such as a subscription or a download. He stresses the importance of accurate conversion tracking for effective campaign optimization.

personMatt Swulinski

The tape

2 quotes
When you're first getting started, the main thing that you optimize for is the most important event for you as a business. So SAS, it's a subscription or let's say the download, right?
Matt
But you have poor conversion tracking, that doesn't know who those people are, and you randomly targets people, you're going to have a super high CAC. You'll say, 'Oh, paid doesn't work for me.' Most of the time, people haven't done the actual setup correctly before they can say paid doesn't work for me.
Matt
Heard on The Twenty Minute VC (20VC) — “20Growth: How to Build a $100M Growth Engine: Lessons from Wispr Flow and Superhuman | Why You Should Do Paid Ads Today and How To Do Them | How to Build the Best Referral Programs and How to Crush UGC with Matt Swulinski, published Saturday, August 15, 2026. Heardvine summarizes and quotes with attribution and timestamps, and links to the original everywhere.
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Optimizing for the Most Important Event in SaaS Growth — Heardvine