Sub Club by RevenueCat · 2025-09-17
Value-Driven Growth: LinkedIn's Billion-Dollar Subscription Strategy — Ora Levit, LinkedIn
LinkedIn VP of Product Ora Levit on running LinkedIn Premium (several billion dollars in annual run rate) with 'value-driven growth': a value team as big as the growth team, 20+ new benefits in two years, freemium gating that never paywalls job applications, 1,000+ A/B tests a year, intent-based personalization of the Premium flow, annual and dual-plan discounts for retention, win-back offers and re-offered trials for 'boomerang' subscribers, and rotating partner perks (Notion, Spotify, Headspace, Duolingo).
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Numbers mentioned
| Subject | Metric | Value | Quote |
|---|---|---|---|
| users Total LinkedIn members, 'over a billion' | 1,000M users approximate | “LinkedIn has over a billion members.” | |
| arr Annual run rate of LinkedIn's subscription businesses | several billion dollars approximate | “Our subscription businesses are several billion dollars of annual run rate.” | |
| count New Premium benefits added over the last ~2 years ('over 20') | 20 benefits approximate | “we added over 20 different benefits” | |
| team size Team dedicated to Premium value (features, adoption) vs the team driving growth via pricing, discovery, packaging, promotions | similar in size to the growth team approximate | “that team size is similar to the team that drives growth from better pricing, discovery, packaging, promotions, et cetera” | |
| count Premium members can mark up to three jobs a month as their top choice | 3 jobs/month | “the ability to mark a job or up to three jobs a month as your top choice” | |
| conversion rate Likelihood of hearing back from the recruiter when a job is marked top choice vs not | +46% | “individuals who do choose a job as their top choice are 46% more likely to hear back from the recruiter” | |
| count A/B tests run by the Premium subscriptions team alone ('over a thousand') | 1,000 A/B tests/year approximate | “within our Premium subscriptions, we run over a thousand A/B tests a year” | |
| price Discount for taking two Premium plans (dual plan for you and a friend/partner/colleague), in test | 20% | “we also provide 20% discount for you taking two plans” | |
| time to milestone Minimum time since a previous free trial before a lapsed member may be offered a free trial again | 12 months | “Usually, we would do it not within the first 12 months.” | |
| count Rotating monthly perk: free access to Notion with AI for six months | 6 months | “such as you can now get access to Notion with AI for six months” | |
| count Perks: three months of Spotify free, four months of Headspace | 3 months | “We now have three months with Spotify for free and four months of Headspace.” | |
| count Refresh cadence of the evergreen perks | 6–12 months approximate | “We refresh them every six, 12 months.” | |
| time to milestone Revenue modeling horizon for experiments whose effect changes over time, such as pricing tests (alongside one-year bookings) | 5 years | “we model revenue for experiments that we believe would change over time such as pricing experiments and others on a five-year horizon” |