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Leonard Chung
Product Lead, Stripe Billing
Leonard Chung is currently a Product Lead at Stripe, based in San Francisco, California. He has a strong educational background, holding a Bachelor of Arts in Computer Science and Cognitive Science from the University of California, Berkeley.
Professional Experience
Chung has accumulated extensive experience in technology and business through various roles:
- Senior Director at Cisco: He played a significant role in product management and strategy.
- CEO, CTO, & Co-Founder at String: This position allowed him to lead a startup, gaining valuable entrepreneurial experience.
- Chief Product Strategist at Syncplicity (EMC): Here, he focused on product development and strategic initiatives.
- Program Manager at Microsoft: He contributed to project management and product development efforts.
In addition to these roles, Chung has worked as a Software Intern and held positions in research at Microsoft Research and UC Berkeley.
Additional Information
Chung is also recognized for his contributions as a Startup Advisor and has been involved in various tech-related projects throughout his career. His diverse skill set combines technical expertise with strategic business acumen, making him a key player in the tech industry.12
Highlights
Our teams are thinking every day about how to build simple and powerful capabilities to help our customers grow their businesses.
Did you know that one of the biggest drags on growth is involuntary churn? This comes from customers don’t want to cancel but due to issues with payment, like an expired credit card, the customer churns. 25% of churn comes from involuntary churn and is a big drag on the growth potential of a company. Successfully managing churn is one of the key factors we’ve identified separating the fastest growing companies from the rest.
Managing involuntary churn hasn’t always been easy but we’re making it easier and more accessible for everyone. We recently launched new capabilities to help our customers even more — including a completely no-code experience for companies to customize their recovery and retention workflows, new analytics to help better understand churn, and an improved ML model for Smart Retries delivering even better yield for automatic payment retries.
With the largest footprint in the industry with over 400,000 businesses using Stripe Billing, we’ve had the benefit of seeing a lot of what works and what doesn’t. Last year alone we helped our customers recover over $3.4 billion dollars they otherwise would have lost to churn.
We’ve put together a guide on how to reduce churn. I hope you find it helpful in your business. https://lnkd.in/gGFYSHaG.
Looking for a Senior Growth PM to join our Stripe Billing team. If you or someone in your network is passionate about driving strategy and scaling growth, this role is tailor-made for you. Job details are below!
