Logo
    Search

    How to build trust and grow as a product leader | Fareed Mosavat (Reforge, Slack, Instacart, Zynga, Pixar)

    enOctober 23, 2022

    Podcast Summary

      Recent Episodes from Lenny's Podcast: Product | Growth | Career

      The ultimate guide to performance marketing | Timothy Davis (Shopify)

      The ultimate guide to performance marketing | Timothy Davis (Shopify)

      Timothy Davis has led performance marketing for all of Shopify for the past 2.5 years, and as a consultant has helped companies like Pinterest, LinkedIn, Redfin, and Eventbrite kickstart and scale their performance marketing teams. In every one of those cases, he got them so performant at paid growth that they significantly scale spend and investment in these channels. In our conversation, we cover:

      • When and how to start investing in performance marketing

      • Common mistakes companies make with paid ads

      • How to build and structure a performance marketing team

      • How to get your creatives performing better

      • Strategies for optimizing workflows and team efficiency

      • How AI will change performance marketing

      • Much more

      Brought to you by:

      BuildBetter—AI for product teams

      OneSchema—Import CSV data 10x faster

      Eppo—Run reliable, impactful experiments

      Find the transcript and references at: https://www.lennysnewsletter.com/p/performance-marketing-timothy-davis

      Where to find Timothy Davis:

      • LinkedIn: https://www.linkedin.com/in/timothypatrickdavis/

      Where to find Lenny:

      • Newsletter: https://www.lennysnewsletter.com

      • X: https://twitter.com/lennysan

      • LinkedIn: https://www.linkedin.com/in/lennyrachitsky/

      In this episode, we cover:

      (00:00) Timothy’s background 

      (02:31) Understanding performance marketing 

      (06:31) The importance of paid search 

      (08:39) Identifying growth potential 

      (09:54) Case studies: Hairstory and Ipsy 

      (12:22) Experimenting with new platforms 

      (18:57) Choosing the right platforms 

      (20:23) LinkedIn for B2B marketing 

      (27:56) When to start investing in paid growth 

      (33:33) Common mistakes in performance marketing 

      (37:41) Working with agencies and consultants 

      (40:36) Hiring for performance marketing 

      (47:33) Metrics that matter 

      (54:43) Competitor analysis and CPC insights 

      (56:15) Custom reports and data visualization

      (56:38) Understanding impression and click share 

      (59:10) True competition metrics 

      (01:02:14) Attribution and incrementality 

      (01:08:52) Building a performance marketing team 

      (01:10:53) Creative and ad copy collaboration 

      (01:15:48) Managing workload and hiring strategy 

      (01:20:52) Training and onboarding new hires 

      (01:24:41) Impact of ATT on performance marketing 

      (01:25:56) The power of creative in ads 

      (01:29:47) Using AI in performance marketing 

      (01:37:16) Lightning round 

      Referenced:

      • Shopify: https://www.shopify.com/

      • What Is Performance Marketing?: https://www.shopify.com/blog/performance-marketing

      • Google AI: https://ai.google/

      • Pinterest: https://www.pinterest.com/

      • Eventbrite: https://www.eventbrite.com/

      • Booking.com: https://www.booking.com/

      • Credit Karma: https://www.creditkarma.com/

      • Hairstory: https://hairstory.com/

      • Google Display Network: https://www.semrush.com/blog/google-display-network/

      • SoftLayer Becomes Part of IBM’s SmartCloud: https://www.datacenterknowledge.com/deals/softlayer-becomes-part-of-ibm-s-smartcloud

      • Coca-Cola Freestyle: https://www.coca-colafreestyle.com/

      • Monday.com: https://monday.com/

      • How to sell your ideas and rise within your company | Casey Winters, Eventbrite: https://www.lennysnewsletter.com/p/how-to-sell-your-ideas-and-rise-within

      • Thinking beyond frameworks | Casey Winters (Pinterest, Eventbrite, Airbnb, Tinder, Canva, Reddit, Grubhub): https://www.lennysnewsletter.com/p/thinking-beyond-frameworks-casey

      The Signal and the Noise: Why So Many Predictions Fail—But Some Don’t: https://www.amazon.com/Signal-Noise-Many-Predictions-Fail-but/dp/0143125087

      • Courtney Wenneborg on LinkedIn: https://www.linkedin.com/in/cwenneborg/

      • PPC Hero: https://www.ppchero.com/

      • Another Deep Dive into Auction Insights, by Jacob Brown: https://www.ppchero.com/another-deep-dive-into-auction-insights/

      •Multitouch: https://multitouch.app/

      • What is time decay attribution?: https://growthmethod.com/what-is-time-decay-attribution/

      • Linear: https://linear.app/

      • Consumer Heterogeneity and Paid Search Effectiveness: A Large-Scale Field Experiment: https://faculty.haas.berkeley.edu/stadelis/BNT_ECMA_rev.pdf

      • ADT: https://www.adt.com/

      • Shopify Bursts: https://focus.business/blog/shopify-bursts/

      The First 90 Days: Proven Strategies for Getting Up to Speed Faster and Smarter: https://www.amazon.com/First-90-Days-Strategies-Expanded/dp/1422188612

      • Kat Nguyen on Shopify: https://www.linkedin.com/in/katngy/

      • Dollar Shave Club ad: https://www.youtube.com/watch?v=ZUG9qYTJMsI

      The Daily Stoic: 366 Meditations on Wisdom, Perseverance, and the Art of Living: https://www.amazon.com/Daily-Stoic-Meditations-Wisdom-Perseverance/dp/0735211736

      Great by Choice: Uncertainty, Chaos, and Luck—Why Some Thrive Despite Them All: https://www.amazon.com/Great-Choice-Uncertainty-Luck-Why-Despite/dp/0062120999

      X-Men ’97 on Disney+: https://www.disneyplus.com/series/x-men-97/vc1XIz90ZNH5

      RRR on Netflix: https://www.netflix.com/title/81476453

      The Playlist on Netflix: https://www.netflix.com/title/81186296

      Welcome to Wrexham on Hulu: https://www.hulu.com/series/welcome-to-wrexham-c6906d50-d06c-40d1-a57c-1885d9dc2fef

      The Billion Dollar Code on Netflix: https://www.netflix.com/title/81074012

      • Magic Mind: https://magicmind.com/

      Production and marketing by https://penname.co/. For inquiries about sponsoring the podcast, email podcast@lennyrachitsky.com.

      Lenny may be an investor in the companies discussed.



      Get full access to Lenny's Newsletter at www.lennysnewsletter.com/subscribe

      5 essential questions to craft a winning strategy | Roger Martin (author, advisor, speaker)

      5 essential questions to craft a winning strategy | Roger Martin (author, advisor, speaker)

      Roger Martin is one of the world’s leading experts on strategy and the author of Playing to Win, one of the most beloved books on strategy. He’s written extensively for the Harvard Business Review; consulted for dozens of Fortune 500 companies, including P&G, Lego, and Ford; and written 11 other books. In our conversation, we discuss:

      • The five key questions you need to answer to develop an effective strategy

      • Why most companies get strategy wrong

      • How to avoid “playing to play” instead of playing to win

      • Real-world strategy examples from Procter & Gamble, Southwest Airlines, Lego, and Figma

      • How to think about differentiation vs. low cost

      • Shortcomings of current strategy education

      • Much more

      Brought to you by:

      Webflow—The web experience platform

      WorkOS—Modern identity platform for B2B SaaS, free up to 1 million MAUs

      Cycle—Your feedback hub, on autopilot

      Find the transcript at: https://www.lennysnewsletter.com/p/the-ultimate-guide-to-strategy-roger-martin

      Where to find Roger Martin:

      • X: https://x.com/RogerLMartin

      • LinkedIn: https://www.linkedin.com/in/roger-martin-9916911a9/

      • Website: https://rogerlmartin.com/

      Where to find Lenny:

      • Newsletter: https://www.lennysnewsletter.com

      • X: https://twitter.com/lennysan

      • LinkedIn: https://www.linkedin.com/in/lennyrachitsky/

      In this episode, we cover:

      (00:00) Roger’s background

      (02:20) The importance of strategy

      (07:00) Challenges in developing strategy

      (08:30) Critique of modern strategy education

      (14:00) Hamilton Helmer and Richard Rumelt

      (17:40) Defining strategy

      (19:12) The Strategy Choice Cascade

      (23:20) Playing to win vs. playing to play

      (24:57) Examples of strategic success

      (30:49) Differentiation and moats

      (40:23) Applying strategy to real-world scenarios

      (43:47) Customer-centric strategy

      (44:45) Defining the market and product

      (45:59) Value chain and distribution

      (48:28) Cost leadership vs. differentiation

      (53:16) Capabilities and management systems

      (57:14) Competitive advantage and market positioning

      (01:02:41) Counterpositioning and fault lines

      (01:05:53) Adapting to AI and market changes

      (01:14:11) Betterment over perfection

      (01:18:42) Final thoughts on strategy

      Referenced:

      • Nearly 10% of S&P 500 CEOs are alumni of Procter & Gamble: https://www.bizjournals.com/cincinnati/news/2023/02/06/10-of-s-p-500-ceos-pg.html

      • FigJam: https://www.figma.com/figjam/

      • Figma: https://www.figma.com/

      • What Is Resource-Based Theory?: https://www.igi-global.com/dictionary/the-impact-of-technological-governance-and-political-capabilities-on-firms-performances-under-economic-turbulence/67915

      • Michael Porter on LinkedIn: https://www.linkedin.com/in/professorporter/

      Competitive Strategy: Techniques for Analyzing Industries and Competitors: https://www.amazon.com/Competitive-Strategy-Techniques-Industries-Competitors/dp/0684841487

      • VRIO Framework Explained: https://strategicmanagementinsight.com/tools/vrio/

      • Business strategy with Hamilton Helmer (author of 7 Powers): https://www.lennysnewsletter.com/p/business-strategy-with-hamilton-helmer

      • Good Strategy, Bad Strategy | Richard Rumelt: https://www.lennysnewsletter.com/p/good-strategy-bad-strategy-richard

      7 Powers: The Foundations of Business Strategy: https://www.amazon.com/7-Powers-Foundations-Business-Strategy/dp/0998116319

      • Boston Consulting Group: https://www.bcg.com/

      • Bruce Henderson: https://en.wikipedia.org/wiki/Bruce_Henderson

      • Lego: https://www.lego.com

      • Vanguard: https://investor.vanguard.com/

      • Southwest Airlines: https://www.southwest.com/

      • How Amazon Managed to Dethrone Walmart: https://www.nytimes.com/interactive/2021/08/20/technology/how-amazon-beat-walmart.html

      • GM Lost a 10-Year Battle with Tesla, Pulling the Plug on a Long Line of EVs: https://www.forbes.com/sites/brookecrothers/2023/07/09/gm-killed-its-electric-cars-and-lost-a-10-year-battle-with-tesla/

      • Westlaw: https://www.westlawinternational.com/

      • What Is an Economic Moat? Why Warren Buffett Says It Matters for Investors: https://finance.yahoo.com/news/economic-moat-why-warren-buffett-160046125.html

      • Salomon Brothers: https://en.wikipedia.org/wiki/Salomon_Brothers

      • US Airways: https://en.wikipedia.org/wiki/US_Airways

      • Four Seasons: https://www.fourseasons.com/

      • Michael Dell on LinkedIn: https://www.linkedin.com/in/mdell/

      • Bill Gates on LinkedIn: https://www.linkedin.com/in/williamhgates/

      • Mandarin Oriental: https://www.mandarinoriental.com/en/

      • Continental Lite: https://en.wikipedia.org/wiki/Continental_Lite

      • Ted (airline): https://en.wikipedia.org/wiki/Ted_(airline)

      • Case Study: Oil of Olay: https://www.studocu.com/es/document/universidad-de-murcia/estrategia-de-marketing/case-study-old-of-olay/95079369

      • AG Lafley on LinkedIn: https://www.linkedin.com/in/ag-lafley-2381b3201/

      • Jack Bogle: https://en.wikipedia.org/wiki/John_C._Bogle

      • Seven Ways Windows 95 Changed the World: https://www.forbes.com/sites/ianmorris/2015/08/24/windows-95-changed-the-world/

      • Where to Start with Strategy? Focus on Betterment: https://rogermartin.medium.com/where-to-start-with-strategy-bae40506304c

      • Brick by brick: The man who rebuilt the house of Lego shares his leadership secrets: https://www.washingtonpost.com/news/on-leadership/wp/2016/12/08/brick-by-brick-the-man-who-rebuilt-the-house-of-lego-shares-his-leadership-secrets/

      A New Way to Think: Your Guide to Superior Management Effectiveness: https://www.amazon.com/New-Way-Think-Management-Effectiveness/dp/164782351X/

      Playing to Win: How Strategy Really Works: https://www.amazon.com/Playing-Win-Strategy-Really-Works/dp/142218739X

      The Design of Business: Why Design Thinking Is the Next Competitive Advantage: https://www.amazon.com/Design-Business-Thinking-Competitive-Advantage/dp/1422177807

      The Opposable Mind: How Successful Leaders Win Through Integrative Thinking: https://www.amazon.com/Opposable-Mind-Successful-Integrative-Thinking/dp/1422118924

      When More Is Not Better: Overcoming America’s Obsession with Economic Efficiency: https://www.amazon.com/When-More-Not-Better-Overcoming/dp/1647820065

      Production and marketing by https://penname.co/. For inquiries about sponsoring the podcast, email podcast@lennyrachitsky.com.

      Lenny may be an investor in the companies discussed.



      Get full access to Lenny's Newsletter at www.lennysnewsletter.com/subscribe

      What most people miss about marketing | Rory Sutherland (Vice Chairman of Ogilvy UK, author)

      What most people miss about marketing | Rory Sutherland (Vice Chairman of Ogilvy UK, author)

      Rory Sutherland is widely regarded as one of the most influential (and most entertaining) thinkers in marketing and behavioral science. He’s the vice chairman of Ogilvy UK, the author of Alchemy: The Dark Art and Curious Science of Creating Magic in Brands, Business, and Life, and the founder of Nudgestock, the world’s biggest festival of behavioral science and creativity. He champions thinking from first principles and using human psychology—what he calls “thinking psycho-logically”—over mere logic. In our conversation, we cover:

      • Why good products don’t always succeed, and bad ones don’t necessarily fail

      • Why less functionality can sometimes be more valuable

      • The importance of fame in building successful brands

      • The importance of timing in product success

      • The concept of “most advanced, yet acceptable”

      • Why metrics-driven workplaces can be demotivating

      • Lots of real-world case studies

      • Much more

      Note: We encountered some technical difficulties that led to less than ideal video quality for this episode, but the lessons from this conversation made it impossible for me to not publish it anyway. Thanks for your understanding and for bearing with the less-than-ideal video quality. 

      Brought to you by:

      Pendo—The only all-in-one product experience platform for any type of application

      Cycle—Your feedback hub, on autopilot

      Coda—The all-in-one collaborative workspace

      Find the transcript at: https://www.lennysnewsletter.com/p/what-most-people-miss-about-marketing

      Where to find Rory Sutherland:

      • X: https://x.com/rorysutherland

      • LinkedIn: https://www.linkedin.com/in/rorysutherland

      • Book: Alchemy: The Dark Art and Curious Science of Creating Magic in Brands, Business, and Life: https://www.amazon.com/Alchemy-Curious-Science-Creating-Business/dp/006238841X

      Where to find Lenny:

      • Newsletter: https://www.lennysnewsletter.com

      • X: https://twitter.com/lennysan

      • LinkedIn: https://www.linkedin.com/in/lennyrachitsky/

      In this episode, we cover:

      (00:00) Rory’s background

      (02:37) The success and failure of products

      (04:08) Why the urge to appear serious can be a disaster in marketing

      (08:05) The role of distinctiveness in product design

      (12:29) The MAYA principle

      (15:50) How thinking irrationally can be advantageous

      (17:40) The fault of multiple-choice tests

      (21:31) Companies that have successfully implemented out-of-the-box thinking

      (30:31) “Psycho-logical” thinking

      (31:45) The hare and the dog metaphor

      (38:51) Marketing’s crucial role in product adoption

      (49:21) The quirks of Google Glass

      (55:44) Survivorship bias

      (56:09) Balancing rational ideas with irrational ideas

      (01:06:19) The rise and fall of tech innovations

      (01:09:54) Consistency, distinctiveness, and clarity

      (01:21:12) Considering psychological, technological, and economic factors in parallel

      (01:23:35) Where to find Rory

      Referenced:

      • Google Glass: https://en.wikipedia.org/wiki/Google_Glass

      • Meta Portal TV: https://www.meta.com/portal/products/portal-tv/

      • Rory’s quote in a LinkedIn post: https://www.linkedin.com/posts/brad-jackson-04766642_the-urge-to-appear-serious-is-a-disaster-activity-7093497742710210560-1LYN/

      • The MAYA Principle: Design for the Future, but Balance It with Your Users’ Present: https://www.interaction-design.org/literature/article/design-for-the-future-but-balance-it-with-your-users-present

      • Ogilvy: https://www.ogilvy.com/

      • MCI: https://www.mci.world/

      • Veuve Clicquot: https://en.wikipedia.org/wiki/Veuve_Clicquot

      • Why do the French call the British ‘the roast beefs’?: http://news.bbc.co.uk/2/hi/2913151.stm

      The Killing on Hulu: https://www.hulu.com/series/the-killing-f5da5c2d-4626-4ba9-bcf3-ff5f891771fb

      • Original The Killing on BBC: https://www.bbc.co.uk/programmes/b017h7m1

      • The Mandarin Oriental, Hong Kong: https://www.mandarinoriental.com/en/hong-kong/victoria-harbour

      • SAT: https://satsuite.collegeboard.org/sat

      • The Widening Racial Scoring Gap on the SAT College Admissions Test: https://www.jbhe.com/features/49_college_admissions-test.html

      • What is the age of the captain?: https://www.icopilots.com/what-is-the-age-of-the-captain/

      • Octopus Energy: https://octopus.energy/

      • Kraken: https://octopusenergy.group/kraken-technologies

      • Toby Shannan: https://theorg.com/org/shopify/org-chart/toby-shannan

      • Dunbar’s number: Why we can only maintain 150 relationships: https://www.bbc.com/future/article/20191001-dunbars-number-why-we-can-only-maintain-150-relationships

      • AO: https://ao.com/

      • Zappos: https://www.zappos.com/

      • Joe Cano on LinkedIn: https://www.linkedin.com/in/joeycano/

      • John Ralston Saul’s website: https://www.johnralstonsaul.com/

      Voltaire’s Bastards: The Dictatorship of Reason in the West: https://www.amazon.com/Voltaires-Bastards-Dictatorship-Reason-West/dp/0679748199

      • Psycho-Logic: Why Too Much Logic Deters Magic: https://coffeeandjunk.com/psycho-logic/

      • Herbert Simon’s Decision-Making Approach: https://bura.brunel.ac.uk/bitstream/2438/4995/1/Fulltext.pdf

      • Robert Trivers’s website: https://roberttrivers.com/Welcome.html

      • Crazy Ivan: https://jollycontrarian.com/index.php?title=Crazy_Ivan

      • The Joys of Being a Late Tech Adopter: https://www.nytimes.com/2019/08/28/technology/personaltech/joys-late-tech-adopter.html

      • Jean-Claude Van Damme: https://en.wikipedia.org/wiki/Jean-Claude_Van_Damme

      • Tim Berners-Lee: https://en.wikipedia.org/wiki/Tim_Berners-Lee

      • Edward Jenner and the history of smallpox and vaccination: https://www.ncbi.nlm.nih.gov/pmc/articles/PMC1200696/

      • The real story behind penicillin: https://www.pbs.org/newshour/health/the-real-story-behind-the-worlds-first-antibiotic

      • What Are Japanese Toilets?: https://www.bigbathroomshop.co.uk/info/blog/japanese-toilets/

      • reMarkable: https://remarkable.com/

      • Chumby: https://en.wikipedia.org/wiki/Chumby

      • Survivorship bias: https://en.wikipedia.org/wiki/Survivorship_bias

      • Jony Ive: https://en.wikipedia.org/wiki/Jony_Ive

      • Marc Newson’s website: https://marc-newson.com/

      • Designing Men: https://www.vanityfair.com/news/business/2013/11/jony-ive-marc-newson-design-auction

      • Qantas A330: https://marc-newson.com/qantas-a330/

      • Herodotus: https://en.wikipedia.org/wiki/Herodotus

      • Big Decision? Consider It Both Drunk and Sober: https://www.forbes.com/sites/chunkamui/2016/03/22/wine-and-sleep-make-for-better-decisions/?sh=5c97fdc524b1

      • How Henry Ford and Thomas Edison killed the electric car: https://www.speakev.com/threads/how-henry-ford-and-thomas-edison-killed-the-electric-car.4270/

      • Watch Jay Leno get nostalgic and swoon over this 1909 EV: https://thenextweb.com/news/jay-leno-talk-about-electric-car-1909-baker

      Jay Leno’s Garage: https://www.youtube.com/@jaylenosgarage

      • Nudgestock: https://nudgestock.com/

      • Akio Morita: https://en.wikipedia.org/wiki/Akio_Morita

      • Don Norman on LinkedIn: https://www.linkedin.com/in/donnorman/

      • What Makes Tesla’s Business Model Different: https://www.investopedia.com/articles/active-trading/072115/what-makes-teslas-business-model-different.asp

      • Monica Lewinsky on X: https://x.com/MonicaLewinsky

      Blindsight: The (Mostly) Hidden Ways Marketing Reshapes Our Brains: azon.com/Blindsight-Mostly-Hidden-Marketing-Reshapes-ebook/dp/B07ZKZ5DWF

      Branding That Means Business: https://www.amazon.com/Branding-that-Means-Business-Economist-ebook/dp/B09QBCCH9N

      • PwC: https://www.pwc.com

      • Ryanair: https://www.ryanair.com

      • British Airways: https://www.britishairways.com/

      • Wrigley’s began as a soap business: know when to pivot: https://theamericangenius.com/entrepreneur/wrigleys-began-as-soap-know-when-to-pivot/

      Transport for Humans: https://www.amazon.com/Transport-Humans-Perspectives-Pete-Dyson/dp/1913019357

      Production and marketing by https://penname.co/. For inquiries about sponsoring the podcast, email podcast@lennyrachitsky.com.

      Lenny may be an investor in the companies discussed.



      Get full access to Lenny's Newsletter at www.lennysnewsletter.com/subscribe

      Building a world-class data org | Jessica Lachs (VP of Analytics and Data Science at DoorDash)

      Building a world-class data org | Jessica Lachs (VP of Analytics and Data Science at DoorDash)

      Jessica Lachs is the global head of analytics and data science at DoorDash, where she’s built one of the largest and most respected data organizations in tech. In her more than 10 years at DoorDash, she has served as the first general manager, responsible for launching new markets; the head of business ops and analytics; and the VP of analytics and data science. Previously, Jessica founded GiftSimple, a social gifting startup, and started her career at Lehman Brothers as an investment banking analyst. In our conversation, she shares:

      • How to structure and scale a high-impact analytics organization

      • Centralized vs. decentralized data teams

      • How to pick the right metric and aligning incentives

      • Advice for data people on how and when to push back

      • Lessons learned from building a global data team

      • How to foster a culture of extreme ownership

      • The role of AI in improving analytics team productivity

      • Advice for aspiring data leaders without formal training

      Brought to you by:

      Webflow—The web experience platform

      Anvil—The fastest way to build software for documents

      Attio—The powerful, flexible CRM for fast-growing startups

      Find the transcript at: https://www.lennysnewsletter.com/p/building-a-world-class-data-org-jessica-lachs

      Where to find Jessica Lachs:

      • X: https://x.com/jesslachs

      • LinkedIn: https://www.linkedin.com/in/jessica-lachs/

      Where to find Lenny:

      • Newsletter: https://www.lennysnewsletter.com

      • X: https://twitter.com/lennysan

      • LinkedIn: https://www.linkedin.com/in/lennyrachitsky/

      In this episode, we cover:

      (00:00) Jessica’s background

      (04:59) Centralized vs. embedded analytics teams

      (10:52) The benefits of a centralized analytics team

      (15:10) Balancing proactive and reactive work

      (20:45) Advice on how to push back effectively

      (24:20) Hiring for curiosity and problem solving

      (28:57) Coming from a non-traditional background

      (34:40) The early days and culture at DoorDash

      (40:39) Encouraging cross-functional roles

      (44:39) Defining effective metrics

      (46:30) Simplifying metrics for better outcomes

      (55:28) Focusing on edge cases and fail states

      (01:00:12) Managing a global data organization

      (01:02:31) Leveraging AI for productivity

      (01:05:25) Building diverse and skilled data teams

      (01:08:40) Lightning round

      Referenced:

      • How Netflix builds a culture of excellence | Elizabeth Stone (CTO): https://www.lennysnewsletter.com/p/how-netflix-builds-a-culture-of-excellence

      • Riley Newman on LinkedIn: https://www.linkedin.com/in/rileynewman/

      • Tony Xu on LinkedIn: https://www.linkedin.com/in/xutony/

      • Imposter Syndrome: Why You May Feel Like a Fraud: https://www.verywellmind.com/imposter-syndrome-and-social-anxiety-disorder-4156469

      • Stanley Tang on LinkedIn: https://www.linkedin.com/in/stanleytang/

      • Andy Fang on LinkedIn: https://www.linkedin.com/in/fangsterr/

      • Evan Moore on LinkedIn: https://www.linkedin.com/in/evanmoore/

      • How WeDash became the flagship employee program for DoorDash: https://careers.doordash.com/blog/wedash-doordash-employee-program-how-does-it-work

      • Leading with empathy | Keith Yandell (DoorDash, Uber): https://www.lennysnewsletter.com/p/leading-with-empathy-keith-yandell

      The Rose Code: https://www.amazon.com/Rose-Code-Novel-Kate-Quinn/dp/006305941X

      • Libby app: https://libbyapp.com/

      The West Wing on Prime: https://www.amazon.com/West-Wing-Complete-First-Season/dp/B000KZPG04

      Alias on Prime: https://www.amazon.com/Alias-Season-1/dp/B00748O13S

      • Joseon sunscreens: https://beautyofjoseon.com/

      • Innisfree sunscreens: https://us.innisfree.com/

      • John Steinbeck quote: https://www.brainyquote.com/quotes/john_steinbeck_103825

      • Vanessa Roberts on LinkedIn: https://www.linkedin.com/in/vanessa-roberts-b8a509a/

      • Tia Sherringham on LinkedIn: https://www.linkedin.com/in/tiasherringham/

      • Elizabeth Jarvis-Shean on LinkedIn: https://www.linkedin.com/in/elizabeth-jarvis-shean-141a7966/

      • My Journey (Part 1): I have a job that I would never be hired for: https://www.linkedin.com/posts/jessica-lachs_anniversary-datascience-finance-activity-7216912300056727553-mEv6/?utm_source=share&utm_medium=member_desktop

      Production and marketing by https://penname.co/. For inquiries about sponsoring the podcast, email podcast@lennyrachitsky.com.

      Lenny may be an investor in the companies discussed.



      Get full access to Lenny's Newsletter at www.lennysnewsletter.com/subscribe

      Building product at Stripe: craft, metrics, and customer obsession | Jeff Weinstein (Product lead)

      Building product at Stripe: craft, metrics, and customer obsession | Jeff Weinstein (Product lead)

      Jeff Weinstein is a product lead at Stripe, where he helped grow their payment APIs to hundreds of billions in volume and transformed the way founders start companies into a few simple clicks with Atlas. Prior to Stripe, Jeff led several startups and sold companies to Groupon and Box. He’s known for his customer obsession, craft, quality, and building beloved products businesses rely on. In our conversation, we discuss:

      • The power of customer obsession and how to operationalize it in the product development process

      • How to pick the right metrics and use them to drive impact

      • Techniques for getting things done at big companies

      • A group practice Jeff started to uplevel product craft, called Study Group

      • The story behind Stripe Atlas and its mission to increase entrepreneurship globally

      • Lessons from working with the founders of Stripe

      Brought to you by:

      Pendo—The all-in-one platform for product-led companies building breakthrough digital experiences

      Cycle—Your feedback hub, on autopilot

      Anvil—The fastest way to build software for documents

      Find the transcript at: https://www.lennysnewsletter.com/p/creating-a-culture-of-excellence

      Where to find Jeff Weinstein:

      • X: https://x.com/jeff_weinstein

      • LinkedIn: https://www.linkedin.com/in/jeffwweinstein/

      • Email: jweinstein@gmail.com

      Where to find Lenny:

      • Newsletter: https://www.lennysnewsletter.com

      • X: https://twitter.com/lennysan

      • LinkedIn: https://www.linkedin.com/in/lennyrachitsky/

      In this episode, we cover:

      (00:00) Jeff’s background 

      (10:16)  The “go, go, go ASAP + optimistic, long-term compounding” approach

      (15:38) The importance of craft and quality

      (24:15) Effective customer communication strategies

      (28:57) The importance of speed in customer interactions 

      (33:19) Narrowing your focus

      (36:53) Why you should pay attention only to paying-customer feedback

      (40:24) Practicing silence when communicating 

      (45:33) The role of metrics in product success

      (54:08) Empowering teams with a single metric

      (58:23) Picking the right metric for your audience

      (01:05:10) The importance of metric hygiene

      (01:11:33) How Stripe uses “study groups” for product improvement

      (01:37:20) Stripe’s Atlas: simplifying company formation

      (01:50:38) Automation and operational efficiency

      (01:55:13) Diversity and team building

      (02:03:09) Building new products within a large company

      (02:21:10) Lightning round

      Referenced:

      • Atlas: https://stripe.com/atlas

      • Stripe: https://stripe.com/

      • SQL: https://en.wikipedia.org/wiki/SQL

      • GitHub: https://github.com/

      • Linear: https://linear.app/

      • Figma: https://www.figma.com/

      • Jeff’s tweet about Stripe’s bug-finder program: https://x.com/jeff_weinstein/status/1777487507934040300

      • The “Collison installation”: https://news.ycombinator.com/item?id=18400504

      • How we use friction logs to improve products at Stripe: https://dev.to/stripe/how-we-use-friction-logs-to-improve-products-at-stripe-i6p

      • Fidelity: https://www.fidelity.com/

      • 83(b) election: https://docs.stripe.com/atlas/83b-election

      • Jeff’s tweet about Atlas’s NPS score: https://x.com/jeff_weinstein/status/1788644576330469638

      • What is a Delaware corporation? Here’s what makes this state so attractive to businesses: https://stripe.com/resources/more/what-is-a-delaware-corporation

      • Incorporating in Delaware explained: Why it’s such a popular option for businesses: https://stripe.com/resources/more/incorporating-in-delaware-explained

      • 7 of Pixar’s Best Storyboard Examples and the Stories Behind Them: https://boords.com/blog/7-of-pixars-best-storyboard-examples-and-the-stories-behind-them

      • Alex Kehayias on LinkedIn: https://www.linkedin.com/in/alexkehayias/

      • Patrick McKenzie on LinkedIn: https://www.linkedin.com/in/patrickmckenzie/

      • AngelList: https://www.angellist.com/

      • Dan Hightower on LinkedIn: https://www.linkedin.com/in/danhighto/

      • Stripe Atlas perks partners: https://support.stripe.com/questions/stripe-atlas-perks-partners

      • Vision, conviction, and hype: How to build 0 to 1 inside a company | Mihika Kapoor (Product at Figma): https://www.lennysnewsletter.com/p/vision-conviction-hype-mihika-kapoor

      High Output Management: https://www.amazon.com/High-Output-Management-Andrew-Grove/dp/0679762884

      Orbiting the Giant Hairball: A Corporate Fool’s Guide to Surviving with Grace: https://www.amazon.com/Orbiting-Giant-Hairball-Corporate-Surviving/dp/0670879835

      7 Powers: The Foundations of Business Strategy: https://www.amazon.com/7-Powers-Foundations-Business-Strategy/dp/0998116319

      • Business strategy with Hamilton Helmer (author of 7 Powers): https://www.lennysnewsletter.com/p/business-strategy-with-hamilton-helmer

      • Box: https://www.box.com/

      • Patrick Collison on X: https://x.com/patrickc

      How to with John Wilson on HBO: https://www.hbo.com/how-to-with-john-wilson

      The Quiet Girl on Hulu: https://www.hulu.com/movie/the-quiet-girl-b50a4b8e-d3ff-4635-b806-5e7dbd292ca4

      • Raycast: https://www.raycast.com/

      • Quicksilver: https://qsapp.com/

      • Alfred: https://www.alfredapp.com/help/workflows/automations/

      • CleanShot: https://cleanshot.com/

      • John Collison on X: https://x.com/collision

      Production and marketing by https://penname.co/. For inquiries about sponsoring the podcast, email podcast@lennyrachitsky.com.

      Lenny may be an investor in the companies discussed.



      Get full access to Lenny's Newsletter at www.lennysnewsletter.com/subscribe

      Pattern Breakers: How to find a breakthrough startup idea | Mike Maples, Jr. (Founding Partner at Floodgate, ex-Product at Silicon Graphics)

      Pattern Breakers: How to find a breakthrough startup idea | Mike Maples, Jr. (Founding Partner at Floodgate, ex-Product at Silicon Graphics)

      Mike Maples, Jr. is a legendary early-stage startup investor and a co-founder and partner at Floodgate. He’s made early bets on transformative companies like Twitter, Lyft, Twitch, Okta, Rappi, and Applied Intuition and is one of the pioneers of seed-stage investing as a category. He’s been on the Forbes Midas List eight times and enjoys sharing the lessons he’s learned from his years studying iconic companies. In his new book, Pattern Breakers: Why Some Start-Ups Change the Future, co-authored with Peter Ziebelman, he discusses what he’s found separates startups and founders that break through and change the world from those that don’t. After spending years reviewing the notes and decks from the thousands of startups he’s known over the past two decades, he’s uncovered three ways that breakthrough founders think and act differently. In our conversation, Mike talks about:

      • The three elements of breakthrough startup ideas

      • Why you need to both think and act differently

      • How to avoid the “comparison trap” and “conformity trap”

      • The importance of movements, storytelling, and healthy disagreeableness in startup success

      • How to apply pattern-breaking principles within large companies

      • Mike’s one piece of advice for founders

      • Much more

      Pre-order Mike’s book here and get a second signed copy for free. Limited copies are available, so order ASAP: patternbreakers.com/lenny.

      Brought to you by:

      Enterpret—Transform customer feedback into product growth

      Anvil—The fastest way to build software for documents

      Webflow—The web experience platform

      Find the transcript at: https://www.lennysnewsletter.com/p/how-to-find-a-great-startup-idea-mike-maples-jr

      Where to find Mike Maples, Jr.:

      • X: https://x.com/m2jr

      • LinkedIn: https://www.linkedin.com/in/maples/

      • Substack: https://greatness.substack.com/

      • Website: https://www.floodgate.com/

      Where to find Lenny:

      • Newsletter: https://www.lennysnewsletter.com

      • X: https://twitter.com/lennysan

      • LinkedIn: https://www.linkedin.com/in/lennyrachitsky/

      In this episode, we cover:

      (00:00) Mike’s background

      (03:10) The inspiration behind Pattern Breakers

      (08:09) Uncovering startup insights

      (11:37) A quick summary of Pattern Breakers

      (13:52) Coming up with an idea

      (15:30) Inflections

      (17:09) Examples of inflections

      (28:10) Insights

      (36:58) The power of surprises

      (47:36) Founder-future fit

      (55:33) Advice for aspiring founders

      (56:41) Living in the future: valid opinions

      (55:34) Case study: Maddie Hall and Living Carbon

      (58:40) Identifying lighthouse customers

      (01:00:53) The importance of desperation in customer needs

      (01:03:57) Creating movements and storytelling

      (01:24:22) The role of disagreeableness in startups

      (01:34:42) Applying these principles within a company

      (01:40:43) Lightning round

      Referenced:

      Pattern Breakers: Why Some Start-Ups Change the Future: https://www.amazon.com/Pattern-Breakers-Start-Ups-Change-Future/dp/1541704355

      • Justin.tv: https://en.wikipedia.org/wiki/Justin.tv

      • Airbnb’s CEO says a $40 cereal box changed the course of the multibillion-dollar company: https://fortune.com/2023/04/19/airbnb-ceo-cereal-box-investors-changed-everything-billion-dollar-company/

      • Brian Chesky’s new playbook: https://www.lennysnewsletter.com/p/brian-cheskys-contrarian-approach

      • The Unconventional Exit: How Justin Kan Sold His First Startup on eBay: https://medium.datadriveninvestor.com/the-unconventional-exit-how-justin-kan-sold-his-first-startup-on-ebay-4d705afe1354

      • Kyle Vogt on LinkedIn: https://www.linkedin.com/in/kylevogt/

      • The State of Telehealth Before and After the COVID-19 Pandemic: https://www.ncbi.nlm.nih.gov/pmc/articles/PMC9035352/

      • The Craigslist Killers: https://www.gq.com/story/craigslist-killers

      • The social radar: Y Combinator’s secret weapon | Jessica Livingston (co-founder of Y Combinator, author, podcast host): https://www.lennysnewsletter.com/p/the-social-radar-jessica-livingston

      • Michael Seibel on LinkedIn: https://www.linkedin.com/in/mwseibel/

      The Airbnb Story: How Three Ordinary Guys Disrupted an Industry, Made Billions ... and Created Plenty of Controversy: https://www.amazon.com/Airbnb-Story-Ordinary-Disrupted-Controversy/dp/0544952669

      • Scott Cook: https://www.forbes.com/profile/scott-cook/

      • Chegg: https://www.chegg.com/

      • Aayush Phumbhra on LinkedIn: https://www.linkedin.com/in/aayush/

      • Osman Rashid on LinkedIn: https://www.linkedin.com/in/osmanrashid/

      • Okta: https://www.okta.com/

      • The Man Who Makes the Future: Wired Icon Marc Andreessen: https://www.wired.com/2012/04/ff-andreessen/

      • Peter Ludwig on LinkedIn: https://www.linkedin.com/in/peterwludwig/

      • Qasar Younis on LinkedIn: https://www.linkedin.com/in/qasar/

      • Paul Allen’s website: https://paulallen.com/

      • Louis Pasteur quote: https://www.forbes.com/quotes/6145/

      • What was Atrium and why did it fail? https://www.failory.com/cemetery/atrium

      • Patrick Collison on LinkedIn: https://www.linkedin.com/in/patrickcollison/

      • Drew Houston on LinkedIn: https://www.linkedin.com/in/drewhouston/

      • William Gibson’s quote: https://www.goodreads.com/quotes/681-the-future-is-already-here-it-s-just-not-evenly

      • Maddie Hall on LinkedIn: https://www.linkedin.com/in/maddie-hall-76293135/

      • Living Carbon: https://www.livingcarbon.com

      • Zenefits (now Trinet): https://connect.trinet.com/

      • Sam Altman on X: https://x.com/sama

      • Steve Wozniak on LinkedIn: https://www.linkedin.com/in/wozniaksteve/

      • Horsley Bridge Partners: https://www.horsleybridge.com/

      • David Swensen: https://en.wikipedia.org/wiki/David_F._Swensen

      • Judith Elsea on LinkedIn: https://www.linkedin.com/in/judithelsea/

      7 Powers: The Foundations of Business Strategy: https://www.amazon.com/7-Powers-Foundations-Business-Strategy/dp/0998116319

      • Business strategy with Hamilton Helmer (author of 7 Powers): https://www.lennysnewsletter.com/p/business-strategy-with-hamilton-helmer

      • Lyft’s Focus on Community and the Story Behind the Pink Mustache: https://techcrunch.com/2012/09/17/lyfts-focus-on-community-and-the-story-behind-the-pink-mustache/

      • Logan Green on LinkedIn: https://www.linkedin.com/in/logangreen/

      • John Zimmer on LinkedIn: https://www.linkedin.com/in/johnzimmer11/

      • Storytelling with Nancy Duarte: How to craft compelling presentations and tell a story that sticks: https://www.lennysnewsletter.com/p/storytelling-with-nancy-duarte-how

      • Steve Jobs Introducing the iPhone at MacWorld 2007: https://www.youtube.com/watch?v=x7qPAY9JqE4

      Jonathan Livingston Seagull: https://www.amazon.com/Jonathan-Livingston-Seagull-Richard-Bach/dp/0743278909

      • The paths to power: How to grow your influence and advance your career | Jeffrey Pfeffer (author of 7 Rules of Power, professor at Stanford GSB): https://www.lennysnewsletter.com/p/the-paths-to-power-jeffrey-pfeffer

      • Robin Roberts on LinkedIn: https://www.linkedin.com/in/robin-roberts-393a934b/

      • Skunkworks: https://www.lockheedmartin.com/en-us/who-we-are/business-areas/aeronautics/skunkworks.html

      • Vision, conviction, and hype: How to build 0 to 1 inside a company | Mihika Kapoor (Product at Figma): https://www.lennysnewsletter.com/p/vision-conviction-hype-mihika-kapoor

      • Hard-won lessons building 0 to 1 inside Atlassian | Tanguy Crusson (Head of Jira Product Discovery): https://www.lennysnewsletter.com/p/building-0-to-1-inside-atlassian-tanguy-crusson

      • Figma: https://www.figma.com/

      • Atlassian: https://www.atlassian.com/

      • Vinod Khosla: https://www.khoslaventures.com/team/vinod-khosla/

      • Top Five Regrets of the Dying: A Life Transformed by the Dearly Departing: https://www.amazon.com/Top-Five-Regrets-Dying-Transformed-ebook/dp/B07KNRLY1L

      Chase, Chance, and Creativity: The Lucky Art of Novelty: https://www.amazon.com/Chase-Chance-Creativity-Lucky-Novelty/dp/0262511355

      • Clay Christensen’s books: https://www.amazon.com/stores/Clayton-M.-Christensen/author/B000APPD3Y

      Resonate: Present Visual Stories That Transform: https://www.amazon.com/Resonate-Present-Stories-Transform-Audiences/dp/0470632011

      Ferrari on Prime: https://www.amazon.com/Ferrari-Adam-Driver/dp/B0CNDBN672

      • Montblanc fountain pens: https://www.montblanc.com/en-us

      Production and marketing by https://penname.co/. For inquiries about sponsoring the podcast, email podcast@lennyrachitsky.com.

      Lenny may be an investor in the companies discussed.



      Get full access to Lenny's Newsletter at www.lennysnewsletter.com/subscribe

      Dylan Field live at Config: Intuition, simplicity, and the future of design

      Dylan Field live at Config: Intuition, simplicity, and the future of design

      Dylan Field is the co-founder and CEO of Figma, the collaborative design platform that has revolutionized how product teams work. In my first-ever live podcast, recorded at Figma Config, Dylan and I dig into:

      • How intuition and product taste drive Dylan’s decision-making

      • The challenge of keeping things simple

      • Dylan’s thoughts on the future of product management

      • Lessons from Figma’s early days

      • How Figma built their initial user base

      • Dylan’s journey from intern to CEO of a 1,000+-person company

      • The future of design tools and AI

      Brought to you by:

      WorkOS—Modern identity platform for B2B SaaS, free up to 1 million MAUs

      Anvil—The fastest way to build software for documents

      User Testing—Human understanding. Human experiences.

      Find the transcript at: https://www.lennysnewsletter.com/p/dylan-field-live-at-config

      Where to find Dylan Field:

      • X: https://x.com/zoink?lang=en

      • LinkedIn: https://www.linkedin.com/in/dylanfield/

      Where to find Lenny:

      • Newsletter: https://www.lennysnewsletter.com

      • X: https://twitter.com/lennysan

      • LinkedIn: https://www.linkedin.com/in/lennyrachitsky/

      In this episode, we cover:

      (00:00) Introduction

      (01:11) Welcoming Dylan Field

      (02:36) Highlights and surprises from Config

      (06:58) The philosophy of design

      (08:01) Raccoon feet and muffin hands

      (09:57) Building and refining intuition and product taste

      (12:50) How to influence leadership

      (16:14) The role of product managers

      (21:12) The future of product management

      (22:20) The importance of simplicity in design

      (26:10) The long road to Figma’s launch

      (27:44) Advice for aspiring entrepreneurs

      (29:07) Knowing when it’s time to ship

      (30:39) Early user acquisition strategies

      (35:50) Spotting trends and future innovations

      (39:20) Reflections on leadership and growth

      (43:16) Lightning round

      Referenced:

      • Mihika Kapoor on LinkedIn: https://www.linkedin.com/in/mihikakapoor/

      • Rick Rubin on the Creative Act—60 Minutes: https://www.youtube.com/watch?v=sE1teB5bN-w

      • Figma pages: https://help.figma.com/hc/en-us/articles/360038511293-Create-and-manage-pages

      • Leading through uncertainty: A design-led company—Brian Chesky (Config 2023): https://www.youtube.com/watch?v=Dkfijg7s76o

      • An inside look at how Figma builds product | Yuhki Yamashita (CPO of Figma): https://www.lennysnewsletter.com/p/an-inside-look-at-how-figma-builds

      • Vision, conviction, and hype: How to build 0 to 1 inside a company | Mihika Kapoor (Product at Figma): https://www.lennysnewsletter.com/p/vision-conviction-hype-mihika-kapoor

      • An inside look at Figma’s unique GTM motion | Claire Butler (first GTM hire): https://www.lennysnewsletter.com/p/an-inside-look-at-figmas-unique-bottom

      • Zigging vs. zagging: How HubSpot built a $30B company | Dharmesh Shah (co-founder/CTO): https://www.lennysnewsletter.com/p/lessons-from-30-years-of-building

      • Nadia Singer on LinkedIn: https://www.linkedin.com/in/nadiasinger/

      • Sho Kuwamoto on LinkedIn: https://www.linkedin.com/in/shokuwamoto/

      • FigJam: https://www.figma.com/figjam/

      • Tim Van Damme on LinkedIn: https://www.linkedin.com/in/tim-van-damme-maxvoltar/

      • Coda: https://coda.io/

      • Shishir Mehrotra on LinkedIn: https://www.linkedin.com/in/shishirmehrotra/

      • Websim: https://websim.ai/

      • eToys.com commercial (from Dylan’s childhood acting career): https://www.youtube.com/watch?v=k3Y92aCmmbU

      Production and marketing by https://penname.co/. For inquiries about sponsoring the podcast, email podcast@lennyrachitsky.com.

      Lenny may be an investor in the companies discussed.



      Get full access to Lenny's Newsletter at www.lennysnewsletter.com/subscribe

      The social radar: Y Combinator’s secret weapon | Jessica Livingston (co-founder of Y Combinator, author, podcast host)

      The social radar: Y Combinator’s secret weapon | Jessica Livingston (co-founder of Y Combinator, author, podcast host)

      Jessica Livingston is a co-founder of Y Combinator, the first and most successful startup accelerator. Y Combinator has funded over 5,000 companies, 200 of which are now unicorns, including Airbnb, Dropbox, DoorDash, Stripe, Coinbase, and Reddit. Jessica played a crucial role in YC’s early success, when she was nicknamed the “social radar” because of her uncanny ability to quickly evaluate people—an essential skill when investing in early-stage startups. She’s also the host of the popular podcast The Social Radars, where she interviews billion-dollar-startup founders, and the author of the acclaimed book Founders at Work, which captures the origin stories of some of today’s most interesting companies. In our conversation, we discuss:

      • How Jessica gained the affectionate title of the “social radar”

      • Why defensive founders are a red flag

      • How to develop your social radar

      • What she looks for in founders during YC interviews

      • How YC’s early inexperience in angel investing led to the batch model

      • Her favorite stories from interviews with Airbnb, Rippling, and more

      • Lessons learned from hosting her own podcast

      • Much more

      Brought to you by:

      Enterpret—Transform customer feedback into product growth

      Anvil—The fastest way to build software for documents

      Vanta—Automate compliance. Simplify security

      Find the transcript at: https://www.lennysnewsletter.com/p/the-social-radar-jessica-livingston

      Where to find Jessica Livingston:

      • X: https://x.com/jesslivingston

      • LinkedIn: https://www.linkedin.com/in/jessicalivingston1/

      • Podcast: https://www.thesocialradars.com/

      Where to find Lenny:

      • Newsletter: https://www.lennysnewsletter.com

      • X: https://twitter.com/lennysan

      • LinkedIn: https://www.linkedin.com/in/lennyrachitsky/

      In this episode, we cover:

      (00:00) Jessica’s background

      (02:42) Thoughts on being under-recognized

      (07:52) Jessica’s superpower: the social radar

      (15:11) Evaluating founders: key traits and red flags

      (21:00) The Airbnb story: a lesson in hustle and determination

      (25:57) A YC success story

      (28:26) The importance of earnestness

      (32:45) Confidence vs. defensiveness

      (34:43) Commitment and co-founder disputes

      (37:46) Relentless resourcefulness

      (40:00) Jessica’s social radar: origins and insights

      (43:24) Honing her social radar skills

      (45:44) Conviction and scams: a Y Combinator story

      (46:50) The interview process: challenges and insights

      (48:20) Operationalizing founder evaluation

      (49:38) Advice for building social radar skills

      (52:08) The “Reading the Mind in the Eyes” quiz

      (55:19) Jessica’s podcast: The Social Radars

      (01:00:34) Lessons from podcasting and interviewing

      (01:09:58) Lightning round

      Referenced:

      • Paul Graham’s post about Jessica: https://paulgraham.com/jessica.html

      • Paul Graham on X: https://x.com/paulg

      • Robert Tappan Morris: https://en.wikipedia.org/wiki/Robert_Tappan_Morris

      • Trevor Blackwell on X: https://x.com/tlbtlbtlb

      • Y Combinator: https://www.ycombinator.com/

      • “The Founders” examines the rise and legend of PayPal: https://www.economist.com/culture/2022/02/19/the-founders-examines-the-rise-and-legend-of-paypal

      • Patrick Collison on X: https://x.com/patrickc

      • John Collison on X: https://x.com/collision

      • Brian Chesky on LinkedIn: https://www.linkedin.com/in/brianchesky/

      • Nate Blecharczyk on LinkedIn: https://www.linkedin.com/in/blecharczyk/

      • Joe Gebbia on LinkedIn: https://www.linkedin.com/in/jgebbia/

      • Airbnb’s CEO says a $40 cereal box changed the course of the multibillion-dollar company: https://fortune.com/2023/04/19/airbnb-ceo-cereal-box-investors-changed-everything-billion-dollar-company/

      • Parker Conrad on LinkedIn: https://www.linkedin.com/in/parkerconrad/

      • Zenefits: https://connect.trinet.com/hr-platform

      • Goat: https://www.goat.com/

      • Eddy Lu on LinkedIn: https://www.linkedin.com/in/eddylu/

      • Drew Houston on LinkedIn: https://www.linkedin.com/in/drewhouston/

      • Arash Ferdowsi on LinkedIn: https://www.linkedin.com/in/arashferdowsi/

      • Lessons from 1,000+ YC startups: Resilience, tar pit ideas, pivoting, more | Dalton Caldwell (Y Combinator, Managing Director): https://www.lennysnewsletter.com/p/lessons-from-1000-yc-startups

      •Bitcoin launderer pleads guilty, admits to massive Bitfinex hack: https://www.cnbc.com/2023/08/03/new-york-man-admits-being-original-bitfinex-hacker-during-guilty-plea-in-dc-to-bitcoin-money-laundering.html

      • Paul Graham’s tweet with the facial recognition test: https://x.com/paulg/status/1782875262855663691

      • SmartLess podcast: https://www.smartless.com

      • Jason Bateman on X: https://x.com/batemanjason

      • Will Arnett on X: https://x.com/arnettwill

      • Sean Hayes on X: https://x.com/seanhayes

      • The Social Radars with Tony Xu, Co-Founder & CEO of DoorDash: https://www.ycombinator.com/library/Ja-tony-xu-co-founder-ceo-of-doordash

      • The Social Radars with Brian Chesky: https://www.ycombinator.com/library/JW-brian-chesky-co-founder-ceo-of-airbnb

      • The Social Radars with Patrick and John Collison: https://www.ycombinator.com/library/Kx-patrick-john-collison-co-founders-of-stripe

      • The Social Radars with Brian Armstrong: https://www.ycombinator.com/library/K3-brian-armstrong-co-founder-and-ceo-of-coinbase

      • The Social Radars with Emmett Shear: https://www.ycombinator.com/library/KM-emmett-shear-co-founder-of-twitch

      • The Social Radars with Paul Graham: https://www.ycombinator.com/library/JV-paul-graham-co-founder-of-y-combinator-and-viaweb

      • The Social Radars with Adora Cheung: https://www.ycombinator.com/library/L0-adora-cheung-co-founder-of-homejoy-instalab

      Founders at Work: Stories of Startups’ Early Days: https://www.amazon.com/Founders-Work-Stories-Startups-Early/dp/1430210788

      • Startup School: https://www.startupschool.org/

      • The Social Radars with Parker Conrad: https://www.ycombinator.com/library/Ky-parker-conrad-founder-of-zenefits-rippling

      • Rippling: https://www.rippling.com/

      Carry on, Jeeves: https://www.amazon.com/Carry-Jeeves-Dover-Thrift-Editions/dp/0486848957

      Very Good, Jeeves: https://www.amazon.com/Very-Good-Jeeves-Wooster-Book-ebook/dp/B0051GST06

      Right Ho, Jeeves: https://www.amazon.com/Right-Ho-Jeeves-P-Wodehouse-ebook/dp/B083FFDNHN/

      Life: https://www.amazon.com/Life-Keith-Richards-ebook/dp/B003UBTX72/

      My Name Is Barbra: https://www.amazon.com/My-Name-Barbra-Streisand/dp/0525429522

      Clarkson’s Farm on Prime: https://www.amazon.com/Clarksons-Farm-Season-1/dp/B095RHJ52R

      Schitt’s Creek on Hulu: https://www.hulu.com/series/schitts-creek-a2e7a946-9652-48a8-884b-3ea7ea4de273

      Yellowstone on Peacock: https://www.peacocktv.com/stream-tv/yellowstone

      • Sam Altman on X: https://x.com/sama

      • Justin Kan on LinkedIn: https://www.linkedin.com/in/justinkan/

      • Alexis Ohanian on X: https://x.com/alexisohanian

      • Steve Huffman on LinkedIn: https://www.linkedin.com/in/shuffman56/

      • Breaking News: Condé Nast/Wired Acquires Reddit: https://techcrunch.com/2006/10/31/breaking-news-conde-nastwired-acquires-reddit/

      • Charles River Venture: https://www.crv.com/

      Production and marketing by https://penname.co/. For inquiries about sponsoring the podcast, email podcast@lennyrachitsky.com.

      Lenny may be an investor in the companies discussed.



      Get full access to Lenny's Newsletter at www.lennysnewsletter.com/subscribe

      Making an impact through authenticity and curiosity | Ami Vora (CPO at Faire, ex-WhatsApp, FB, IG)

      Making an impact through authenticity and curiosity | Ami Vora (CPO at Faire, ex-WhatsApp, FB, IG)

      Ami Vora is the Chief Product Officer of Faire, which connects independent retailers and brands around the world. Before Faire, Ami spent over 15 years at Meta, including as VP of Product and Design for WhatsApp (2B+ users), VP of Product for Facebook’s ads system (now $130B of annual revenue), and director at Instagram. She began her career working on developer tools at Microsoft. In our conversation, we discuss:

      • Why execution eats strategy for breakfast

      • Using metaphor to rally teams around one shared goal

      • How to build cross-functional relationships

      • “Dinosaur brain,” “Toddler soccer,” and the “hill climbing” metaphors

      • A tactic for handling disagreement

      • Tips for working well with product-minded founders as a product leader

      • The story of Ami’s incredible 15-year journey from temp to VP at Meta

      • Much more

      Brought to you by:

      Sidebar—Accelerate your career by surrounding yourself with extraordinary peers.

      Anvil—The fastest way to build software for documents.

      User Testing—Human understanding. Human experiences.

      Find the transcript at: https://www.lennysnewsletter.com/p/authenticity-and-curiosity-ami-vora

      Where to find Ami Vora:

      • LinkedIn: https://www.linkedin.com/in/amvora/

      • Substack: https://amivora.substack.com/

      Where to find Lenny:

      • Newsletter: https://www.lennysnewsletter.com

      • X: https://twitter.com/lennysan

      • LinkedIn: https://www.linkedin.com/in/lennyrachitsky/

      In this episode, we cover:

      (00:00) Ami’s background

      (02:00) The myth of perfection in success

      (07:55) Emotionally connecting with the job

      (09:55) Embracing curiosity in moments of challenge

      (13:16) Thinking in feedback loops

      (17:17) The “dinosaur brain” metaphor in product reviews

      (20:20) Strategies for conducting effective product reviews

      (26:33) Using metaphors and imagery to communicate your vision

      (29:35) The power of having a shared narrative

      (31:55) WhatsApp: an example of metaphor in action

      (34:44) Emulating people that inspire you

      (36:19) WhatsApp video calling

      (37:35) Why execution is greater than strategy

      (41:36) Time allotment for strategy vs. execution

      (45:10) How to become a better strategic thinker

      (47:59) The intricacies of implementing feedback

      (51:53) Being a female leader in tech

      (55:13) Advice for young women in tech

      (56:07) Setting goals and aligning incentives

      (01:01:40) Acknowledging hard truths

      (01:05:46) Lessons from transitioning to Faire

      (01:08:40) The importance of a good CPO/CEO relationship

      (01:11:17) Vetting heads of product and maintaining customer focus

      (01:12:40) How Ami went from intern to leading major products at Meta

      (01:14:53) The one thing you should do to be successful in product

      (01:17:25) Lightning round

      Referenced:

      • Faire: https://www.faire.com/

      • Making Meta | Andrew “Boz” Bosworth (CTO): https://www.lennysnewsletter.com/p/making-meta-andrew-boz-bosworth-cto

      •  Community Wisdom: AMA with Dan Hockenmaier + Facilitating a roadmap session, structuring product teams, navigating an acquisition, companies not needing PMs anymore, and much more: https://www.lennysnewsletter.com/p/making-meta-andrew-boz-bosworth-cto

      • Developing a growth model + marketplace growth strategy | Dan Hockenmaier (Faire, Thumbtack, Reforge): https://www.lennysnewsletter.com/p/developing-a-growth-model-marketplace

      • Dan Hockenmaier’s website: https://www.danhock.com/

      • On Reviews: https://boz.com/articles/reviews

      • Finding a global optimum always feels like a hill climb: https://www.linkedin.com/posts/amvora_finding-a-global-optimum-always-feels-like-activity-7074776143882588161-jhyy/

      • Dolores Park: https://sfrecpark.org/892/Mission-Dolores-Park

      • Rob Goldman on LinkedIn: https://www.linkedin.com/in/robgoldman/

      • Execution eats strategy for breakfast, but execution without strategy leads to burnout: https://rationalpm.substack.com/p/execution-eats-strategy-for-breakfast

      • The goal of a “strategy” is to change our own team’s behavior: https://amivora.substack.com/p/the-goal-of-a-strategy-is-to-change

      • The paths to power: How to grow your influence and advance your career | Jeffrey Pfeffer (author of 7 Rules of Power, professor at Stanford GSB): https://www.lennysnewsletter.com/p/the-paths-to-power-jeffrey-pfeffer

      • Path to Power course outline: https://jeffreypfeffer.com/wp-content/uploads/2019/10/Pfeffer-OB377-Course-Outline-2018.pdf

      • Management Time: Who’s Got the Monkey?: https://hbr.org/1999/11/management-time-whos-got-the-monkey

      • Max Rhodes on LinkedIn: https://www.linkedin.com/in/max-rhodes/

      • Coupa Coffee: https://www.coupacafe.com/

      • Brandee Barker on LinkedIn: https://www.linkedin.com/in/brandeedbarker/

      Year of Yes: How to Dance It Out, Stand In the Sun and Be Your Own Person: https://www.amazon.com/Year-Yes-Dance-Stand-Person/dp/1476777128 

      • How to tell better stories | Matthew Dicks (Storyworthy): https://www.lennyspodcast.com/how-to-tell-better-stories-matthew-dicks-storyworthy/

      • A life of yes: Matthew Dicks at TEDxSomerville: https://www.youtube.com/watch?v=F3TaQFcaMk4

      The Office on Peacock: https://www.peacocktv.com/stream-tv/the-office

      30 Rock on Peacock: https://www.peacocktv.com/watch-online/tv/30-rock/6240863759978157112

      • Dall-E-2: https://openai.com/index/dall-e-2/

      • ChatGPT: https://chatgpt.com

      • Fellow kettles: https://fellowproducts.com/products/stagg-ekg-electric-pour-over-kettle

      • TikTok’s “Roman Empire” Meme, Explained: https://www.forbes.com/sites/danidiplacido/2023/09/21/tiktoks-roman-empire-meme-explained/

      Production and marketing by https://penname.co/. For inquiries about sponsoring the podcast, email podcast@lennyrachitsky.com.

      Lenny may be an investor in the companies discussed.



      Get full access to Lenny's Newsletter at www.lennysnewsletter.com/subscribe

      Hard-won lessons building 0 to 1 inside Atlassian | Tanguy Crusson (Head of Jira Product Discovery)

      Hard-won lessons building 0 to 1 inside Atlassian | Tanguy Crusson (Head of Jira Product Discovery)

      Tanguy Crusson is the product lead for Jira Product Discovery at Atlassian. In his more than 10 years at the company, he has been instrumental in taking several new products from zero to one, including HipChat, Statuspage, and Jira Product Discovery. In this episode, we dive deep into the struggles of innovating and building new products inside a large company. Tanguy shares candid stories about what worked, what didn’t, and his many hard-won lessons learned about how to successfully build 0 to 1. We cover:

      • Why large companies with so many advantages still fail at creating new products

      • Lessons learned from building HipChat

      • How to avoid common pitfalls like competitive myopia and premature scaling

      • Lessons learned from the acquisition and integration of Statuspage

      • Insights from the success of Jira Product Discovery

      • Tactics for protecting your “ugly babies”

      • The power of “lighthouse users”

      • The importance of having a “why now”

      • Much more

      Brought to you by:

      Vanta—Automate compliance. Simplify security

      WorkOS—Modern identity platform for B2B SaaS, free up to 1 million MAUs

      Coda—The all-in-one collaborative workspace

      Find the transcript at: https://www.lennysnewsletter.com/p/building-0-to-1-inside-atlassian-tanguy-crusson

      Where to find Tanguy Crusson:

      • X: https://x.com/tanguycrusson

      • LinkedIn: https://www.linkedin.com/in/tanguy-crusson-99832a

      Where to find Lenny:

      • Newsletter: https://www.lennysnewsletter.com

      • X: https://twitter.com/lennysan

      • LinkedIn: https://www.linkedin.com/in/lennyrachitsky/

      In this episode, we cover:

      (00:00) Tanguy’s background

      (02:30) Tanguy’s journey at Atlassian

      (07:03) The challenges of innovating in large companies

      (10:42) Atlassian's high bar for excellence 

      (12:58) The HipChat story: successes, failures, and lessons learned

      (20:47) Lessons learned from building HipChat

      (33:49) Statuspage: a journey of perseverance

      (39:48) Acquisition challenges and lessons

      (47:22) Strategic decisions: build, buy, or partner?

      (48:17) Learning to articulate "why now"

      (54:08) A quick summary of lessons in this episode

      (55:40) The success and pain of launching Jira Product Discovery 

      (58:10) Incubating new products: the Point A program

      (01:00:13) Failure is the most likely outcome

      (01:04:15) Atlassian's four-phase approach to launching new products

      (01:09:20) Breaking rules without breaking trust

      (01:16:16) Early success and team autonomy

      (01:17:22) Innovating without disrupting existing customers

      (01:23:17) The Lighthouse Users program

      (01:30:00) Protecting and nurturing new ideas

      (01:36:14) Balancing innovation with personal well-being

      (01:38:17) A reminder to look after yourself

      (01:42:06) Lightning round

      Referenced:

      • Atlassian: https://www.atlassian.com/

      • HipChat: https://community.atlassian.com/t5/Hipchat/ct-p/hipchat

      • Stride: https://community.atlassian.com/t5/Stride/ct-p/stride

      • Statuspage: https://www.atlassian.com/software/statuspage

      • Opsgenie: https://www.atlassian.com/software/opsgenie

      • Jira Product Discovery: https://www.atlassian.com/software/jira/product-discovery

      • HipChat billboard: https://x.com/HubSpot/status/654696998126272512

      • Announcing our new partnership with Slack: https://www.atlassian.com/blog/announcements/new-atlassian-slack-partnership

      • Slack shows it’s worried about Microsoft Teams with a full-page newspaper ad: https://www.theverge.com/2016/11/2/13497766/slack-microsoft-teams-new-york-times-ad

      • What Is ‘Dogfooding’?: https://www.nytimes.com/2022/11/14/business/dogfooding.html

      • Jira: https://www.atlassian.com/software/jira

      • Confluence: https://www.atlassian.com/software/confluence

      • PagerDuty: https://www.pagerduty.com/

      • New Relic: https://newrelic.com/

      • BigPanda: https://www.bigpanda.io/

      • Transparent Uptime: http://www.transparentuptime.com/

      • Vision, conviction, and hype: How to build 0 to 1 inside a company | Mihika Kapoor (Product at Figma): https://www.lennysnewsletter.com/p/vision-conviction-hype-mihika-kapoor

      • Figma: https://www.figma.com/

      • Lessons from Atlassian: Launching new products, getting buy-in, and staying ahead of the competition | Megan Cook (head of product, Jira): https://www.lennysnewsletter.com/p/lessons-from-atlassian-launching

      • Noah Weiss on LinkedIn: https://www.linkedin.com/in/noahw/

      • Tanguy’s LinkedIn post about “lighthouse users”: https://www.linkedin.com/posts/tanguy-crusson-99832a_lighthouse-users-one-of-the-pm-techniques-activity-7176654510801502210-hWNi/

      • Pixar Chief: Protect Your ‘Ugly Babies’ (Your Unsightly Ideas): https://www.forbes.com/sites/andyboynton/2014/03/17/pixar-chief-protect-your-ugly-babies-your-unsightly-ideas/

      • Atlas: https://www.atlassian.com/software/atlas

      • Point A: https://www.atlassian.com/point-a

      • Scott Farquhar on LinkedIn: https://www.linkedin.com/in/scottfarquhar

      Who: A Method for Hiring: https://www.amazon.com/Who-Method-Hiring-HC-2008/dp/B004C79SRS/

      Hakim’s Odyssey: Book 1: From Syria to Turkey: https://www.amazon.com/Hakims-Odyssey-Book-Syria-Turkey/dp/1637790007

      Living with the Earth, Volume 1: Permaculture, Ecoculture: Inspired by Nature: https://www.amazon.com/Living-Earth-Gardeners-Permaculture-Ecoculture/dp/1856232603/

      • INRIA: https://en.wikipedia.org/wiki/French_Institute_for_Research_in_Computer_Science_and_Automation

      • How a Hydrofoil Works: https://web.mit.edu/2.972/www/reports/hydrofoil/hydrofoil.html

      • What Is Kitefoil or Foilboarding?: https://www.whenitswindy.com/wp/?page_id=534

      • Freediving: https://en.wikipedia.org/wiki/Freediving

      • Tanguy’s freediving stats: https://www.aidainternational.org/Athletes/Profile-00000000-0000-0000-0000-000000000a45

      • Perplexity: https://www.perplexity.com/

      Production and marketing by https://penname.co/. For inquiries about sponsoring the podcast, email podcast@lennyrachitsky.com.

      Lenny may be an investor in the companies discussed.



      Get full access to Lenny's Newsletter at www.lennysnewsletter.com/subscribe

      Related Episodes

      How to own your career growth and become a powerful product leader | Deb Liu, Ancestry (ex-Facebook, PayPal)

      How to own your career growth and become a powerful product leader | Deb Liu, Ancestry (ex-Facebook, PayPal)

      Do you put as much time into your career planning as you do into your product planning? Deb Liu has had an extraordinary career path, from Ebay and PayPal, to Facebook, and now Ancestry. She’s sat in on, mentored, and managed hundreds of product managers. In this episode, she shares poignant advice on how to intentionally find growth opportunities and drive your career forward. Join us.

      Find the full transcript here: https://www.lennyspodcast.com/how-to-own-your-career-growth-and-become-a-powerful-product-leader-deb-liu-ancestry-ex-facebook-paypal/#transcript

      Thank you to our wonderful sponsors for making this episode possible:

      • Flatfile: https://www.flatfile.com/lenny

      • Amplitude: https://amplitude.com/

      • Makelog: https://www.makelog.com/lenny

      Where to find Deb Liu:

      • Twitter: https://twitter.com/debliu_

      • LinkedIn: https://www.linkedin.com/in/deborahliu/

      • Substack: https://debliu.substack.com/

      Where to find Lenny:

      • Newsletter: https://www.lennysnewsletter.com

      • Twitter: https://twitter.com/lennysan

      • LinkedIn: https://www.linkedin.com/in/lennyrachitsky/

      Referenced:

      • Take Back Your Power: 10 New Rules for Women at Work (Deb’s Book): https://www.amazon.com/Take-Back-Your-Power-Rules/dp/031036485X

      • How To Change Your Life Through Resolutions: https://debliu.substack.com/p/resolve-to-progress

      In this episode, we cover:

      [04:32] What it was like when eBay acquired PayPal

      [07:31] Quirky culture clashes as the companies merged

      [09:46] How incentives drive employee behavior

      [14:43] How Deb took on a product management role at a young age

      [17:51] PayPal’s hiring strategy for early growth

      [20:03] How to succeed as an introverted leader

      [25:29] What sets successful Product Managers apart from one’s who plateau

      [27:09] Specific tactics for unlocking growth in your Product Management career

      [32:06] How to find and create mentorship circles

      [36:30] The most important skill for early Product Managers to focus on

      [43:58] How to grow your confidence in communication

      [46:55] Deb’s upcoming book "Take Back Your Power"

      [50:35] One tactical tip from Deb’s upcoming book on how to improve your Product Management

      [52:09] How to get involved with Women In Product

      [57:11] How companies can recruit more diverse Product Managers

      [1:00:04] How Deb built Facebook marketplace from scratch

      [1:06:03] The blessing and curse of gaining a lot of users quickly



      Get full access to Lenny's Newsletter at www.lennysnewsletter.com/subscribe

      Lessons from scaling Ramp | Sri Batchu (Ramp, Instacart, Opendoor)

      Lessons from scaling Ramp | Sri Batchu (Ramp, Instacart, Opendoor)

      Brought to you by Attio—The powerful, flexible CRM for fast-growing startups | Coda—Meet the evolution of docs | Eppo—Run reliable, impactful experiments

      Sri Batchu currently leads growth at Ramp, the fastest-growing SaaS business (and fintech business) in history. Previously, he led growth strategy and operations at Instacart and was one of the first 50 employees at Opendoor, where he built, scaled, and managed a variety of business teams, including analytics, sales, and pricing. During his time there, the company grew from $100M to $5B+ in revenue and to 1,500+ people. In this episode, we discuss:• The surprising tactics behind Ramp’s unprecedented early growth• A breakdown of Ramp’s current growth org and growth channels• Why you need to be “failing conclusively”• Ramp’s unique approach to metrics and measurement• Examples of Ramp’s “secret sauce”: a data- and technology-driven approach to everything• Why Sri prioritizes employee autonomy and flexibility over hours worked• Why team structure is a red herring for growth teams, and what Sri focuses on instead• How to set good North Star metrics, and why you should have more than one• Why Sri prefers payback periods over CAC for measuring investment ROI

      Find the full transcript at: https://www.lennyspodcast.com/lessons-from-scaling-ramp-sri-batchu-ramp-instacart-opendoor/#transcript

      Where to find Sri Batchu:

      • Twitter: https://twitter.com/sri_batchu

      • LinkedIn: https://www.linkedin.com/in/sribatchu/

      Where to find Lenny:

      • Newsletter: https://www.lennysnewsletter.com

      • Twitter: https://twitter.com/lennysan

      • LinkedIn: https://www.linkedin.com/in/lennyrachitsky/

      In this episode, we cover:

      (00:00) Sri’s background

      (04:07) Stats surrounding Ramp’s hypergrowth

      (06:20) How Ramp set the stage for their remarkable growth

      (09:19) New customers vs. customer expansion

      (10:20) How Ramp has prioritized data-driven decisions

      (12:12) Ramp’s growth engineering team, and how it supports the sales team

      (13:41) The structure of the growth team at Ramp

      (14:36) The “skunk works” team

      (15:49) How Ramp maintains working at such high velocity

      (19:11) How Ramp boosts morale and keeps employees engaged and excited

      (21:45) How to promote hard work

      (25:10) Optimizing efficiency in your growth engine

      (27:28) Leveraging PR and fundraising

      (29:20) Traditional media vs. newsletters and podcasts

      (30:49) Building a repeatable and scalable growth process

      (32:28) Examples of good North Star metrics

      (37:09) Lower-level metrics

      (40:30) When it makes sense to use the North Star framework

      (42:03) Why Ramp doesn’t allow signups through personal emails, and how to reach out if you’re in that position

      (43:11) Efficiency metrics and volume metrics

      (46:49) Payback period vs. CAC for measuring ROI

      (48:55) Defining payback period and contribution margin

      (49:51) How to sequence growth tactics for B2B

      (52:18) Experimentation and the importance of failing conclusively

      (58:06) Ramp’s tool stack

      (1:00:32) How to hire great people

      (1:03:21) The importance of compensating employees properly

      (1:06:28) The MECE framework

      (1:09:21) Lightning round

      Referenced:

      • How Ramp builds product, in Lenny’s Newsletter: https://www.lennysnewsletter.com/p/how-ramp-builds-product

      • Eight Sleep: https://www.eightsleep.com/

      • Keith Rabois on LinkedIn: https://www.linkedin.com/in/keith/

      • Packy McCormick’s article on Ramp: https://www.notboring.co/p/ramps-double-unicorn-rounds-behind

      • Gibson Biddle’s framework: https://gibsonbiddle.medium.com/9-the-gem-model-65c89face5de

      • DoorDash’s business model: https://businessmodelanalyst.com/doordash-business-model/

      • Airtable: https://www.airtable.com/

      • Mutiny: https://www.mutinyhq.com/

      • Gokul Rajaram on Twitter: https://twitter.com/gokulr

      • Claire Hughes Johnson on Lenny’s Podcast: https://www.lennyspodcast.com/lessons-from-scaling-stripe/

      • MECE principle: https://productfolio.com/mece-principal/

      Never Split the Difference: Negotiating as If Your Life Depended on It: https://www.amazon.com/Never-Split-Difference-Negotiating-Depended/dp/0062407805

      Stories of Your Life and Others: https://www.amazon.com/Stories-Your-Life-Others-Chiang/dp/1101972122/r

      Everything Everywhere All at Once on Hulu: https://www.hulu.com/movie/everything-everywhere-all-at-once-fa320000-8cf3-46fc-8c45-df5ec67b71f2

      • Fellow kettles: https://fellowproducts.com/

      Production and marketing by https://penname.co/. For inquiries about sponsoring the podcast, email podcast@lennyrachitsky.com.

      Lenny may be an investor in the companies discussed.



      Get full access to Lenny's Newsletter at www.lennysnewsletter.com/subscribe

      Merci Grace (ex-Head of Growth at Slack) on PLG, interviewing, storytelling, building a diverse team, hiring salespeople, building a growth team, and much more

      Merci Grace (ex-Head of Growth at Slack) on PLG, interviewing, storytelling, building a diverse team, hiring salespeople, building a growth team, and much more

      Merci Grace has been a founder, an investor (at Lightspeed Ventures), head of product and growth (at Slack), and is now a founder again (Panobi). She’s also one of the co-founders of Women in Product, and Fast Company named her one of the Most Creative People in 2017.

      Thank you to our wonderful sponsors for making this episode possible:

      Dovetail: https://dovetailapp.com/lenny

      Mixpanel: https://mixpanel.com/startups

      Whimsical: https://whimsical.com/lenny

      In this episode, we cover:

      [3:41] Merci’s path to Head of Product and Growth at Slack

      [4:42] What Merci learned from being a VC that helps her be a better founder

      [6:50] How to tell a compelling story

      [9:43] What most people don’t know about Slack

      [10:27] Why Slack hasn’t created a consumer/social product

      [15:14] How Slack innovated the PLG motion

      [17:14] Slack’s early growth strategy

      [19:57] Slack’s activation point

      [22:10] Why it’s important to find connectors within a company

      [26:40] Lessons from optimizing Slack’s onboarding flow

      [32:12] Most common mistakes in going PLG

      [35:56] Signs you can go PLG

      [38:10] PLG vs. bottom-up

      [40:23] Importance of day-zero value in your tool

      [42:17] When to bring in your first salesperson

      [44:47] How to hire amazing people

      [50:21] Storytelling and Slack’s culture

      [51:04] How and when to build a growth team

      [52:08] How to build a more diverse team

      Where to find Merci:

      • Panobi: https://panobi.com/

      • LinkedIn: https://www.linkedin.com/in/merci/

      • Twitter: https://twitter.com/merci

      • Website: https://mercigrace.co/

      • Women in Product: https://www.womenpm.org/



      Get full access to Lenny's Newsletter at www.lennysnewsletter.com/subscribe

      Adam Harmetz - The secrets to the most powerful tool to manage your time

      Adam Harmetz - The secrets to the most powerful tool to manage your time
      With a year in the life of Microsoft Product Executive Adam Harmetz looking abit like this - 2,000 meetings attended.  4,000 instant message chats.  7,000 emails sent. Adam knows a thing or two about managing his time and communication mediums. Adam's team delivers experiences across a variety of products like Microsoft Teams, SharePoint, OneDrive, and Microsoft Search. In this epside, I have a chat with Adam andget an insight into how Adam manages his time and some practical techniques he uses.

      A concept called "The Calendar Audit", what it is, how you conduct one and the benefits it brings. We also touch on the high-calorie information diet, then dive into how Adam has reconfigured his Monday morning routines during the pandemic, which he say is the best change to his work style that he has made in the past decade.

      Connect with Adam:

      Blog: Adam Harmetz - Mind the Beet

      Twitter: Adam Harmetz (@AdamHarmetz) / Twitter

      LinkedIn: Adam Harmetz | LinkedIn

       

      Leveraging mentors to uplevel your career | Jules Walter (YouTube, Slack)

      Leveraging mentors to uplevel your career | Jules Walter (YouTube, Slack)

      Jules Walter is a product leader at YouTube and co-founder of both the Black Product Managers Network and Codepath.org. Previously, he led monetization and mobile growth teams at Slack. He’s also a very well-known leader in the broader product community. In today’s episode, we discuss the skills that matter most to PMs, and how to build those skills. We also spend quite a bit of time talking about the importance of finding mentors to help you learn new skills, how to nail your next job interview, barriers to entry for underrepresented people, and some of the most common paths into product management.

      Find the full transcript at: https://www.lennyspodcast.com/leveraging-mentors-to-uplevel-your-career-jules-walter-youtube-slack/

      Thank you to our wonderful sponsors for supporting this podcast:

      • Vanta—Automate compliance. Simplify security: https://vanta.com/lenny

      • Notion—One workspace. Every team: https://www.notion.com/lennyspod

      • Linear—The new standard for modern software development: https://linear.app/lenny

      Where to find Jules Walter:

      • Twitter: https://twitter.com/julesdwalt

      • LinkedIn: https://www.linkedin.com/in/juleswalter/

      Where to find Lenny:

      • Newsletter: https://www.lennysnewsletter.com

      • Twitter: https://twitter.com/lennysan

      • LinkedIn: https://www.linkedin.com/in/lennyrachitsky/

      Referenced:

      • Black Product Managers Network: https://www.blackproductmanagers.com

      • Maryanna Quigless on LinkedIn: https://www.linkedin.com/in/quigless/

      • Brittany Bankston on LinkedIn: https://www.linkedin.com/in/brittany-bankston-77693a85/

      • Benin Saffo on LinkedIn: https://www.linkedin.com/in/benin-saffo/

      • Lawrence Ripsher on LinkedIn: https://www.linkedin.com/in/lawrenceripsher/

      • Matt Mochary on Lenny’s Podcast: https://www.lennyspodcast.com/videos/how-to-fire-people-with-grace-work-through-fear-and-nurture-innovation-matt-mochary/

      • Adriel Frederick on Lenny’s Podcast: https://podcasts.apple.com/us/podcast/humanizing-product-development-adriel-frederick-reddit/id1627920305?i=1000583287891

      • Bangaly Kaba on LinkedIn: https://www.linkedin.com/in/iambangaly/

      The Minto Pyramid Principle: Logic in Writing, Thinking, and Problem Solving: https://www.amazon.com/Minto-Pyramid-Principle-Writing-Thinking/dp/0960191046

      • Pathwise Leadership: https://pathwiseleadership.com/

      • Erin Teague on LinkedIn: https://www.linkedin.com/in/erinteague/

      • Bradley Horowitz on LinkedIn: https://www.linkedin.com/in/bradleyhorowitz/

      • Nikhyl Singhal on LinkedIn: https://www.linkedin.com/in/nikhyl/

      • Tim Ferriss on what makes a great mentor: https://www.businessinsider.com/tim-ferriss-what-makes-great-mentor-2017-11

      Never Split the Difference: Negotiating As If Your Life Depended on It: https://www.amazon.com/Never-Split-Difference-audiobook/dp/B01COR1GM2

      Connect: Building Exceptional Relationships with Family, Friends and Colleagueshttps://www.amazon.com/Connect-Building-Exceptional-Relationships-Colleagues/dp/0241986869

      • Chris Voss’s MasterClass on negotiating in the workplace: https://www.masterclass.com/sessions/classes/win-workplace-negotiations

      • Lex Fridman’s podcast: https://lexfridman.com/podcast/

      Never Have I Ever on Netflix: https://www.netflix.com/title/80179190

      Top Gun: Maverick on YouTube: https://www.youtube.com/watch?v=0KBTJBiL3oQ

      Interview Prep Communities:

      • Lewis C Lin's Interview Community: https://join.slack.com/t/pminterview/shared_invite/zt-1mqc5lzdt-SZuIvbzZIl8ob7UJeydVGg

      • Exponent: https://www.tryexponent.com/

      • StellarPeers: https://stellarpeers.com/

      In this episode, we cover:

      (00:00) Jules’s background

      (06:07) Two paths to becoming a product manager

      (07:20) How Jules became the first growth PM at Slack

      (09:03) Black Product Managers Network and Codepath.org

      (12:05) The most important skills to refine as a PM: IQ skills and EQ skills

      (14:48) How to improve your interview skills 

      (18:50) Why interviewing is more difficult for underrepresented people

      (20:39) EQ skills: what are they and how to improve them

      (22:44) The EQ skills Jules has had to develop over the course of his career

      (24:27) The importance of having a mentor or coach for self-reflection

      (26:09) How cultivating self-awareness helped Jules improve his communication

      (30:13) Strategies for learning new skills

      (35:32) Improving strategy, execution, and product sense

      (37:00) How identifying best practices can help you improve skills

      (40:22) Communicating clearly and asking for feedback

      (42:38) Methods Jules uses to improve skills

      (45:31) How to approach asking for feedback

      (47:46) Why it’s harder to get honest feedback on EQ skills

      (50:56) The importance of understanding your strengths and weaknesses and leaning into the former

      (55:18) Jules’s most impactful mentors

      (56:14) The qualities to look for in a good mentor and how to approach them

      (1:02:15) How to foster the best relationship with your mentor

      (1:06:51) Lightning round

      Production and marketing by https://penname.co/. For inquiries about sponsoring the podcast, email podcast@lennyrachitsky.com.



      Get full access to Lenny's Newsletter at www.lennysnewsletter.com/subscribe