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SVPG · Marty CaganJun 6, 2022

Ensuring Excellence

Jun 6, 2022 · 5 min

Cagan argues that beyond empowered teams hitting measurable outcomes, the best product companies also pursue a harder-to-define standard of excellence: desirability, delight, or 'spirit.' He acknowledges the tension…

SVPG · Marty CaganMay 31, 2022

Transformation Defined

May 31, 2022 · 4 min

Cagan and Moore argue that 'transformation' is often described with labels like Agile or product-led, which fail to capture what actually changes. They propose defining transformation by three concrete shifts: how a…

Lenny’s Newsletter♥ 98

Product management career ladders

May 24, 2022 · 4 min
Subscriber post — summary only

Lenny Rachitsky shares high-level structures from 20+ large companies' product management career ladders, including titles by level, evaluated competencies, and where IC and manager tracks split. He argues career…

Lenny’s Newsletter♥ 93

How to win in consumer subscription

May 17, 2022 · 20 min
Subscriber post — summary only

Lenny draws on interviews with founders and product leaders at Noom, Duolingo, Grammarly, Calm, Spotify, Future, Flo and others to explain what helps consumer subscription apps last. The core argument is that winners…

SVPG · Marty CaganMay 12, 2022

The Supermarket of Software

May 12, 2022 · 4 min

Marty Cagan argues that software buyers face an overwhelming marketplace, with tens of thousands of apps and thousands of solutions per category, so simply building a product no longer guarantees adoption. To win…

Lenny’s Newsletter · Free post♥ 148

How to validate your startup idea

May 10, 2022 · 56 min

Todd Jackson, a seed-stage investor at First Round Capital, interviewed founders of eight companies (Vanta, Flexport, Cocoon, Good Dog, Snackpass, Rec Room, LaunchDarkly, Pinwheel) about how they chose and validated…

Lenny’s Newsletter♥ 84

What is a good growth rate

Apr 26, 2022 · 12 min
Subscriber post — summary only

Lenny Rachitsky surveys about two dozen venture investors on what growth rates count as good or great at each stage of a business. The post argues that early-stage investors weigh time-to-$1M ARR, retention, and…

Lenny’s Newsletter♥ 123

Preparing for a PM interview

Apr 19, 2022 · 5 min
Subscriber post — summary only

Lenny Rachitsky lays out a three-part approach to preparing for product manager interviews: research the product, company and interview process; practice with real people through mock interviews and coaching; and study…

Lenny’s Newsletter · Free post♥ 146

How to know when to stop

Apr 12, 2022 · 26 min

Andy Johns, a growth leader who stepped away from a presidency at Wealthfront after a heart scare, argues that high achievers need a deliberate way to recognize and respect their personal limits. He introduces a…

SVPG · Marty CaganApr 10, 2022

Best vs. Rest Explained

Apr 10, 2022 · 3 min

Marty Cagan revisits The Lost Interview with Steve Jobs to answer a question he has struggled with: why do so many product companies remain weak when the best ones are the most valuable in the world? Rather than…

SVPG · Marty CaganMar 26, 2022

The Nature of Product

Mar 26, 2022 · 3 min

Marty Cagan argues that the essential nature of technology-powered products is hard to grasp until you've worked on a strong product team, and that most people think they understand it but don't. He highlights a rarely…

Lenny’s Newsletter♥ 101

How to interview product managers

Mar 22, 2022 · 19 min
Subscriber post — summary only

Lenny Rachitsky lays out a practical playbook for interviewing product managers: a multi-stage funnel with screens, a full-day loop, and panel debriefs. He covers which skills to test, sample questions, how to design…

SVPG · Marty CaganMar 19, 2022

Coaching vs. Mentoring

Mar 19, 2022 · 3 min

Marty Cagan distinguishes coaching from mentoring using a distinction he learned from Bill Campbell. Both are valuable, but mentoring is offered as honest opinion the mentee may or may not act on, so the mentor carries…

Lenny’s Newsletter · Free post♥ 363

How to develop product sense

Mar 15, 2022 · 18 min

Jules Walter argues that product sense is a learned skill rather than an innate talent, defined as consistently crafting products that have the intended impact on users through empathy and creativity. He offers four…

SVPG · Marty CaganMar 10, 2022

<strong>Sling TV’s Need for Speed</strong>

Mar 10, 2022

This article profiles Sling TV, the streaming service that positioned itself as an early OTT provider, and argues that continuous reinvention and speed are central to its growth. Its SVP of Strategy and Technology…

Lenny’s Newsletter♥ 34

Freemium vs. trial

Mar 8, 2022 · 9 min
Subscriber post — summary only

Lenny explains when a product should be free and how to choose between freemium and a free trial, based on an analysis of about 50 SaaS pricing models. He frames free as an acquisition strategy, either disrupting a…

SVPG · Marty CaganMar 3, 2022

Protecting the Planet, One Customer at a Time

Mar 3, 2022

This article describes how John Deere, a 185-year-old equipment maker, is repositioning itself as a technology company centered on "smart farming." Facing a projected global population of 9.6 billion by 2050 and rising…

SVPG · Marty CaganMar 3, 2022

Transformation as a Personal Journey

Mar 3, 2022 · 3 min

This essay describes how Ramsey Solutions, a financial education company, approached its digital transformation by first examining its own identity and capabilities rather than only envisioning its future. Its CEO's…

Lenny’s Newsletter♥ 46

What is good waitlist conversion

Mar 1, 2022 · 7 min
Subscriber post — summary only

Lenny Rachitsky opens with a note on the war in Ukraine and ways to help, then answers a reader question about waitlist conversion. Drawing on founder input, he shares rough conversion benchmarks for free sign-ups, paid…

SVPG · Marty CaganFeb 24, 2022

The Freedom to Grow

Feb 24, 2022

This piece profiles Datasite, formerly Merrill Corporation, a financial-document printer that had to reinvent itself as cloud demand grew. The company was slow, hierarchical and risk-averse, so it reframed its culture…

SVPG · Marty CaganFeb 24, 2022

Failure as a Springboard to Success

Feb 24, 2022 · 3 min

This essay recounts how Datasite, a SaaS provider for dealmaking, rebuilt its outdated platform under pressure to keep clients from leaving. When the platform failed during a beta launch with an Irish client, the…

SVPG · Marty CaganFeb 21, 2022

Types of Product Coaching

Feb 21, 2022 · 4 min

Marty Cagan proposes a simple taxonomy for the types of product coaching, since no widely accepted vocabulary exists yet. He distinguishes product-related coaching (delivery, discovery, product leadership, and…