Drawer 09 · 291 notes · 89 people · 2005–2026

Startups & founders

Product-market fit, fundraising, early-stage building, and founder lessons

Q:
Answers from Startups & founders notes, cited
SVPG · Marty CaganJan 22, 2013

Top-Down Dates

Jan 22, 2013 · 3 min

Marty Cagan examines top-down deadlines, where management sets a date for a major outcome such as a trade show debut or a startup's runway limit. He acknowledges that such deadlines can create a powerful sense of…

SVPG · Marty CaganApr 27, 2021

Product vs. Project Teams

Apr 27, 2021 · 4 min

Marty Cagan revisits the distinction between product teams and project teams, which he says he should have written about sooner, after hoping the problem had faded. A product team is durable and owns an outcome over one…

Lenny’s Newsletter♥ 135

How to determine your activation metric

Nov 8, 2022 · 17 min
Subscriber post — summary only

A follow-up on activation metrics explaining a three-step method: brainstorm candidate moments from usage data, test them with regression against retention, then run experiments to confirm causality. It adds real reader…

Lenny’s Podcast86 min

When enough is enough

Andy Johns · Sep 10, 2023
Key learnings
  • Treat persistent disruption to sleep, relationships, physical health, and daily routines as a clear signal that something needs…
  • Recognize that many high achievers tie self-worth to achievement; identify those adaptations that once helped you but may now be…
  • Start with a therapist or counselor, and choose based on feeling safe and comfortable, ideally with someone intellectually at…
Lenny’s Podcast121 min

The creator of WordPress opens up about becoming an internet villain, why he’s taking a stand, and the future of open source

Matt Mullenweg · Mar 2, 2025
Key learnings
  • Build a movement, not just a product: give community members a philosophy and shared identity, plus many ways to contribute…
  • A platform only becomes durable when its ecosystem of plugins and themes is a moat competitors can't easily replicate.
  • Open source licensing like the GPL guarantees users and builders keep their freedoms even if the steward changes course…
HEY World · Jason FriedMar 25, 2025

Go do business

Mar 25, 2025

Jason Fried argues that business cannot be learned from books, posts, or threads, because it is a practical skill built through doing. He compares it to music and sports, where reading about a craft never substitutes…

SVPG · Marty CaganSep 14, 2005

The End of Innovation?

Sep 14, 2005 · 3 min

Marty Cagan argues that product opportunities are far from exhausted, pointing to three reasons: products that frustrate users always invite better alternatives, what is technically feasible keeps shifting, and today's…

Lenny’s Newsletter♥ 16

Navigating your early career

Aug 11, 2020 · 9 min
Subscriber post — summary only

Lenny Rachitsky shares five strategies from his own early career for people in their 20s deciding on roles, quitting jobs, and new ventures. He argues against over-optimizing for resume checkboxes, follows interests…

SVPG · Marty CaganMar 14, 2005

Platform Product Management

Mar 14, 2005 · 3 min

Marty Cagan argues that platform product management, which means building foundation software that other companies use to create end-user solutions, is among the hardest and highest-leverage jobs in product. He first…

SVPG · Marty CaganDec 11, 2011

Measuring Innovation

Dec 11, 2011

Marty Cagan argues that popular product measurement tools, such as product scorecards and Eric Ries's 'innovation accounting', are valuable for focusing on outcomes but are insufficient on their own. Measuring only…

SVPG · Marty CaganMay 12, 2008

Market Discovery vs. Product Discovery

May 12, 2008

Cagan distinguishes market discovery, which identifies worthwhile opportunities or markets, from product discovery, which determines whether a specific product is valuable, usable, and feasible. He argues the two are…

Product Talk · Teresa TorresAug 2, 2012

Oded Korczyn: On Becoming a Product Manager

Aug 2, 2012 · 3 min

Teresa Torres interviews Oded Korczyn, who moved into his first formal product management role at AfterCollege despite never having held one. Oded draws on his anthropology background and startup experience, where he…

SVPG · Marty CaganAug 23, 2009

The Two-Week Rule

Aug 23, 2009

Marty Cagan argues that many product teams delay validating their ideas with real customers until it is too late, and that this delay is a common cause of disastrous product results. He notes that people often agree in…

HEY World · Jason FriedFeb 6, 2025

What's still here?

Feb 6, 2025

Jason Fried argues that while curiosity about what's new is expected, it is more valuable to study what has lasted. Products, practices, and ideas that survive repeated attempts to kill them contain durable lessons…

SVPG · Marty CaganJan 21, 2025

M&A and the Product Model

Jan 21, 2025 · 8 min

Cagan and Fredell argue that most M&A deals fail to deliver expected results, and that the usual due diligence misses what matters most: whether the acquired organization can keep building successful products under the…

SVPG · Marty CaganFeb 10, 2009

Inspiring Product Leaders

Feb 10, 2009 · 3 min

Marty Cagan writes a tribute to Mike Homer, a Silicon Valley pioneer and mentor who died of CJD, using his memorial service to reflect on what makes great product leaders. Cagan argues that the best leaders are deeply…

SVPG · Marty CaganOct 21, 2015

Discovery vs. Delivery

Oct 21, 2015 · 5 min

Cagan argues that product teams face two simultaneous goals: learning fast through discovery about what customers need, and delivering robust, scalable, production-quality software they can release with confidence…

Lenny’s Newsletter♥ 21

Types of business models

May 11, 2021 · 9 min
Subscriber post — summary only

A reader question about business model types prompts this issue, which the author notes was hard to find summarized anywhere. It lays out eight core ways businesses make money, such as selling a thing, renting, taking a…

SVPG · Marty CaganJun 14, 2021

So You Want To Write a Book?

Jun 14, 2021 · 28 min

Marty Cagan, author of four bestselling product books, shares his process for writing non-fiction books, framing the book as a product whose readers are customers. He argues that the decisive factor is whether the…

SVPG · Marty CaganAug 14, 2005

The New Old Thing

Aug 14, 2005

Cagan argues that the next big product is usually not a wholly new market but a new version of something existing that does the job far better, faster, or cheaper, thereby redefining its category. He illustrates this…