Drawer 01 · 618 notes · 122 people · 2005–2026

Product strategy & vision

Strategy, vision, positioning, moats, and deciding what to build

Q:
Answers from Product strategy & vision notes, cited
HEY World · Jason FriedJul 25, 2025

Knives and battleships

Jul 25, 2025

“From time to time we get criticized for making "yet another to-do list" product. Or a chat product. Or a messaging product. Or something we've kinda sorta already made before, just in a different form, combination, or approach. "How about something else? How about something bigger? How about something completely different?" David even reflected on it personally in his recent…”

SVPG · Marty CaganJun 25, 2007

Build New or Fix Old?

Jun 25, 2007 · 3 min

Marty Cagan argues against setting a fixed percentage split between new product development and improving existing products. Instead, every investment, whether new or improvement, should be treated as a product…

SVPG · Marty CaganJun 26, 2009

Lessons from the VC Industry

Jun 26, 2009 · 7 min

Marty Cagan argues that product companies can learn a great deal from venture capital firms, which are also in the business of making product investments and maximizing returns. He contrasts VC practices with typical…

SVPG · Marty CaganMay 18, 2012

Product Scorecard Stages

May 18, 2012 · 4 min

Marty Cagan argues that a product team's primary scorecard metric should change depending on the stage the product is in. He describes three stages: MVP, where the only goal is winning several happy, referenceable…

SVPG · Marty CaganNov 23, 2010

Defining Product

Nov 23, 2010 · 3 min

Marty Cagan argues that 'product' is unclear in Internet companies, where software is intangible and large sites are split into many smaller products largely for internal organizational reasons. He proposes defining…

SVPG · Marty CaganJun 28, 2016

Technology-Powered Disruption

Jun 28, 2016 · 3 min

Marty Cagan extends Marc Andreessen's 'software is eating the world' thesis beyond software itself, arguing that modern product techniques are disrupting entrenched industries such as automotive, animation, and…

Lenny’s Newsletter · Free post♥ 1,022

How Duolingo reignited user growth

Feb 28, 2023 · 21 min

Jorge Mazal, former CPO of Duolingo, recounts how the company reversed a slide in daily active user growth and eventually grew DAU about 4.5x over four years. The journey began with failed attempts: a…

SVPG · Marty CaganAug 31, 2010

The CEO as Head of Product

Aug 31, 2010 · 3 min

Marty Cagan argues that in many startups the CEO is the most effective head of product, especially in consumer companies, because the CEO best understands the market, customer and company and is fully committed. He…

Lenny’s Newsletter♥ 61

Differentiating your product

Jan 11, 2022 · 9 min
Subscriber post — summary only

Lenny Rachitsky argues that product differentiation is essential, drawing on Michael Porter's view that winners either operate better or perform differently from rivals. The post lays out seven practical differentiators…

Lenny’s Newsletter · Free post♥ 231

The Best of Lenny’s Newsletter 2023

Dec 12, 2023 · 11 min

Lenny Rachitsky's annual year-end roundup revisits his past newsletter posts and podcast episodes and reorganizes the best of them by reader job-to-be-done, such as sharpening product skills, growing a product, scaling…

SVPG · Marty CaganJul 27, 2008

Global Product Management

Jul 27, 2008 · 5 min

Marty Cagan argues that web products spread worldwide quickly, but making them work well in other countries requires a different product approach than simply localizing a US product. Early companies that handed off US…

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…

HEY World · Jason FriedMay 8, 2025

Why new when?

May 8, 2025

Jason Fried, co-founder of Basecamp, answers a common question: why build something brand new instead of adding it to an existing product? He argues that a fresh start gives teams the freedom to explore new technology…

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 CaganMay 2, 2016

Product Success

May 2, 2016 · 10 min

Marty Cagan follows up his earlier talk on why product teams fail by describing ten attributes of strong product teams operating under a Continuous Discovery and Delivery model. He argues that empowered, durable…

SVPG · Marty CaganJan 27, 2025

The Product Model and Agile

Jan 27, 2025 · 4 min

Marty Cagan addresses a recurring question: how Agile relates to the Product Operating Model. He argues Agile is only one of three dimensions of the product model, covering how software is built, tested, and deployed…

SVPG · Marty CaganJun 1, 2009

The Product Scorecard

Jun 1, 2009 · 5 min

Cagan argues that many companies lack a clear way to tell whether product managers' work actually aligns with business strategy, and that teams drift into chasing feature ideas. He proposes a 'Product Scorecard': a…