The Ledger

Every statement that passed quotation and attribution checks. Mix any filter with any other: certainty 1/5, debate potential 5/5, or both at once.

clear all ✕

why aren't all 38 resolved? a statement only gets an assessment when the public record can support or contradict it. opinions and what-ifs never can, and 0 checkable ones are still open, waiting for their date. predictions held up or didn't; assertions are supported or contradicted. on every card: ▮▮▮▮▮ certainty · ▮▮▮▮▮ debate potential. speakers are clickable

Insight
Meyer: Great product managers inherently alienate either sales or engineering
“If you're rocking it as a product manager, everybody thinks you suck. If sales loves you, engineering hates you. Because you're chasing deals and you're not thinking about the long-term future. If engineering loves you, sales hates you, because you're just doi…”
David Meyer Nov 1, 2023 ▶ 0:19 David Meyer: Why You Should Hire People Who Aren’t In Product Already | E1076 · 20VC with Harry Stebbings
Insight
Meyer: PM success at hypergrowth companies like 2000s Google is false attribution
“If you were at Google during the aughts, or, you know, you think it was because of you. It wasn't because of you know? So how they accomplish extraordinary things At companies that aren't ramping.”
David Meyer Nov 1, 2023 ▶ 20:02 David Meyer: Why You Should Hire People Who Aren’t In Product Already | E1076 · 20VC with Harry Stebbings
Insight
Meyer: Enterprise hiring committees require an active naysayer to maintain rigor
“So you have to have antagonists in the system. A small number should be cross-functional. You need to have someone technical. Well, in enterprise software, you need to have someone, you know, product, Someone technical, and some naysayer, as like the core thre…”
David Meyer Nov 1, 2023 ▶ 58:17 David Meyer: Why You Should Hire People Who Aren’t In Product Already | E1076 · 20VC with Harry Stebbings
Insight
Meyer: Upset customers offer better opportunities to shift perspectives than happy ones
“Because I don't like happy customers. Because the opportunity to shift reality in the meeting is low. If there's a customer coming in ripshit about something or upset about the product, you have an opportunity to totally reframe the way they look at the world.”
David Meyer Nov 1, 2023 ▶ 0:05 David Meyer: Why You Should Hire People Who Aren’t In Product Already | E1076 · 20VC with Harry Stebbings
Insight
David Meyer: Open-ended customer questions often fail to extract useful signal
“The problem is open-ended questions. Oftentimes you can't get to where you want to go. Right? So then it's just like open-ish questions that are kind of leading.”
David Meyer Nov 1, 2023 ▶ 7:34 David Meyer: Why You Should Hire People Who Aren’t In Product Already | E1076 · 20VC with Harry Stebbings
Insight
Meyer: Be collective customer obsessed, never listen to feature design requests
“People like to talk about being customer obsessed. But I think of there's the customer, and then there's the collective customer. So you have to be collective customer obsessed. So you never want to overfit to a customer because then it'll be a tiny town, righ…”
David Meyer Nov 1, 2023 ▶ 8:04 David Meyer: Why You Should Hire People Who Aren’t In Product Already | E1076 · 20VC with Harry Stebbings
Insight
David Meyer: Product management is making incremental progress while surviving
“It's finding a way to make baby steps towards the vision while staying alive, basically.”
David Meyer Nov 1, 2023 ▶ 10:59 David Meyer: Why You Should Hire People Who Aren’t In Product Already | E1076 · 20VC with Harry Stebbings
Insight
Meyer: Only hire people who instinctively act like PMs without the title
“But if you can live as a sales engineer or an engineer without doing that, if you can take the spec and build it without fighting, you can never be a, so if you cannot not product manage, then you should be a product manager.”
David Meyer Nov 1, 2023 ▶ 11:44 David Meyer: Why You Should Hire People Who Aren’t In Product Already | E1076 · 20VC with Harry Stebbings
Insight
Meyer: Metrics exist to reveal blind spots, not to hit targets
“The data in your progress serves one purpose only, which is to figure out your blind spots and where to ask questions. The goal is not hitting your target. The goal is seeing where you're varying or going way above your target.”
David Meyer Nov 1, 2023 ▶ 13:49 David Meyer: Why You Should Hire People Who Aren’t In Product Already | E1076 · 20VC with Harry Stebbings
Insight
Meyer: Speed of Learning Matters More Than Speed of Shipping
“Like, speed of learning is everything. But that doesn't mean shipping. That doesn't mean, you know, people talk about one-way doors, Two-way doors, type one, type two decisions, and all this stuff. Like, the key is maximizing your learning curve, and there's s…”
David Meyer Nov 1, 2023 ▶ 15:17 David Meyer: Why You Should Hire People Who Aren’t In Product Already | E1076 · 20VC with Harry Stebbings
Insight
David Meyer: Data-driven product management wastes massive human energy without actionable metrics
“The human energy waste that goes in to data-driven product management When it's not becoming actionable.”
David Meyer Nov 1, 2023 ▶ 17:14 David Meyer: Why You Should Hire People Who Aren’t In Product Already | E1076 · 20VC with Harry Stebbings
Insight
Meyer: Founders build startups because they reject authority and having a boss
“The person, the founder, why are they doing it? They're doing it probably because they're the kind of person that, that has a problem with authority and can't have a boss.”
David Meyer Nov 1, 2023 ▶ 22:09 David Meyer: Why You Should Hire People Who Aren’t In Product Already | E1076 · 20VC with Harry Stebbings
Insight
Meyer: Unemotional product management only works for incremental optimization
“That's great if you're doing something incremental. If you're like, let's grow revenue 10% on a product that has product market fit. Yeah, you can be, you can have no emotion then. A lot of the job is not about speccing the product and building the product. A …”
David Meyer Nov 1, 2023 ▶ 27:01 David Meyer: Why You Should Hire People Who Aren’t In Product Already | E1076 · 20VC with Harry Stebbings
Insight
Meyer: Publishing on a website is not true marketing
“Putting something on your website is not marketing. You gotta get in the mindshare of the person whose problem you're solving, they're never gonna look at your website.”
David Meyer Nov 1, 2023 ▶ 29:13 David Meyer: Why You Should Hire People Who Aren’t In Product Already | E1076 · 20VC with Harry Stebbings
Insight
Databricks SVP David Meyer: Excessive Mathematical Rigor in Product Is Wasteful
“Because humans are not mathematically definable, and products are for humans. So, over rigor is just waste in the system, I think.”
David Meyer Nov 1, 2023 ▶ 32:48 David Meyer: Why You Should Hire People Who Aren’t In Product Already | E1076 · 20VC with Harry Stebbings
Insight
Enterprise PMs must understand underlying tech to avoid bad decisions
“In enterprise software, you got to know how that shit works, because otherwise you'll give, make bad decisions because you won't understand the dependencies, right?”
David Meyer Nov 1, 2023 ▶ 53:25 David Meyer: Why You Should Hire People Who Aren’t In Product Already | E1076 · 20VC with Harry Stebbings
Insight
Meyer: Product leaders expecting complete agency under founder-CEOs will fail
“Not being clear about the level of agency they'll have. Meaning, a founder CEO is gonna be in the details of all the shit, and that's good. And some people expect, you know, complete agency calling the shots as a product leader, and they will fail.”
David Meyer Nov 1, 2023 ▶ 1:09:41 David Meyer: Why You Should Hire People Who Aren’t In Product Already | E1076 · 20VC with Harry Stebbings
Insight
Meyer: New product leaders should minimize operational changes in first 90 days
“Do as little, like, changing the world of how the company works as possible in the first 90 days.”
David Meyer Nov 1, 2023 ▶ 1:11:03 David Meyer: Why You Should Hire People Who Aren’t In Product Already | E1076 · 20VC with Harry Stebbings
Insight
Meyer: Interrogate customers until you can do their job
“I use the same methodology for like everything I do. Go in knowing nothing and then interrogate the person until you feel like you could do their job.”
David Meyer Nov 1, 2023 ▶ 5:55 David Meyer: Why You Should Hire People Who Aren’t In Product Already | E1076 · 20VC with Harry Stebbings
Insight
Meyer: Uncover hidden PM potential by interrogating a candidate's past impact
“You ask them where their biggest impact was, right? And if it has nothing to do with product, You know, if it's like calming down an angry customer, but it has nothing to do with the value, the, you know, so you just tease it out, and then interrogate from the…”
David Meyer Nov 1, 2023 ▶ 12:24 David Meyer: Why You Should Hire People Who Aren’t In Product Already | E1076 · 20VC with Harry Stebbings
Insight
Meyer: Large Companies Should Only Adjust Targets Annually Unless Facing Existential Threats
“When you're a company of 6000 people, you gotta be very careful, right? They, you know, there's a lot of grumpiness to do it more frequently than annually. Just because it's hard to, you know, a lot of people have built up flywheels that are organizationally c…”
David Meyer Nov 1, 2023 ▶ 14:37 David Meyer: Why You Should Hire People Who Aren’t In Product Already | E1076 · 20VC with Harry Stebbings
Insight
Meyer: Active usage is the most ungameable product value metric
“Things like, ah, active users, like daily, weekly, etc., depending on, you know, enterprise or consumer, time is so precious. If people are spending time in your product, there's value there. Now, it might be never, ah, credible to revenue value, right? That's…”
David Meyer Nov 1, 2023 ▶ 18:03 David Meyer: Why You Should Hire People Who Aren’t In Product Already | E1076 · 20VC with Harry Stebbings
Insight
Meyer: Product managers are roadies, not rock stars
“Most people don't have, like, the hunger and the curiosity to keep going, because it's a thankless job in a lot of ways. You think you're going to be the rock star, you're the roadie.”
David Meyer Nov 1, 2023 ▶ 19:33 David Meyer: Why You Should Hire People Who Aren’t In Product Already | E1076 · 20VC with Harry Stebbings
Insight
Meyer: Engineers need belief in product vision to maintain high velocity
“Whether you're talking to engineers, engineers have to believe, right? Otherwise, they're just not gonna have the same velocities.”
David Meyer Nov 1, 2023 ▶ 23:30 David Meyer: Why You Should Hire People Who Aren’t In Product Already | E1076 · 20VC with Harry Stebbings
Insight
Meyer: Guide engineers to discover product decisions themselves rather than issuing directives
“You know, you need to take them down your mental travel because you're not, well, you might be stupid, but you probably have a point of view of why this is the right thing. And you need them to discover that.”
David Meyer Nov 1, 2023 ▶ 24:50 David Meyer: Why You Should Hire People Who Aren’t In Product Already | E1076 · 20VC with Harry Stebbings
Insight
Meyer: Leaders must acknowledge abandoned work during pivots to avoid team churn
“When you're gonna change target and people have been working their ass off to build something meaningful to the old target, you just have to give it the morning cycle, you know? You have to be empathetic and human because you need them to come along with you o…”
David Meyer Nov 1, 2023 ▶ 25:49 David Meyer: Why You Should Hire People Who Aren’t In Product Already | E1076 · 20VC with Harry Stebbings
Insight
Meyer: More Detailed Models Create a False Impression of Correctness
“The gist of it is the more detail you see, The more correct you think something is.”
David Meyer Nov 1, 2023 ▶ 32:23 David Meyer: Why You Should Hire People Who Aren’t In Product Already | E1076 · 20VC with Harry Stebbings
Insight
Meyer: Employees Follow Leaders Who See Them, Not Formulaic Managers
“I think a lot of leaders are formulaic. And I think the people follow people that see them.”
David Meyer Nov 1, 2023 ▶ 35:12 David Meyer: Why You Should Hire People Who Aren’t In Product Already | E1076 · 20VC with Harry Stebbings
Insight
Meyer: Leaders Must Get Feedback on Their Feedback to Retain Employees
“When you give people feedback, you need to get their feedback on your feedback. Because, you know, you might not give them any space to talk about the why or, you know, what they're going through. That doesn't mean not to be resolute on the feedback. Like, I n…”
David Meyer Nov 1, 2023 ▶ 35:37 David Meyer: Why You Should Hire People Who Aren’t In Product Already | E1076 · 20VC with Harry Stebbings
Insight
Meyer: Products serving everyone lose the fanatic power users driving viral growth
“If your product becomes everything to everyone, you lose the fanatics. But your fanatics are the ones that talk about it in bars. Bring their friends in, have the viral coefficients and stuff, but they're also the ones that push you to do unimaginable things, …”
David Meyer Nov 1, 2023 ▶ 42:02 David Meyer: Why You Should Hire People Who Aren’t In Product Already | E1076 · 20VC with Harry Stebbings
Insight
Meyer: Developers drive CFO software purchasing decisions at Databricks
“For Databricks, the developers are, we, developers have to love us, right? Because they're going to be the ones influencing the decision that the CFO makes.”
David Meyer Nov 1, 2023 ▶ 46:44 David Meyer: Why You Should Hire People Who Aren’t In Product Already | E1076 · 20VC with Harry Stebbings
Insight
David Meyer: Meetings with ten or more people cause damaging miscommunication
“If you get 10 people in the room, they'll oftentimes, it'll be like damaging. We'll say something, we'll understand each other, they'll interpret it differently, and they'll report the news to other people that's wrong.”
David Meyer Nov 1, 2023 ▶ 50:16 David Meyer: Why You Should Hire People Who Aren’t In Product Already | E1076 · 20VC with Harry Stebbings
Insight
David Meyer: Employee mistakes stem from management failing to provide context
“Well, if someone does stupid shit on my team, I didn't give them the context because they're smart people. I hire smart people. So if they're doing something dumbass, it's because I failed to give them the context And the framework to understand why it's dumba…”
David Meyer Nov 1, 2023 ▶ 51:35 David Meyer: Why You Should Hire People Who Aren’t In Product Already | E1076 · 20VC with Harry Stebbings
Insight
Candidates fail if the hiring committee lacks full conviction in them
“So if you can't enroll the hiring committee to believe that this person's great, they're gonna fail.”
David Meyer Nov 1, 2023 ▶ 57:45 David Meyer: Why You Should Hire People Who Aren’t In Product Already | E1076 · 20VC with Harry Stebbings
Insight
Meyer: Product managers waste 60% of their time on administrative tasks
“Like, a third of their time should be talking to customers. A third of their time should be using the product and working with engineering. And a third of their time should be thinking properly, you know? But it never works out that way, because usually, 60% o…”
David Meyer Nov 1, 2023 ▶ 59:41 David Meyer: Why You Should Hire People Who Aren’t In Product Already | E1076 · 20VC with Harry Stebbings
Insight
Meyer: Early product wins should prioritize human relationships over technical achievements
“If the early wins are human, more than technical, you'll build the followership you need.”
David Meyer Nov 1, 2023 ▶ 1:11:16 David Meyer: Why You Should Hire People Who Aren’t In Product Already | E1076 · 20VC with Harry Stebbings
Insight
David Meyer: Having kids inverted my perception of work-life selfishness
“I used to think when I left work to go home, I was being selfish until I had kids. And then I thought when I stay at work and don't go home, I'm being selfish.”
David Meyer Nov 1, 2023 ▶ 1:13:27 David Meyer: Why You Should Hire People Who Aren’t In Product Already | E1076 · 20VC with Harry Stebbings
Insight
Meyer: Solving environmental and economic challenges requires creative business models
“It's very complicated to pull things off like that, but like figuring out to the big problems of environmental transformation energy efficiency you know, social and economic equity, you have to come up with really creative business models to tackle those thing…”
David Meyer Nov 1, 2023 ▶ 1:15:36 David Meyer: Why You Should Hire People Who Aren’t In Product Already | E1076 · 20VC with Harry Stebbings
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