“Like at Thumbtack, we had principles about which sides of the marketplace we wanted to serve In, in which order and kind of when we serve thumbtack, right? So it was customers first, pros second, and then thumbtack last.”
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More from Noam Lovinsky
Insight
Lovinsky: Marketplaces should prioritize customers first because suppliers need quality demand
“Many marketplaces live and die by the quality and liquidity and supply. And so why would you know, focus on customers first in the thumbtack perspective and supply is, are the pros, the people that, that you hire? Well, you know, we always just felt that what …”
Noam LovinskyMar 17, 2024▶ 18:26The happiness and pain of product management | Noam Lovinsky (Grammarly, FB, Thumbtack, YT)
Insight
Lovinsky: Standard biannual performance reviews kill corporate startup incubators
“If you're a large organization, and you do some performance management process, like, twice a year, and that's how you're gonna evaluate and incentivize people in your zero to one incubator, you've already killed it. It just like, it's the wrong incentive. It'…”
Noam LovinskyMar 17, 2024▶ 46:52The happiness and pain of product management | Noam Lovinsky (Grammarly, FB, Thumbtack, YT)
AssertionNot checkable as stated
Lovinsky: Grammarly was profitable from day one and remains profitable
“The company has been around for 15 years and was profitable from day one and continues to be quite profitable.”
Noam LovinskyMar 17, 2024▶ 50:37The happiness and pain of product management | Noam Lovinsky (Grammarly, FB, Thumbtack, YT)
Insight
Lovinsky: Bootstrapped culture can hinder companies needing to invest ahead of growth
“In moments that were like in, in that we're in like today, that can also be detrimental. Right. Cause like the business gets to a certain size. You start getting to kind of like log large numbers. You need to start thinking about, you know, are there other pro…”
Noam LovinskyMar 17, 2024▶ 56:01The happiness and pain of product management | Noam Lovinsky (Grammarly, FB, Thumbtack, YT)
Insight
Lovinsky: Executive-level tech interviews evaluate less of actual capabilities
“Most people don't know how to do leadership recruiting. And I feel like as I've, you know advanced in my career, like the interviews for some reason, like get easier and actually like evaluate less about like, you know, who I am as a product leader or whatnot.”
Noam LovinskyMar 17, 2024▶ 1:06:12The happiness and pain of product management | Noam Lovinsky (Grammarly, FB, Thumbtack, YT)
Insight
Lovinsky: Advocate for company priorities over your own project in healthy teams
“In, in the right organizations, even in, in large organizations, advocate for, like, what's best for The team. Advocate for what's best for the organization, even if that means that it puts you at a, you know, particular, you know, difficult moment. If it is a…”
Noam LovinskyMar 17, 2024▶ 11:57The happiness and pain of product management | Noam Lovinsky (Grammarly, FB, Thumbtack, YT)
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