Lenny Rachitsky, ex-Airbnb PM, on Marketplaces

Lenny Rachitsky, ex-Airbnb Product Lead, interviewed 20 people across 17 large, successful marketplace companies to find out what makes a great marketplace that scales. His amazing insights are shared here.

🎬 Video Sections:
0:00 Lenny Rachitsky introduction
1:10 What comes first in a marketplace?
5:00 How do you know it's working?
7:35 What are the success conditions?
10:35 Do PMs need special skills?
12:50 Building vs. maintaining
15:30 Unique customer acquisition tactics
23:48 Conclusion

📖 Resources cited:
The Hierarchy of Marketplaces by Sarah Tavel:
https://medium.com/@sarahtavel/the-hierarchy-of-marketplaces-introduction-and-level-1-983995aa218e

How to Kickstart and Scale a Marketplace Business by Lenny Rachitsky: https://www.lennyrachitsky.com/p/how-to-kickstart-and-scale-a-marketplace

🚀 To learn more about the RocketBlocks interview prep platform, visit us at: https://www.rocketblocks.me

🤓 For more YouTube videos on PM interviews:
What is product management? https://youtu.be/nywjchZmmKg
Three core pillars of product management: https://youtu.be/BnV3Fep5FPI
What's the difference between a PM and a PMM? https://youtu.be/KkZP2EMa3k8
PM interviews, Part I: https://youtu.be/9iI6i-CZ9hA
PM interviews, Part II: https://youtu.be/KPHcHynfNEA

💡 Interested in reading more on PM interviews?
Google PM interviews: https://www.rocketblocks.me/blog/google-pm-interview.php
Amazon PM interviews: https://www.rocketblocks.me/blog/amazon-pm-interviews.php
Facebook PM interviews: https://www.rocketblocks.me/blog/facebook-pm-interview.php

💭 Curious about how others broke into product management? Check out our Breaking into PM series: https://www.rocketblocks.me/blog/reader.php#breaking-pm

#productmanagement #PMcareers #breakingintoPM #marketplaces

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