Framework · 4 notes · discussed by Lenny Rachitsky, Jiaona Zhang, Vijay

RICE

Every note in the archive that names RICE: summaries, key takeaways and links to the original essays, episodes and posts. Ask a question below to get a cited answer from just these notes’ authors.

Q:
Answers quote and cite the source notes
Lenny’s Newsletter♥ 89

Prioritizing

Jul 27, 2021 · 8 min
Subscriber post — summary only

Lenny argues that most teams should skip elaborate prioritization frameworks and use a simple impact-versus-cost sort of T-shirt-sized ideas, then refine it with team input. He stresses that the roadmap must follow a…

Lenny’s Podcast94 min

Building minimum lovable products, stories from WeWork and Airbnb, and thriving as a PM

Jiaona Zhang · Jul 2, 2023
Key learnings
  • New PMs often jump to solutions; start by understanding user problems and whether a real opportunity exists before deciding what…
  • A PM has little formal authority and must lead through influence, so editing and synthesizing opportunities matters more than…
  • Check unit economics early; magical thinking that a business will work at scale is a common trap, as the Airbnb Plus experience…
Lenny’s Podcast69 min

An inside look at Mixpanel’s product journey

Vijay · Jan 26, 2023
Key learnings
  • Protect your core product: rather than moving people from the core to new ventures, invest the core's profits into new bets…
  • Be cautious adding adjacent products in new categories; bolt-on products that are only mid-tier in crowded categories rarely move…
  • When a product is losing customers to competitors, a focused 'speed' phase working directly from ranked churn reasons can close…