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By Lenny Rachitsky · with Varun Parmar · lennysnewsletter.com · @lennysan on X · YouTube · LinkedIn
Varun Parmar, Chief Product Officer of Miro, discusses how Miro organizes its distributed product organization, competes against well-funded rivals, and balances speed, quality, and roadmap planning. The conversation covers team structure, competitive strategy, operating rituals like rolling roadmaps and OKRs, and Miro's product-led growth engine.
01Key learnings
- Organize product teams around personas rather than only outcomes, and embed cross-functional roles like product marketing and analytics in each stream so features get checked from multiple angles.
- Treat every release as a move in the competitive game: each shipped change either improves or weakens your position relative to rivals, which adds clarity to bet-making.
- Be the first to hit the learning wall in competitive markets, since speed of learning often determines who wins, even if that means moving fast before the path is fully clear.
- Make blockers visible instantly: encourage PMs to raise their hand when blocked and have leadership resolve issues quickly to build momentum and trust.
- Measure cycle times from insight to shipped value and benchmark teams against each other, using the data as a self-comparison tool rather than a competition.
- Calibrate quality by showing concrete examples of great versus weak work rather than writing lengthy definitions, then classify shipped work as high or not high quality on a regular cadence.
- Use a rolling six-month roadmap with decreasing commitment levels over time (roughly 80% for the first three months, 50% after), so teams can pivot without penalty while still giving enterprise customers visibility.
- Allocate investment across horizons roughly 70% core business, 20% adjacent growth, and 10% next-generation bets, with 20 to 40% of team capacity often reserved for platform and technical work.
“every single time somebody is pushing your code to production and you're releasing a feature or an enhancement, you are making the product better or…”Varun Parmar · Lenny’s Podcast · 00:00:00
“one of the core philosophies that I have, Lenny, is that the success of a company is a direct relation of what the competition allows…”Varun Parmar · Lenny’s Podcast · 00:25:24
“you want to be the first one to hit the brick wall”Varun Parmar · Lenny’s Podcast · 00:33:14
02Frameworks mentioned
Summary and takeaways written by PM Atlas; quotes are short excerpts. © the original author.