Drawer 01 · 610 notes · 121 people · 2005–2026

Product strategy & vision

Strategy, vision, positioning, moats, and deciding what to build

Q:
Answers from Product strategy & vision notes, cited
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…

SVPG · Marty CaganOct 18, 2023

The Product Model at Spotify

Oct 18, 2023 · 12 min

Marty Cagan and Joakim Sundén argue that Spotify's enduring success comes from the product operating model rather than the popular idea of 'The Spotify Model' (squads, tribes, and similar org labels). They walk through…

SVPG · Marty CaganAug 2, 2011

Competition

Aug 2, 2011

Marty Cagan argues that competition is a constant in most markets, yet companies often waste energy reacting to rivals through feature-chasing and attacking competitors' weaknesses. He contends customers rarely leave…

HEY World · Jason FriedOct 13, 2025

The next product

Oct 13, 2025

“New products don’t need to be revolutionary, life-changing, or disruptive breakthroughs to succeed. Entire categories can roll downhill, gathering complexity as they go. Each product one-upping the next until more becomes too much. The cycle feeds itself, never satiated. Competitors locked in a loop of mutual destruction through perpetual over-improvement. When that happens, the door cracks open for something new.…”

SVPG · Marty CaganFeb 3, 2013

Vision Pivots vs. Discovery Pivots

Feb 3, 2013 · 4 min

Marty Cagan argues that the word "pivot" is overused in product teams and that teams too often abandon their product vision far too early. He separates two kinds of pivots: vision pivots, which change the underlying…

Lenny’s Newsletter♥ 73

GTM motions of 30 B2B SaaS companies

Aug 24, 2021 · 12 min
Subscriber post — summary only

Lenny Rachitsky analyzes how 30 fast-growing B2B SaaS companies chose their go-to-market motions, covering product-led versus sales-led approaches, top-down versus bottom-up targeting, and which market segments they…

Product Talk · Teresa TorresJun 27, 2013

Setting Product Goals

Jun 27, 2013 · 4 min

Teresa Torres walks through how she sets quarterly product goals for her team, focusing on the most valuable thing the business needs next. She shows three quarters of goals that changed as her understanding grew: first…

SVPG · Marty CaganOct 31, 2011

Product Market Fit vs. Product Vision

Oct 31, 2011 · 4 min

Marty Cagan argues that Product Market Fit and the Product Vision are related but distinct, and that teams often confuse them. The Product Vision describes the services and customers a company intends to serve over…

SVPG · Marty CaganApr 21, 2013

Value Creation vs. Value Capture

Apr 21, 2013 · 3 min

Marty Cagan argues that many product teams, both in startups and established companies, spend most of their effort capturing value (pricing tests, ad optimization, cost cutting) rather than creating it. Startups often…

SVPG · Marty CaganMay 31, 2005

Beware of Specials

May 31, 2005 · 4 min

Marty Cagan argues that 'specials'—large customer or partner deals that come with a condition to build exactly what they request—can derail a product company. Although the cash is tempting, especially for cash-strapped…

Lenny’s Newsletter · Free post♥ 192

Pricing your SaaS product

Oct 27, 2020 · 18 min

Patrick Campbell, CEO of ProfitWell, argues that pricing is an ongoing strategic lever rather than a one-time number, and that early on the exact price matters far less than the value metric and the customer segments…

SVPG · Marty CaganAug 3, 2009

Lessons from Amazon

Aug 3, 2009

Marty Cagan highlights a talk by Amazon founder Jeff Bezos and draws out four principles that connect to his thinking on product portfolio planning. The core message is that great product companies focus relentlessly on…

SVPG · Marty CaganJan 26, 2007

Lessons from Apple

Jan 26, 2007 · 4 min

Marty Cagan argues that Apple's repeated success in redefining consumer markets comes from product discipline rather than marketing. Written around the iPhone's debut, the essay contends that Apple gets the ordering of…

SVPG · Marty CaganApr 25, 2009

The Purpose of Product Portfolio Planning

Apr 25, 2009 · 3 min

Cagan argues that product portfolio planning should be treated like financial portfolio planning: each product effort is an investment whose returns depend on where the company places its bets. Many companies either…

Lenny’s Newsletter · Free post♥ 108

Choosing Your North Star Metric

Jun 16, 2021

This is a short announcement newsletter pointing readers to a guest post Lenny Rachitsky wrote for a16z's Future site on choosing a North Star Metric. The guide draws on a survey of current and former employees at more…

Lenny’s Newsletter · Free post♥ 92

A founder’s guide to community

Nov 30, 2021 · 32 min

David Spinks argues that community is a structure for creating value by helping people help each other, which can scale a product's impact with a small team. Before investing, founders should align community to a…

SVPG · Marty CaganJan 19, 2015

The Power of Customer Misbehavior

Jan 19, 2015

Marty Cagan argues that product teams can find major opportunities by letting customers use their products for purposes the company never planned or officially supports. He describes this as a third path beyond…

SVPG · Marty CaganSep 20, 2022

Changing How You Solve Problems

Sep 20, 2022 · 7 min

The authors argue that many companies become efficient feature factories: most roadmap features fail to generate a positive return, often estimated at only 10-20%. The root cause is feature teams that serve internal…

SVPG · Marty CaganSep 3, 2019

What is a Product?

Sep 3, 2019 · 4 min

Marty Cagan argues that a product succeeds only when it is solved simultaneously for the customer, the business, and the technology, which he frames as a multiplicative equation: if any one factor is zero, the product…