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The Importance of Supply and Demand in a Social Network
A lot of the focus ends up being to grow horizontally, whereas the two sided marketplace very much grows vertically. So you have to go extremely deep and understand what are the specific micro categories that people care about. And similarly, the demand is built on top of that supply and again, as I said, like both of these need to grow in lockstep.
Ludo Antonov, VP of Engineering @ WhatNot, shares how eng leaders can better operate from their organization’s first principles. He defines the concept & what that looks like for WhatNot through their values of listening to customers, moving uncomfortably fast, and more – plus what happens when optimizing for one principle conflicts with another! We also cover Ludo’s leadership journey, how he navigated the transition from a business model focused on discovery & matching to two-sided marketplaces, and challenges / lessons learned from working within the social, community, & marketplace space.
Ludo (@ludo_antonov) is the Vice President of Engineering at Whatnot. He has an extensive background in building engineering teams at fast-growing startups including Hulu, Pinterest, and Lyft. He led the Pinterest Growth team as the company was going through hyper-growth up to IPO. Prior to joining Whatnot, he served as an engineering executive at Lyft, overseeing the company’s core rideshare products including the rider, driver, marketplace, and growth organizations.
"That's one of the important parts is it allows for common language to fall back to whenever these problems actually happen because they tend to be more and more complex and take more and more nuance in order to get right and sometimes, especially like it's very powerful to take it back to first principles and say, 'How would we do this if we have to be ruthlessly prioritizing? Are we moving comfortably fast in thinking of our approach?' And then everyone understands because it's part of our vocabulary and it takes repetition to build that.”
- Ludo Antonov
ELC Annual is our flagship conference for engineering leaders. You’ll learn from experts in engineering and leadership, gain mentorship and support from like-minded professionals, expand your perspectives, build relationships across the tech industry, and leave with practical prove strategies.
Join us this August 30-31 at the Fort Mason Center in San Francisco
Patrick Gallagher - Producer & Co-Host
Jerry Li - Co-Host
Noah Olberding - Associate Producer, Audio & Video Editor https://www.linkedin.com/in/noah-olberding/
Dan Overheim - Audio Engineer, Dan’s also an avid 3D printer - https://www.bnd3d.com/
Ellie Coggins Angus - Copywriter, Check out her other work at https://elliecoggins.com/about/
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