How to Conduct a Product Review

I don't proceed to the next question until the questions at the top are answered. Sometimes a team will come to product review and say I've only answered four, but we're gonna spend a ton of time on the like all the evidence I've collected for why this is a user need. No matter how good anyone is as a evaluator of software, you are going to need some amount of context in order to evaluate what's important. Ultimately, you're trying to build something that wins.

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Tara Seshan is the Head of Product at Watershed, a climate platform that companies use to measure, report, and reduce their carbon emissions. Before joining Watershed, Tara was Head of Product at Stripe throughout the launch of Stripe Billing and Stripe Treasury. As a Thiel Fellow and experienced multi-product builder, Tara brings a wealth of experience with 0-1 SaaS products.

In today's episode, we discuss:

The different types of multi-product strategies.
Stories from Stripe’s multi-product success.
How to allocate resources across new and existing products.
How to structure teams for launching new products.
The best personas for building new products and the hiring tactics for finding those people.
Common challenges when going from single to multi-product.
How to assess and prioritize new product ideas.
How to measure success when launching new products.
The 12 questions Tara asks for better product reviews.
Tactics for collecting and interpreting user feedback.

Referenced:

First Round Capital's Newsletter: https://review.firstround.com/newsletter
The 'Wins Above Replacement' metaphor: https://en.as.com/mlb/wins-above-replacement-war-baseball-statistic-explained-n/
Zero to One by Peter Thiel & Blake Masters: https://www.amazon.com.au/Zero-One-Notes-Startups-Future/dp/0804139296

Companies Referenced: