

Waze Co-Founder Uri Levine Shares Secrets on Building Innovative Teams and Turning Simple Ideas to Billion-Dollar Enterprises
4 snips Apr 15, 2024
Uri Levine, Co-founder of Waze, shares secrets on building innovative teams and turning simple ideas to billion-dollar enterprises. Topics include importance of falling in love with a problem, managing fear in corporate innovation, applying an entrepreneur mindset, and the crucial role of firing in business success.
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Problem As The North Star
- Focus on the problem, not your technology, to create a compelling mission customers care about.
- When customers care about the problem you solve, they will help you succeed.
Retention Is The Product-Market-Fit Metric
- Product-market fit equals creating value measured by retention: users must come back.
- The road to product-market fit is long and often takes years of iteration and failures.
Family Trip Sparked Waze Idea
- Uri's family vacation inspired crowdsource navigation after checking routes with other drivers.
- That led to Waze's social network of drivers who automatically create value for others by using the app.