Lenny's Podcast: Product | Growth | Career

Moving fast and navigating uncertainty | Jeremy Henrickson (Rippling, Coinbase)

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Jun 4, 2023

Jeremy Henrickson, SVP of Product at Rippling and former Chief Product Officer at Coinbase, dives into scaling product teams across continents and navigating high-stakes growth. He challenges the notion of MVPs and discusses the unique concept of 'compound startups.' With insights from his Coinbase tenure, he emphasizes the need for localized understanding in global product strategies. Henrickson also shares key hiring practices for nurturing young product managers and the importance of hands-on leadership in fostering a culture of urgency.

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ADVICE

Maintaining Velocity at Scale

Create small teams with clear missions to maintain velocity at scale.
Minimize horizontal communication and break down large problems into smaller, manageable parts.

ANECDOTE

Small Teams, Big Impact

Rippling built a successful time and attendance product with a small, focused team.
One engineer, a design partner, Parker Conrad (CEO), and a few others built the product in nine months.

ADVICE

Avoid MVPs, Design for Complexity

Design for complex use cases first, even if you don't implement them immediately.
This prevents building the wrong technical foundation and saves time in the long run.

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