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20Product: Loom CPO Janie Lee on Three Core Skills that Make the Best PMs, How to Find, Pick and Train the Best PM Talent and Lessons from OpenDoor and Rippling on Product Breadth, Pricing and Talent Density

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Jun 14, 2024
Janie Lee, the Head of Product at Loom, shares her rich background from Rippling and Opendoor, highlighting key lessons in product management and hiring. She dives into what makes a truly great PM, focusing on essential skills like effective communication and questioning. Janie also discusses the balance between product breadth and quality, detailing insights on pricing strategies and talent density from her experiences. Plus, she offers invaluable advice for structuring PM interviews and nurturing talent within product teams.
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ANECDOTE

Pricing Accuracy at Opendoor

  • At Opendoor, pricing accuracy was paramount, as one mispriced home could erase the profits of many others.
  • This experience taught Janie Lee the importance of meticulousness and deep P&L understanding.
INSIGHT

Automation vs. Human Touch

  • Balancing automation with human touch is key, especially in AI/ML products.
  • Start with core problem solutions, gradually increasing automation for optimal user and business outcomes.
INSIGHT

Talent Density

  • Early in your career, join companies with high talent density for accelerated growth.
  • As a senior leader, focus on creating talent density by coaching, hiring strategically, and managing performance.
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