The Twenty Minute VC (20VC): Venture Capital | Startup Funding | The Pitch 20Product: What Facebook, Monzo and Deliveroo Do and Do Not Do To Build Great Products | How to Structure Product Teams For Success | Is Simple Always Better in Product and The Art vs Science of Product Design with Mike Hudack
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Sep 13, 2024 
Mike Hudack, Co-founder and CEO of Sling, previously led product at Monzo and Deliveroo, and worked at Facebook. He dives into the balance between art and science in product design, questioning if simplicity is always the best approach. Hudack shares insights from his time at Facebook about impactful meetings with Mark Zuckerberg and the ads product lessons learned there. He reflects on the fast-paced decisions made at Deliveroo, the importance of understanding user needs, and how intuition sometimes trumps data in product development.
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Simplicity is Key
- The true art of product is understanding what people want and helping them achieve it minimally.
- Simplicity in product design is key, focusing on minimizing user effort to reach their goals.
Ideal Team Structure
- Keep product teams small (6-8 people), mostly engineers, with a data scientist and designer.
- Product managers (PMs) are optional; focus on engineering and data.
Facebook's Efficiency
- Facebook's efficiency included readily available equipment like headphones and loaner laptops.
- This prioritized employee time and focus over small equipment costs.