Lenny's Podcast: Product | Growth | Career cover image

How to foster innovation and big thinking | Eeke de Milliano (Retool, Stripe)

Lenny's Podcast: Product | Growth | Career

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The 70-20-10 Investment Model for Product Management

The 70-20-10 investment model suggests that 70% of building time should be dedicated to the core product, 20% to strategic initiatives, and 10% to ambitious bets. Maintenance and bugs are considered part of the 70% dedicated to the core product. However, different teams handle maintenance and bug fixes differently, with some using bug bashes on Fridays and others addressing them as products roll out. There is no company-wide process for this, and each team determines what works best for them.

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