Evidence receipt / uncertainty
Published · transcript-backedLenny Rachitsky: uncertainty
11 Jul 2024 Lenny's Podcast Building product at Stripe: craft, metrics, and customer obsession | Jeff Weinstein (Product lead)
“Not worrying about competition, staying heads down, just solving customer problems, staying close to your competition, not being afraid to talk to them, sharing advice with each other, just building the best possible product. I don't know, there's a ton there that's super interesting.”
Source trail
Everything needed to verify it.
- Speaker
- Lenny Rachitsky
- Attribution
- Verified speaker
- Claim type
- uncertainty
- Recorded
- 11 Jul 2024
- Publisher
- Lenny's Podcast
Transcript context
…ur product, and they saw we were going with 83(b) election and the intensity of that, they just put up a webpage that said to get started with AngelList, if you need a company, go right over to Atlas. That was a really amazing moment because I respected them so much and I looked up to them so much that they would mutually beneficially choose to do that. And everybody was excited and happy, and customers are happy, and it's been an incredible relationship since, in which you can start on AngelList, go through Atlas, and then all of your information is automatically populated into AngelList automatically. We've since rolled that out with several other partners, Mercury, Carta, others, but AngelList really led the way there, and we maintain a great relationship with the team. It took a while, but it really reproved to me that they're not competitors. It's alternatives, and if you care about your customer, you care about their alternatives, and if you care about the mission, you need to all work together. Look, there's some friendly competition, of course. We all want to win, but in the long term, I think all parties are significantly better off. Wow, that is an awesome story. I don't know if you've shared that anywhere else. There's so many lessons there that I could spin off on and... Not worrying about competition, staying heads down, just solving customer problems, staying close to your competition, not being afraid to talk to them, sharing advice with each other, just building the best possible product. I don't know, there's a ton there that's super interesting. I couldn't really draw it up any better, and I think the world is better off with more specialization, and it's a pain in the butt to do these incorporations. I think you want more specialization and more partnership, and I think a lot of companies are starting to do that now.…
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