book / recommends
Pachinko
“Pachinko is one of the best fictional books I've read in a while. I just loved it, and so, I highly recommend that.”
Public evidence record
Published podcast speaker
Books, apps, and tools
book / recommends
“Pachinko is one of the best fictional books I've read in a while. I just loved it, and so, I highly recommend that.”
book / recommends
“Pachinko is one of the best fictional books I've read in a while. I just loved it, and so, I highly recommend that. And then, to founders, I am a sucker for The Five Temptations of a CEO and The Five Dysfunctions of a Team. It's kind of like you imagine those books in the grocery store aisle, but they're fast reads that are incredibly insightful and I highly recommend.”
book / recommends
“Pachinko is one of the best fictional books I've read in a while. I just loved it, and so, I highly recommend that. And then, to founders, I am a sucker for The Five Temptations of a CEO and The Five Dysfunctions of a Team. It's kind of like you imagine those books in the grocery store aisle, but they're fast reads that are incredibly insightful and I highly recommend.”
Claim ledger
8 transcript-backed records
01 / evaluation
“You're doing all these things that don't scale, that you've written so much about, Lenny, about kick-starting, the marketplace, all those things that you can't just keep on doing forever.”
02 / evaluation
“And with a consumer social product, you're trying to get to massive scale. But when you're building a marketplace, actually, there's a healthy amount of churn that you want on the supplier side because there are just going to be suppliers who aren't going to create a great experience for the buyer, and you can't do anything about that.”
03 / evaluation
“They were going beyond what they actually stood for, and they ended up having a real reaction from the sellers that were making handmade goods and the buyers. It was this big erosion of trust, and they ended up, I don't know if it was related, but it ended up precipitating, I think, a CEO change, to the CEO that is there now and who has obviously done an incredible job building Etsy from there.”
04 / evaluation
“Then, the more you pinned, you also had more to lose by leaving Pinterest because, all of a sudden, you had all your favorite books, articles you wanted to remember, the recipes that you were planning on cooking one day, the holiday planning that you were doing.”
05 / evaluation
“ng after a market that other people weren't focused on, it let them get to a place where they were able to really make the customers on both sides of their marketplace happy enough that they retained. And this word happy I use, I should expand on it a little bit because the realization I had as I reflected on this kind of feeling that GMV is really actually a vanity metric, it doesn't get at the core of whether you're building enduring value.”
06 / evaluation
“Because it was a realtime product, that you had to use push noti cations to know the moment to join the product, but when you had so many push notifications because the more people you followed, the more notifications you had, you just get to this point where you start ignoring them.”
07 / evaluation
“You have the creators uploading content and the viewers who are watching it, supply and demand. And so then, the subscribe button is also very interesting because then from the demand side, the viewer, why would I come back to YouTube consistently versus, again, all the other places I could spend time on if it weren't for me having found creators for whom their content really resonates with me so much so that I subscribe to their content?”
08 / evaluation
“The network effect doesn't work because the anonymity creates the conditions for bad behavior, so that starts to pull down the community.”