How much product managers make in salary, equity, and total comp in the U.S., Europe, and Canada: 1. The median starting total comp for a PM in the U.S. is $139,000. 2. A 90th-percentile senior individual-contributor (IC) PM can hit $350,000 in base salary and close to
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Five AI Tools Free Annual Subscription Newsletter Offer
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Reminder: Get 1 year free of @Perplexity_ai
, @Linear
, @Superhuman
, @NotionHQ
, and @MeetGranola (yes, all five!) with an annual subscription to my newsletter. -
Waze Survival Story Against Google Maps and Billion Dollar Exit
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The story of how @waze survived the launch of Google Maps and then sold it to Google for over $1B. pic.twitter.com/zoH9vtqUsn
— Lenny Rachitsky (@lennysan) 17 février 2025The story of how @waze survived the launch of Google Maps and then sold it to Google for over $1B.
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Lovable Co-founder Anton Osika on AI App Building
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I've got @antonosika co-founder of @lovable coming on the pod this week. What should I ask him?
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Serial Founder Uri Levine Shares Startup Journey Wisdom
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"Building a startup is a journey from one crisis to the next."
— Lenny Rachitsky (@lennysan) 16 février 2025
Uri Levine (@UriLevine1) is a co-founder of @Waze (acquired by Google for $1B+) and nine other companies, including one other $1B+ exit. He’s also been on 20+ boards and an advisor to 50+ startups. He recently… pic.twitter.com/lEwt1ew01I"Building a startup is a journey from one crisis to the next." Uri Levine (
@UriLevine1
) is a co-founder of @Waze (acquired by Google for $1B+) and nine other companies, including one other $1B+ exit. He’s also been on 20+ boards and an advisor to 50+ startups. He recently -
Crisis Management Framework for Startups: Cash vs Product-Market-Fit
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Some key takeaways: 1. When a crisis strikes, first categorize it into one of two buckets:
a. Cash crisis: When your cash runway is suddenly jeopardized due to lost customers, disappearing investors, or missing expectations
b. Product-market-fit crisis: When your core value -
Foundation Sprint Breaks Into Top 10 All Time Posts
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This post just broke into the top 10 of all time https://
lennysnewsletter.com/p/introducing-
the-foundation-sprint
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B2C Models Fail at Venture Scale in Modern Tech
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I don’t think that’s true at all. They just k own where the big opportunity lie, and b2c basically never works for venture scale these days.
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YC’s Shift Away from B2C Investments Signals Market Changes
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YC's returns in B2C have been legendary, so it says a lot when they so rarely bet on B2C businesses these days.
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Why VCs Make Few B2C Bets Today
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They still make B2C bets, but very few. This makes sense because there have been very few consumer breakout startups in the last decade. Consumer is hard. Much more here: