Question 1

What are the key takeaways from Mayur Kamat's episode on Lenny's Podcast?

Accepted Answer

1. Compound your learning by working at high-growth companies -- daily compounding beats yearly, and after two years the gap is enormous. 2. Product strategy is overrated; the real question is how fast you can go from hypothesis to data -- experimentation makes strategy a solved problem. 3. Growth often comes from incredibly small optimizations done faster, not from reinventing the product -- Booking.com grew 17x in a decade selling the same three things. 4. Optimize for your superpowers, not your weaknesses -- find roles where success is determined by how much of your strengths you get to deploy. 5. A full calendar is a badge of shame -- protect open time to work on the highest-leverage problems rather than drowning in meetings.

Question 2

What does Mayur Kamat say about organizational-structure and flat-hierarchy?

Accepted Answer

"CZ, the founder and CEO at one point had 55 direct reports, and his direct reports had about the similar ones. For a large portion of the history of the company, there was just one level between the individual employees and the CEO. That leads to an extreme level of decision-making and execution." - Mayur Kamat "When you have really smart people, you give them really hard problems, you have no constraints on what you need to solve them, whether it's money, people, except time. Time is always at a premium. People can move mountains in a small amount of time." - Mayur Kamat "The best thing you can do is find companies that are growing fast because it compounds your learning at a much faster interval. Even if your interest rate is low, if you're compounding daily versus compounding yearly, after two years, you will be at a whole different stage." - Mayur Kamat

Question 3

What are Mayur Kamat's views on organizational-structure, flat-hierarchy, velocity?

Accepted Answer

Mayur Kamat: "CZ, the founder and CEO at one point had 55 direct reports, and his direct reports had about the similar ones. For a large portion of the history of the company, there was just one level between the individual employees and the CEO. That leads to an extreme level of decision-making and execution." Mayur Kamat: "When you have really smart people, you give them really hard problems, you have no constraints on what you need to solve them, whether it's money, people, except time. Time is always at a premium. People can move mountains in a small amount of time."

Mayur Kamat

Unconventional product lessons from Binance, N26, Google, more | Mayur Kamat (CPO at N26)

TRANSCRIPT

Mayur Kamat

Unconventional product lessons from Binance, N26, Google, more | Mayur Kamat (CPO at N26)

Mayur Kamat

Unconventional product lessons from Binance, N26, Google, more | Mayur Kamat (CPO at N26)

TRANSCRIPT

Mayur Kamat

Unconventional product lessons from Binance, N26, Google, more | Mayur Kamat (CPO at N26)