A/B testing, experimentation frameworks, and data-driven product development. Insights from growth and product leaders on Lenny's Podcast.
“Generally I wouldn't let anything bleed past a quarter. You can probably get some good signal in a month or less, what I would call fishing - putting bait in the water to figure out where the fish are, not necessarily getting statistically significant repeatable solutions.”
“When you're in exploratory mode, think of it as finding the right mountain to climb. And then when you're in exploitation mode, it's like focusing your resources on climbing that mountain effectively. If you do too much exploration, you can have your team feel a little bit too scattershot. And if you do too much in exploitation, it can lead to this saturation and stagnation where you're just locally maximizing a thing.”
“I think in this early stage, we're in the community gardening phase, not the factory farming phase of this technology. And so I think what people need most is curiosity and play. You should be playing with these things and trying out different things and seeing what weird things are possible now.”
“Because we don't exactly know what capabilities will even come up soon and we don't know what's going to work technically, and then we also don't know what's going to land even if it works technically, it's much more important for us to be very humble and learn a lot more empirically and just try things quickly. And the org is set up in that way to be incredibly bottoms up.”
“I reward the learning versus the outcome. If we're constantly learning, it's okay if we make bad decisions as long as we learn from them. Even in making a bad decision, we learned something about our customers or business that we can use in another context.”
“And I would encourage everyone, if you can, look at some of the experiments that you thought were your biggest winners. Look at the downstream metrics for a year, two years on that experiment. And I'll bet you'd be surprised how many times the metric is different than what you thought it would be after a year.”
“Ultimately you're there to create impact. But learnings is the means. If you try and focus on impact itself you might struggle. If you focus on the things you need in terms of learnings to take you step by step, that will pave the path to creating impact.”
“Jeff Bezos is fundamentally a very scientific and analytical thinker. He said, 'I need to be scientific about this. There needs to be some mechanism for me to manage such a company. So I'm going to experiment, like a scientist would, with different ideas, different hypotheses, implement them and see what works.'”
Evaluate emerging channels with three ingredients: overlap between customer needs, company goals, and channel strengths - if they don't align, it's not worth your time.
Adam GrenierUse the explore-exploit framework to oscillate between finding new growth insights and scaling proven ones across your organization, rather than getting stuck in local optimization.
Albert ChengOpenAI's extreme velocity comes from combining top talent density with radical bottoms-up autonomy - most companies cannot simply copy this model
Alexander EmbiricosShopify optimizes for lowering barriers to entrepreneurship rather than retention, because their payments-based business model means a few big winners make the whole cohort successful (power law economics)
Archie AbramsGo depth-first before breadth - a JavaScript developer won't care if you support Golang, but will care deeply if key features are missing for their ecosystem.
Ben WilliamsProduct and operations teams function best as a twin turbine engine — they need mutual respect and a strong bidirectional feedback loop to maximize efficiency
Brian TolkinIf your growth experiments succeed more than 30-40% of the time, you're thinking too small — resilience and willingness to fail are prerequisites for meaningful growth work
Christopher MillerRun experiments even with tiny sample sizes - 30 data points is infinitely better than zero, and the underlying trends won't change much at larger scales.
Crystal W