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    Lenny's Newsletter

    lennysnewsletter.com · Personal blog · on HN since 2021

    Lenny Rachitsky's newsletter on product management, startup growth and tech careers, with interviews and frameworks from industry leaders.

    Visit blogHN submissions
    Business & StrategyStartupsCareer & Work
    What HN says

    HN commenters recommend it for product strategy and startup tactics, though one notes it has leaned toward succeeding as a PM in Big Tech.

    Stats for nerds
    112HN people shared it
    135linked in comments
    1.3Kstory points
    Aug 2026last shared
    2021people per year2026

    Top posts on HN

    1. 1
      How the biggest consumer apps got their first 1k users
      4 people · 283 points · first shared 2021 · 82 comments on HN
    2. 2
      Ten Commandments of Salary Negotiation
      1 person · 248 points · first shared 2021 · 157 comments on HN
    3. 3
      How to price your SaaS product
      3 people · 198 points · first shared 2021 · 62 comments on HN
    4. 4
      How to kickstart and scale a consumer business by doing things that don’t scale
      3 people · 101 points · first shared 2022 · 8 comments on HN
    5. 5
      Startup to exit: lessons from a YC founder
      1 person · 73 points · first shared 2022 · 14 comments on HN
    6. 6
      How to Measure Cohort Retention
      1 person · 51 points · first shared 2022 · 5 comments on HN
    7. 7
      The history of Facebook Marketplace
      2 people · 33 points · first shared 2022 · 18 comments on HN
    8. 8
      What is a good activation rate?
      2 people · 18 points · first shared 2022 · 2 comments on HN
    9. 9
      How tech workers feel about work
      4 people · 17 points · first shared 2025 · 4 comments on HN
    10. 10
      Be Playing with GPTs at Work
      1 person · 15 points · first shared 2024 · Discussion on HN

    What HN people wrote when they linked it

    • danenaniaAug 2025

      Here are some ideas, in no particular order:

      - Find relevant subreddits on Reddit and post about the tool in an authentic way (not promotional, but a "here's what I built" style).

      - Do a Show HN. Look at other people's successful ones to get an idea of the tone/style that works.

      - ProductHunt (read this for suggestions on how to do it well: https://www.lennysnewsletter.com/p/how-to-successfully-launch-on-product)

      - Content marketing: do SEO keyword research and create pages/posts that target promising keywords. This product in particular probably has a lot of potential with this strategy, since you can use the tool itself to create interesting content which also shows off the features.

      - YouTube: similar to above, but find relevant videos from other creators that are doing well and try to create your own videos in a similar style, looping in the product where it makes sense. Like with reddit and HN, better to be authentic and not promotional.

      - Media: reach out to popular blogs and publications that cover learning tools.

      If you have any cash available to invest (even a small amount), you can also try:

      - Reach out to influencers on YouTube, X, TikTok, etc. either directly or via promotion marketplaces. You'll likely have to pay, but it can be high ROI since you already have a paid plan.

      - Similarly, you can try ads on reddit, adwords, facebook, X, etc. and see if any of them offer immediate positive ROI.

      Depending on your goals, you could also consider applying to…

    • tmshNov 2023

      ChatGPT 4: “ Brian Chesky, the co-founder and CEO of Airbnb, has developed a unique approach to product management, drawing inspiration from the principles and practices at Apple during Steve Jobs' era. This approach emphasizes a design-centric philosophy and incorporates several key principles:

      1. *Design as a Core Philosophy*: Chesky believes that design is much more than a department; it's a way of thinking about the world. This philosophy entails that designers are not just working for engineers but are sitting alongside them and driving the product.

      2. *Simplification and Essence*: The focus is on simplifying products by distilling them to their essence, which requires a deep understanding of the product.

      3. *Pride in Work*: Designers should only ship products they are proud of. This principle ensures that quality and personal investment are central to the product development process.

      4. *Creativity and the Third Option*: When faced with two options, Chesky advocates for seeking a creative third option that requires more heart and imagination.

      Chesky's approach involves a departure from traditional methods of product management, leaning heavily into design and creativity as driving forces. This reflects a broader shift at Airbnb, where there has been a move away from traditional growth channels, a focus on new feature releases, and a push for setting ambitious goals [oai_citation:1,Brian Chesky’s new playbook for product, leadership, and…

    • IsaacSchlueterNov 2022

      > Might be wrong, but brief review of this appears to show the “thesis” of PriceOps is yield-based metered feature pricing

      The "thesis" of PriceOps is less "you must have metered feature pricing", and more "you should design your infrastructure so that you can learn from and adjust pricing in the future". In other words, expect that your product, customers, and landscape will change, and understand that the pricing scheme (ie, what you charge for, how much you charge, and how you bundle prices into a packaged plan) will almost certainly need to change as well.

      > Do you have an related research to link to?

      Here's a selection of links to check out if you're interested in learning more about this subject. I haven't carefully reviewed each one of these to make sure they're 100% what you're asking for, but they're all things I've read and found helpful studying this topic, and many have links to more research and primary sources. Hope you find it helpful :)

      On unlocking growth with pricing:

      https://techcrunch.com/2022/07/11/turn-your-startups-pricing-strategy-into-a-powerful-growth-lever/?guccounter=1

      https://www.nfx.com/post/the-hidden-world-of-pricing

      https://www.lennysnewsletter.com/p/saas-pricing-strategy

      https://www.bvp.com/atlas/why-pricing-deserves-as-much-iteration-as-product-development-and-how-one-multibillion-dollar-public-tech-company-does-it

      More from BVP, this pricing course is amazing btw, I highly recommend checking it…

    • jiveturkeyJun 2025

      > [Among YC companies,] 45% secure Series A (vs. 33% average), 4% to 5% become a unicorn (vs. 2.5% average), and 10% achieve an exit.

      https://www.lennysnewsletter.com/p/pulling-back-the-curtain-on-the-magic

      Of those 10% exits, 50% are acquisitions. Acquisitions are rarely lucrative for rank and file employees. But even at 10%, you need to have a crystal ball as an employee. YC is not an especially strong selector. And unicorn is baseline success these days (the data is from 2025), so we at the 5% level not 10%. Maybe you aren't aware of typical equity grants beyond, say, employee 10. You need at least a unicorn exit to match a big tech salary.

      I mean you're right, you don't have to return the fund. You have to match (risk-adjusted) the opportunity cost of a big tech salary. Incredibly hard and luck is the most relevant factor. Meanwhile, if you job hop out of the startup after startup because they mostly go nowhere, your resume quickly becomes uninteresting (ye olde 1 year of experience 5 times problem). So you do have to stick it out.

      > idea is dumb and bad.

      the idea rarely matters. ideas are free. execution is king.

    • usaar333Aug 2025

      > Firstly, if your prior is that every previous startup failed, what does that say about your future chances of success?

      The prior is the market. It isn't sane to use your own prior experience. (Works both ways -- if your last startup did great, shouldn't assume next will).

      > 4% of YC companies become unicorns. How many startups do you need to work for before you become part of the 4%? That number is not a feasible number of jobs for one lifetime.

      The bar (and what the model is calculating) is Series A from top VC, not YC Seed funding. That significantly increases odds. Specifically, ~45% YC companies get Series A, so it's more like 10% chance of a YC Series A funded company becoming a unicorn (https://www.lennysnewsletter.com/p/pulling-back-the-curtain-on-the-magic).

      Model is change jobs every 18 months if not booming. A 1 in 10 chance is quite reasonable over a career.

      I agree there is an issue with the event being too rare, but you can't just look only at modal returns. 2/3 chance of $0 (the modal return) and 1/3 chance of $10 million profit is still pretty good odds to work with.

    • toomuchtodoSep 2025

      Based on public exit and liquidity event information, startups still remain a lottery ticket for most. 90% of startups fail entirely, for example (CB Insights). YC startups have more longevity, and more get to a Series A then non YC startups, but the best batches based on performance have been between 2009 and 2013. 10% achieve an exit, 4.5% became unicorns. Only 17 companies backed by YC (out of almost 5k) have gone public, and all except Airbnb, Instacart, and Reddit have underperformed post IPO.

      Have fun, learn, develop and grow your skills and network, take the investment, but it’s important to be honest with one’s self about odds of success and outcome. If you win, respect and appreciate the lottery ticket for what it was. Hard work and years of grinding is table stakes, but you can still fail (and most do).

      https://www.lennysnewsletter.com/p/pulling-back-the-curtain-on-the-magic

      https://www.marketsentiment.co/p/the-yc-report

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