The Twenty Minute VC (20VC): Venture Capital | Startup Funding | The Pitch 20Product: What Facebook, Monzo and Deliveroo Do and Do Not Do To Build Great Products | How to Structure Product Teams For Success | Is Simple Always Better in Product and The Art vs Science of Product Design with Mike Hudack
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Sep 13, 2024 
Mike Hudack, Co-founder and CEO of Sling, previously led product at Monzo and Deliveroo, and worked at Facebook. He dives into the balance between art and science in product design, questioning if simplicity is always the best approach. Hudack shares insights from his time at Facebook about impactful meetings with Mark Zuckerberg and the ads product lessons learned there. He reflects on the fast-paced decisions made at Deliveroo, the importance of understanding user needs, and how intuition sometimes trumps data in product development.
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Misleading Data
- Data can be misleading without proper context, as seen with Facebook's "dive bar" feature.
- High usage doesn't equate to value if driven by accidental clicks.
Respect Competitors
- Never underestimate competitors or assume their strategies won't succeed.
- Respect their abilities and prepare for their success.
Regulatory Landscape
- Understand the regulatory landscape and societal impact, especially in regulated industries like banking.
- Shift perspective from growth to societal stability and protection.