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Willem Ave

๐Ÿ‘ค Speaker
See mentions of this person in podcasts
479 total appearances

Appearances Over Time

Podcast Appearances

Decoder with Nilay Patel
Square's product chief on the death of the penny and the future of money

So a single shared roadmap.

Decoder with Nilay Patel
Square's product chief on the death of the penny and the future of money

If you have a single shared roadmap with clear DRIs for each of the areas, it makes a lot of these decisions a lot clearer.

Decoder with Nilay Patel
Square's product chief on the death of the penny and the future of money

Because you can be like, this is more important than this, and then we can staff appropriately.

Decoder with Nilay Patel
Square's product chief on the death of the penny and the future of money

I think that's one.

Decoder with Nilay Patel
Square's product chief on the death of the penny and the future of money

I think two, though, it's also really important to make sure that the teams and the squads are stable.

Decoder with Nilay Patel
Square's product chief on the death of the penny and the future of money

at kind of the kind of ground level that they're building they have autonomy mastery purpose they can go kind of go build the things for customers and you kind of need to synthesize both kind of uh stability at the squad team level with kind of top-down strategic prioritization that's kind of happened and i think that's been the biggest change and benefit from going from a divisional business unit structure to a functional structure

Decoder with Nilay Patel
Square's product chief on the death of the penny and the future of money

is that alignment is super, super important in a large organization, right?

Decoder with Nilay Patel
Square's product chief on the death of the penny and the future of money

And if you create kind of different, effectively different mini startups or kind of product areas, which happens in a divisional org, then like, yes, you can kind of go fast in each of those directions, but you're usually going fast in like 14 different directions, right?

Decoder with Nilay Patel
Square's product chief on the death of the penny and the future of money

Versus going fast and making trade-offs and being able to build together and kind of build something really incredible.

Decoder with Nilay Patel
Square's product chief on the death of the penny and the future of money

So not everything has to harmonize at like exactly the same strategy or exactly the same things that we're working on.

Decoder with Nilay Patel
Square's product chief on the death of the penny and the future of money

It's more that when you functionalize a company, you can also make sure that each discipline is operating kind of at the highest, highest levels, right?

Decoder with Nilay Patel
Square's product chief on the death of the penny and the future of money

So both from a performance perspective, but also an accountability perspective.

Decoder with Nilay Patel
Square's product chief on the death of the penny and the future of money

I think that's one of the key points.

Decoder with Nilay Patel
Square's product chief on the death of the penny and the future of money

It's not like we're trading off people necessarily between title and Square all the time.

Decoder with Nilay Patel
Square's product chief on the death of the penny and the future of money

It's

Decoder with Nilay Patel
Square's product chief on the death of the penny and the future of money

Title as a team, Square as a team, Cash App as a team, et cetera.

Decoder with Nilay Patel
Square's product chief on the death of the penny and the future of money

And at the margins, we might make prioritization trade-offs.

Decoder with Nilay Patel
Square's product chief on the death of the penny and the future of money

But in the broad strokes, that's, you know, kind of we have our strategies and we go execute on them.

Decoder with Nilay Patel
Square's product chief on the death of the penny and the future of money

All right, this is a little white reader we talked about earlier, right?

Decoder with Nilay Patel
Square's product chief on the death of the penny and the future of money

This is kind of solely focused on growing, kind of helping sellers make any sale.