Welcome to LLMflation – LLM inference cost is going down fast ⬇️ (5 minute read)
There has been an unprecedented 10x annual decrease in AI language model costs, surpassing historical price declines seen in computing and bandwidth. This dramatic cost reduction, also known as "LLMflation," is making new AI applications possible at an accelerating pace. While still in the early stages, this trend suggests the AI revolution will continue to drive major technological advances.
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How to hire by Vinod Khosla (6 minute read)
Success in hiring executives hinges on defining the ideal candidate through real-world examples, prioritizing growth potential over experience, and synthesizing diverse inputs to make balanced, strategic trade-offs. Key steps to hiring include choosing a suitable search firm, seeking adaptable "technical athletes" over narrow experts, and focusing on sustainable qualities like growth velocity rather than just proven accomplishments.
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Winning hearts and minds (4 minute read)
A successful product transformation relies on the product organization building trust with the rest of the company. It requires a strong product team guided by knowledgeable leaders who prioritize coaching, understand the business, and balance customer needs with business constraints. Product teams must consistently deliver on commitments, produce meaningful business outcomes, and respond effectively to customer issues while also maintaining essential operations. This collectively earns stakeholders' trust over time.
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The DHM Model to craft product strategy (10 minute read)
Product strategy fundamentally rests on three key pillars: creating genuine customer delight through unique value, establishing hard-to-replicate competitive advantages, and experimenting with business models to ensure profitability. These elements form the foundation for building successful products.
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The art of workplace finesse (7 minute read)
Finesse is a skill that helps navigate complex interpersonal dynamics effectively. It involves balancing assertiveness with diplomacy, managing perception, understanding personal strengths, adapting flexibly to situations, being discreet, and recognizing incentives as crucial drivers of behavior. Finesse is aimed at amplifying one's impact without rigid adherence to set rules.
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Reducing complexity (4 minute read)
Complexity in product work is inevitable due to the inherently adaptive and collaborative nature of such work. Instead of reducing complexity, leaders should focus on minimizing structural friction, setting boundaries, and creating environments that allow teams to manage their internal complexity efficiently, rather than attributing complexity to team failings or adding pressure that obscures real challenges.
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10 sources of waste in product management (6 minute read)
Common sources of waste in product management include broken team structures, excessive processes, over-documentation, meeting overload, analysis paralysis, lack of tools, constant context switching, no product discovery, compromised quality, and perfectionism. To tackle these, pick one area, set clear goals, involve the team, take action, and refine as needed. Few things are as frustrating as wasted team effort.
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Thanks for reading,
Ellen Le & Sinan Zhang
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