Peter Selas, former first PM at Snapchat and Head of Product at Discord, shares counterintuitive lessons on building high-growth teams, comparing them to terrorist organizations with clear ideology and decentralized decision-making. He argues that the median product manager is often net negative due to distribution dynamics, while great PMs exit to become founders. Selas explains why Snapchat struggled to monetize its massive user base due to its young demographic and camera-centric design, and highlights the critical importance of product restraint and taste in the age of AI.
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