This is one of the best product strategy mock interviews in all of youtube!
There is no way this wasn’t staged.
Start with profitability but never address it? Not sure if this was a good interview
Great mock but it seems very safe and not real. Interviews nowadays especially with AI tools require more complex responses.
Sometimes, strategy or product design interview questions like this one are asked in phone screen interview round. How would the framework or answer format change in that situation in general? What about the question from this video? (I am assuming the phone screen will cover behavioral interview questions and maybe an estimation question, which would leave us with maybe 10-15 mins for the strategy/product design question). I have had that happen to me before in a FAANG phone screen
i learned so much from this one mock interview. Thank you so much for doing this.
Is important to define in what market your new strategy is going to be applied, probably in this example it was the US. It surprised me, when I heard, in the substitutes part, that bicycles and mass transportation are not evolving nor interesting, when I would say that the opposite is happening in many places. The trend is to use more mass transportation and bikes (regular/electric). Please correct me if I am wrong.
structure-wise it's good but content-wise it's not a good answer. Even though it's staged, answers are quite vague and useless (blockchain > defi > DT which should a good product??? LOL)
This is interesting - for competition - he listed some of the competition, but for customers, a direct strategy of network effect was proposed which makes sense, but a typical Porter 5 would be to similarly look at the different types of customers for people transport, food transport... and other types of transport... which may turn into a long discussion. He's so experienced he was able to pivot directly to a network effect customer strategy rather than spend too much time on the customer part of Porter 5. I'm not saying its right or wrong - but it was a smart move to save time, come to a convincing conclusion and move on.
Good approach but the lense is wider than he thinks. "The way you move" is the correct lense but youre competing with A LOT Of people. Consider Transport for London for example -> underground tubes, bus network, trams etc.
These interviews (from I got an offer and with this person) are the best ones I have seen, and helped me a lot in getting good offers.
Great interview! …Id like to understand his point on decentralized transportation… isn’t uber decentralized already?
OMG!! mark! You just so good!! your structure, approach, and thought process, is one to be admire.. Your channel has really helped me a lot!! keep the good work...💪💪 just a quick suggestion, using a whiteboard to elaborate will really help.
Great interview, great market analysis. Exhuastive list of options produced. However at the end when interviewer asked which 1 would yoj go for candidate chose AI. I would have chosen Autonomous taxi, because that eliminates the dependedy on suppliers(drivers) , the impact km services would have been far more compared tO AI.
Great interview
Good approach, but the analysis is not upto the mark
5:25 Uber really need to listen to this lol
23:24 what you really means is just another Siri.
@IGotAnOfferPM