DeepSummary
The episode features an interview with SC Moatti, a managing partner at Mighty Capital and the founder of Products That Count. Moatti shares her background growing up in Paris with an entrepreneurial family and her journey into the tech industry, including her time working at companies like Facebook, Nokia, and Electronic Arts. She recounts the early days of her career and the challenges of scaling products and adapting to mobile technology at Facebook.
Moatti discusses the founding of Products That Count, which started as a small dinner series and grew into one of the largest networks for product managers. She explains how this experience led her to start Mighty Capital, a venture capital firm that invests in companies with a strong product focus and leverages the Products That Count network to provide access to a global community of product managers.
Looking ahead, Moatti shares her plans for Products That Count, including a product acceleration platform and resources focused on category design and market leadership. She also discusses the success of Mighty Capital's first fund, their recent oversubscribed second fund, and their investment approach centered around connecting portfolio companies with a vast network of product experts.
Key Episodes Takeaways
- SC Moatti's journey from engineering to product management and entrepreneurship, including her experiences at companies like Facebook, Nokia, and Electronic Arts.
- The founding and growth of Products That Count into one of the largest networks for product managers, and its role in inspiring Moatti to start her venture capital firm, Mighty Capital.
- Mighty Capital's investment thesis centered around leveraging the Products That Count network to support product-focused companies with access to a global community of product experts.
- The increasing importance of product management across industries and geographies, driven by digital transformation.
- Moatti's outlook on the post-COVID economy and the anticipated surge in product launches and enhancements, underscoring the need for effective product management and category design.
- Moatti's philosophy of making innovation and entrepreneurship accessible to all, regardless of background or location.
- The evolution of Facebook's culture and approach to product development, particularly during the transition to mobile.
- Moatti's plans for Products That Count, including a product acceleration platform and resources focused on category design and market leadership.
Top Episodes Quotes
- “You're always sort of doing something between working at a big company to put some money on the side, getting your side hustle, looking for other people to start another company. So you always sort of have a lot of irons in the fire, basically.“ by SC Moatti
- “In particular, in the past two years, product management went from something that really only tech companies do and understand to something that's cross industry, cross geography, and absolutely a must have for any company who's going through a digital transformation.“ by SC Moatti
- “And so what we anticipate is that in the second half of next year, there's going to be a frenzy of catching up and competition and a lot of cutthroat activity in the economy in general. People saying, okay, I've waited long enough, now let me release that new product or enhance the month or something.“ by SC Moatti
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Episode Information
Startup Grind
www.startupgrind.com
1/22/21