Product Manager, Wattpad
Wattpad
CA$110-140k
More information about location
Platform for sharing original writing
Be an early applicant
Platform for sharing original writing
1001+ employees
Be an early applicant
CA$110-140k
More information about location
1001+ employees
Company mission
Wattpad's mission is to create a world where everyone's story can be heard, and anyone can belong.
Role
Who you are
- At least 1-3 years of professional experience as a product manager
- Experience and understanding of technology systems
- Have strong product instincts about getting from a user pain point to an underlying problem
- Passion for the power of storytelling
- Excellent leadership and communications skills, with experience managing a variety of stakeholders
- Data-driven/analytical mindset with the ability to break down complex problems into manageable tasks and prioritize them and work comfortably in forecasts and revenue predictions
- Natural curiosity with a thirst to validate assumptions with data, insight and peer discussions to inform yourself better
- Degree in Computer Science/Engineering, Business, or UX Design an asset
What the job involves
- We are currently looking for a Product Manager to join our Business and Platform Fundamentals Track within our product team
- This track is responsible for supporting user growth initiatives, the business models on Wattpad, including programmatic ads, IAP (coins), and subscriptions, along with core platform features such as story moderation and notifications
- As a PM, you will work closely with a multi-disciplinary team that includes engineering, design, and data
- You will work to understand our users' needs and ensure we are meeting our business goals
- You will help facilitate the process of determining the best solutions in collaboration with your team, and you will be the representative of the team to ensure the team’s efforts are aligned to the needs of the organization and supported by appropriate stakeholders
- Work with a multi-functional team to create, evolve and maintain multiple ad/premium products
- Contribute to the product roadmap for the track
- Be responsible for hitting goals in line with the company strategy
- Facilitate a strong product discovery process around understanding users, partners and stakeholder needs constantly validating hypotheses
- Work closely with our engineering teams to better define, implement and iterate on solutions together
- Seek to deeply understand how readers engage with our business models while consuming stories, clearly define and prioritize challenges and opportunities to ensure we are working on the right things at the right time
- Work closely with the 10+ product management team to ensure a cohesive and integrated product experience that meets the needs of our 90M users, while supporting each other’s development across the practice
- Build strong relationships across the company to help solve problems together
Application process
- Wattpad is conducting all interviews in a distributed manner using applicable third party software where needed and using visual interface tools such as Google Meet and Zoom
Our take
Content is king and Wattpad has managed to create a platform that aggregates the most loved original writing content in the world, turning the traditional publishing industry on its head.
Where authors used to submit drafts to dozens of publishing houses in the hope of getting some eyeballs on their work, Wattpad opened up the process to millions of young authors by letting them easily submit their work, and fostering a community around their software that offers feedback and help.
The e-reading platform is now looking to double down on its strategy of taking its user-generated fiction and turning it into successful intellectual property upon which original series and movies can be based. However a significant challenge for Wattpad is in producing original, marketable content from its platform given the popularity of fanfiction, stories which are based on existing intellectual property.
Another challenge for Wattpad is the current economic conditions which have affected much of the tech sector and are not sparing digital publishing. Having shelved bold plans for the future it also laid off 15% of its workforce in March 2023. Having realigned for its current business needs however, it is now well placed to weather the current market downturn.
Freddie
Company Specialist at Welcome to the Jungle
Insights
3% employee growth in 12 months
Company
Funding (last 2 of 4 rounds)
Jan 2018
$51m
LATE VC
Apr 2014
$46m
SERIES C
Total funding: $117.8m
Company benefits
- Full health benefits
- Career development & Mentorship opportunities
- RRSP matching
- Generous parental Leave top-up
- Flexible hours
- Regular hackathons
- Healthy snacks & drinks
- Your choice of hardware
- Monthly work-from-home allowance
- Beautiful offices in Toronto and Halifax
- Easy access to transit
Company HQ
St. Lawrence, Toronto, ON
Leadership
Allen lau
(CEO)Lau attended University of Toronto where he earned his bachelor's degree in electrical engineering followed by a master's in the same subject. Thereafter he briefly worked as a software engineer for Brightspark before founding his first notable company, Tira Wireless, a mobile development startup. He is also the co-founder of Two Small Fish Ventures, a fund that invests in Toronto and Waterloo-based early-stage internet companies with strong network effects.
Ivan Yuen
(CSO)Prior to Wattpad, Ivan co-founded FeedM8 and served as the company’s CTO. Before that he was one of the first employees of Tira Wireless, where he helped grow the technical team and developed new and emerging wireless technologies. Ivan graduated from the University of Waterloo with a degree in Computer Engineering and also earned an MBA from the Rotman School of Management.
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