Senior Product Manager, Lyft
Marketplace Growth
$148-185k
Ride sharing company
Be an early applicant
Ride sharing company
1001+ employees
Be an early applicant
$148-185k
1001+ employees
Company mission
To improve people’s lives with the world’s best transportation.
Role
Who you are
- Minimum of 5+ years of product management experience
- Passion for Lyft and what we are trying to achieve in sustainable urban transportation
- Natural ability to make things happen around you. You manage project ambiguity, complexity and interdependencies in an organized and structured way
- Ability to define and analyze metrics that inform the success of products
- Excellent judgment and thoughtfulness about the dynamics of a product ecosystem
- Strong communication skills and intuition for communication strategy at every level -- within teams, within the company, to users, to press, and other audiences
- Experience running A/B tests and using common statistical techniques to evaluate results. Experience leading post-launch optimizations including developing testing strategies
- Experience working Data Scientists and leveraging data models to solve business problems
- Ability to conceptualize, manage and prioritize multiple projects for stakeholders
- Detail orientated with superior organizational skills -- balancing multiple projects, deadlines, and requests should be second nature to you
What the job involves
- We are looking for product managers who bring exceptional creative and analytical skills to drive forward a best in class product. Product management at Lyft leads the integration of engineering, data science, and design to achieve the company’s vision for reinventing transportation
- We are looking for entrepreneurial and passionate Product Managers to innovate and execute across a rapidly growing, fast paced company and industry
- The Growth team’s goal is to efficiently acquire new users and ensure users are retained on the platform
- Rider and Driver Acquisition Levers, including paid media, referral bonuses, and more
- Rider and Driver Resurrection Levers
- Systems to efficiently allocate Growth spend across channels, levers, and regions
- Platforms used to power the various Growth Levers
- The Growth PM should be interested in how incentives motivate behavior, how Growth spend translates into business value, and how to build scalable, dynamic products
- This individual possesses high level product development experience and has experience working in deep product domains - using data and experimentation to guide a large cross-functional team towards a long term vision
- This Product Manager will ensure we’re solving the needs of our customers and driving business impact by becoming the go-to leader for their cross-functional team
- This Product Manager should be very detail-oriented, while also seeing around corners to build for future growth
- This Product Manager should be comfortable working in complex, fast-paced organizations - aligning multiple functions toward a single vision
- Understand Lyft's strategic and competitive position. Set your team's goals, success metrics and roadmap to align with Lyft's mission and drive maximum impact based on data analysis, market research and usability studies
- Completely own your team's products, existing or new, from ideation, through development, to launch, growth and maintenance
- Lead and align cross functional partners and teams: engineers, data scientists, designers, analysts, marketers, business partners and operations to drive a shared vision
- Communicate clearly roadmaps, priorities, experiments and decisions across a wide spectrum of audiences from partner teams to executive levels
Our take
Lyft has aimed for consistent growth, making sure to pitch itself as a more reliable and friendly ride-sharing option than its main competitor, Uber. Uber has a greater market share and operates globally, but Lyft hopes to compete by its focus on ride-sharing over Uber's more diversified business approach and as a more rider-friendly and greener alternative to Uber.
Operating only in the USA and Canada, Lyft is in a position of being less affected by global events than Uber but also more vulnerable to local conditions. As an example, while it doesn't face the regulatory hurdles around employment rights that Uber does, it is unable to balance out the cost of the unusually expensive US auto insurance across its operations.
In 2022, Lyft acquired PBSC Urban Solutions, a bike-share equipment and technology supplier, allowing Lyft to compete in new verticals and reaffirming its commitment to green transportation. It has also trialed and launched Lyft Assisted, where drivers help passengers from their door into the car to get to medical appointments. These developments chime well with Lyft's unique selling point as a friendlier and more environmentally aware ride-sharing app.
Steph
Company Specialist at Welcome to the Jungle
Insights
Company
Funding (last 2 of 14 rounds)
Jun 2018
$600m
LATE VC
Mar 2018
$200m
LATE VC
Total funding: $4.9bn
Company benefits
- Great medical, dental, and vision insurance options
- Mental health benefits
- In addition to 12 observed holidays, salaried team members have unlimited paid time off, hourly team members have 15 days paid time off
- 401(k) plan to help save for your future
- 18 weeks of paid parental leave. Biological, adoptive, and foster parents are all eligible
- Pre-tax commuter benefits
- Lyft Pink - Lyft team members get an exclusive opportunity to test new benefits of our Ridership Program
- Family building benefits
- Lyft Pink - Lyft team members get an exclusive opportunity to test new benefits of our Ridership Program
Company HQ
China Basin, San Francisco, CA
Articles
Leadership
John Zimmer
(Co-Founder)Originally an Analyst at Lehman Brothers, Zimmer then founded Zimride which was a private ridesharing company that pivoted into Lyft.
Logan Green
(Co-Founder)Founded Zimride, a private ridesharing company which later pivoted into Lyft.
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