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Full-Time

Director – Product

Mapping

Posted on 6/26/2024

Lyft

Lyft

10,001+ employees

Ride-sharing platform connecting drivers and passengers

Automotive & Transportation
Consumer Goods

Compensation Overview

$228k - $285kAnnually

+ Equity Offering + Bonus

Expert

Company Provides H1B Sponsorship

San Francisco, CA, USA

Hybrid role requiring in-office presence 3 days a week.

Category
Product Management
Product
Required Skills
Communications
Data Analysis
Requirements
  • 10+ years in product management or relevant experience in a tech-related field
  • Extraordinary interpersonal and communication and presentation skills, cultivator of collaboratively working relationships with teams across an organization, stakeholders, and executives.
  • Excellent judgment and thoughtfulness about the dynamics of an ever evolving product landscape; considers entire life cycle of deployment in order to ensure a delightful customer experience
  • Demonstrated experience (at least 3+ years desired) managing and growing a high performing team of product managers, while providing development, mentorship, and excitement to exceed team and department goals
  • You have a technical background and are able to contribute to planning and design discussions
  • You are steadfastly focused on customers, whether they are drivers, riders, partners or Lyft employees
  • Forward-thinking, analytical and problem-solving mindset, drawn to building off of ambiguous and unsolved problems and “making it happen”
  • Ability to remain flexible and thrive in ambiguity
Responsibilities
  • Translate Lyft’s vision and strategy into a Mapping product roadmap that drives our differentiated customer experience forward
  • Understand the competitive landscape and both general/ industry trends as well as local movements in passenger experiences to inform product strategies + roadmaps
  • Translate customer and internal user needs into clear, well-defined functional and technical strategies backed by data analysis and deep understanding of the technical systems including AI and human-in-the-loop
  • Manage, inspire and develop a team of high caliber product managers, providing them with development, mentorship, and and coaching to help them achieve theirs and Lyft's goals
  • Drive close cross-functional collaboration to deliver product development excellence—product management best practices
  • Guide and interface closely with data scientists and engineering teams to define scope, review, and refine technical capabilities, prioritize projects for release, and define new opportunities
  • Serve as a strategic and collaborative partner to the highest levels of Lyft leadership to drive company wide workstreams while influencing executive priorities and direction

Lyft connects passengers with drivers through a mobile app, primarily serving urban commuters, students, and tourists in the United States and Canada. The platform offers various ride options, including standard, luxury, and shared rides, catering to different customer preferences. Drivers use their own vehicles to provide services, and Lyft earns revenue by taking a commission from each ride fare. In addition to car rides, Lyft also provides bike and scooter rentals, and has a subscription service called Lyft Pink that offers benefits for a monthly fee. The company emphasizes safety and community guidelines to ensure a secure experience for users, while also supporting drivers with flexible payment options. Lyft's goal is to provide reliable transportation solutions while exploring self-driving technology and maintaining a diverse revenue stream.

Company Stage

IPO

Total Funding

$4.8B

Headquarters

San Francisco, California

Founded

2012

Growth & Insights
Headcount

6 month growth

3%

1 year growth

16%

2 year growth

4%
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Simplify's Take

What believers are saying

  • Lyft's exploration of self-driving technology positions it at the forefront of innovation in the transportation sector.
  • The company's flexible payment options attract a diverse range of drivers, enhancing its service availability and reliability.
  • Strategic partnerships, such as those with Babyscripts and the NAACP, expand Lyft's market reach and social impact.

What critics are saying

  • The ongoing legal challenges regarding the classification of drivers as independent contractors could result in increased operational costs and regulatory scrutiny.
  • Intense competition from rivals like Uber may pressure Lyft's market share and profitability.

What makes Lyft unique

  • Lyft's diversified revenue streams, including bike and scooter rentals, advertising, and subscription services, set it apart from competitors who primarily focus on ride-sharing.
  • The company's emphasis on safety and community guidelines ensures a secure experience for both drivers and passengers, which is a significant competitive advantage.
  • Lyft's partnerships with organizations like the EAS Carpenters union and Babyscripts highlight its commitment to social impact and community engagement.

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