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Full-Time

Staff Product Manager

Lyft Business

Posted on 9/24/2024

Lyft

Lyft

10,001+ employees

Ride-sharing platform connecting drivers and passengers

Automotive & Transportation
Consumer Goods

Compensation Overview

$172k - $215kAnnually

+ Equity Offering + Bonus

Senior, Expert

San Francisco, CA, USA

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

Category
Product Management
Product
Required Skills
Sales
Communications
Requirements
  • 7+ years of experience as a product manager
  • 2+ years of B2B product management experience
  • A demonstrated track record of taking a product portfolio with strong product/market fit within one domain, and scaling to additional use cases to drive long-term durable growth.
  • Experience partnering with both tech and non-technical business teams, such as enterprise sales, on product vision, strategy and execution.
  • Demonstrated leadership & ability to make things happen around you. Ability to manage project ambiguity, complexity and interdependencies in an organized and structured way. Skilled in defining and analyzing 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, and other audiences.
  • Ability to conceptualize, prioritize and lead multiple projects for stakeholders.
  • Detail oriented with superior organizational skills -- balancing multiple projects, deadlines, and requests should be second nature to you.
Responsibilities
  • Partner closely with Lyft Business’s head of strategy to assess the landscape of B2B transportation use cases and identify where Lyft Business can build a strategic position to drive long term, durable growth.
  • Lead a cross functional team to build the right product(s) for those use case(s), thoughtfully testing our way into new opportunities.
  • Influence and coordinate the roadmaps of multiple product and engineering teams. Balance the needs of continuing growth in segments where we have product/market fit with finding and scaling product/market fit in new segments.
  • Demonstrate customer obsession by deeply understanding and empathizing with the pain points of businesses when it comes to their transportation needs, and working with your engineering, design, science and business counterparts to prioritize and execute on the right product solutions to those pain points.
  • Clearly communicate roadmaps, priorities, experiments and decisions across a wide spectrum of audiences from partner teams to executive levels.
  • As the most senior member of the Lyft Business product team, lend executional help and mentorship to the more junior team members across our portfolio of products and platforms.

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

4%

1 year growth

6%

2 year growth

4%
Simplify Jobs

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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