"This is a Fermi problem — an estimation or approximation problem with limited information and back-of-the-envelope calculations. There's no right answer: interviewers want to understand how you think and how well you can explain your reasoning, rather than what you already know.
Recall the formula for Fermi problems:
Ask clarifying questions
Catalog what you know
Make equation(s)
Think about edge cases to add to equation
**Breakdown components of your equat"
Exponent - "This is a Fermi problem — an estimation or approximation problem with limited information and back-of-the-envelope calculations. There's no right answer: interviewers want to understand how you think and how well you can explain your reasoning, rather than what you already know.
Recall the formula for Fermi problems:
Ask clarifying questions
Catalog what you know
Make equation(s)
Think about edge cases to add to equation
**Breakdown components of your equat"See full answer
"A refrigerator is used to store food in cold storage to prevent spoilage. If there is nothing specific from the interviewer, I would consider a robotic refrigerator to be a smart fridge that incorporates AI and movement.
Clarifying questions:
Digital / Physical product or combination
Any particular demographic of customers?
What is the goal of this product?
Only home users to be considered?
User cohorts:
Families with children: Refrigerator being a common family appliance
Couples and ro"
Ranjani M. - "A refrigerator is used to store food in cold storage to prevent spoilage. If there is nothing specific from the interviewer, I would consider a robotic refrigerator to be a smart fridge that incorporates AI and movement.
Clarifying questions:
Digital / Physical product or combination
Any particular demographic of customers?
What is the goal of this product?
Only home users to be considered?
User cohorts:
Families with children: Refrigerator being a common family appliance
Couples and ro"See full answer
"This is a Strategy Question, which asks you to justify high-level business decisions and strategy. With many acquisition strategy questions, we can first look at core competencies and synergies before offering more complex reasoning.
Let's go over one possible solution:
> There's many different reasons why Twilio acquired SendGrid, my top three reasons would be:Owning more of the communications network
> More data
> Upselling to SendGrid customers
>
Owning more of the communications netw"
Exponent - "This is a Strategy Question, which asks you to justify high-level business decisions and strategy. With many acquisition strategy questions, we can first look at core competencies and synergies before offering more complex reasoning.
Let's go over one possible solution:
> There's many different reasons why Twilio acquired SendGrid, my top three reasons would be:Owning more of the communications network
> More data
> Upselling to SendGrid customers
>
Owning more of the communications netw"See full answer
"This is an Improve a Product question. Let's first go over the Improve a Product formula:
Ask clarifying questions
Identify users, behaviors, and pain points
State product goal
Brainstorm small improvements
Brainstorm bolder improvements
Measure success
Summarize
Now, let's begin!
Ask clarifying questions
Before we begin listing off recommendations, it's important you ask questions to ensure you and the interviewer are on the same page"
Exponent - "This is an Improve a Product question. Let's first go over the Improve a Product formula:
Ask clarifying questions
Identify users, behaviors, and pain points
State product goal
Brainstorm small improvements
Brainstorm bolder improvements
Measure success
Summarize
Now, let's begin!
Ask clarifying questions
Before we begin listing off recommendations, it's important you ask questions to ensure you and the interviewer are on the same page"See full answer
"This is a classic Favorite Product question with a constrained product type. For this, we want to make sure it's a collaborative tool used between teams. Let's go over the Favorite Product formula before diving in:
Choose a product and briefly explain what it is
Who are the users?
What are their pain points?
How did competitors solve it in the past?
How does this product address these pain points differently and better?
**How would you improve it/make it"
Exponent - "This is a classic Favorite Product question with a constrained product type. For this, we want to make sure it's a collaborative tool used between teams. Let's go over the Favorite Product formula before diving in:
Choose a product and briefly explain what it is
Who are the users?
What are their pain points?
How did competitors solve it in the past?
How does this product address these pain points differently and better?
**How would you improve it/make it"See full answer
"Anonymity breeds honest & trustworthy responses. Readers find this relatable and feel motivated to share their story - which kicks off the UGC flywheel."
Prashant B. - "Anonymity breeds honest & trustworthy responses. Readers find this relatable and feel motivated to share their story - which kicks off the UGC flywheel."See full answer