"Great question!
Last year, we were working on a critical project to develop a real-time risk analytics platform. This platform was designed to provide our traders with instantaneous risk metrics, allowing them to make informed decisions in a fast-paced trading environment. Midway through the project, we faced a significant issue: our chosen data processing framework was not performing as expected under the high data throughput required by our trading algorithms. This was causing unacceptable lat"
Scott S. - "Great question!
Last year, we were working on a critical project to develop a real-time risk analytics platform. This platform was designed to provide our traders with instantaneous risk metrics, allowing them to make informed decisions in a fast-paced trading environment. Midway through the project, we faced a significant issue: our chosen data processing framework was not performing as expected under the high data throughput required by our trading algorithms. This was causing unacceptable lat"See full answer
"Sounds like interesting problem! First I'd like to clarify a few things....
Clarify/Find Constraints.
WHO - who are we improving the post-booking experience for? restaurant visitors? or restaurant staff who view reservations? new vs existing users?
WHAT - what do we mean by improve? is there a specific metric we're looking to improve upon (user experience? increasing show-up rate? booking a second time? etc.?) confirm process/JTBD - are we referring to the standard OpenTab"
Maya B. - "Sounds like interesting problem! First I'd like to clarify a few things....
Clarify/Find Constraints.
WHO - who are we improving the post-booking experience for? restaurant visitors? or restaurant staff who view reservations? new vs existing users?
WHAT - what do we mean by improve? is there a specific metric we're looking to improve upon (user experience? increasing show-up rate? booking a second time? etc.?) confirm process/JTBD - are we referring to the standard OpenTab"See full answer
"Clarifying questions
What is Facebook Events
How does this work
Is it only desktop based or app based as well
Why Meta built it
Core idea/tenet for Facebook is to have user engagement & to build everything around it. While people continue to interact with Facebook and create content on it, to increase the duration of engagement, having capability to host virtual events ensures community participation and making Facebook go beyond status and photo updates and let people coordinate"
Mohammad M. - "Clarifying questions
What is Facebook Events
How does this work
Is it only desktop based or app based as well
Why Meta built it
Core idea/tenet for Facebook is to have user engagement & to build everything around it. While people continue to interact with Facebook and create content on it, to increase the duration of engagement, having capability to host virtual events ensures community participation and making Facebook go beyond status and photo updates and let people coordinate"See full answer
Product Manager
Analytical
+1 more
🧠 Want an expert answer to a question? Saving questions lets us know what content to make next.
"Clarifying Questions
Is the product a digital or physical marketplace? (Digital)
Are we building an educational platform, freelance platform, or marketplace? (Freelance platform)
Are we focusing on a specific geographical location? (India)
Will the platform involve online transactions? (Yes)
User Personas
Individual Gardeners: Self-employed gardeners offering their services.
Gardening Agencies: Organizations providing gardening services.
**Educational Institutio"
Preetham m P. - "Clarifying Questions
Is the product a digital or physical marketplace? (Digital)
Are we building an educational platform, freelance platform, or marketplace? (Freelance platform)
Are we focusing on a specific geographical location? (India)
Will the platform involve online transactions? (Yes)
User Personas
Individual Gardeners: Self-employed gardeners offering their services.
Gardening Agencies: Organizations providing gardening services.
**Educational Institutio"See full answer
"How about this one...
Situation:
In my previous Organization, I was PM of Financial services- Business Loans. I was building the user journey and end to end process. We were in middle of development and I got one more product to work on - BNPL (Buy Now Pay Later).
Tasks:
I was asked to provide the roadmap , rough wireframes, guess estimates (No of engineers required) and by when we can ship the MVP. Need not to mention but as startups always have resource constrains and tight deadli"
Veronica S. - "How about this one...
Situation:
In my previous Organization, I was PM of Financial services- Business Loans. I was building the user journey and end to end process. We were in middle of development and I got one more product to work on - BNPL (Buy Now Pay Later).
Tasks:
I was asked to provide the roadmap , rough wireframes, guess estimates (No of engineers required) and by when we can ship the MVP. Need not to mention but as startups always have resource constrains and tight deadli"See full answer
"Assumptions:
Geo: US
Channels: Both Mobile/Web
Includes Stocks and other kinds of tradable financial instruments
Product for end users and not for FB employees to trade stocks or financial Instruments
Separate App or integrated within the FB Blue App? Integrated within the Blue App
Constraints:None
Why might this make sense for FB?
Recently with the advent of free retail trading platforms like Robinhood stock trading has been democratized and common people, young and old, hav"
TurboPM - "Assumptions:
Geo: US
Channels: Both Mobile/Web
Includes Stocks and other kinds of tradable financial instruments
Product for end users and not for FB employees to trade stocks or financial Instruments
Separate App or integrated within the FB Blue App? Integrated within the Blue App
Constraints:None
Why might this make sense for FB?
Recently with the advent of free retail trading platforms like Robinhood stock trading has been democratized and common people, young and old, hav"See full answer
"Clarifying questions (since there is no interviewer to clarify, I will state and make my assumptions below):
Is this an app for park-goers, Six Flags employees, or some other stakeholder?
Assumption: this is an app for park-goers
Is there an age-limit on the app?
Assumption: There is no specific age-limit, but it should be family friendly
Will this app be standardized across all Six Flags locations?
Assumption: yes
To design this product, I will explain my thought proces"
Izzy K. - "Clarifying questions (since there is no interviewer to clarify, I will state and make my assumptions below):
Is this an app for park-goers, Six Flags employees, or some other stakeholder?
Assumption: this is an app for park-goers
Is there an age-limit on the app?
Assumption: There is no specific age-limit, but it should be family friendly
Will this app be standardized across all Six Flags locations?
Assumption: yes
To design this product, I will explain my thought proces"See full answer
"Here is my prototype sol:
if name == "main":
counter = HitCounter(window_seconds=10) # 10-second window for demonstration
limitera = RateLimiter(counter, maxhitsperwindow=3)
limiterb = RateLimiter(counter, maxhitsperwindow=2)
`"
Alejandro C. - "Here is my prototype sol:
if name == "main":
counter = HitCounter(window_seconds=10) # 10-second window for demonstration
limitera = RateLimiter(counter, maxhitsperwindow=3)
limiterb = RateLimiter(counter, maxhitsperwindow=2)
`"See full answer
"The opening of people spending a lot time on Facebook is way too long. Almost half time of the video.
The analysis of Facebook business model should be very brief. People know Facebook business model.
Maximize the ads display while balancing the user experience is the key. She can drive to this point much faster.
Segmentation of user group feels irrelevant to the question.
I would answer the question in a different way.
Ads revenue is the single most revenue stream for Facebook. So we c"
Zhi C. - "The opening of people spending a lot time on Facebook is way too long. Almost half time of the video.
The analysis of Facebook business model should be very brief. People know Facebook business model.
Maximize the ads display while balancing the user experience is the key. She can drive to this point much faster.
Segmentation of user group feels irrelevant to the question.
I would answer the question in a different way.
Ads revenue is the single most revenue stream for Facebook. So we c"See full answer
"Use a representative of each, e.g. sort the string and add it to the value of a hashmap> where we put all the words that belong to the same anagram together."
Gaston B. - "Use a representative of each, e.g. sort the string and add it to the value of a hashmap> where we put all the words that belong to the same anagram together."See full answer
"Background
A. Objective
Lyft has a presence in Toledo, Ohio. At our current revenue per ride of $6, we can match 60% consumers requesting a ride with a driver. Our goal is to maximize net revenues in the next 12 months by figuring out the optimal revenue per ride.
B. TLDR Summary
· With a target market of (~100K-138K) consumers, on a $25 charge to consumers, Lyft should pay $20.75 to drivers and fix its share at $4.25 to maximize its net revenues over a 12-mont"
Eshan P. - "Background
A. Objective
Lyft has a presence in Toledo, Ohio. At our current revenue per ride of $6, we can match 60% consumers requesting a ride with a driver. Our goal is to maximize net revenues in the next 12 months by figuring out the optimal revenue per ride.
B. TLDR Summary
· With a target market of (~100K-138K) consumers, on a $25 charge to consumers, Lyft should pay $20.75 to drivers and fix its share at $4.25 to maximize its net revenues over a 12-mont"See full answer
"Netflix is a OTT platform that streams content , TV shows, movies documentaries, to the subscriber's of Netflix. Netflix has approximately 90 million subscribers in USA alone and Netflix's revenue is generated based on their subscriptions. The user buys Netflix subscription, logs in , opens profile and opens the home page of Netflix.
1. Confirmation of the Assumptions
Homepage Definition: The homepage is the screen users see after logging into their profile, showing tailored recom"
Hari priya K. - "Netflix is a OTT platform that streams content , TV shows, movies documentaries, to the subscriber's of Netflix. Netflix has approximately 90 million subscribers in USA alone and Netflix's revenue is generated based on their subscriptions. The user buys Netflix subscription, logs in , opens profile and opens the home page of Netflix.
1. Confirmation of the Assumptions
Homepage Definition: The homepage is the screen users see after logging into their profile, showing tailored recom"See full answer
"At a high level, the core challenge here revolves around building an effective recommendation algorithm for news.
News is an inherently diverse category, spanning various topics and catering to a wide array of user types and personas, such as adults, business professionals, general readers, or specific cohorts with unique interests. Consequently, developing a single, one-size-fits-all recommendation algorithm is not feasible.
To enhance the personalization of the news recommendation algorithm,"
Sai vuppalapati M. - "At a high level, the core challenge here revolves around building an effective recommendation algorithm for news.
News is an inherently diverse category, spanning various topics and catering to a wide array of user types and personas, such as adults, business professionals, general readers, or specific cohorts with unique interests. Consequently, developing a single, one-size-fits-all recommendation algorithm is not feasible.
To enhance the personalization of the news recommendation algorithm,"See full answer
"Prompt: We work for an online shopping website. Our team wants to consider offering discounts (e.g. 10% off your next purchase) to customers to incentivize them to make purchases. How would you design a system that decides how to offer these incentives?
Answer
Goals: Increase customer engagement while controlling costs. Specifically, we want the increase in revenue per customer per week of customers that receive the discount to be greater than the cost of the discount.
Metrics: Revenue per cu"
Michael F. - "Prompt: We work for an online shopping website. Our team wants to consider offering discounts (e.g. 10% off your next purchase) to customers to incentivize them to make purchases. How would you design a system that decides how to offer these incentives?
Answer
Goals: Increase customer engagement while controlling costs. Specifically, we want the increase in revenue per customer per week of customers that receive the discount to be greater than the cost of the discount.
Metrics: Revenue per cu"See full answer
"Answering only estimation portion for practice (for some reason after submitting the formatting is unorganized)
clarification and assumptions
can I assume this grocery store location is called Greens
can I assume that self-checkout means that customers checks out without assistance?
can I assume that cashier checkout means that cashier assists customers with checkout?
can I assume that ratio means how man self-checkouts should be place at this grocery store compare"
Ama M. - "Answering only estimation portion for practice (for some reason after submitting the formatting is unorganized)
clarification and assumptions
can I assume this grocery store location is called Greens
can I assume that self-checkout means that customers checks out without assistance?
can I assume that cashier checkout means that cashier assists customers with checkout?
can I assume that ratio means how man self-checkouts should be place at this grocery store compare"See full answer