"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
"YouTube is a platform that lets users upload self generated content that's available for all other users to view, globally. It has a freemium model where unpaid users can watch unlimited content. However, the paid users get additional features that enhance the viewing experience.
YouTube would like to move the unpaid users to a paid subscription model as it ensures higher ARPU for YT and gives users incentive to repeated come back to the platform to watch content.
**Ways to increase conversion"
Rahul J. - "YouTube is a platform that lets users upload self generated content that's available for all other users to view, globally. It has a freemium model where unpaid users can watch unlimited content. However, the paid users get additional features that enhance the viewing experience.
YouTube would like to move the unpaid users to a paid subscription model as it ensures higher ARPU for YT and gives users incentive to repeated come back to the platform to watch content.
**Ways to increase conversion"See full answer
"We've identified the problem as a Design a Product question. Use the following framework for tackling these types of questions:
Ask Clarifying Questions
Identify users, behaviors, and pain points
State product goal
Identify current solutions
Brainstorm new solutions
Evaluate solutions
Measure success
Summarize
We'll go through each of these step by step.
Ask Clarifying Questions
The PM interview isn't about your ability to come up w"
Exponent - "We've identified the problem as a Design a Product question. Use the following framework for tackling these types of questions:
Ask Clarifying Questions
Identify users, behaviors, and pain points
State product goal
Identify current solutions
Brainstorm new solutions
Evaluate solutions
Measure success
Summarize
We'll go through each of these step by step.
Ask Clarifying Questions
The PM interview isn't about your ability to come up w"See full answer
Product Manager
Product Design
🧠 Want an expert answer to a question? Saving questions lets us know what content to make next.
"I asked for clairication on what region in the world we were focusing on and I settled on the United States. I asked for clarification on the type of doctors and for what kind of patients and that was left up to me. I landed on any patient looking to find a doctor for "Preventive Medicine" given that the US is hurting on that. The pain points were around expensive/payment methods, access & lacking knowledge to know what kind of doctor is best for each person. I spent too much time here and had l"
Abel alejandro H. - "I asked for clairication on what region in the world we were focusing on and I settled on the United States. I asked for clarification on the type of doctors and for what kind of patients and that was left up to me. I landed on any patient looking to find a doctor for "Preventive Medicine" given that the US is hurting on that. The pain points were around expensive/payment methods, access & lacking knowledge to know what kind of doctor is best for each person. I spent too much time here and had l"See full answer
"As requirement here is to increase number of customer trading using the platform.
To achieve this i will collect statistics about the list of customers registering based on the preferences. I will launch a survey which will collect their experience/preferences on various type of products available on the platform like equity, derivatives, mutual funds etc.
Below are two features i will add to increase trading activity.
Based on their highest order of preference, Create a feature on the produ"
Lalit S. - "As requirement here is to increase number of customer trading using the platform.
To achieve this i will collect statistics about the list of customers registering based on the preferences. I will launch a survey which will collect their experience/preferences on various type of products available on the platform like equity, derivatives, mutual funds etc.
Below are two features i will add to increase trading activity.
Based on their highest order of preference, Create a feature on the produ"See full answer
"CQs
Is 10x capacity any specific time or in general
Any time of the day , store should be able to handle
To confirm, Grocery store objective is to sell day to day grocery and vegetables? Or do we want to include any other products
Day to day grocery
Why is the foot traffic more than 10x the typical cap. Was the store designed poorly or did the store not predict the foot traffic correctly ?
We suddenly become local's favorite
We want to design this single store to handle 10X capacity an"
Abhi S. - "CQs
Is 10x capacity any specific time or in general
Any time of the day , store should be able to handle
To confirm, Grocery store objective is to sell day to day grocery and vegetables? Or do we want to include any other products
Day to day grocery
Why is the foot traffic more than 10x the typical cap. Was the store designed poorly or did the store not predict the foot traffic correctly ?
We suddenly become local's favorite
We want to design this single store to handle 10X capacity an"See full answer
"I used the star framework to talk about a webhooks feature I designed to compliment an API product we were building, the client only asked for the APIs but I saw some inherent flaws in the polling mechanism with the APi product and decided to build a webhook notification system"
Lakshmi T. - "I used the star framework to talk about a webhooks feature I designed to compliment an API product we were building, the client only asked for the APIs but I saw some inherent flaws in the polling mechanism with the APi product and decided to build a webhook notification system"See full answer
"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
"Clarifying:
How many national resources? For example is this a country with a lot of natural resources or very few we want to preserve?
How are the other countries? Is there a lot of conflict around the creation of your country? (We will assume everything is perfect and we have unlimited financial resources)
Goals:
The two main goals of the product as I can see are preservation and enjoyment. Allowing people to enjoy our natural resources and preserving our natural resources.
User seg"
K D. - "Clarifying:
How many national resources? For example is this a country with a lot of natural resources or very few we want to preserve?
How are the other countries? Is there a lot of conflict around the creation of your country? (We will assume everything is perfect and we have unlimited financial resources)
Goals:
The two main goals of the product as I can see are preservation and enjoyment. Allowing people to enjoy our natural resources and preserving our natural resources.
User seg"See full answer
"Overall, a successful Netflix viewing session requires that the user was able to find a piece of content that they loved watching. Now, to break this down, how we might define this:
-Time browsing (from app open to content played)
-Satisfaction
--> inferred satisfaction: did user complete watching the piece of content?
--> explicit: did the user rank that they loved the content (2 thumbs up)?
The way I would evaluate a new Top Picks ML feature would be to implement an A/B test as follows:
Te"
Henry H. - "Overall, a successful Netflix viewing session requires that the user was able to find a piece of content that they loved watching. Now, to break this down, how we might define this:
-Time browsing (from app open to content played)
-Satisfaction
--> inferred satisfaction: did user complete watching the piece of content?
--> explicit: did the user rank that they loved the content (2 thumbs up)?
The way I would evaluate a new Top Picks ML feature would be to implement an A/B test as follows:
Te"See full answer
"One feature I launched was a construction draw process enhancement for loans ranging from $15MM to $60MM In response to the need for improved efficiency and accuracy in managing construction loan disbursements, I led the development and implementation of a streamlined process within our banking platform.
Working closely with stakeholders, including borrowers and internal teams, I gathered requirements and identified pain points in the existing process. Leveraging my expertise in data analysis a"
Jack F. - "One feature I launched was a construction draw process enhancement for loans ranging from $15MM to $60MM In response to the need for improved efficiency and accuracy in managing construction loan disbursements, I led the development and implementation of a streamlined process within our banking platform.
Working closely with stakeholders, including borrowers and internal teams, I gathered requirements and identified pain points in the existing process. Leveraging my expertise in data analysis a"See full answer