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Product Manager
Remote (US)
Senior
Posted 2 months ago
Why is this role awesome?
"Runway is going to be a multi-deca-billion dollar startup. Don't miss out on joining this team." - Garry Tan

What is Runway?

The way we look at financials today hasn't changed in over half a millennium. It doesn't just predate computing, it actually predates the popularization of negative numbers.

It's time for a rethink.

We're building a consumer-grade social product that reinvents how business financials are presented through modern design and engineering. By bringing clarity, power, and speed to financial data, we help every team become more aligned on the entire business so they can collaborate to make better decisions, faster.

We are a small founding team of successful startup veterans with deep experience in consumer product, social design, and financial operations.

We're supported by a select group of investors that we admire, including Soleio Cuervo (Combine), Andreessen Horowitz, Elad Gil, Naval, Dylan Field (CEO of Figma) and Henry Ward (CEO of Carta).

What's it like to work at Runway?

We're remote-first, so you can work from anywhere in the world. We maintain core working hours of 11AM to 4PM PT, when we're all online and available at the same time. We strive to be clear in our communication and over-communicate by default.

We're early, so you'll have an opportunity to shape not just our product, but the company itself: who we work with, and how we work together.

Below are the values we share as a team, so if you like these, you may enjoy working here. (And if you don't like them, please tell us what we're missing in our thinking!)

What are our values?

  • 🚀 Accelerate

    Accelerating Means ...

    • Moving Fast You have a bias for action and shipping value to customers. You get more done than most people expect, sooner than most people think is possible. You aren't afraid to create deadlines, and you work hard to hit them.
    • Continuously Improving You continuously reflect on how you can accomplish more personally, and how our team can accomplish more together.
    • Going the Distance You optimize for the marathon, not just the sprint, and aren't afraid to take time off to refuel, recharge, and reflect so you don't get burnt out.

    Why do we do this?

    Speed is a competitive advantage.

    We chose to work on an extremely complicated problem with an enormous surface area. There is a lot to build. Despite being privileged to have a strong team and capital support, we still must move fast in order to win the market and not be obsoleted in the marketplace.

    We have to run a marathon, and we have to do so at a sprint. So how do we do so sustainably?

    We do so by accelerating. A plane doesn't start at takeoff speed, but what it does do is accelerate at a constant rate until it hits takeoff velocity. We should do the same.

    It's okay if we don't start at top speed. We can't run at top speed all the time, but we always want to move a little bit faster and work a little smarter.

    If we focus on acceleration rather than speed, we'll be able to continually move faster, work smarter, deliver more as a team, and do so in a sustainable way.

    What's the price we're willing to pay to Accelerate?

    We're going to feel stretched. We're going to feel stressed. We're going to need to take more time off for self care than if we worked at a normal leisurely pace.

  • 🪄 Create Magic

    Creating Magic means...

    • Build Magical Experiences You sweat the details on performance and speed in our product, and surprise our customers with edge cases and polish that they don't expect.
    • Craft Magical Stories You take extra care in your written communications to the team to make sure they are engaging and inspiring.
    • Begin with the Ending - You ****begin with the end in mind and work backwards. You craft stories in the form of products, features, presentations, memos that are delightful, emotional, and inspiring in order to move people to action and make an impact.

    Why do we do this?

    Storytelling is a magical superpower, and is central to what we do at Runway. When we're explaining what our plans are for the week, when we're describing how we work together, selling Runway to customers, pitching Runway to investors, recruiting talented people to join our crew - what we're doing is telling stories to inspire action.

    When these stories are magical, we can make a superhuman impact.

    When people use our product, they are experiencing a story that we've built, but Runway is also a tool for people to tell their own stories. Stories about how to understand their business better, how their crew can better work together, and how they can be more successful.

    These stories should be magical.

    If we want to be remembered, if we want people to pay attention, and if we want to make a real impact in the world, we have to go the extra mile and then some, not just in volume but in creativity too. In other words, we must Create Magic.

    What's the price we're willing to pay to Create Magic?

    "Sometimes magic is just someone spending more time on something than anyone else might reasonably expect."

  • ⚔️ Invent Together

    Inventing Together means ...

    • Active Listening You enter discussions with an open mind, and are receptive to new perspectives. You repeat back to others what you've heard in order to confirm your understanding and make others feel understood. You aren't afraid to ask questions when you don't understand.
    • Invent New Solutions You invent win-win solutions that encompasses new perspectives in multiplicative, better ways. You avoid seeing disagreements as a zero sum game. You actively recognize the bright spots of peoples ideas, pull those out and say "YES! And...".
    • Disagree and Commit You believe that progress forward as a team is more important than progress forward in your idea. In the extremely rare situation when invention is not possible, you know how to disagree and commit.

    Why do we do this?

    We don't believe in operating by consensus at Runway. We want people to be free to make decisions at Runway without being blocked by a bureaucratic machine. At the same time, we also want to work well with each other as a team and have high standards for our work.

    We all bring different experiences, talents, and perspectives to our work at Runway. Most of the time, when there is a disagreement, it's because we're each contributing to a larger, more complete picture through our own unique perspectives and context.

    When we take into account the perspectives of people who aren't us, and truly seek to understand them, not only will our other crewmates feel heard and understand, the products that we build and the decisions that we make will be more resilient for it.

    What's the price we're willing to pay to Invent Together?

    Seeking to understand and truly listen is difficult. It requires self awareness, low ego, and patience. Sometimes it might mean that it may take longer for a good decision to be made.

  • 🤝🏾 Trust by Default

    Trusting by Default means ...

    • Assume Good Intent You trust your crewmates and assume good intent in others, especially when faced with a challenging situation or outcome you didn't expect.
    • Trust Proactively You're willing to let go of your legos (projects, ideas, tools, technologies) to make space at the table for others. You seek out opinions and feedback on projects, especially from those who are often not represented.
    • Being Trustworthy You build and maintain trust by meeting commitments, over-communicating, courageously delivering direct and empathetic feedback, steelmanning opposing points of view, and recognizing that we are all here to continuously learn and grow.

    Why do we do this?

    We want people to enjoy working at Runway, and we want to move fast. Trust by default helps us do both, because people can own their outcomes, and we aren't blocked on reviews and decisions.

    However, if we take that trust for granted and consistently don't meet our commitments, avoid difficult conversations, and fail to listen to opposing points of view, we damage our ability to trust globally. This will slow us down and make Runway a less fulfilling place to work.

    What's the price we're willing to pay to Trust by Default?

    Trust by default can result in us making mistakes, which may mean it will take longer to get to the right answer. Once trust is broken, it can be difficult to rebuild.

  • 🙇 High Standards, Low Egos

    High Standards, Low Egos means ...

    • Unreasonably High Standards Your standards for your work and your crewmates are so high that some may consider it unreasonable, and these standards continue to increase over time.
    • Humility and Self Awareness You don't believe you're better than anyone else. You treat others with respect, even when you disagree or think an idea is lousy. You work to persuade and influence rather than negate and block. You seek to improve yourself through reflection, self-awareness, feedback from others, and by recognizing your mistakes and opportunities for growth.
    • Putting the Team First You believe high quality work is not just created by you, but by a team. You believe that Runway is a team, not a family. Teams work together, have fun, collaborate, but are driven to win. Unlike families, teams acknowledge that they may need to change: players can come and go. While it can be challenging, we are all constantly seeking to build the best team.

    Why do we do this?

    We are transforming an incumbent market that hasn't changed in centuries. This is a mission of massive impact if successful, but it will be incredibly difficult to execute. Only by having the highest of standards for our crew and our processes will we have a chance at achieving our mission.

    We recognize that the quality of our products, the happiness of our customers, the success of our business, and ultimately our ability to make an impact on the world are all determined by the quality of our crewmates. This means we must have very high standards for each other and how we work together.

    At the same time, in order to accomplish ambitious things as our crew grows, we have to each put our mission and our crewmates ahead of ourselves. We actively seek to work with people who can do so, and that means we want to find people who drive our standards ever higher, and have low ego.

    What's the price we're willing to pay for High Standards, Low Egos?

    High standards challenges us to hire better, work harder, and to deliver better work to our customers and to each other. This can be stressful and make it slower to grow our team. These are short term pains and long term gains.

    Low ego challenges us to be self aware, work harder to understand each other, and to do the right thing for our product, business, and teammates. It can feel uncomfortable to be vulnerable and candid with our crewmates, even though learning from smart, talented people is one of the best ways to grow.

What will you be doing?

We're looking for a strong product operator to join Runway. In this role, you’ll:

  • Formulate Runway's long-term product vision, goals, metrics and strategy
  • Translate that strategy into concrete plans and objectives over the short and medium term.
  • Build a visionary roadmap, focus and iterate to success by saying no many more times than saying yes.
  • Collaborate with design and engineering to invent magical solutions for the most important customer problems.
  • Grow the team and design the product function at Runway —what it's responsible for, how it interfaces with other teams, and how it'll grow and develop over time.

Who are we looking for?

  • Product operator with 5+ years of experience shipping products users love—prioritizing ruthlessly and moving fast.
  • An individual who is customer obsessed, understands the value of focus, and knows that the product is always evolving
  • Someone who operates well in the unknown with demonstrated expertise driving long term product vision and strategy in highly technical fields
  • Cross-functional leader who gets an organization working together towards strategic objectives—especially with engineering, design, marketing, sales, and support.
  • Systems thinker with a deep understanding of how businesses operate and experience with complex business models.
  • A person who has a proven ability to make smart feature versus time-to-market trade-offs and define success as customer impact, not just a successful delivery of a feature

Bonus Points:

  • If you have a passion for the intersection of design and data.
  • If you've worked inside a company(s) that have undergone hyper-growth.

How do I apply?

If you’re interested in this role, apply through Lever (https://jobs.lever.co/runway./973ea86a-7f6d-45b2-8982-ad93b0a6bac8). 

Thank you for reading!

Runway Financial
Runway is a ground up rethink of the role of financial data inside modern businesses.
Size:  11-50 employees
Funding Level:  Early-stage Startup
Total Amount Raised:  4.5 M
Year Founded:  2020
Investors
Lightspeed Venture Partners
Andreessen Horowitz
Lenny Rachitsky