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How to Become a PM with No Experience - by Aakash Gupta

news.aakashg.com · 1,404 words · saved by 1 readers

The ‘big thing’ in tech this week was that 75% of Reddit went dark to protest increases to its API pricing. Something like that had never happened before. As of this writing, the percentage has dropped to approximately 25.4% and continues to decrease: The protests had only organized to go dark for 48 hours! So one quarter still being dark is a lot. What happened? Leaked e-mails and defiant interviews from Reddit CEO Steve Huffman further incensed the protesting moderators. Nevertheless, Reddit doesn’t seem likely to budge from its price increases. Both Facebook and Twitter have massively damaged companies built on their APIs: Facebook nerfed Zynga and Farmville. It took years for the company to recover. Twitter fully killed Tweetdeck. These were widely used third-party apps. People were upset at the time. But, ultimately, the winds blew over. Reddit is following in Facebook and Twitter’s footsteps. It’s likely that Apollo and Reddit Is Fun still both shut down at the end of this month.

Want to learn how to become a product manager without experience? This can be an excellent career path given how well product management pays. At the “top tier” (like FAANG), total compensation is much higher than most realize. Nikhyl Singhal, VP at Facebook, shared these mind-blowing stats: The high end of companies pay 10x! In India or the Philippines, a PM at a startup will earn $10-$50K. That’s 1/10th of these top-tier firms, where they earn $100-$500K. Even in the US, there are entry level PMs who earn $80K and are happy they work at a cool startup. But similarly tenured PMs at…

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