How to win in the AI era: Ship a feature every week, embrace technical debt, ruthlessly cut scope, and create magic your competitors can't copy | Gaurav Misra (CEO and co-founder of Captions)

**Gaurav Misra** (0:00)
There's rarely a time like this where so much is possible. Even like five, seven years ago, it's so hard to start a company. Everything feels like it's done, someone else is working on it. Suddenly, it's a time right now, which I've never even experienced, where everything you try just works.

**Lenny Rachitsky** (0:14)
With people constantly hearing about all the things happening, is there any tools or processes or approaches you've figured out to help stay focused?

**Gaurav Misra** (0:21)
Our engineering goal is every engineer should ship a marketable product every week.

**Lenny Rachitsky** (0:27)
I love just how wild that sounds. How do you maintain quality and make it all cohesive?

**Gaurav Misra** (0:31)
I actually think as a startup, your job is to take on technical debt because that is how you operate faster than a bigger company. Bigger companies don't take on technical debt. They pay it usually right away or they're paying back technical debt from the days when they were a startup.

**Lenny Rachitsky** (0:45)
Is there anything else in how you operate and the way you build product that you think is really unique and interesting?

**Gaurav Misra** (0:50)
We have what we think of as the public roadmap. This is basically what people have asked us for. There's all these surface areas where we receive user feedback. But these are all features that every competitor knows about. If a user is asking us for it, they're asking everybody for it. It's not going to be a game changer in terms of winning against your competition. So we have a second roadmap which we think of as a secret roadmap.

**Lenny Rachitsky** (1:15)
Today, my guest is Gaurav Misra. Gaurav was an early employee at Snap, where he led the design engineering team, which he explains in the conversation. He's also an engineer at Microsoft and a couple other companies. Most recently, he's the co-founder and CEO of Captions, one of the most successful and cutting-edge consumer AI products, which lets you generate and edit talking videos with AI. They have over 10 million users and have raised over $100 million. In our conversation, we essentially do an archaeology of how a modern AI-oriented startup operates, including how every single engineer at their company ships a marketable product or feature every single week, why they have a secret roadmap in addition to a regular roadmap. We also get in-depth about how Snap as a product team operated, what he's learned about what it takes to build a successful consumer and social app, why they had no PMs, and how designers ran the show, which may or may not have been a great idea, and also what happens in a world where AI video is so good that you have no idea if it's real or not. This episode is for anyone that is building a product on top of AI. If you enjoy this podcast, don't forget to subscribe and follow it in your favorite podcasting app. And also, I just launched an insane deal for subscribers of my newsletter. Every yearly subscriber now gets a year free of Notion, Perplexity, Superhuman, Linear and Granola. Learn more at Lenny's newsletter.com. With that, I bring you Gaurav Misra. This episode is brought to you by Brex, the financial stack used by one in every three US venture backed startups. Brex knows that nearly 40% of startups fail because they run out of cash. So they built a banking experience that focuses on helping founders get more from every dollar. It's a stark difference from traditional banking options that leave a startup's cash sitting idle while chipping away at it with fees. To help founders protect cash and extend runway, Brex combined the best things about checking, treasury and FDIC insurance in one powerhouse account. You can send and receive money worldwide at lightning speed, you can get 20x the standard FDIC protection through program banks, and you can earn industry leading yield from your first dollar while still being able to access your funds anytime. To learn more, check out Brex at brex.com/bankingdashsolutions. That's brex.com/bankingsolutions.
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