Product in Practice

Elena Verna: Why PMs who can't build will get left behind


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Elena Verna is Head of Growth at Lovable, one of the fastest-growing AI-native companies. She's previously held growth and product leadership roles at Dropbox, Miro, Amplitude, and SurveyMonkey, where she built some of the most influential frameworks in product-led growth.


We discuss

  • The shift from "product manager" to "product builder" and why interviews now require working prototypes
  • Automating Growth 101 work so you can focus on creative strategy
  • The collapse of the talent stack: how roles in product, design, and engineering are blurring
  • Three things that won't change: customer interaction, vision setting, and understanding distribution
  • The "superpower framework" for career-accelerating decisions


Key takeaways

  • PMs who can't build are becoming obsolete. The shift isn't theoretical or five years away. Top tech companies are already changing their interview processes to require functional prototypes instead of case studies. If you can't translate your product thinking into something tangible, you're competing with one hand behind your back.
  • Automate Growth 101, then invest the freed-up time in creative strategy. The repetitive mechanics of growth marketing (A/B tests, funnel analysis, campaign setup) are increasingly automatable with AI. Elena argues that the PMs who thrive will be the ones redirecting that time toward the harder, more creative work that machines can't do yet.
  • The talent stack is collapsing, and that's exciting. Boundaries between product, design, and engineering are blurring as AI gives individuals more autonomy across disciplines. Elena sees this as liberating rather than threatening. The PMs who embrace building, not just specifying, can move faster and validate ideas without waiting for a team to assemble.
  • Three foundations won't change, no matter how good AI gets. Customer interaction, vision setting, and understanding distribution remain irreplaceably human. AI can accelerate execution, but it can't replace the judgment that comes from sitting with customers, setting a compelling direction, or knowing how your product actually reaches people.
  • Your superpower lives at the intersection of what you're good at and what you love. Elena's career accelerated when she stopped trying to be well-rounded and started leaning into product-led growth as her defining skill. Find that intersection, then make career moves that compound on it rather than scattering your energy across unrelated opportunities.


Chapters

00:00: Introduction and highlights

01:13: Welcome and the current state of tech

02:10: Why Elena joined Lovable and automating Growth 101

05:36: The shift from product managers to product builders

08:39: Advising growth-stage companies on AI adoption

11:56: Fostering AI fluency and bottom-up adoption

14:54: Raising AI fluency at scale beyond checkbox exercises

17:38: The collapse of the talent stack: product, design, and engineering blur

20:42: Critical skills for the AI era PM

24:16: Three things that won't change: customers, vision, and distribution

28:20: Demo: Building a nonprofit offering spec and prototype with ChatGPT and Lovable

47:01: Lightning round: podcasts and Substacks

49:22: Career-accelerating decisions and the superpower framework

52:00: Desert island favourites and closing


#productmanagement #PM #atlassian


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Product in PracticeBy Atlassian