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cover of episode Fidji Simo - Creating Delightful Consumer Experiences - [Invest Like the Best, CLASSICS]

Fidji Simo - Creating Delightful Consumer Experiences - [Invest Like the Best, CLASSICS]

2025/5/30
logo of podcast Invest Like the Best with Patrick O'Shaughnessy

Invest Like the Best with Patrick O'Shaughnessy

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Fidji Simo: 我在Facebook的经历教会了我如何将长期愿景与短期卓越执行相结合,以及如何打造伟大的消费者产品。然而,Instacart的业务模式与Facebook截然不同,它有更多的约束条件,需要更注重细节和盈利能力。我认为约束条件有时能创造更好的业务和运营,提高人才和执行的标准。在Facebook,我学会了理解消费者真正想要的东西,以及理解潜在的需求,并基于用户已在使用但产品并非为此设计的行为,来开发更大的产品。在Instacart,这意味着理解人们已经在尝试做什么,并围绕这些需求构建产品体验。Instacart已经在很多方面使用AI,例如搜索、商品替换推荐和连接购物者到合适的商店。独特的数据和易于输入模型的数据是利用新技术的基础。生成式AI的最大变化是转向自然语言,这使得在线购物体验更贴近人们的思考方式。理想情况下,引擎可以根据用户的预算、家庭成员和饮食偏好推荐膳食,并一键将所有食材添加到购物车。要真正拥抱AI的转变,需要思考如何以AI原生方式解决公司试图解决的问题。AI将使软件开发变得容易,所以公司应该专注于做困难的事情,创造更深层次的技术。Instacart是数字世界和物理世界之间独特的翻译层,它连接了80,000家商店和1,100家零售商,能够将你烹饪晚餐的意图转化为在两小时内送达你家门口的产品,因为即使在AI时代,物理世界仍然很难导航。将已完成的困难事情与AI的魔力相结合,可以创造真正令人惊叹的体验。

Deep Dive

Chapters
Fidji Simo shares her experiences transitioning from Facebook to Instacart, highlighting the stark cultural differences between the two companies. She emphasizes the importance of attention to detail and strong unit economics at Instacart, contrasting it with Facebook's broader focus. This transition also forms a foundation for discussing her approach to creating delightful consumer products.
  • Cultural contrast between Facebook and Instacart regarding focus on details and profitability
  • Importance of strong unit economics
  • Lessons learned in building great consumer products at Facebook

Shownotes Transcript

Welcome to this classic episode. Classics are my favorite episodes from the past 10 years, published once a month. These are N of 1 conversations with N of 1 people. In the midst of her transition to OpenAI, we are spotlighting the force that is Fidji Simo). She is the former CEO of Instacart and grew up in a small town in the South of France and was the first person in her family to graduate from high school. Since then, she has had a dazzling career with stops at France’s leading university, eBay, and Facebook. Fidji spent the better part of a decade at Facebook where she led the Facebook App before joining the online grocery platform, Instacart, in mid 2021. We talk about Fidji’s consumer product experiences, Instacart’s role within the grocery ecosystem, and delve into her personal philosophy on leadership. Please enjoy this wide-ranging discussion with Fidji Simo.

For the full show notes, transcript, and links to mentioned content, check out the episode page here).

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Invest Like the Best is a property of Colossus, LLC. For more episodes of Invest Like the Best, visit joincolossus.com/episodes). 

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Follow us on Twitter: @patrick_oshag) | @JoinColossus)

Show Notes

(00:00:00) Welcome to Invest Like the Best

(00:03:51) Comparing her experiences with Facebook and Instacart

(00:06:22) The dimensionality of creating great consumer products online

(00:07:50) How Instacart uses AI now and her advice to other companies who are ready to incorporate AI into their business

(00:15:41) What being a pragmatic technologist means to her

(00:18:02) Influences in younger years that led to her career path in technology

(00:21:00) The landscape Instacart seeks to build and how major key players within the industry are involved

(00:27:09) Data algorithms and their role in helping consumers

(00:29:24) Scale around the original core business

(00:32:12) The functional difference between Instacart shoppers and delivery drivers 

(00:34:59) Issues with fully automated grocery store facilities

(00:37:32) Insight into working with brands and consumer brand loyalty 

(00:43:16) Her vision for the future of Instacart

(00:46:58) The possibility of becoming the major software platform for most retailers

(00:49:34) Her principles for capital allocation

(00:52:34) Common misperceptions about Instacart from prospective investors

(00:54:21) Her philosophy of seeing the magic in team members

(00:56:46) Expanding knowledge while managing a complex business environment  

(01:01:01) When she felt the most helpless in her career

(01:03:46) Insight into generative AI and how it could shape the online grocery experience

(01:08:00) The role of content and its importance for businesses like Instacart

(01:11:10) The future of AI personalities and customizing your shopping experience

(01:12:35) The kindest thing anyone has ever done for her