How to find hidden growth opportunities in your product | Albert Cheng (Duolingo, Grammarly, Chess.com)

In this episode of Lenny's Podcast, host Lenny interviews Albert Cheng, a growth expert who has worked at Duolingo, Grammarly, and Chess.com, about strategies for identifying growth opportunities. Cheng introduces the "explore and exploit" framework, emphasizing the importance of consistent experimentation and learning from both successful and unsuccessful experiments. He shares specific examples from his experiences, such as a monetization win at Grammarly and habit formation tactics at Duolingo and Chess.com. The conversation also covers how AI is changing the product development and growth landscape, the significance of user retention for consumer subscription products, and the value of brand and community in growth work. Cheng also touches on team building, highlighting the importance of hiring individuals with high agency and adaptability.