Spotify Data Scientist Business Case Interview

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  • Опубликовано: 2 авг 2024
  • Today's guest is our IQ coach Chinmaya, an AI/ML product manager at Microsoft. We'll go through a business case question asked by Spotify and talk about how we could measure the impact on the customer lifetime value if the company enters the podcast space and other metrics that would be relevant.
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    00:00 - Question
    00:16 - Clarifying questions & assumptions
    12:54 - Metrics to analyze the decision
    13:40 - Quantify decision making
    16:09 - Value/Risk Matrix
    23:36 - Paying for exclusive content
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Комментарии • 12

  • @luckytraderchow
    @luckytraderchow 2 года назад +20

    This interviewee really has a lot of knowledge in product and business development, however, he did not get Jay's hint to quantify those impacts 😂 My approach: 1. let it run some time for a small portion of people to see if some key metrics change (ie. spent hours as key indicator for retention measurement) 2. a/b test, and select some key metrics as comparisons, it provides more accurate results. Not sure if I am on the right track?

    • @edj9y
      @edj9y Год назад +3

      I think the one place where this may fall short is that Jay specifically talked about the fact that they don't have a podcast portion of their platform, and would need to allocate many engineers for a good portion of time to build it out. Maybe the answer then is just add a Step 0 on your approach and build a lightweight podcast interface?

  • @libravarun
    @libravarun 2 года назад +17

    I am yet to see a company where a data scientist is doing this. This is a classic product manager case…

    • @iqjayfeng
      @iqjayfeng  2 года назад +7

      PMs are sometimes hired under the guise of “data scientist”

    • @annxiao7721
      @annxiao7721 10 месяцев назад

      Sounds like the FB model

  • @xiaobozhao3380
    @xiaobozhao3380 2 года назад +2

    amazing content, please post more!

  • @user-random-name-15011B
    @user-random-name-15011B Год назад +1

    I feel this is more like an awesome product job interview, but ds product interview. However it provides a different perspective for me as a DS, thanks!

  • @andreaabeliano4482
    @andreaabeliano4482 Год назад +1

    Where is the data science in the answer? Personally I would have tried to come up with ideas to estimate cross-selling from current subscribers to podcast propositions. Using somehow the customer data available plus some external data possibly (similar interest/etc...). Or design a marketing survey on current customers, giving an idea how much data would be needed to infer something on the whole customer population.

    • @iqjayfeng
      @iqjayfeng  Год назад +1

      It's a data-driven answer which works for most data science positions

  • @milovacdesign
    @milovacdesign 2 года назад +6

    He would have failed if this was an actual interview.

  • @sandrahu7122
    @sandrahu7122 11 месяцев назад +1

    Can the interviewer summarize the ideal answer at the end. Honestly speaking, the whole dialogue is not organized. The logic is random. I think you can answer the question by some assumptions

  • @sunset6109
    @sunset6109 8 месяцев назад

    Is this even a data science interview ?