Product Manager, Whatnot

Payments

$153-235k

+ Stock options

Senior and Expert level
Remote from US
Whatnot

Live stream platform & marketplace for collectibles

Job no longer available

Whatnot

Live stream platform & marketplace for collectibles

501-1000 employees

B2CMarketplaceToysSocialSocial MediaConsumer Goods

Job no longer available

$153-235k

+ Stock options

Senior and Expert level
Remote from US

501-1000 employees

B2CMarketplaceToysSocialSocial MediaConsumer Goods

Company mission

Whatnot missions is to enable anyone to turn their passion into a business and bring people together through commerce.

Role

Who you are

  • As our next Payments & Logistics Product Manager you should have 5+ years work and 3+ years product management experience, plus:
  • Startup experience
  • Comfort working exceptionally fast in an ambiguous work environment
  • Strong product intuition and design sense
  • Proven track record of using data, user feedback and intuition to drive sound product decisions
  • Able to ruthlessly prioritize the most impactful work
  • You know that product decisions don't end and begin with data and a/b tests

What the job involves

  • Own roadmap, product strategy and execution of entire payment flows from user experience, to vendor integrations, to in house infrastructure. Last year we moved >$150m through these pipelines and shipped millions of products to users and this year we are aiming to 10x those numbers
  • Partner with internal and external stakeholders across operations, tax and legal on all payment products
  • Define product requirements & work with engineering, design and broader team to bring our roadmap to market at lightning speed
  • Drive critical areas of the business like increased payment options, payment scale & reliability, and fraud mitigation
  • Clearly communicate roadmap, progress, and insights to key teams and stakeholders
  • Do whatever it takes to ensure the engineering team is operating effectively, unblock them and make sure they can move at a rapid pace
  • Take ownership of any major blocker to the company’s success
  • Drive strategic initiatives across the company as needed

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Insights

Top investors

54% employee growth in 12 months

Company

Company benefits

  • Wellness: Health, dental, vision, and life insurance plans. We also cover some of the cost for your dependents as well.
  • Compensation: Full-time Whatnauts receive equity, a WFH stipend to support your remote workspace and a monthly stipend to dogfood the app.
  • Recharge: Flexible Time Off policy, holiday week off at the end of year, and paid parental leave after 1 year with us.
  • Flexibility: Remote-first work culture. We provide a working environment where you're in charge of your time and schedule.

Funding (last 2 of 7 rounds)

Jan 2025

$265m

SERIES E

Jul 2022

$260m

SERIES D

Total funding: $749.2m

Our take

The collectible toy market is large, and Whatnot has built a unique social platform that enables sellers to use livestreams to showcase their products and reach more buyers. The company’s focus is on collectible toys, some of which are rare and can cost thousands of dollars, and has also expanded to sports cards.

The idea of Whatnot was led by buyer trends. Instagram's live feature became a popular place for selling toys and trading cards, but of course was not set up to facilitate bidding or handling payments after a sale occurs. Whatnot combines live showcasing with follow-up sale capabilities, thus serving the community in a more novel way than established collectibles market players such as eBay.

The company has grown fast. It was established in 2019 and has already expanded from its original category - Funko Pop figurines - to Pokemon cards, pins, sports cards, and many more. There is still plenty of scope for expanding into new categories, as the company aims to establish itself as the go-to for this large niche, which will be facilitated by the strong levels of funding that Whatnot has raised.

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Steph

Company Specialist at Welcome to the Jungle