The state of Product in Europe vs US | Elias Lieberich

March 25, 2026 at 11:55 AM
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The Product Experience

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Product Management in Europe: Closing the Gap | The Product Experience

In this episode, Elias Lieberich, founder of Product Matters, joins hosts Lilly Smith and Randy Silver to unpack what really separates product practice in European companies from the Silicon Valley model — and what it actually takes to close that gap from the inside.

Drawing on his journey from Google analyst to YouTube monetisation PM to Google X, and now back in Germany working with everything from deep tech startups to German Mittelstand corporations, Elias identifies three consistent gaps he sees in European organisations: a process obsession that prizes predictability over learning, a lack of validation that means many teams — especially in deep tech — are building PhD theses rather than products, and an underappreciation of engineering and design as strategic functions rather than service centres.

But the episode is less a critique than a practical guide. Elias's core philosophy — "show, don't tell" — runs through everything: rather than selling a product religion or copy-pasting Google's operating model, the real lever is finding one concrete moment of immediate value and letting the evidence do the persuading. That might be inviting a single user to complete tasks in front of the team, or surfacing a Reddit thread that reveals how customers actually make buying decisions.

The conversation also digs into what Europe does genuinely well — world-class deep tech IP, strong education, and a more people-centred approach to change — and why the killer question for any product team, startup or enterprise alike, is still the simplest one: "Who is this for?"

Chapters

00:00
Introduction & the product management gap between Europe and Silicon Valley
01:17
Meet Elias Lieberich: from economist to Google, YouTube and Google X
03:44
Product Matters: working with European companies of every size
04:35
Is Silicon Valley "easy mode"? Challenging the perception
07:09
Three key European gaps: process obsession, lack of validation, engineering appreciation
09:05
Deep tech and the PhD thesis problem
12:04
"Can we have some of that Google magic pixie dust?"
12:31
Show, don't tell: finding one thing with immediate impact
15:37
Bringing people on the journey without threatening them
16:02
Company-wide talks and raising product awareness across functions
17:36
The listening tour: how PMs earn influence before they spend it
19:30
Case study: transforming a traditional German Mittelstand company
23:34
Going brick by brick: sustainable change without the fanfare
25:02
Roadmaps, frameworks, and meeting companies where they are
29:29
Change aversion is a bell curve: working with human nature, not against it
31:02
What Europe does well: deep tech, education, and people-first culture
33:13
Working with deep tech startups: the Decentric case study
36:18
Why product is the #1 reason deep tech startups fail
38:24
The killer question: "Who is this for?"
40:25
What you can do tomorrow: find what's within your control and start
42:53
Closing reflections

Key Takeaways

It's never about rainbows and unicorns — it's about getting a little bit better. The goal of any product transformation isn't to copy-paste a Silicon Valley model; it's to find one real thing you can improve, immediately, and compound from there.

Three gaps define European product practice. Process obsession (prioritising predictability over learning), a lack of market validation (building technology before confirming who'll pay for it), and an underappreciation of engineering and design as strategic functions — these are the consistent deltas Elias finds when he walks into a European company.

Show, don't tell. Trying to sell the idea of product management before you have evidence rarely works. Find one concrete example — a user who can't complete a task, a Reddit thread that reveals how customers make buying decisions — and let the insight do the persuading.

PMs earn influence; they're not given it. Running a listening tour — getting to know engineers, salespeople, and marketers personally before making any product moves — is how you build the trust and permission needed to actually drive change.

Change aversion is a bell curve. Most people need to see something working and proven before they'll engage. Sustainable transformation is built from small, steady drips of visible progress — not from ripping off the bandaid and announcing that everything is different now.

Deep tech in Europe has world-class IP but often lacks product discipline. Many deep tech startups are building their PhD thesis — great technology with no clear use case. Product work that begins with "who is this for?" is what unlocks the commercial potential of that research.

Europe's people-centred approach to change can be a genuine advantage. The slower, "take people with you" style of transformation — training existing personnel rather than replacing them — builds more durable organisational change than high-speed, high-churn models.

Focus on what's within your control and start today. Rather than listing everything that's dysfunctional, find the one thing you can do without permission — invite a user, find a piece of publicly available insight — and do that. The evidence will open the next door.

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