# Product Manager — Marketplace [Letly](https://gurify.com/jobs?q=Letly) · London · Posted 2 days ago [Product Manager](https://gurify.com/jobs/product-manager) [Apply on the original posting → (opens in a new tab)](https://jobs.ashbyhq.com/letly/81ce565d-3141-4225-99dd-a2c9753a4829) ## Job description ### THE ROLE You'll own the marketplace that sits behind Letly's operations — AI-Native property management, vendor services, and embedded products — the product and the operation running on it. We don't sell software to this industry, we run the industry ourselves: every product decision you make lands in the most important asset our customers own — their home. We want someone who has grown a two-sided marketplace. This is a mid-to-senior hire. At mid you own a surface and ship it. At senior you own a surface others depend on — you set the product patterns, take the architecture-shaped calls with engineering, and raise the bar around you. ### WHAT YOU'LL OWN - AI-Native property management. The managed product itself — maintenance, compliance, renewals, inspections — run by AI agents with humans only handling the exceptions. - The vendor network. Supply on the services side: contractors, engineers, cleaners, inventory clerks, photographers. Onboarding, pricing, SLAs, quality controls, and the routing that picks the right one without a human in the middle. - Embedded products. Insurance, compliance certificates, referencing and utilities sold into the tenancy at the moment they're needed — attach rate, take-rate and the unit economics of each. - The operator console. The internal system the business is actually run on. Every hour of manual work you design out is margin — our north star is a property that autonomously runs itself. ### HOW WE WORK - You get your own answers — query the data, read the tickets, sit with ops, do the job manually once before you specify it. - You use AI across your own work: research, specs, prototypes, analysis. We expect a PM to operate AI-Natively and run product operations. - Weekly release cadence, decisions written down, evidence over opinion. ### WHAT WE'RE LOOKING FOR - 3+ years owning product end to end in a high-growth environment (more, for senior), including at least one thing you launched from zero. - Technical range: you can intelligently discuss system design, APIs, data models and failure modes, and engineers respect your judgement. - You do your own analysis — you're comfortable in the data and you prioritise on expected impact, not on who asked. - Operational literacy: you can design a process and a product together, and you know which of the two is the right fix. - AI-Native: you use models expertly, and you can specify an agentic product — scope, guardrails, evals and failure modes included. - Marketplace background: you've owned supply or demand in a two-sided marketplace — liquidity, matching, take-rate, and the quality controls that keep both sides coming back. - Senior: a track record of owning a surface others depended on, and of raising the standard of the people around you. ### NICE TO HAVE - Payments, lending, insurance or another regulated, money-moving domain. - First PM into a company, or a technical degree / having shipped code yourself. ### WHO DOES WELL HERE - You own the number, not the roadmap — the roadmap is a means to it. - You go to the operation — the answer is in the property, the job sheet and the tenant's ticket, not in the backlog. - You decide — with incomplete information, in writing, and you revisit when the evidence changes. - You compress — you'd rather delete a step than design a screen for it. ### WHY APPLY Letly is the AI-Native operating company built for the home. We believe the home will be autonomously run by AI and we're building the software that will run all rental properties end-to-end, starting with London (the world's 2nd largest rental city). You'll get to own the whole loop: build the software, run the operation on it, and watch the unit economics move. You own the output metric, not just the process. The domain is the largest financial relationship in most people's lives and for the first time in history, technology enables us to crack it. The surface you own will be one of the first parts of it to run itself. We've raised a $4m pre-seed from investors who've built the financial and operational infrastructure that moves billions and serves millions. They backed us because the home is the largest consumer asset where that infrastructure hasn't been built yet. You'll get competitive base pay, meaningful equity, and a small, high-agency team rebuilding an industry and growing at >100% month-over-month. We're hiring to facilitate this aggressive growth. **Live in Letly’s hiring system.** Read from the company's own applicant tracking system, not reposted from a job board — so it's a real, open requisition rather than an ad that outlived the role. 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We don\u0026#39;t sell software to this industry, we run the industry ourselves: every product decision you make lands in the most important asset our customers own \u2014 their home. We want someone who has grown a two-sided marketplace.\u003C/p\u003E\u003Cp\u003EThis is a mid-to-senior hire. At mid you own a surface and ship it. At senior you own a surface others depend on \u2014 you set the product patterns, take the architecture-shaped calls with engineering, and raise the bar around you.\u003C/p\u003E\u003Ch3\u003EWHAT YOU\u0026#39;LL OWN\u003C/h3\u003E\u003Cul\u003E\u003Cli\u003EAI-Native property management. The managed product itself \u2014 maintenance, compliance, renewals, inspections \u2014 run by AI agents with humans only handling the exceptions.\u003C/li\u003E\u003C/ul\u003E\u003Cul\u003E\u003Cli\u003EThe vendor network. Supply on the services side: contractors, engineers, cleaners, inventory clerks, photographers. Onboarding, pricing, SLAs, quality controls, and the routing that picks the right one without a human in the middle.\u003C/li\u003E\u003C/ul\u003E\u003Cul\u003E\u003Cli\u003EEmbedded products. Insurance, compliance certificates, referencing and utilities sold into the tenancy at the moment they\u0026#39;re needed \u2014 attach rate, take-rate and the unit economics of each.\u003C/li\u003E\u003C/ul\u003E\u003Cul\u003E\u003Cli\u003EThe operator console. The internal system the business is actually run on. Every hour of manual work you design out is margin \u2014 our north star is a property that autonomously runs itself.\u003C/li\u003E\u003C/ul\u003E\u003Ch3\u003EHOW WE WORK\u003C/h3\u003E\u003Cul\u003E\u003Cli\u003EYou get your own answers \u2014 query the data, read the tickets, sit with ops, do the job manually once before you specify it.\u003C/li\u003E\u003C/ul\u003E\u003Cul\u003E\u003Cli\u003EYou use AI across your own work: research, specs, prototypes, analysis. We expect a PM to operate AI-Natively and run product operations.\u003C/li\u003E\u003C/ul\u003E\u003Cul\u003E\u003Cli\u003EWeekly release cadence, decisions written down, evidence over opinion.\u003C/li\u003E\u003C/ul\u003E\u003Ch3\u003EWHAT WE\u0026#39;RE LOOKING FOR\u003C/h3\u003E\u003Cul\u003E\u003Cli\u003E3\u002B years owning product end to end in a high-growth environment (more, for senior), including at least one thing you launched from zero.\u003C/li\u003E\u003C/ul\u003E\u003Cul\u003E\u003Cli\u003ETechnical range: you can intelligently discuss system design, APIs, data models and failure modes, and engineers respect your judgement.\u003C/li\u003E\u003C/ul\u003E\u003Cul\u003E\u003Cli\u003EYou do your own analysis \u2014 you\u0026#39;re comfortable in the data and you prioritise on expected impact, not on who asked.\u003C/li\u003E\u003C/ul\u003E\u003Cul\u003E\u003Cli\u003EOperational literacy: you can design a process and a product together, and you know which of the two is the right fix.\u003C/li\u003E\u003C/ul\u003E\u003Cul\u003E\u003Cli\u003EAI-Native: you use models expertly, and you can specify an agentic product \u2014 scope, guardrails, evals and failure modes included.\u003C/li\u003E\u003C/ul\u003E\u003Cul\u003E\u003Cli\u003EMarketplace background: you\u0026#39;ve owned supply or demand in a two-sided marketplace \u2014 liquidity, matching, take-rate, and the quality controls that keep both sides coming back.\u003C/li\u003E\u003C/ul\u003E\u003Cul\u003E\u003Cli\u003ESenior: a track record of owning a surface others depended on, and of raising the standard of the people around you.\u003C/li\u003E\u003C/ul\u003E\u003Ch3\u003ENICE TO HAVE\u003C/h3\u003E\u003Cul\u003E\u003Cli\u003EPayments, lending, insurance or another regulated, money-moving domain.\u003C/li\u003E\u003C/ul\u003E\u003Cul\u003E\u003Cli\u003EFirst PM into a company, or a technical degree / having shipped code yourself.\u003C/li\u003E\u003C/ul\u003E\u003Ch3\u003EWHO DOES WELL HERE\u003C/h3\u003E\u003Cul\u003E\u003Cli\u003EYou own the number, not the roadmap \u2014 the roadmap is a means to it.\u003C/li\u003E\u003C/ul\u003E\u003Cul\u003E\u003Cli\u003EYou go to the operation \u2014 the answer is in the property, the job sheet and the tenant\u0026#39;s ticket, not in the backlog.\u003C/li\u003E\u003C/ul\u003E\u003Cul\u003E\u003Cli\u003EYou decide \u2014 with incomplete information, in writing, and you revisit when the evidence changes.\u003C/li\u003E\u003C/ul\u003E\u003Cul\u003E\u003Cli\u003EYou compress \u2014 you\u0026#39;d rather delete a step than design a screen for it.\u003C/li\u003E\u003C/ul\u003E\u003Ch3\u003EWHY APPLY\u003C/h3\u003E\u003Cp\u003ELetly is the AI-Native operating company built for the home. We believe the home will be autonomously run by AI and we\u0026#39;re building the software that will run all rental properties end-to-end, starting with London (the world\u0026#39;s 2nd largest rental city).\u003C/p\u003E\u003Cp\u003EYou\u0026#39;ll get to own the whole loop: build the software, run the operation on it, and watch the unit economics move. You own the output metric, not just the process. The domain is the largest financial relationship in most people\u0026#39;s lives and for the first time in history, technology enables us to crack it. The surface you own will be one of the first parts of it to run itself.\u003C/p\u003E\u003Cp\u003EWe\u0026#39;ve raised a $4m pre-seed from investors who\u0026#39;ve built the financial and operational infrastructure that moves billions and serves millions. They backed us because the home is the largest consumer asset where that infrastructure hasn\u0026#39;t been built yet. You\u0026#39;ll get competitive base pay, meaningful equity, and a small, high-agency team rebuilding an industry and growing at \u0026gt;100% month-over-month. 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