Builders Camp

Practice challenges

Product strategy case study exercise for product managers

This is Builders Camp's Product Strategy practical challenge: reconcile three founders' competing Series B strategies for a SaaS company under real financial pressure, then write the board ready recommendation. It runs about 90 minutes and is rated advanced.

What is the challenge scenario?

Venturer is a B2B SaaS platform that helps companies manage, pay and onboard freelance contractors: 4.2 million dollars in annual recurring revenue, 85 percent year over year growth, 180 customers, mostly mid market companies with 50 to 500 employees. The Series A closed 18 months ago. The board decides on the Series B in 14 days, and the founding team is split three ways.

The CEO wants to go upmarket to enterprise, pointing to three unsolicited enterprise leads this quarter and a deal size four times larger than today's average. The CTO wants to fix the foundation first, pointing to a 14 percent annual churn rate and an NPS of 31, with two thirds of departing customers citing broken payroll integrations. The Head of Sales wants to expand into a new vertical, marketing agencies, pointing to 12 inbound conversations this quarter and a projected 1.2 million dollars in new revenue within a year. All three are defending a real position with real data. All three also have a blind spot.

What are you asked to do?

For each of the three positions, name the core argument in one sentence, the strongest data point behind it, and the hidden assumption its owner is hoping nobody questions. Pick the position whose logic breaks down most under scrutiny, and be specific about the exact data or logic gap, not just a general disagreement. Write a board ready strategy memo that takes one clear direction, states what you are keeping from each of the other two positions, names what you are explicitly leaving behind, defines a single North Star metric for the next 12 months, and states the condition that would make you reverse the call in six months. Close by writing the opening slide of the board presentation: one headline sentence stated as a decision, three supporting bullets each tied to a specific number, and one line naming the main risk upfront.

What does a strong answer cover?

This bootcamp does not publish a rubric for its practical challenge, so check your own draft against the curriculum's own questions instead of a worked solution:

  • Does the answer name the strongest data point behind each position, not just a summary of what each person said?
  • Does it identify the specific assumption each side is hoping nobody questions, rather than a vague concern about risk?
  • Does the recommendation take one clear direction while stating what it keeps from the other two positions?
  • Does the North Star metric name a single number for the next 12 months, rather than a dashboard of several?
  • Does the board slide name a real risk upfront instead of implying the strategy has none?

Skills this exercise practises

Mapping competing strategic arguments to their strongest evidence, spotting the hidden assumption inside a confident position, synthesising across three viewpoints into one recommendation, and writing a board ready slide that names its own risk.

Which bootcamp does this challenge come from?

This is the practical challenge from Product Strategy, Builders Camp's two week bootcamp on making strategic choices you can defend, led by Andre Albuquerque across four 120 minute live sessions. Completing it counts toward that bootcamp's certificate. The product roadmap template guide helps once this exercise's recommendation needs to become an actual sequenced plan, and North Star metric examples supports the single number step in the memo. The product sense case study exercise elsewhere in this series practises the same discipline of committing to one defensible call under pressure.

Builders Camp runs live and self paced bootcamps in product management and AI product building. See the Product Strategy bootcamp for current cohort dates and the full self paced curriculum.

Bootcamps referred in this Guide

Frequently asked questions

Is Venturer a real company, or a constructed scenario?

Venturer, its revenue, growth rate and the three leaders' positions are a constructed scenario built to mirror a real Series B decision. The numbers are illustrative, written to make the trade offs concrete, not audited figures from a real company.

Why does each of the three positions in the scenario have a blind spot?

Because that is deliberate. The CEO's upmarket case ignores the CTO's churn data, the CTO's fix first case risks losing a real, unsolicited market signal, and the Head of Sales's new vertical case rests on an unstated conversion assumption. The exercise is built so no position survives unchallenged.

What does the exercise mean by synthesise across positions rather than picking a side?

The strongest strategy memos do not ignore the opposition, they absorb what is true in it. Your recommendation should take one clear direction while explicitly naming what you are keeping from the other two arguments and what you are leaving behind.

Why does the board slide need to name a risk upfront?

Because boards trust leaders who name risks more than leaders who imply there are none. The exercise asks for one line acknowledging the main risk as part of the opening slide, not buried later in an appendix.

How long does this practical challenge take?

Builders Camp lists it at 90 minutes and rates it advanced difficulty. Mapping all three positions honestly, including the strongest data point behind each one, is usually the slowest part before the memo gets easier to write.

Does completing this exercise count toward a certificate?

Yes. It is the practical challenge for the Product Strategy bootcamp, and submitting it counts toward that bootcamp's completion and its LinkedIn integrated certificate.

Sources

Written by

Andre Albuquerque

Andre Albuquerque

CEO of Builders Camp, SuperOperator, and other companies. Building products.

CEO of Builders Camp, SuperOperator, and other companies. Building products.

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Last updated 2026-09-16

Researched from Builders Camp's bootcamp, track and masterclass material and the sources listed on this page, drafted with AI, and fact-checked against every source cited.

See the Product Strategy bootcamp