The Field/Books
The Cold Start Problem
Take My Money

The Cold Start Problem

Andrew Chen
Ranked #3 of 9 in Books · Reviewed June 2026
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Take My Money A solid pick. An easy recommendation with no asterisks.

Chen ran rider growth at Uber before becoming an investor, so the behind-the-scenes stuff isn't theory, it's first-hand. The book's a framework for how networked products (Uber, Tinder, Airbnb, Dropbox) get off the ground when a new app is a ghost town nobody wants to be the first one in. The Uber and Tinder chapters are the ones that stuck with me. Uber spent hundreds of millions just paying drivers to refer other drivers. The lengths these companies go to to get those first users are genuinely wild.

The part that's stuck with me longest is the "unbundling of Craigslist," how Airbnb, Indeed, StubHub, and others each took one buried category out of Craigslist and built a whole company around it. It reframed how I think about acting on an idea: you don't have to invent the whole thing, you find the one overlooked slice nobody's serving well and own it.

What I didn't expect was how much it reframed creativity for me. We don't usually think of growth or operations as creative work, but the problem-solving here is exactly that, and it's the kind of creativity most people never see or credit. If you work anywhere near building something, it'll change how you look at your own job.

Coverage has a shelf life. Top picks get revisited yearly, so this ranking reflects where things stand today.