The Product Experience

The document that can replace PRDs — Rags Vadali (Founder & CEO, floto.ai)

April 15, 2026·42 min
Episode Description from the Publisher

What does product management look like when your engineers aren't writing code? Rags Vadali, founder of Floto and former PM at Google and Meta, joins Lily and Randy to talk about how building AI-native products has completely inverted his process. No PRDs, prototypes before specs, and a new artefact at the centre of it all: the Product Experience Document (PXD). They get into why the real product when you're building an agent is the experience layer on top of it, how synthetic personas work ...

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