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Product leader

Konstantin Khalyushev

17+ years in technology · 11+ years in product

I find the constraint holding a product back, and build the system that removes it.

I have led search and recommendation products inside a 45M+ MAU media ecosystem, rebuilt monetization and international growth for a B2C mobile portfolio, and turned around an AI marketplace. Today I work close to the product: prototyping, building early versions myself, and validating with real users before committing an engineering cycle.

01

Evidence

Every number below belongs to the company it sits under.

Three constraints, three systems built to remove them.

HyperSpace

AI marketplace · product turnaround · CPO, 2024–present

Retention was weak and delivery was unpredictable, so no roadmap could be trusted to reach users.

retention curve AUC
13% → 26%
1

Ray / ReactivePhone

B2C mobile EdTech portfolio · PM to CPO, 2019–2022

Growth was capped by a mobile-only self-image and a pricing and positioning model built for a single market.

downloads
18M+
conversion, Poland
~12×
ARPU, year over year
~5×
company revenue
~2×
2

Rambler&Co

Search & recommendations in a 45M+ MAU media ecosystem · 2013–2017

Search monetization and recommendation quality were limiting revenue and engagement across the ecosystem.

search revenue, YoY
+95%
recommendation CTR
2.5×
page depth
SERP conversion
+30%
3
02

Ways to work together

Two ways in. Same person, different level of involvement.

01

Join a team

I have held CPO and founder titles. I am deliberately looking for work closer to the product, the users and the execution — not further from it.

  • Senior and Lead Product roles
  • Senior hands-on IC product work
  • AI, growth and B2C product teams
See my career
02

Work with me

For teams that need senior product judgment without adding a full-time executive, or that want an outside read on where the real constraint is.

  • Fractional product leadership
  • Part-time senior product work
  • Advisory and selected consulting
See how I can help

Second opinion

Would I actually be useful to you?

Do not take my word for it. Give my site to the AI that already knows your context, and ask it.

Grok, Gemini and DeepSeek can't take a prompt from a link. Those three copy it to your clipboard and open a new chat — paste it there.

Show the prompt
The prompt
I am considering talking to Konstantin Khalyushev about a product problem.

Based on what you know about my work, company, product, team and current priorities, and the information available on his website, assess whether talking to him would actually be useful.

Please:
1. identify which of my current problems he is likely to be useful for;
2. explain where his experience appears particularly relevant;
3. identify where he is probably not the right person;
4. suggest what I should ask him if we talk;
5. assess whether a one-off consultation, a longer advisory engagement, or neither seems appropriate.

Be critical. Do not recommend him just because I asked. If there is not enough evidence that his experience is relevant to my situation, say so.

His website:
https://khalyushev.com/en

Your conversation stays between you and your assistant. I never see it.

How I work now

I build the first version myself.

Over the last few years my work has moved closer to implementation. The reason is speed of learning: a working prototype answers questions that a document cannot, and it answers them before a team commits a full engineering cycle.

01Rapid prototyping
Building an early working version to test the idea against real behaviour rather than opinion.
02AI coding agents
Using coding agents to move from a product hypothesis to something runnable in hours.
03LLM APIs and RAG
Designing and wiring retrieval and generation directly, so the product constraints are understood first-hand.
04Evaluations
Building evals so AI quality is measured against real tasks instead of demo impressions.

This is where my founder projects come from — they are the practice, not a side career.

03

Projects

Three cases with company-scale outcomes, plus the products I have built myself.

Selected professional work.

01

Chief Product Officer

September 2024 — September 2025

HyperSpace

Turning around an AI marketplace whose roadmap could not reach users.

Constraint
Weak retention and unpredictable delivery
Outcome
Retention curve AUC 13% → 26%
Read the case
02

Product Manager → Chief Product Officer

March 2019 — June 2022

Ray / ReactivePhone

Breaking a mobile-only company out of a single-market growth ceiling.

Constraint
A mobile-only self-image and single-market pricing
Outcome
~12× conversion in Poland · ARPU ~5× YoY
Read the case
03

Product Manager · Search and Recommendation leadership

December 2013 — September 2017

Rambler&Co — Search and Recommendations

Search monetization and recommendation quality inside a 45M+ MAU media ecosystem.

Constraint
Search monetization and recommendation quality
Outcome
+95% search revenue YoY · 2.5× recommendation CTR
Read the case

Personal and founder projects

Founder and product lead

  • AI
  • LLMs
  • Marketplaces
  • Business analytics

An AI assistant over marketplace seller business data.

What exists today

  • In active development as a founder-led product.
  • Product scope is defined around specific seller jobs rather than general analytics.
  • AI-powered web and mobile applications are built and running.
  • Automated marketplace data collection and interpretation workflows are in place.
  • First pilot customer signed and onboarded.

Founder and Chief Product Officer

June 2023 — September 2024

  • EdTech
  • iOS
  • Music learning
  • Gamification
  • Monetization

An iOS music-learning product built from zero and shipped in about a month.

MVP shipped in ~1 month

Founder and product builder

  • Small business
  • Local-first
  • SEO
  • Argentina

Local-first browser tools for Argentine small businesses.

What exists today

  • A working set of browser-based tools, built hands-on with AI-assisted development.
  • Local-in-browser processing where the workflow involves sensitive data.
  • No usage figures to report — this is a small, self-built project.
All projects

Get in touch

Send a message and it reaches me directly. I read everything that is specific.