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Evan Sharp, the founder of Pinterest, is such a unique founder. Constant curiosity mixed with the ability to go deeper on a problem than most people ever would. At the same time, despite leading/founding a $20B+ company, I think many designers can see themselves in him...

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Ben Blumenrose

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20,453 görüntüleme • 11 ay önce •via X (Twitter)

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"80% of the culture of a company is defined by the personality of the founder. Facebook is Mark. Google is Larry and Sergey. Our job as leaders around founders is to help articulate the culture that they're creating, and to help extend it. Your job is to build a company that would make a decision the way the founder would when they're not in the room. That is the work of building a company around a founder. Your job is not to shape culture. I've seen and watched friends like try to shape a set of values at a company, and it just doesn't match who the founder is. You say move fast and break things, and your founder loves ambiguity and is perfectly happy with not making decisions—all that leads to is cultural dissonance." — Molly Graham
0:48

"80% of the culture of a company is defined by the personality of the founder. Facebook is Mark. Google is Larry and Sergey. Our job as leaders around founders is to help articulate the culture that they're creating, and to help extend it. Your job is to build a company that would make a decision the way the founder would when they're not in the room. That is the work of building a company around a founder. Your job is not to shape culture. I've seen and watched friends like try to shape a set of values at a company, and it just doesn't match who the founder is. You say move fast and break things, and your founder loves ambiguity and is perfectly happy with not making decisions—all that leads to is cultural dissonance." — Molly Graham

Lenny Rachitsky

19,601 görüntüleme • 7 ay önce

Peter Thiel on the question he asks every startup founder he invests in “Why will the 20th talented person join your company when they can get paid way more at Google, they will have to work way less hard at Google, and it will look better on their resume to go to Google?” The 20th employee won’t get the equity or prestige that someone on the founding team will get, so there needs to be another incentive if you’re going to build a truly great company and attract the best people in the world. Thiel believes the best answer is something along the lines of: “This is the only place in the world where you can work on this incredibly important problem.” He continues: “It has to—on some dimension—be a really important problem that at least some people think is the most important problem in the world. Those are the kind of businesses that are unique, and when they work, they end up being leaders in their respective markets.” If it’s a problem that a bunch of other team are working on, it will be hard to attract a truly world-class employee #20.
1:21

Peter Thiel on the question he asks every startup founder he invests in “Why will the 20th talented person join your company when they can get paid way more at Google, they will have to work way less hard at Google, and it will look better on their resume to go to Google?” The 20th employee won’t get the equity or prestige that someone on the founding team will get, so there needs to be another incentive if you’re going to build a truly great company and attract the best people in the world. Thiel believes the best answer is something along the lines of: “This is the only place in the world where you can work on this incredibly important problem.” He continues: “It has to—on some dimension—be a really important problem that at least some people think is the most important problem in the world. Those are the kind of businesses that are unique, and when they work, they end up being leaders in their respective markets.” If it’s a problem that a bunch of other team are working on, it will be hard to attract a truly world-class employee #20.

Startup Archive

316,188 görüntüleme • 11 ay önce

Ashim Egunjobi, Co-founder of Octerra Capital, a Venture Capital firm, explains what her company considers before investing in a start up. They look at the Founder Risk. The founder must have the grit, conviction and understanding to solve the problem. Second thing is Business Model. And finally Market Risk.
2:59

Ashim Egunjobi, Co-founder of Octerra Capital, a Venture Capital firm, explains what her company considers before investing in a start up. They look at the Founder Risk. The founder must have the grit, conviction and understanding to solve the problem. Second thing is Business Model. And finally Market Risk.

Tuchel

116,459 görüntüleme • 24 gün önce

Most people think starting a company without a co-founder is a bad idea. We believe the opposite: solo founding will be the default way great companies get started. Applications are now open for the Solo Founders Program. 3 months in SF: "solo, together" + 1:1 support + $100K
1:07

Most people think starting a company without a co-founder is a bad idea. We believe the opposite: solo founding will be the default way great companies get started. Applications are now open for the Solo Founders Program. 3 months in SF: "solo, together" + 1:1 support + $100K

weisser

214,026 görüntüleme • 14 gün önce

Peter Thiel: Why will the 20th employee join your company? When deciding whether or not to invest in a founder, Thiel asks: “Why will the 20th talented person join your company when they can get paid way more at Google, they will have to work way less hard at Google, and it will look better on their resume to go to Google?” The 20th employee won’t get the equity or prestige that someone on the founding team will get, so there needs to be another incentive if you’re going to build a truly great company and attract the best people in the world. Thiel believes the best answer is something along the lines of: “This is the only place in the world where you can work on this incredibly important problem.” He continues: “It has to—on some dimension—be a really important problem that at least some people think is the most important problem in the world. Those are the kind of businesses that are unique, and when they work, they end up being leaders in their respective markets.” If it’s a problem that a bunch of other teams are working on, it will be hard to attract a truly world-class employee #20. Source: Pando
0:59

Peter Thiel: Why will the 20th employee join your company? When deciding whether or not to invest in a founder, Thiel asks: “Why will the 20th talented person join your company when they can get paid way more at Google, they will have to work way less hard at Google, and it will look better on their resume to go to Google?” The 20th employee won’t get the equity or prestige that someone on the founding team will get, so there needs to be another incentive if you’re going to build a truly great company and attract the best people in the world. Thiel believes the best answer is something along the lines of: “This is the only place in the world where you can work on this incredibly important problem.” He continues: “It has to—on some dimension—be a really important problem that at least some people think is the most important problem in the world. Those are the kind of businesses that are unique, and when they work, they end up being leaders in their respective markets.” If it’s a problem that a bunch of other teams are working on, it will be hard to attract a truly world-class employee #20. Source: Pando

Startup Archive

40,425 görüntüleme • 2 yıl önce

"I think in a way, people are somewhat overestimating the founders of companies, and massively underestimating what you can do when the founder is still present and in charge." Tobi talked about how it's not that founders themselves are some kind of super heroes, but that the *role* of a founder is incredibly important because of what the natural moral authority allows them to do.
1:17

"I think in a way, people are somewhat overestimating the founders of companies, and massively underestimating what you can do when the founder is still present and in charge." Tobi talked about how it's not that founders themselves are some kind of super heroes, but that the *role* of a founder is incredibly important because of what the natural moral authority allows them to do.

Jack Altman

43,403 görüntüleme • 2 ay önce

JOE ROGAN: ELON IS COMPLETELY UNIQUE "Elon is such a unique character you can't put him in the same category as Einstein because he's just like a cultural weirdness, like, who is this guy? Making memes, cracking jokes, dunking on people, telling people to go f**k themselves, running a bunch of different companies simultaneously while playing video games constantly. He's one of the most unique human beings in all of history." Source: Joe Rogan Experience, Elon Musk
0:32

JOE ROGAN: ELON IS COMPLETELY UNIQUE "Elon is such a unique character you can't put him in the same category as Einstein because he's just like a cultural weirdness, like, who is this guy? Making memes, cracking jokes, dunking on people, telling people to go f**k themselves, running a bunch of different companies simultaneously while playing video games constantly. He's one of the most unique human beings in all of history." Source: Joe Rogan Experience, Elon Musk

Mario Nawfal

44,869 görüntüleme • 1 yıl önce

we are looking to invest in the next Lovable, Spotify and Klarna reply to this with what you are building and your unique insight Example: Spotify's founder unique insight was that piracy wasn’t a “people won’t pay” problem, it was a UX problem, and if you made music instant, searchable, and cheaper than illegal downloads, people would switch
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we are looking to invest in the next Lovable, Spotify and Klarna reply to this with what you are building and your unique insight Example: Spotify's founder unique insight was that piracy wasn’t a “people won’t pay” problem, it was a UX problem, and if you made music instant, searchable, and cheaper than illegal downloads, people would switch

Guillermo Flor

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The public can already see how much better India is performing than many other countries in a war-like situation. People themselves are saying they don’t have a problem with prices increasing. The only one troubled is Rahul Gandhi, wondering why people aren’t coming out on the streets.
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The public can already see how much better India is performing than many other countries in a war-like situation. People themselves are saying they don’t have a problem with prices increasing. The only one troubled is Rahul Gandhi, wondering why people aren’t coming out on the streets.

Amit Kumar Sindhi

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Sam Altman on how to identify founders who can build $10 billion companies “It’s difficult to hear an idea at the very early stage and say: ‘Yeah, this idea has what it takes to be a $10 billion company.’ However, I think you can, with practice, identify founders that have a chance at creating one of those companies.’” The first four traits Sam looks for comes from gmail creator Paul Buchhiet: obsession, focus, frugality, and love. Next, Sam looks for intelligence: “You can give a founder an idea, but the problem is they need to come up with new ideas for the company basically every week… We tried an experiment at Y Combinator where we funded 20 teams of strong founders that didn’t have ideas but otherwise were really good, and they all failed. What we learned is that good founders have ideas all the time.” #6 is communication skills: “So much of your job as a founder is about communication—every time you hire someone, go to raise money, try to sell the product, and set a direction for the company. A huge amount of a founder’s job is being an evangelist for the company. If you don’t have strong communication skills or you don’t develop them quickly, you’re at a big disadvantage.” #7 is execution speed. How quickly can you generate a hypothesis, test it, and implement it? Sam observes that most slow-moving founders who went through Y Combinator didn’t go on to be successful: “A relentless cadence of execution is incredibly correlated with success.” #8 is the rate of improvement of the founder: “If you look at a founder who comes to meet you for a seed round and compare that founder to Brian Chesky, you will be disappointed 100% of the time. That’s the wrong comparison… You should look at the at the growth rate of the founder… Humans always underestimate exponential growth.” #9 is the right motivations: “There a lot of people who start a startup because they think it’s a way to get rich quickly, and unfortunately it’s just not. So startups have become the new default career trajectory for ambitious people… This does not work given the amount of pain you have to suffer for a startup… In our portfolio at YC, every time we thought a company was going to go really well and didn’t, the founder did not have a deep sense of mission.” Video source: Y Combinator (2018)
5:32

Sam Altman on how to identify founders who can build $10 billion companies “It’s difficult to hear an idea at the very early stage and say: ‘Yeah, this idea has what it takes to be a $10 billion company.’ However, I think you can, with practice, identify founders that have a chance at creating one of those companies.’” The first four traits Sam looks for comes from gmail creator Paul Buchhiet: obsession, focus, frugality, and love. Next, Sam looks for intelligence: “You can give a founder an idea, but the problem is they need to come up with new ideas for the company basically every week… We tried an experiment at Y Combinator where we funded 20 teams of strong founders that didn’t have ideas but otherwise were really good, and they all failed. What we learned is that good founders have ideas all the time.” #6 is communication skills: “So much of your job as a founder is about communication—every time you hire someone, go to raise money, try to sell the product, and set a direction for the company. A huge amount of a founder’s job is being an evangelist for the company. If you don’t have strong communication skills or you don’t develop them quickly, you’re at a big disadvantage.” #7 is execution speed. How quickly can you generate a hypothesis, test it, and implement it? Sam observes that most slow-moving founders who went through Y Combinator didn’t go on to be successful: “A relentless cadence of execution is incredibly correlated with success.” #8 is the rate of improvement of the founder: “If you look at a founder who comes to meet you for a seed round and compare that founder to Brian Chesky, you will be disappointed 100% of the time. That’s the wrong comparison… You should look at the at the growth rate of the founder… Humans always underestimate exponential growth.” #9 is the right motivations: “There a lot of people who start a startup because they think it’s a way to get rich quickly, and unfortunately it’s just not. So startups have become the new default career trajectory for ambitious people… This does not work given the amount of pain you have to suffer for a startup… In our portfolio at YC, every time we thought a company was going to go really well and didn’t, the founder did not have a deep sense of mission.” Video source: Y Combinator (2018)

Startup Archive

167,484 görüntüleme • 10 ay önce

Luna: The stuff that I think is on the same level of “you can’t have that happening” is a female having a physical experience with two people at the same time.
1:44

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Luna: The stuff that I think is on the same level of “you can’t have that happening” is a female having a physical experience with two people at the same time.

Acyn

182,722 görüntüleme • 3 ay önce

The CEO of ICE (NYSE) told Rob Hadick Polymarket will be worth $100B “I was with the founder and CEO of ICE and he said: 'I think Polymarket is going to be a $100B company'. Keep in mind, ICE is like a $95B company. That’s how bullish a lot of the traditional finance guys are on prediction markets”
0:28

The CEO of ICE (NYSE) told Rob Hadick Polymarket will be worth $100B “I was with the founder and CEO of ICE and he said: 'I think Polymarket is going to be a $100B company'. Keep in mind, ICE is like a $95B company. That’s how bullish a lot of the traditional finance guys are on prediction markets”

CounterParty TV

48,106 görüntüleme • 6 ay önce

Scott on why conviction in an idea is dangerous as an investor but required as a founder: "From the investor seat, I don't think you want to be in love with an idea. That's a risky thing because you'll find a way to express that by investing and make some compromises on the team because you know this idea is just so good, its time has come. But if the team isn't there, 90% of the time it doesn't work. Then there's a whole thing can you swap out the team? But the whole Founders Fund thesis was always no, you need the founder to run the company. But on the company side, you have to be in love with the idea. It's not that rational to start a company. There's a lot easier, more comfortable ways to make money if that's the goal. So it's got to be about what the company is doing specifically. If you want to actually start a company, it better be something that you're really passionate about, or you think that the problem is really important."
1:15

Scott on why conviction in an idea is dangerous as an investor but required as a founder: "From the investor seat, I don't think you want to be in love with an idea. That's a risky thing because you'll find a way to express that by investing and make some compromises on the team because you know this idea is just so good, its time has come. But if the team isn't there, 90% of the time it doesn't work. Then there's a whole thing can you swap out the team? But the whole Founders Fund thesis was always no, you need the founder to run the company. But on the company side, you have to be in love with the idea. It's not that rational to start a company. There's a lot easier, more comfortable ways to make money if that's the goal. So it's got to be about what the company is doing specifically. If you want to actually start a company, it better be something that you're really passionate about, or you think that the problem is really important."

Patrick OShaughnessy

33,016 görüntüleme • 3 ay önce

Dricus Du Plessis says Khamzat Chimaev lacks the ability to become a striker and expects the same version of him in the rematch "I don’t think he has the ability to change. I don’t think he has the ability to become a striker or even just match any good striker. Now I’ve been working on it, and now I know I will be better than him at his own game the next time around." (Via SA Boxing Talk )
0:36

Dricus Du Plessis says Khamzat Chimaev lacks the ability to become a striker and expects the same version of him in the rematch "I don’t think he has the ability to change. I don’t think he has the ability to become a striker or even just match any good striker. Now I’ve been working on it, and now I know I will be better than him at his own game the next time around." (Via SA Boxing Talk )

Red Corner MMA

36,276 görüntüleme • 5 ay önce

.Brian Armstrong says Coinbase had a "2nd founding moment" with President & COO Emilie Choi (Emilie Choi 🛡️) "I think she's the best operator in the industry." "She & I are a really great complement because I think a lot of value gets created in companies when you have founder energy & a really strong operator. If you have only founder energy, sometimes it's a little erratic & things go wrong. If you have only operators, I think you can have a very well-run company, but it might be more incremental or not have as much innovation. Emilie & I can honestly each do both, but we like to play to our strengths."
1:14

.Brian Armstrong says Coinbase had a "2nd founding moment" with President & COO Emilie Choi (Emilie Choi 🛡️) "I think she's the best operator in the industry." "She & I are a really great complement because I think a lot of value gets created in companies when you have founder energy & a really strong operator. If you have only founder energy, sometimes it's a little erratic & things go wrong. If you have only operators, I think you can have a very well-run company, but it might be more incremental or not have as much innovation. Emilie & I can honestly each do both, but we like to play to our strengths."

Molly O’Shea

57,863 görüntüleme • 1 ay önce

"A bad founder can fail with a brilliant idea." Andrei Grachev 🦅🟠 $FF, head of DWF Labs and Falcon Finance 🦅🟠 explains why the founder is one of the most important components of a project to investors.
2:38

"A bad founder can fail with a brilliant idea." Andrei Grachev 🦅🟠 $FF, head of DWF Labs and Falcon Finance 🦅🟠 explains why the founder is one of the most important components of a project to investors.

Cointelegraph

24,537 görüntüleme • 4 ay önce

One of the most unique things I’ve ever seen people have at a wedding! Live illustrations is such a sick idea for memories Maryam
0:41

One of the most unique things I’ve ever seen people have at a wedding! Live illustrations is such a sick idea for memories Maryam

Samad🇵🇸

31,640 görüntüleme • 3 yıl önce

Lululemon is at war with its own founder. The board called him “misguided” with “troubling conflicts of interest” today. He says they’re destroying the company. Shareholders pick a side on June 25
4:33

Lululemon is at war with its own founder. The board called him “misguided” with “troubling conflicts of interest” today. He says they’re destroying the company. Shareholders pick a side on June 25

Sumit Roy

48,252 görüntüleme • 2 ay önce