Startup Advice
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Startup Advice
You can’t be a hoarder of power within an organization. Once you get to a point where you feel like something is ready for lots of scale, get comfortable with letting it go so you can move on to the next building challenge.
23 Tactical Company Building Lessons, Learned From Scaling Stripe & Notion
Founders that step away grow their startup; find a team to trust and then share the power to increase your scaling velocity.
The Minimum Viable Testing Process for Evaluating Startup Ideas
review.firstround.comreview.firstround.com
The “bedroom startup” approach, an audience-centric model
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And what you see internally is what I'll say is razor-sharp focus on reducing cycle time and bias to action and how do we reduce cycle time. I think it's basically the core of it culturally to me is getting people to think about smaller units of time for decision making. It seems obvious but I think you really have to reinforce it culturally. So... See more
Lessons from scaling Ramp | Sri Batchu (Ramp, Instacart, Opendoor)
“It's just to remind people that we don't work in years, quarters, weeks, we work in days. Each day matters and so never put out something tomorrow that you know can get done today. And that bias to action really permeates not just in the product teams but everywhere.”
Say you have 100,000 DAUs and a retention rate of 80%, and for every five users, one of them tells a friend each day to download your app (and they do it). You get 20k new users per day just from word of mouth. In this equation, Xn is the number of DAUs today and Xn+1 is the number of DAUs tomorrow:
If you start... See more
X n+1 = (X n * 80%) + (X n * (1⁄5))
If you start... See more
Sean Colombo • The Secret to Duolingo’s Growth
A solid foundation requires a robust team structure. Hiring individuals who not only have the requisite skills but also align with the company’s culture is crucial. However, building a foundation goes beyond just assembling a team; it involves nurturing and equipping them with the tools and knowledge to excel. Continuous training and professional
Job descriptions are never exhaustive, even from the beginning. They represent a set of needs for a specific context and time, which after a few months no longer reflects reality. Yet companies hire people based on their ability to match that fixed job description. They hire for the short-term.
Why start from something so specific? Instead, find... See more
Why start from something so specific? Instead, find... See more
Sharan Bal • Hiring Humans, Not Resources
“Hire for soul, not role”