building culture through people - niket desai,
TRANSCRIPT
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TEAMS & ADVISORSBuilding culture through people | TheFamily Paris, 2016
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30138.1
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STARTUPS ARE HARD> PG: It’s about being like a cockroach; survival.
> Top reasons startups fail: resources & teams.
> What is a company other than people?
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punchda sample startup team
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WHY STARTUP?
2009 Job Market.
EARLY PUNCHD
@niket We put those crummy buy-10-get-1-free cards on your smartphone.
EARLY PUNCHD
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500 STARTUPS DEMO DAY
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FUNDRAISING
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> Operating in 14 countries> Many users!> 1,000+ businesses> 6 people
BUILDING A BUSINESS
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ELITE TEAMSthey don’t just change the world, they define it
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WHO ARE THESE PEOPLE?
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GOOGLE - 1997/8
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ELITE TEAMS
2012: 50% OF FIRST 20 PEOPLE STILL AT GOOGLE 15 YEARS LATER.
USD $350,000,000,000.00+USD $0
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FLIPKART
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Flipkart in 2015
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HRCULTURE
DEV PROCESS
HIRINGLONGER TERM STRATEGY / ALIGNMENT 75%
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Product might be easier than product company.Hiring and developing elite product (and other functional) talent was the largest challenge faced.
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What is a company but a group of people, anyway?
“
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COMPANYCOFOUNDERS
TEAMADVISORS
MURKY BUT ESSENTIAL
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COMPANYCOFOUNDERS
TEAMADVISORS
DEFINING YOUR NEEDS
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○
COMPANYCOFOUNDERS
TEAMADVISORS
COFOUNDER(S)
**Protect yourselves with vesting.
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COMPANYCOFOUNDERS
TEAMADVISORS
TEAM
APPSZOOM
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COMPANYCOFOUNDERS
TEAMADVISORS
Advisors support you & your company to be successful.● They serve as a non-partisan sounding board.● Keep you emotionally stable.● Help you with specific tasks & strategy:
○ recruiting○ investment○ domain knowledge / experience (law, accounting)○ partnerships, deal-making, customer closing○ introductions
WHAT ARE THEY GOOD FOR?
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General Resources
Peter Thiel's CS183 Notes
Venture Hacks Archives
Quora: Startup-recruiting
Evaluating Objectives & Employees
OKR Template
Quora: OKRs
Finding Talent / Recruiting
AngelList People (Find startup-like people)
LinkedIn (Research people!)
Job Templates on Hacker News
Startup Salaries
More Startup Salaries
Cofounders
PG: Having a cofounder is important.
Seth on Finding Cofounders
Investor / Advisor Relations
Company Update Template
Startup Tools by Niket
Good Books on Culture
Work Rules by Lazlo Bock
Delivering Happiness by Tony Hsieh
The Five Dysfunctions of a Team by Patrick Lencioni
RESOURCES