Typical first-time CEO mistake is to hire people who you're friends with. I love my friends. I've known most of my closest friends since first grade. But I would not hire any of them for a startup unless they were truly exceptional at the jobs we needed them for.
I didn't hire my friends at the start of my career, but did hire literally the very first people who even showed interest in working with us, simply because I'd never hired before and no one coached me on how to actually run a hiring process. Sometimes we got lucky with a star...
But most companies end up with a monoculture of people who all look and think the same, not because the CEO is a bad person, but because they don't know just how much they don't know and it ends up putting a ceiling on long-term outcomes.
Expect to see VC firms starting to put MUCH more emphasis on people & culture expertise from Day 1. The ROI is massive if you get it more right than wrong.
Wow, this has really blown up on VC twitter... here's my soundcloud lol circa 2013 soundcloud.com/alexisohanian
Also please pay attention to what's happening in #Artsakh #StopAzerbaijaniAggression


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More from @alexisohanian

15 Oct
WHY BUSINESSES SHOULD BET ON MOMS? (V2) - updated 2020 edition with new study data from @The_Mom_Project @werk_labs

PRODUCTIVITY: 2/3 of female employees with mom managers agree that their manager enhances overall team productivity and employees with mom colleagues rate their anticipated productivity 12% higher than those without.
A study of 10,000 academics found that mothers were more productive in their jobs than those without children. 10k academics and a new study of 500 respondents don’t lie, women with kids GET IT DONE and help others GET IT DONE, too.
Read 15 tweets
19 Jul
That time I walked in on @jackconte who just happened to be playing piano, of course. Amazing to see how much @Patreon has grown over the years since that 1st check, my friend. Congrats to you and your team and there's still SO much more to be done to bring on the #2ndRenaissance
Recently reminded of this.. back in June 2012, I was helping a variety of creators run kickstarter campaigns (publish books, merch, etc) and I realized there needed to be a platform for RECURRING revenue and mocked this up feat. the great @Zachanner ImageImage
Look familiar? I spent 6 mos begging every talented dev I knew to build and found a patronage platform for creators so I could led a seed investment in it (I wasn't married to the name, lol). Then kismet happened....
Read 9 tweets
5 Jun
I co-founded @reddit 15 years ago to help people find community and a sense of belonging.

It is long overdue to do the right thing. I’m doing this for me, for my family, and for my country.
I’m saying this as a father who needs to be able to answer his black daughter when she asks: “What did you do?”

I've resigned as a member of the reddit board, I have urged them to fill my seat with a black candidate, + I will use future gains on my Reddit stock to serve the black community, chiefly to curb racial hate, and I’m starting with a pledge of $1M to @kaepernick7’s @yourrightscamp
Read 5 tweets
22 Mar
What's going to be jarring to see for Americans is the difference between functional and dysfunctional states in the union. Since the US is taking a state by state approach to fighting COVID-19, we'll see the failings of state infrastructure in the next few weeks...
and because of the open borders between states and a highly communicable, asymptomatic virus, my guess is we see functional states closing borders to protect their citizens in response to their neighbors.
But how do we defeat this without a country United? I wish we could learn from all these other nations, we had so many Cassandras... So much needless suffering
Read 5 tweets
13 Jan
Over the course of your career, you'll encounter people who use strategic sycophancy in order to level themselves up, rather than, say, doing great work.

Some will hit their inevitable ceiling early, but others will actually continue to thrive.
You will start to wonder if it'll ever catch up with them, but I've convinced myself that in the long-term, it's just not sustainable for them. Eventually enough people will see them for who they really are--charlatans.
I realize that's little satisfaction for those of you working toward your recognition, your due. But there is no more surefire way to be successful in your career than to do great work, take ownership for everything that goes wrong, and be kind to everyone, especially yourself.
Read 5 tweets

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