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How to Scale: Lessons from Stripe CEO | Patrick Collison 

Khosla Ventures
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15 июн 2024

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Комментарии : 51   
@olivergilpin
@olivergilpin 4 года назад
4:15 - obsess over the first 10 hires, since they will replicate themselves 10x over as they build their own departments
@Simone-uu8ne
@Simone-uu8ne 3 года назад
Eliseo Kameron may I ask you who asked and then who cares? I mean, good for you to have done something illegal with a piece of software found on Google - as if it was a secure source to find software -.
@david0aloha
@david0aloha 2 года назад
@@Simone-uu8ne I care
@olivergilpin
@olivergilpin 4 года назад
1:15 - it’s in some ways easier to solve a hard problem than an easy problem. Great people want hard problems
@thyagarajesh
@thyagarajesh 9 лет назад
I don't know him directly, but Patrick comes across as a smart and sharp tech entrepreneur. These are the kind of individuals who are defining and redefining the core DNA of silicon valley. Good to know that he also move in here from Boston!.
@olivergilpin
@olivergilpin 4 года назад
2:20 - Use the competitive advantage of time horizons
@Bill0102
@Bill0102 5 месяцев назад
I'm in complete admiration of this. I came across something similar, and it left me in awe. "The Hidden Empire: Inside the Private Worlds of Elite CEOs" by Adam Skylight
@BiancaAguglia
@BiancaAguglia 5 лет назад
Great interview. Patrick has an inspiring mindset
@andy_ppp
@andy_ppp 2 года назад
I love nice and happy people, they are amazing to work with! Love that 👌🏻
@olivergilpin
@olivergilpin 4 года назад
3:41 - do what you can to work with people before deciding one way or another to commit to them joining the company
@hl236
@hl236 3 месяца назад
Excellent tip
@fosibodu
@fosibodu 8 лет назад
This guy chucked out his irish accent and acquired American. Sounds like 60% American, 40% irish.
@adamblakley3780
@adamblakley3780 6 лет назад
He didn't chuck it out, go live and work in Silicon Valley for a decade and we'll analyze your accent when you get back. Accents are fluid and subject to change, it has nothing what-so-ever to do with turning your back on your native country, which I assume you're implying.
@itsyounmesweetie
@itsyounmesweetie 6 лет назад
It sounds more like he's trying to hold onto his original accent and has aquired a strange mix. But, yeah, good for him! Wish more people would adapt like that. Like when Southern accented Americans move to non Southern accented areas. They don't live around that accent anymore so why not adapt?
@colors6692
@colors6692 3 года назад
He is from the UK😏
@vimalcurio
@vimalcurio 3 года назад
Really?
@vimalcurio
@vimalcurio 3 года назад
@@adamblakley3780 ikr
@reefreshedinc
@reefreshedinc 3 месяца назад
8 Years later .. Interview more valuable then ever.
@olivergilpin
@olivergilpin 4 года назад
10:20 If your company doesn’t have a clear and obvious end point for your product, then it is to a degree vanity on the part of the founder to expect people to have so much interest in their company. Note: this may not be so applicable for non tech companies where the direction is more clear
@olivergilpin
@olivergilpin 4 года назад
23:09 - Company vs Team Don’t have team members instantly join the team. That will avoid bad hiring to fix short term problems from the team
@olivergilpin
@olivergilpin 4 года назад
Even up to 3 months!
@olivergilpin
@olivergilpin 4 года назад
9:30 - hiring founders can be suitable. More often than it seems, they aren’t interested in being a founder themselves, but instead being a founder is a proxy to: - Being able to work on hard problems - being part of what builds the core structure of the company - working with great people Therefore you can hire founders, since their goal optimisation of the above is likely already fulfilled.
@olivergilpin
@olivergilpin 4 года назад
On the topic of equity: 13:40 - be extremely generous with employees, and a lot less generous with investors
@olivergilpin
@olivergilpin 4 года назад
Also prefers to avoid paying at the very top of the salary range, and instead provide equity - as a method of improving longevity at the company
@zink5664
@zink5664 3 года назад
What you think you are going to be a startup legend
@cryptographicchar2813
@cryptographicchar2813 5 лет назад
Richard Hendriks
@vozestoica8436
@vozestoica8436 2 года назад
Brillant
@HashimAziz1
@HashimAziz1 Год назад
Who is the interviewer?
@olivergilpin
@olivergilpin 4 года назад
4:50 If you want to scale fast, hire people who can hit the ground running and already know what they’re going to do
@olivergilpin
@olivergilpin 4 года назад
7:15 - you want them to be good, and also known to be good, thus allowing them to hire in their network
@Zamicol
@Zamicol 4 года назад
lol, "Light cone" Let's throw a little bit of SR physics in there. 10:00
@pelckarol
@pelckarol 2 года назад
14:30, based on current valuation they gave 1 billion dollars or more to each of the first 10 employees (soon might be worth 2-3b each). Edit: Based on Forbes list with 490 new billionaires this year, they compensation plan has created over 2% of the new billionaires globally.
@bossgd100
@bossgd100 2 года назад
woaw
@conformist
@conformist 6 лет назад
Partick :-D
@ExitStrategyNYC
@ExitStrategyNYC 9 лет назад
...Patrick is also spelled wrong...
@lightningdb
@lightningdb 9 лет назад
Jonathan Wegener But they got the other words right!
@vimalcurio
@vimalcurio 3 года назад
Corrected
@CharlesZhanger
@CharlesZhanger 9 лет назад
Stripe is spelled wrong.
@ExitStrategyNYC
@ExitStrategyNYC 9 лет назад
Charles Zhang
@rheagalsim7497
@rheagalsim7497 6 лет назад
2 years later and it’s still not fixed..
@vimalcurio
@vimalcurio 3 года назад
@@rheagalsim7497 it fixed now
@fleXcope
@fleXcope 7 лет назад
Spellcheck courtesy of Microsoft...
@bsemailaccount615
@bsemailaccount615 6 лет назад
Anyone know the Bezos quote he references in about 2.40?
@BiancaAguglia
@BiancaAguglia 5 лет назад
The quote is, “If everything you do needs to work on a three-year time horizon, then you’re competing against a lot of people, but if you’re willing to invest on a seven-year time horizon, you’re now competing against a fraction of those people, because very few companies are willing to do that. Just by lengthening the time horizon, you can engage in endeavors that you could never otherwise pursue. At Amazon we like things to work in five to seven years. We’re willing to plant seeds, let them grow-and we’re very stubborn.” 😁
@olivergilpin
@olivergilpin 4 года назад
Bianca A. - There's art to data science thanks!
@izakmizrahi8569
@izakmizrahi8569 Год назад
Mostly regurgitates Larry Page words. Dresses like a Googler too.
@FinalPattern11
@FinalPattern11 7 лет назад
'Ahhh ahh, ehhh, ehhh, ahhhhhhhh, ehhh, ehhh, ehhhhhhh, ahhhhhh...
@tenniswithric
@tenniswithric 6 лет назад
ben thomson what’s up? Figuring out how to be a billionaire?
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