The Twenty Minute VC (20VC): Venture Capital | Startup Funding | The Pitch
20VC: The Biggest Mistakes Startups Make Hiring, The 2 Reasons Startups Fail and How to Avoid Them, Why Most Startup Equity Plans are F****** and Why You Should Scrap Titles From Your Company with Eddie Vivas, Founder & CEO @ Curated
The Twenty Minute VC (20VC) interviews the world's greatest venture capitalists with prior guests including Sequoia's Doug Leone and Benchmark's Bill Gurley. Once per week, 20VC Host, Harry Stebbings is also joined by one of the great founders of our time with prior founder episodes from Spotify's Daniel Ek, Linkedin's Reid Hoffman, and Snowflake's Frank Slootman.
If you would like to see more of The Twenty Minute VC (20VC), head to www.20vc.com for more information on the podcast, show notes, resources and more.
Show Notes
Eduardo Vivas is the Co-Founder and CEO @ Curated, a network where product experts monetize their passion and help consumers make the perfect purchase. To date, Eddie has raised over $141M from some of the best including CapitalG, Greylock and Forerunner to name a few. Eddie is also a stellar angel investor with a portfolio including Telegram, Truebill, AppLovin and Dollar Shave Club among others. Prior to Curated, Eddie spent 3 years at Linkedin as Head of Talent Solutions, following his startup, Bright, being acquired by them in 2014.
In Today's Episode with Eddie Vivas You Will Learn:
1.) The Founding of Curated:
What was the aha moment for Eddie with Curated?
What were Eddie's biggest takeaways from his prior companies? What did he take with him that worked? What did he disregard that did not work?
What were some of Eddie's biggest lessons from Linkedin? How did it impact his mindset?
2.) The Compound Startup:
Why did Eddie decide it was right to build so much of the tooling themselves?
How does Eddie determine when to buy vs build?
What are the biggest mistakes Eddie sees founders making when building multiple internal tools at the same time?
How does build a compound startup increase the strategic value of a company?
3.) Hiring: Missionaries not Mercenaries
How does Eddie structure his hiring process at Curated? Why does he not believe that startups are for everyone?
What are the biggest signals that a person is a missionary and not a mercenary? How do mercenaries act in a way that is different to missionaries?
What questions in an interview process show these traits?
What are some of the biggest mistakes Eddie has made when hiring?
4.) Equity and Compensation:
What is Eddie's biggest advice to founders when it comes to equity allocations for the team?
Why does Eddie believe it is crucial to offer and provide secondaries for the team?
How does Eddie feel about the amount of secondaries founders take today so early?
Item's Mentioned In Today's Episode with Eddie Vivas
Eddie's Favourite Book: Predictably Irrational: The Hidden Forces That Shape Our Decisions
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