Mike Seve: We're obsessed with tight learning loops, so tell us a story about how this would change the world. If your effort was at X, and I'm not pulling you into X or telling you have to do it this way, then we would say we're not interested in something where we're not going to find out for five or ten years if we're on the right path. So we purposefully under-resourcing the teams because I don't want them to do it the normal way. It is our job to look for cheats in the video game of life. That is what we're being paid by Alphabet for - to find these kind of end runs around the
In this episode, recorded during the 2022 Abundance360 summit, Astro Teller answers questions regarding Google’s OKR framework (and how it doesn’t work for Moonshots), financial incentives vs. intellectual honesty, and resource allocation for endless new ideas.
You will learn about:
- 01:58 | Pre-mortem exercise
- 07:30 | OKRs don’t work for Moonshots
- 09:49 | Moonshots vs. equity
- 19:11 | How to allocate capital for each idea
Dr. Astro Teller's expertise lies in intelligent technology as the CEO of Alphabet's X, The Moonshot Factory. X is a company dedicated to bringing extraordinary, audacious ideas to reality through science and technology. He was previously the founding CEO of Cerebellum Capital.
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Resources
Visit X’s website.
Learn more about Abundance360.
Read the Tech Blog.
Learn more about Moonshots & Mindsets.
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This episode is brought to you by:
My executive summit, Abundance360
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