4min chapter

The Twenty Minute VC (20VC): Venture Capital | Startup Funding | The Pitch cover image

20VC: The Secret to Negotiating; Making $50BN for Yahoo on Alibaba | Why Everything You Know About Hiring is Wrong; Domain Knowledge and Past Experience are Dangerous | The Next 10 Years for Fintech; Winners, Losers and Crypto with Jackie Reses, CEO @ Lea

The Twenty Minute VC (20VC): Venture Capital | Startup Funding | The Pitch

CHAPTER

The Most Prominent Hiring Mistakes I've Made

Lin: I made a lot of mistakes when building some of the functions at Square around hiring for domain knowledge. When we were building out banking and lending at Square, it was a pretty new concept. We were trying to find particular expertise in a product set that really hadn't been done before. You want first principles thinking. And I would rather focus on things like raw intelligence, judgment, curiosity, grit than looking for things like domain knowledge or operators with prior scale.

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