2min chapter

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

20VC: Wolt CEO, Miki Kuusi on Leadership Lessons Scaling to a Reported $8.1BN Exit to Doordash, Building Teams not Families, The Difference Between Trust and Safety Within Companies, How To Use Compensation to Create Culture & Why You Should Not Be Lookin

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

CHAPTER

How to Use Compensation Intelligently to Shape Culture

I'd rather be more generous than a little bit more stingy that was my guiding principle. I try to err on the side of training the employees training the team more fairly than not. A lot of companies say everyone is an owner and it's a mission we're building this thing and so forth but when you look at how they're paying people they're paying them based on doing this then you're expecting people to take ownership and responsibility, he says. If you want to build a company where people are in it for the company you need to make sure that the company is in it for them she adds. "It's such a shame you're on twitter more because you could absolutely smash

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