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

20VC: Jet.com's Marc Lore on How To Assess Human Potential and "The Resume Test", Why Chief People Officer Should be One of Your First Hires and Why We Need a New Type of Venture Capital

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

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Hiring for Culture: The Role of a Chief People Officer

This chapter emphasizes the critical importance of hiring a Chief People Officer as a foundational executive in a startup. It explores how focusing on people, culture, and values can significantly influence organizational success, advocating for a hiring philosophy that prioritizes mission-driven candidates over traditional resume assessments. Additionally, the discussion introduces the SPOTIC acronym to identify essential candidate traits while critiquing conventional hiring practices that rely heavily on references and familiar networks.

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