3min chapter

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Agustin Lebron - Trading, Crypto, and Adverse Selection

Dwarkesh Podcast

CHAPTER

How to Select for What You Like, Ya

A lot of start ups have the failure mode where they try to build these incredibly selective processes. The people who who they really, really want are never going to accept their offers. And so you should actually be very clear eyed and say, look, if i have a team of ten, i probably need one or two like ninetieth per centile people. That's a much, much more cost effective way and more stable way to build a company.

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