20VC: Discord's Jason Citron on Why Everything We are Taught About Hiring & Management is BS | Do Richer Founders & Gamer Founders Make Better Founders? | Never Before Told Moments Behind Scaling to 200M Users
Jason Citron, Co-founder and CEO of Discord, shares eye-opening insights from scaling the platform to $14.5 billion. He challenges conventional hiring practices, claiming experienced executives could hinder growth. The discussion reveals the surprising truth behind effective leadership styles and highlights the unique advantages gamer founders hold. Citron recounts pivotal moments from his journey, including the decision to decline a $12 billion Microsoft offer and his strategy for communicating with early users, reshaping the company's trajectory.
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Gaming as CEO Prep
Games are like sandboxes, teaching kids growth mindset by overcoming challenges.
They also teach cooperation, leadership, and sportsmanship through teamwork and competition.
insights INSIGHT
Levels of Company Building
Every level of company building presents unique, hard challenges.
Confidence in problem-solving abilities is key, similar to a growth mindset.
insights INSIGHT
Richer Founders & Experience
Financial cushion helps founders decline acquisition offers and aim for bigger outcomes.
Second-time founders benefit from prior experience, especially in fundraising and hiring.
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Jason Citron is the Co-Founder and CEO of Discord, a voice, video and text platform for friends playing games. Jason has raised $1BN for the company and was able to scale to 200M users. Prior to co-founding Discord, Jason founded OpenFeint, the biggest social mobile gaming platform, which sold to GREE in 2011 for $104 million.
In Today’s Episode with Jason Citron We Discuss:
1. Leadership Lessons That are Total BS:
Hiring: Why does Jason believe hiring experienced executives is the worst thing you can do for your company? What did he learn by doing it?
Culture: Why does Jason believe that empowerment and alignment are total BS? How does Jason empower people when they are told what to do vs choose what to do?
Strategy: What does Jason believe is the most effective way to drive and implement the strategy?
2. The Untold Moments Behind Scaling to 200M Users:
Why did Jason offer to give investors their money back at one point? What was the hardest round to raise and why?
Why did Jason turn down the chance to sell to Microsoft for $12BN?
What one single change in how Jason communicated with the first 100 users changed the trajectory of the entire company?
What do most founders think they know about product market fit that they do not?
3. The Makings of a Unicorn Founder:
Does Jason believe that richer founders make better founders?
Why does Jason believe that entrepreneurs who play video games have a higher chance of being successful in the future?
What single trait does Jason believe he has that has made him such a successful founder? Does Jason ever have imposter syndrome? When?