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

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

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Nov 25, 2024
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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ANECDOTE

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.
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.
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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