#27 - The CEO Who Pays Employees to De-Locate From the Bay

Wade Foster, CEO of Zapier, discusses their $10,000 relocation offer for new employees and its impact on hiring high-quality candidates. They explore winner-take-all markets and network effects, emphasizing the importance of connections. Advice for founders outside the Bay Area includes focusing on fundamentals and debunking the perception that the best companies are only in the Bay Area. Challenges of building a billion-dollar company in an untapped city are discussed, along with the importance of learning, taking risks, and finding experienced mentors for scaling.