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

20VC: The Secret to Negotiating; Making $50BN for Yahoo on Alibaba | Why Everything You Know About Hiring is Wrong; Domain Knowledge and Past Experience are Dangerous | The Next 10 Years for Fintech; Winners, Losers and Crypto with Jackie Reses, CEO @ Lea

25 snips
Mar 31, 2023
Jackie Reses, the CEO of Lead Bank and a former executive at Square and Yahoo, shares insights from her impressive career in finance and team-building. She argues that traditional hiring practices often miss the mark, emphasizing the importance of innate skills over past experience. Jackie reveals her strategies for effective negotiation and discusses the evolving landscape of fintech, highlighting both its challenges and opportunities. She also reflects on personal growth and lessons learned throughout her journey, including the impact of leadership on innovation.
Ask episode
AI Snips
Chapters
Books
Transcript
Episode notes
ANECDOTE

Early Banking Dreams

  • Jackie Reses' earliest memory involves playing bank teller with Barbie and David Cassidy as her customer.
  • This foreshadowed her career in finance, despite coming from an entrepreneurial family where she was the only one to work for others.
INSIGHT

Grit and Childhood

  • Jackie Reses believes her drive stems from a challenging childhood, moving out at 14 and attending boarding school.
  • This instilled independence and a strong work ethic, shaping her career.
ADVICE

Hiring for Innate Skills

  • Focus on innate skills, not past job titles, when hiring.
  • Look for transferable skills and potential rather than direct experience.
Get the Snipd Podcast app to discover more snips from this episode
Get the app