The Twenty Minute VC (20VC): Venture Capital | Startup Funding | The Pitch 20VC: Why and How Traditional Venture Firms Need to Innovate, Building Spreadsheets To Figure Out Relationships to Money, Ego and Identity Management with Success and The Biggest Lessons from Working with Mark Zuckerberg in the Early FB Days with Ruchi Sa
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Jun 10, 2022 
Ruchi Sanghvi, a trailblazer as Facebook's first female engineer and Dropbox's first female executive, shares her journey in tech. She discusses key lessons learned from Mark Zuckerberg and Dropbox's focus on quality over speed. Ruchi dives deep into personal reflections on managing ego, money, and identity, highlighting advice from her father that shaped her mentality. She also explores the evolving landscape of venture capital, the need for innovation in traditional firms, and the growth of community-driven investment models like South Park Commons.
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Early Career Experiences
- Ruchi Sanghvi joined Facebook straight out of college, feeling optimistic and working tirelessly.
- At Dropbox, she was hired as a VP of Operations to scale the company, acting as a "fixer" to build and manage teams.
Contrasting Company Values
- Facebook's early motto, "move fast and break things," prioritized speed and network growth.
- Dropbox prioritized quality and "sweat the details" to maintain user trust, highlighting the importance of context-specific values.
South Park Commons Origin
- After leaving Dropbox, Ruchi Sanghvi started a learning group for technologists in transition, which evolved into South Park Commons.
- The community's organic growth led to the creation of the South Park Commons Fund to ensure its financial sustainability and longevity.
