The Twenty Minute VC (20VC): Venture Capital | Startup Funding | The Pitch 20VC: Hiring 101; The Biggest Mistakes Founders Make in the Hiring Process | Fundraising; What to Optimize for, How Profitability Changes Leverage When Raising | SMB to Enterprise; When to Move, What Changes and Dangers of Moving Too Early with Daniel Yan
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Jul 1, 2022 Daniel Yanisse, Co-founder and CEO of Checkr, opens up about his journey with the $5 billion HR tech company and insights from his time at NASA. He dives into common hiring pitfalls founders face, including the importance of assessing ego and humility during interviews. Additionally, Daniel shares crucial advice for fundraising in today's challenging market and the significance of adapting strategies based on growth stages. His reflections on fostering company culture during transitions and the delicate balance needed in leadership dynamics are particularly enlightening.
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Checkr's Origin
- Checkr originated from a side project in Daniel Yanisse's living room, addressing a bottleneck in background checks for his previous startup.
- This entrepreneurial journey reflects the common path of identifying a workplace problem and creating a better solution.
Delegation for Founders
- Founders often struggle with delegation, especially early on.
- Force yourself to delegate by focusing on high-level tasks like fundraising and customer interaction.
Hiring Mistakes
- Avoid being seduced by shiny resumes; prioritize humility over pedigree when hiring.
- Consider if candidates with extensive large-scale experience might be a poor fit for your current stage.
