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

20Sales: Biggest Lessons Scaling Hubspot from $0-$100M in ARR, The Framework for How Startups Should Scale into the Enterprise, How to do Channel Partnerships Right and How to Construct Sales Comp Plans Early On with Mark Roberge

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

NOTE

Hiring for Deal Size vs. Industry Experience

The speaker argues that deal size is more crucial than industry experience in predicting success. For example, in a scenario where million-dollar deals are sold to banks, a candidate experienced in selling million-dollar deals to hospitals would be preferred over a candidate selling $10,000 deals to banks. The rationale is that the complexity and skills required for larger deals are transferable, making it easier to teach a million-dollar seller about banks than to teach a seller of smaller transactions the necessary high-value deal skills.

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