Advice for Founders Facing Fundraising Challenges | 4min snip from Lenny's Podcast: Product | Growth

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Leading with empathy | Keith Yandell (DoorDash, Uber)

Lenny's Podcast: Product | Growth | Career

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Advice for Founders Facing Fundraising Challenges

Every successful business has faced rejection from venture capitalists at some point./nThe drive to keep going is critical for founders, especially during difficult fundraising periods./nIf you believe in your business, you have to keep going and find a way./nIt only takes one yes to succeed, and founders need to persevere to get there.

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Keith Yandell started at DoorDash as Chief Legal Officer and during his tenure has also led the HR, Customer Support, Marketing, and now Corporate Development teams. In today’s episode, we talk about leadership, and how to lead with empathy. We dig into DoorDash’s unique culture and touch on the WeDash program, which requires every employee to complete four deliveries a year in order to better understand the customer experience. Keith shares his “How to Work with Keith” document and discusses the importance of openness in the workplace. He also gives some tips for founders on hiring, engaging with legal, and how to make big decisions when teams are competing for resources.

Find the full transcript here: https://www.lennyspodcast.com/leading-with-empathy-keith-yandell-doordash-uber/#transcript

Where to find Keith Yandell:

• Twitter: https://twitter.com/kdyandell

• LinkedIn: https://www.linkedin.com/in/keith-yandell-2a947432/

Where to find Lenny:

• Newsletter: https://www.lennysnewsletter.com

• Twitter: https://twitter.com/lennysan

• LinkedIn: https://www.linkedin.com/in/lennyrachitsky/

Referenced:

• Gokul Rajaram on Lenny’s Podcast: https://www.lennyspodcast.com/gokul-rajaram-on-designing-your-product-development-process-when-and-how-to-hire-your-first-pm-a-playbook-for-hiring-leaders-getting-ahead-in-you-career-how-to-get-started-angel-investing-more/

• Ryan Sokol on LinkedIn: https://www.linkedin.com/in/ryan-sokol-00b2333/

• Tony Xu on LinkedIn: https://www.linkedin.com/in/xutony/

• About WeDash: https://doordash.news/culture/wedash-doordash-employee-program-how-does-it-work/

• Range: Why Generalists Triumph in a Specialized World: https://www.amazon.com/Range-Generalists-Triumph-Specialized-World/dp/0735214484

• How to be successful working with Keith doc: https://docs.google.com/document/d/12yTpBZFab6SPAruSpSD6CB_qLOu5L8kpQ4CCmX9pDx4/edit?mode=html

• Kofi Amoo-Gottfried on LinkedIn: https://www.linkedin.com/in/kofi-amoo-gottfried-3802bb3/

• Tia Sherringham on LinkedIn: https://www.linkedin.com/in/tiasherringham/

• Amp It Up: Leading for Hypergrowth by Raising Expectations, Increasing Urgency, and Elevating Intensity: https://www.amazon.com/Amp-Unlocking-Hypergrowth-Expectations-Intensity/dp/1119836115

• Ted Lasso’s quote on Twitter: https://twitter.com/TedLasso/status/1426932132417576967

• Rajat Shroff on LinkedIn: https://www.linkedin.com/in/rajatshroff/

• Micah Moreau on LinkedIn: https://www.linkedin.com/in/micahmoreau/

In this episode, we cover:

(00:00) Keith’s background

(03:41) The time Keith asked a potential hire if he was an a*****e

(06:39) DoorDash culture

(08:40) The WeDash program

(13:16) How Keith was able to lead so many different teams at DoorDash

(16:08) Hiring the best experts and then getting out of their way

(18:21) The “How to Work with Keith” document

(21:52) How and why Keith helps his employees land new jobs