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

20VC: Bending Spoons: The Most Untold Success Story in Startups: Lessons Scaling to 500M Downloads, $360M in Reported 2023 Sales and a $2.55BN Valuation... Bootstrapped with Luca Ferrari, Co-Founder and CEO @ Bending Spoons

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

NOTE

Balancing Experience and Potential in Hiring

Assigning too much weight to experience in talent identification and hiring can lead to short-term valuable hires but lower long-term contributions. Physical co-location of employees tends to correlate with higher performance levels, possibly due to a self-selecting sample of intrinsically motivated individuals who want to be where the action is.

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