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20VC: Hubspot Co-Founder Brian Halligan on Leadership Lessons Scaling Hubspot to a $28BN Market Cap | The Best Series A Investment in Venture History & What Makes Sequoia so Successful?
The Twenty Minute VC (20VC): Venture Capital | Startup Funding | The Pitch
The Shift from Missionaries to Mercenaries in Company Culture
As a company grows beyond a hundred employees, the culture shifts from knowing everyone in the organization to not knowing everyone, from a flat structure to multiple layers of management, and from everyone being mission-driven to having a mix of mission-driven individuals and mercenaries. Most employees post 20 employees are mercenaries, which is not necessarily bad if they are all pointed in the same direction. However, missionaries have an advantage in attracting and retaining talent. In a competitive job market, people are mission-driven and seek meaningful work. Therefore, it's important for companies to focus on embedding their culture in the interviewing process, tracking it with net promoter scores, and being transparent about the company culture and goals.
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