Y Combinator Startup Podcast

#9 - Sam Altman and Reid Hoffman - From Startup to Scaleup

30 snips
Jun 9, 2017
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INSIGHT

Scale Needs Business Invention

  • Scaling success requires business invention as well as technical invention to capture network effects.
  • YC scales by expanding its funnel, building network effects, and adding a continuity fund to support growth-stage companies.
ADVICE

Anticipate Org Refactoring

  • Anticipate organizational refactoring as you grow and plan for changing roles and reporting lines.
  • Expect to replace or move people; design promises around long-term contribution, not permanent titles.
ADVICE

Incentivize Preparing Your Replacement

  • Constantly shuffle people and incentivize training replacements to keep dynamism during scale.
  • Tie leadership rewards to how well they prepare successors and move into new roles.
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