20VC: The 4 Phases of Effective Decision-Making, The No 1 Quality of Good Decisions, How To Approach Effective OKR Setting, & How To Optimise and Improve Your Operating Cadence with Shishir Mehrotra, Founder & CEO @ Coda

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The Twenty Minute VC

Finance, Venturecapital, Tech News, News, Siliconvalley, Technology, Investing, Startups, Business

4.4 • 637 Ratings

🗓️ 25 September 2020

⏱️ 50 minutes

🔗️ Recording | iTunes | RSS

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Summary

Shishir Mehrotra is the Founder & CEO @ Coda, the startup that brings all of your words and data into a flexible all-in-one doc. To date, Shishir has raised over $140M from some great names including Greylock, Kleiner Perkins, General Catalyst, NEA and Homebrew to name a few. Prior to founding Coda, Shishir spent an incredible 6 years at Google in a couple of different roles; first as Director of Product for Youtube Monetisation and then moving to Youtube VP of Engineering, Product and UX. Before Google, Shishir was with Microsoft for 6 years as a Director of Program Management. Shishir also serves on the board of Spotify.

In Today’s Episode You Will Learn:

1.) How Shishir made his way into the world of tech, came to be VP of Engineering, Product and UX @ Youtube and how it led to founding Coda?

2.) What is the No 1 quality of a good decision? How does Shishir think through reversible vs irreversible decisions? What are the 4 phases of decision-making? When should decisions be based on speed vs not? How can teams adjust questions to come to more productive outcomes?

3.) How does Shishir encourage debate and dissent within team discussions? How can leaders build deep trust with their teams? How can leaders create true democracy for idea sharing and meritocracy? Should ideas always be acted on immediately? What are the pros and cons?

4.) How does Shishir think about and evaluate his own operating cadence? How has this changed over time? How does Shishir approach time allocation? What have been his core learnings? How does Shishir divide his time between proactive and reactive tasks?

5.) How does Shishir approach OKR setting? What can leaders do to create aspirational and inspirational goals? How should goals be correctly communicated across orgs? How many OKRs should one team/person have? How should attribution across OKRs be given?

Items Mentioned In Today’s Show:

Shishir’s Fave Book: Switch: How to change things when change is hard

As always you can follow Harry and The Twenty Minute VC on Twitter here!

Likewise, you can follow Harry on Instagram here for mojito madness and all things 20VC.

Transcript

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0:00.0	Welcome back to the 20 minute VC with me, Harry Stebbings, and today's episode is slightly longer
0:04.0	than 20 minutes, but what can I say? Rules are made to be broken, and so with that, I'm thrilled to
0:08.0	welcome Shishir Marotra, founder and CEO at Koda, the startup that brings all of your words and
0:13.1	data into a flexible all-in-one dock. To date, Shishir has raised over 140 million from some great names including Greylock, Kleiner Perkins,
0:21.4	General Catalyst, NEA and Homebrew, to name a few.
0:24.2	Prior to founding code, Shashir spent an incredible six years at Google in a couple of different
0:28.3	roles, first as director of product for YouTube monetization, and then moving to YouTube
0:32.7	VP of Engineering, Product and Nuax.
0:35.2	Before Google, Shashir was with Microsoft for six years as a
0:37.9	director of program management, and Shashir also serves on the board of Spotify. With that, I do want to say
0:42.7	huge thank you to Daniel at Spotify, Quentin Clark at G.C, Sridhar at Neva, and DesTrainor at Intercom.
0:48.5	Some fantastic questions suggestions today. Really was the team effort on the schedule.
0:52.5	But before you dive into this show today, I'm sure you've heard me talk about it before, but I love Carter. Carter simplifies how
0:57.9	startups and investors manage equity, track cap tables and get valuations. Go to
1:02.6	Carter.com forward slash 20 VC to get 10% off. More than 800,000 employees and shareholders
1:08.6	use Carter to manage hundreds of billions of dollars in equity,
1:12.5	and Carter now offers fund administration so you can see real-time data in the Carter platform
1:17.0	and work with Carter's team of experienced fund accountants. As I said, head over to
1:21.0	Carter.com forward slash 20VC to get 10% off. And speaking of a transformational product like
1:26.4	Carter there, 2020 has been a year
1:28.4	full of unexpected changes. But one thing that's remained very constant, the most important part
1:33.2	of a company is it's people. In a world with distributed workforces, it's more important than ever
	...

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