20VC: The Biggest Mistakes Startups Make Hiring, The 2 Reasons Startups Fail and How to Avoid Them, Why Most Startup Equity Plans are F****** and Why You Should Scrap Titles From Your Company with Eddie Vivas, Founder & CEO @ Curated

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

The Twenty Minute VC

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

4.4 • 637 Ratings

🗓️ 1 April 2022

⏱️ 38 minutes

🔗️ Recording | iTunes | RSS

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Summary

Eduardo Vivas is the Co-Founder and CEO @ Curated, a network where product experts monetize their passion and help consumers make the perfect purchase. To date, Eddie has raised over $141M from some of the best including CapitalG, Greylock and Forerunner to name a few. Eddie is also a stellar angel investor with a portfolio including Telegram, Truebill, AppLovin and Dollar Shave Club among others. Prior to Curated, Eddie spent 3 years at Linkedin as Head of Talent Solutions, following his startup, Bright, being acquired by them in 2014.

In Today’s Episode with Eddie Vivas You Will Learn:

1.) The Founding of Curated:

What was the aha moment for Eddie with Curated?
What were Eddie's biggest takeaways from his prior companies? What did he take with him that worked? What did he disregard that did not work?
What were some of Eddie's biggest lessons from Linkedin? How did it impact his mindset?

2.) The Compound Startup:

Why did Eddie decide it was right to build so much of the tooling themselves?
How does Eddie determine when to buy vs build?
What are the biggest mistakes Eddie sees founders making when building multiple internal tools at the same time?
How does build a compound startup increase the strategic value of a company?

3.) Hiring: Missionaries not Mercenaries

How does Eddie structure his hiring process at Curated? Why does he not believe that startups are for everyone?
What are the biggest signals that a person is a missionary and not a mercenary? How do mercenaries act in a way that is different to missionaries?
What questions in an interview process show these traits?
What are some of the biggest mistakes Eddie has made when hiring?

4.) Equity and Compensation:

What is Eddie's biggest advice to founders when it comes to equity allocations for the team?
Why does Eddie believe it is crucial to offer and provide secondaries for the team?
How does Eddie feel about the amount of secondaries founders take today so early?

Item’s Mentioned In Today’s Episode with Eddie Vivas

Eddie’s Favourite Book: Predictably Irrational: The Hidden Forces That Shape Our Decisions

Transcript

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0:00.0	Welcome back. This is 20 VC with me, Harry Stebbings, and today we're joined by a phenomenal
0:04.0	serial entrepreneur, Eddie Vivas, found and CEO curated, a network where product experts monetize
0:10.0	their passion and help consumers make the perfect purchase. To date, Eddie's raised over $141 million
0:15.7	for curated from some of the best, including Capital G, Greylock and Forerunner, to name a few.
0:21.4	Eddie's also a stellar angel investor, with a portfolio including the likes of Telegram,
0:25.7	True Bill, App Lovin, and Dollar Shave Club, among others.
0:29.0	And prior to curated, Eddie spent three years at LinkedIn as Head of Talent Solutions,
0:33.2	following his startup, Bright.com, being acquired by them in 2014. And I'd also want to say a huge thank
0:38.7	you to Kirsten at Four Runner, Laylor at Capitalogy, and John Burbank. Some amazing question
0:43.3	suggestions today. It really did make such a difference. But before we move into the show today,
0:48.2	from websites and online stores to marketing tools and analytics, Squarespace is the all-in-one
0:53.0	platform to build a beautiful online
0:54.8	presence and run your business. Now, there are three things for me that really stood out about why I
0:59.1	love Squarespace. First, mobile optimise websites. All websites are optimized for mobile with
1:04.5	Squarespace, so content automatically adjusts. So your site looks great, no matter what device
1:09.4	it's on. Pretty awesome. Second, email campaigns.
1:13.0	Squarespace, it's super easy to grow and engage your audience with Squarespace email campaigns. Say what?
1:18.7	No other provider needed. That is so great. And finally, SEO tools. Squarespace takes the
1:24.3	guesswork out of SEO. So you'll get found in search by more people more often.
1:28.6	And if that wasn't good enough, go to Squarespace.com forward slash 20VC for a free trial.
1:33.5	And when you're ready to launch, use the offer code 20VC to save 10% off your first purchase of a website or a domain name.
1:41.2	And speaking of game-changing products there with Squarespace, you really think
	...

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