4.4 • 637 Ratings
🗓️ 3 November 2017
⏱️ 26 minutes
🔗️ Recording | iTunes | RSS
🧾️ Download transcript
Jack Altman is the Founder & CEO of Lattice, actually our partners for this month on the show and as you will hear, they are the #1 performance management solution for growing companies. Lattice have raised close to $10m in funding from some of our favourites in industry including the likes of Miles Grimshaw @ Thrive, Khosla Ventures, Elad Gil, Alexis Ohanian and YC’s Daniel Gross. Prior to founding Lattice, Jack was the Head of Business Development @ Lattice where he saw the firm move into hyperscaling. Jack has also build an incredible angel portfolio including the likes of Gusto, OpenDoor, Instacart, Zenefits and Soylent.
In Today’s Episode You Will Learn:
1.) How Jack made his way from leading angel investor to Head of Business Development @ TeeSpring to the world of SaaS with the founding of Lattice?
2.) What does Jack mean when he says "founders must do what it takes to get the best people on board"? To what extent does Jack believe that great investors provide social validity to future hires?
3.) How does Jack think about really getting the best from his team? What is core to empowering them? Why does he believe that EQ is the most important skill for managers? What does Jack believe is the right way to give clear and direct feedback?
4.) Why does Jack believe that the best relationships with investors are less formal? What does Jack really look for in his relationships with investors? What does Jack mean when he says ''investor advice is right on valuation''?
Items Mentioned In Today’s Show:
Jack’s Fave Book: Meditations
Jack’s Fave Blog: SaaStr
As always you can follow Harry, The Twenty Minute VC and Jack on Twitter here!
Likewise, you can follow Harry on Snapchat here for mojito madness and all things 20VC.
Lattice is the #1 performance management solution for growing companies. With Lattice, it’s easy to launch 360 performance review cycles as often as you want. And you also get a continuous feedback system with OKR goal tracking, real-time feedback, and 1-on-1 meetings to make sure employees get feedback between reviews. Find out why the likes of CoinBase, PlanGrid, Birchbox and WePay trust Lattice as their performance management solution by heading over to lattice.com to start investing in your people. That’s Lattice.com.
Recurly, the company powering subscription success, with Recurly’s enterprise-class subscription management platform providing rapid time-to-value without requiring massive integration effort and expense and they have the ability to not only increase revenue by 7% but also reduce the all-important churn rate. That is why thousands of customers from Twitch to HubSpot to CBS Interactive trust Recurly as their subscription management platform. Check them out on recurly.com that really is a must.
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0:00.0 | Welcome back to the third and final episode of this very special feature week on the incredible Y Combinator on the 20 minute VC with me, Harry Stebbings, at H. Stebbings with two Bs on Snapchat. |
0:09.7 | I really would love to see you there and hear your thoughts and feedback on this week's shows. |
0:13.6 | However, to our third and final instalment, and I'm thrilled to welcome a rock star YC founder to the hot seat today, Jack Altman. Now Jack is the founder and CEO of |
0:21.6 | Lattice. As you know, I'm very proud to say one of our partners for this show, and as you will hear, |
0:25.9 | they are the number one performance management solution for growing companies. They've raised |
0:29.7 | close to $10 million in funding from some of our favorites in the industry, including the very |
0:33.9 | special Miles Grimshaw at Thrive, Koestler Ventures, Elad Gill, Alexis O'Hanian and YC's Daniel Gross. |
0:40.5 | And prior to founding lattice, |
0:41.9 | Jack was the head of business development at Teespring, |
0:44.4 | where he saw the firm move into hypergrowth mode. |
0:46.9 | And Jack has also built an incredible angel portfolio, |
0:49.3 | including the likes of Gusto, Open Door, Instacart, Zenefits and Soylent, |
0:53.6 | just to name a few. And I'd also want to say |
0:55.5 | a big thank you to Mars That Thrive for the introduction to Jack today, without which this episode |
0:59.6 | would not have been possible. But before we move into the show state, if you're a founder or operator, |
1:04.0 | your most important job is people operations, whether that be hiring execs, developing managers, |
1:09.1 | or retaining top talent. And that's why you need lattice. |
1:12.1 | Latus is the number one performance management solution for growing companies. With lattice, |
1:16.2 | it's easy to launch 360 performance review cycles as often as you want. And you also get an |
1:21.1 | incredible continuous feedback system with OKR goal tracking, real-time feedback and one-on-one |
1:26.3 | meetings to ensure employees get feedback between reviews. |
1:29.4 | So find out why the likes of Coinbase, PlanGrid, Birchbox and Weepay, |
... |
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