Pete Flint (pt.1) - NFX, founder of two unicorn companies

Jimmy's Jobs of the Future

Boxlight Creative Studio

Careers, Business, Technology

5.0 • 1K Ratings

🗓️ 4 December 2020

⏱️ 20 minutes

🔗️ Recording | iTunes | RSS

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Summary

Pete Flint was the founding member of LastMinute.com with Brent Hoberman and Martha Lane Fox. Following the billion dollar acquisition, Pete went to study for an MBA at Stanford Graduate School of Business. He noticed how it was hard to get accomodation, and so this led to him founding Trulia, which turned into another unicorn being acquired by Zillow for £3.5 billion. He has recently written a brilliant essay on the NFX website on how to 10X your career, you can check out that piece which we talk a lot about in the show - https://www.nfx.com/post/10x-career-decisions/I have been thinking of how to transition my career for a year since leaving Downing Street and it is the best piece I have read on the subject.Thank you to this episodes sponsor, Juggle.Jobs Three key themes of this podcast have been talent, diversity, and flexibility. Young ambitious companies always face a challenge between hiring a full time employee, but also getting the right level of experience for what they need and within their budgets. That is where Juggle Jobs comes in, think of them as an AirBnB for high end employment ...as Hayden Wood said in the first episode, hire talent, but rent experience. You can post a free job advertisement on Juggle in just a few minutes, and then you are presented with intelligently matched candidates. You can check their process at juggle.jobs A reminder that you can follow us on Twitter and Instagram @JimmysJobs If you want further summaries and sneak peeks of upcoming guests - sign up to the Jimmy's Jobs of the Future email at https://www.getrevue.co/profile/jimmym Thanks very much for listening. Subscribe so you don't miss any new episodes, releasing every Wednesday.You can sign up to Jimmy's Substack here for weekly content on the future of work, technology, and politicsFor more information on partnering with us please visit our partnerships page here.Also make sure you subscribe to The Shift, you can find it here on Spotify or on Apple Podcasts. Learn more about your ad choices. Visit podcastchoices.com/adchoices

Transcript

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0:00.0	Today we are joined on Jimmy's Jobs of the Future by Pete Flint, a general partner at
0:08.6	NFX, a seed-stage venture capital firm based in San Francisco.
0:13.4	His background is as an entrepreneur.
0:15.6	Many entrepreneurs dream of reaching the fabled unicorn status
0:19.1	where a company is valued at over a billion dollars.
0:22.1	Pete has achieved this, incredibly not just once but twice.
0:26.5	He was part of the founding team of last minute.com with Marfaane Fox and Brent Holman
0:32.0	which was acquired for 1.1 billion.
0:34.7	After this Pete came to California for his MBA at the Stanford Graduate School of Business.
0:40.3	While at Stanford he noticed how difficult it was to search for housing and co-founded Trulia, which he led as the CEO to then be acquired by Zillow for 3.5 billion.
0:50.5	Venture capitalists sometimes have a reputation for being a bit aloof, but Pete and the team at
0:55.4	NFX are far from that. They write very helpful and straightforward essays on the challenges
1:00.3	that entrepreneurs face. I've been thinking for a year how to
1:03.4	transition my career post Downing Street and their article on how to 10X your
1:07.4	career is the best piece I have read. In fact it is so good I would ask you to
1:11.5	pause this podcast and read the essay because we'll be referring
1:15.2	a lot to that piece.
1:16.6	When I started this podcast I wrote down a dozen dream names, people that I thought would make exceptional
1:22.4	guests.
1:23.0	Pete was one of those names.
1:24.5	He was very helpful to me when I went over to Stamford
1:26.9	at the start of the year,
	...

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