The individual mistake that tech startups are collectively making

Equity

TechCrunch

Entrepreneurship, Business News, News, Business, Technology

4.2 • 372 Ratings

🗓️ 8 February 2023

⏱️ 35 minutes

🔗️ Recording | iTunes | RSS

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Summary

This week, Natasha interviewed Cleo’s former CEO and current chief business officer, SJ Sacchetti. We spoke about nearly every theme most founders and chief executives are too scared to talk about: ego, setting boundaries, stepping down and becoming a "statistic" and why a company needs to succeed without you. We talk about failure - or the fear of it, at least - and really, where things go wrong when we talk about how success is celebrated in tech. As always, the full Equity crew will be back on Friday, but you can keep up with us in the meantime on Twitter @EquityPod! Equity drops at 10:00 a.m. PT every Monday and at 7:00 a.m. PT on Wednesdays and Fridays, so subscribe to us on Apple Podcasts, Overcast, Spotify and all the casts. TechCrunch also has a great show on crypto, a show that interviews founders, one that details how our stories come together and more! Credits: Equity is produced by Theresa Loconsolo with editing by Kell. Bryce Durbin is our Illustrator. We'd also like to thank the audience development team and Henry Pickavet, who manages TechCrunch audio products. Learn more about your ad choices. Visit megaphone.fm/adchoices

Transcript

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0:16.0	Hello and welcome back to Equity, a podcast about the business of startups where we unpack the numbers and nuance behind the headlines.
0:18.2	I'm Natasha Masquerinas and this is our Wednesday show, where we niche down to a single person, think about their work, and
0:23.8	unpack the rest. Today we're talking to S.J. Saquetti, Cleo's chief
0:28.7	business officer and former CEO, actually a chef we're going to talk about in
0:32.0	just a few minutes, but first,
0:33.6	SJ welcome to the show. Welcome to Equity. Thank you for having me. I'm
0:37.6	excited to be here with you. Before we jump into all the questions about
0:41.0	nuance and career transitions. How is your
0:43.2	2023 going? I don't know how anyone feels these days so I just wanted to start
0:47.1	off on that note. My 2023 is already a lot better than my 22 which is part of what we're going to talk about. It's a lot better than my 2022, which is part of what we're going to talk about.
0:53.6	It's a lot lighter. The specter all around us is obviously very humbling and overwhelming in many ways,
1:01.7	but personally, I'm, my 2022 is probably one of the worst years I've had so I'm I'm starting on a good note and really focused there which is part of what we're going to talk about today.
1:11.2	Heck yeah I mean that officially means something too because we're more than just like one day in because
1:16.1	I was super excited for 2023 and it was like Jan second but now it's February, we're in it.
1:21.0	I'm so glad to hear things are going better for you and as we're alluding to today. We're going to talk about executive transitions
1:26.7	knowing when it's time to step back as a leader and just the general nuance behind how we approach our careers in tech. It is a topic I think about so much
1:34.3	and this episode is definitely a little selfish because I want to take notes from
1:37.8	U.S.J. Before we get into the transition, tell me a little bit about just your
1:41.6	background and how you've spent your career in
1:44.0	tech so far before you joined Cleo. Absolutely I have been really lucky to be
1:50.4	educated by startup tech companies for now pretty much 20 years.
1:55.3	I started my career actually in politics for a hot minute.
	...

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