Faire

“Every year I write a strategy doc for the whole company. Every product pod writes its own strategy doc that kind of ladders up to the broader strategy doc.”

“The big mistake that I used to make is I would fall in love with candidates. I still have this problem. But I get enamored with candidates. All of a sudden, I move into confirmation bias mode. I totally ignore any sort of red flags, just focus on all the posit…”

“Our first year, it maybe took me like two or three weeks to write it. Now it's, you know, a three month process.”

“I've only led in nine years of investing three late stage rounds later stage rounds, series C co-led with Stripe fares series C. I led a founder's fund. And then I invest a lot of money in two late-stage rounds in a company called Ultima”

“It was, you know, if you look at the dashboards and kind of what they're reporting out on, it's just very high signal and noise. And so they are Rather than going and tracking everything and reporting on everything, it was, here's actually the three things tha…”

“Fair came back and said, Max said to me, you know, we chatted, I chatted with my co-founders, and, you know, we'll say yes, but you have to join the board, and having learned and been burned by the Robinhood experience, I never really told my partners that I w…”

“I, for example, I invested in the seed round affair at Back in the, this is about eight, nine years ago, twenty million, which is very expensive received on that. It was the highest price YC deal at that point. I think it's been a hundred or 200 X for me.”