Kaz Nejatian

31 statements across 2 episodes · 11 bullish · 9 bearish · 2 people on the record · first statement Aug 14, 2024 by Kaz Nejatian · said 2 times in 2 episodes since 2023 · across every show →

On the record as a speaker too: Kaz Nejatian's record, appearances and statements → this page counts the times other people say the name.

Mentions by year

brought up most by Harry Stebbings (1), Glen Coates (1)

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Everything said about Kaz Nejatian, oldest first

Aug 14, 2024 negative
Insight
Kaz Nejatian: Forcing information through org charts causes major failures
“The biggest mistakes I have made in my career have all been of the same shape, unfortunately. And it's just, it's very, I'll tell you the shape. And I like, and it's a lesson I will perpetually learn. I need to relearn every single time. I have a limited the i…”
Kaz Nejatian Aug 14, 2024 ▶ 49:46 Kaz Nejatian: How Shopify Built a $90BN Business to Last 100 Years | E1189 · 20VC with Harry Stebbings
Aug 14, 2024 bullish
Prediction Not checkable as stated
Kaz Nejatian: Next Meta Quest will fulfill the promise of AR
“I think when the next quest comes out, I have no insider information on when it will come out, but, like, some of it has leaked. People's minds are gonna, like, it's just gonna be the promise of AR will be real.”
Kaz Nejatian Aug 14, 2024 ▶ 22:50 Kaz Nejatian: How Shopify Built a $90BN Business to Last 100 Years | E1189 · 20VC with Harry Stebbings
Aug 14, 2024
Insight
Kaz Nejatian: You will always be ashamed looking back at past work
“When you look back at your work, you will always be ashamed of it. You'll always say, ew, I was terrible back then.”
Kaz Nejatian Aug 14, 2024 ▶ 3:34 Kaz Nejatian: How Shopify Built a $90BN Business to Last 100 Years | E1189 · 20VC with Harry Stebbings
Aug 14, 2024 negative
Opinion
Nejatian: 'The Lean Startup' did more damage to software than any book
“I think the book lean startup may have done more damage unintentionally to software than any other book.”
Kaz Nejatian Aug 14, 2024 ▶ 2:21 Kaz Nejatian: How Shopify Built a $90BN Business to Last 100 Years | E1189 · 20VC with Harry Stebbings
Aug 14, 2024 negative
Opinion
Nejatian: Remote work is an exceptionally bad idea for most companies
“I think being remote is an exceptionally bad idea for most companies.”
Kaz Nejatian Aug 14, 2024 ▶ 30:32 Kaz Nejatian: How Shopify Built a $90BN Business to Last 100 Years | E1189 · 20VC with Harry Stebbings
Aug 14, 2024 negative
Opinion
Nejatian: Most growth tech companies only pretend to value learning
“But let's be honest, most even growth companies just cosplay as learners. They have a whole bunch of things you're not allowed to say. A whole bunch of companies have like these religious things they believe that you're not allowed to question.”
Kaz Nejatian Aug 14, 2024 ▶ 17:35 Kaz Nejatian: How Shopify Built a $90BN Business to Last 100 Years | E1189 · 20VC with Harry Stebbings
Aug 14, 2024 neutral
Insight
Nejatian: Software development is closer to woodwork than tech appreciates
“Software is a much more similar to woodwork than people appreciate. Like, it's much more about building something complete that someone can enjoy.”
Kaz Nejatian Aug 14, 2024 ▶ 4:32 Kaz Nejatian: How Shopify Built a $90BN Business to Last 100 Years | E1189 · 20VC with Harry Stebbings
Aug 14, 2024 negative
Insight
Kaz Nejatian: Making key business decisions in spreadsheets is a bad approach
“So everyone's decisions, regardless of how big you are as a company, ends up being made in an Excel sheet. And like, we're incredibly opinionated about this. We think this is a bad way to run a company.”
Kaz Nejatian Aug 14, 2024 ▶ 12:02 Kaz Nejatian: How Shopify Built a $90BN Business to Last 100 Years | E1189 · 20VC with Harry Stebbings
Aug 14, 2024
Insight
Nejatian: Tech teams overestimate product 'what' and underestimate 'how'
“Because, like people overestimate the importance of what, and then massively underestimate the importance of how. Like, people just massively underestimate the importance of how in ways that are just, like, shocking still.”
Kaz Nejatian Aug 14, 2024 ▶ 26:55 Kaz Nejatian: How Shopify Built a $90BN Business to Last 100 Years | E1189 · 20VC with Harry Stebbings
Aug 14, 2024
Insight
Nejatian: Hiring non-software leaders into tech generally fails
“Industry switching is very difficult. Like hiring marketers who are not from software into software generally doesn't work out. Hiring finance people who are not in software and software generally doesn't work out.”
Kaz Nejatian Aug 14, 2024 ▶ 1:00:49 Kaz Nejatian: How Shopify Built a $90BN Business to Last 100 Years | E1189 · 20VC with Harry Stebbings
Aug 14, 2024 positive
Opinion
Nejatian: Hiring leaders from Meta works out exceptionally well
“I have found that hiring people from Meta Generally has worked out very well for most people because just as a training program is just exceptionally good.”
Kaz Nejatian Aug 14, 2024 ▶ 1:00:38 Kaz Nejatian: How Shopify Built a $90BN Business to Last 100 Years | E1189 · 20VC with Harry Stebbings
Aug 14, 2024
Insight
Nejatian: Every Great Product Starts with a Clear Vision to Fix a Misguided World
“Everything good ever created started with someone saying, hold on a second. The world is wrong about X. I will fix it. The initial thing of saying, I have to create a thing to fix a problem for me or for someone else, requires you to know what you want at the …”
Kaz Nejatian Aug 14, 2024 ▶ 5:50 Kaz Nejatian: How Shopify Built a $90BN Business to Last 100 Years | E1189 · 20VC with Harry Stebbings
Aug 14, 2024 bullish
Insight
Nejatian: V1 products must be constrained visions, not visionless experiments
“It is totally okay to ship a V one of something which is constrained version of your final vision, right? That's totally okay. In fact, everyone should do that. But what a lot of people do is have zero vision. They just ship something to see what happens next.…”
Kaz Nejatian Aug 14, 2024 ▶ 4:12 Kaz Nejatian: How Shopify Built a $90BN Business to Last 100 Years | E1189 · 20VC with Harry Stebbings
Aug 14, 2024 neutral
Assertion Not checkable as stated
Nejatian: My most frequent Slack phrase to Tobi Lütke was 'I disagree'
“I actually once looked at my Slack history with Toby. And the most common phrase I had told him was, I disagree.”
Kaz Nejatian Aug 14, 2024 ▶ 13:38 Kaz Nejatian: How Shopify Built a $90BN Business to Last 100 Years | E1189 · 20VC with Harry Stebbings
Aug 14, 2024
Assertion Not checkable as stated
Nejatian: Sequenced education, work, and marriage predict male success best
“The data behind this is undeniable for men, specifically for men, graduating from high school, getting some job experience and getting married in that order as soon as possible. Is more indicative is more indicative of success, including health, wealth, and ha…”
Kaz Nejatian Aug 14, 2024 ▶ 55:30 Kaz Nejatian: How Shopify Built a $90BN Business to Last 100 Years | E1189 · 20VC with Harry Stebbings
Aug 14, 2024 negative
Insight
Kaz Nejatian: Growth software companies fail if they value experience over learning
“Now, I think if you're a growth company and a software company, that's your death. I think it is totally your death if you go that way.”
Kaz Nejatian Aug 14, 2024 ▶ 17:29 Kaz Nejatian: How Shopify Built a $90BN Business to Last 100 Years | E1189 · 20VC with Harry Stebbings
Aug 14, 2024 negative
Opinion
Nejatian: Most software shipped today is unusable because it is incomplete
“Much of what software is being shipped today cannot be used or enjoyed because it is so incomplete.”
Kaz Nejatian Aug 14, 2024 ▶ 3:50 Kaz Nejatian: How Shopify Built a $90BN Business to Last 100 Years | E1189 · 20VC with Harry Stebbings
Aug 14, 2024
Insight
Kaz Nejatian: Early product leaders should prioritize shipping over career progression
“Optimize your first few years in your career for shipping as many things as possible, rather than career progression.”
Kaz Nejatian Aug 14, 2024 ▶ 1:02:06 Kaz Nejatian: How Shopify Built a $90BN Business to Last 100 Years | E1189 · 20VC with Harry Stebbings
Aug 14, 2024 positive
Opinion
Nejatian: Keith Rabois and Max Levchin are exceptionally aggressive in execution
“And I think it may come out of how they grew in tech, is that they are, I see this with admiration, more aggressive than anyone you can imagine being. They're incredibly kind, but very aggressive, ah, in their execution, in their ambition.”
Kaz Nejatian Aug 14, 2024 ▶ 1:24 Kaz Nejatian: How Shopify Built a $90BN Business to Last 100 Years | E1189 · 20VC with Harry Stebbings
Aug 14, 2024 negative
Insight
Nejatian: Requiring ten years of experience argues against a learner mindset
“Every job posting that says you require 10 years of experience Is arguing against a learner's mindset”
Kaz Nejatian Aug 14, 2024 ▶ 14:35 Kaz Nejatian: How Shopify Built a $90BN Business to Last 100 Years | E1189 · 20VC with Harry Stebbings
Aug 14, 2024 neutral
Insight
Nejatian: Every product manager must understand how code is written
“I'm not saying all PMs need to write code, but all PMs need to understand how code is written.”
Kaz Nejatian Aug 14, 2024 ▶ 0:30 Kaz Nejatian: How Shopify Built a $90BN Business to Last 100 Years | E1189 · 20VC with Harry Stebbings
Aug 14, 2024 bullish
Opinion
Kaz Nejatian: Meta Ray-Ban glasses are almost an iPhone moment
“If you have used the new Ray-Ban glasses, you have seen what the future will look like. It is very clearly how it's going. Like, it's just very clear that, like, this is, like, I think Ray-Ban glasses are just, like, not quite the iPhone moment, but they're, l…”
Kaz Nejatian Aug 14, 2024 ▶ 22:29 Kaz Nejatian: How Shopify Built a $90BN Business to Last 100 Years | E1189 · 20VC with Harry Stebbings
Aug 14, 2024 positive
Disclosure
Nejatian: Tobi Lütke overruled my opposition to remote culture software
“We were starting to build internal software. Shopify is a remote company. We're starting to build software to manage our culture remotely. I thought this was just the nuttiest thing to do. Like, this is just, like, total waste of code. Like, this is a bad idea…”
Kaz Nejatian Aug 14, 2024 ▶ 12:44 Kaz Nejatian: How Shopify Built a $90BN Business to Last 100 Years | E1189 · 20VC with Harry Stebbings
Aug 14, 2024
Opinion
Nejatian: Most companies only care about building the right thing
“If the user is not better off, it's because we say the job of PM at Shopify is to build the right thing the right way at the right time. Most companies don't actually care about the right way part, or the right time part, they care about the right thing part, …”
Kaz Nejatian Aug 14, 2024 ▶ 26:33 Kaz Nejatian: How Shopify Built a $90BN Business to Last 100 Years | E1189 · 20VC with Harry Stebbings
Sep 18, 2025 bullish
Prediction Open · timeframe Sep 2028
Nejatian: Opendoor will launch a long-term ecosystem of free and paid real estate products
“We will create a network for buyers and sellers, homeowners, home buyers, and home sellers, where they will have a long-term relationship with us over a series of products we will launch. Some of them will be free, just because they're good. Some of them will …”
Kaz Nejatian Sep 18, 2025 ▶ 14:17 Opendoor CEO, Kaz Nejatian: OpenAI and Oracle, How Can Either Afford to Do This · 20VC with Harry Stebbings
Sep 18, 2025 negative
Assertion Contradicted
Kaz Nejatian: Citron claimed Shopify wouldn't last two years when he joined
“Citron wrote in a short report the day I joined Shopify about how terrible business it was and how it wouldn't last two years.”
Kaz Nejatian Sep 18, 2025 ▶ 2:24 Opendoor CEO, Kaz Nejatian: OpenAI and Oracle, How Can Either Afford to Do This · 20VC with Harry Stebbings
Sep 18, 2025 positive
What-if
Nejatian: Would not have taken Opendoor CEO role without Rabois and Wu
“Wouldn't have taken a job, would not have taken a job without them. Like a strip wouldn't have done it. In fact, I said I won't do it without them.”
Kaz Nejatian Sep 18, 2025 ▶ 19:51 Opendoor CEO, Kaz Nejatian: OpenAI and Oracle, How Can Either Afford to Do This · 20VC with Harry Stebbings
Sep 18, 2025 neutral
Assertion Not checkable as stated
Nejatian: Personally audited every Opendoor invoice from the past 12 months
“Like, I, one of the first things I did was I got the board member, and I went through literally every invoice the company had paid for the last 12 months. Like actually every single one of them. Like I've reviewed like every line item.”
Kaz Nejatian Sep 18, 2025 ▶ 21:42 Opendoor CEO, Kaz Nejatian: OpenAI and Oracle, How Can Either Afford to Do This · 20VC with Harry Stebbings
Sep 18, 2025 bullish
Assertion Not checkable as stated
Nejatian: AI has solved automated home pricing without physical inspections
“I think three years ago, this was an incredibly difficult problem that required human beings to visit homes and look around and look at the shape of the cart. Like, that's the real thing. If you're one side of the street that has a slope, the other side doesn'…”
Kaz Nejatian Sep 18, 2025 ▶ 12:31 Opendoor CEO, Kaz Nejatian: OpenAI and Oracle, How Can Either Afford to Do This · 20VC with Harry Stebbings
Sep 18, 2025 positive
Assertion Supported
Lemkin: Kaz Nejatian left over $270M behind at Shopify to join Opendoor
“You know, leaving two hundred million behind at Shopify and another 70 something million in grants and what he might still get, you could only do that if you're post-economic, right?”
Jason Lemkin Sep 18, 2025 ▶ 53:13 Opendoor CEO, Kaz Nejatian: OpenAI and Oracle, How Can Either Afford to Do This · 20VC with Harry Stebbings
Sep 18, 2025 bullish
Disclosure
Kaz Nejatian: Bought Opendoor stock at higher price than current valuation
“In fact, I did buy at a higher price than the current price.”
Kaz Nejatian Sep 18, 2025 ▶ 6:39 Opendoor CEO, Kaz Nejatian: OpenAI and Oracle, How Can Either Afford to Do This · 20VC with Harry Stebbings
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