Mike Shebat, CEO of Traba, discusses how relentless resourcefulness manifests early in life, recounting a story told at Founders Fund General Partner Trey Stephens' 40th birthday party.
“Like there's actually a general partner of founders fund named Trey. We were just at his 40th birthday party. And one thing that was mentioned was that he didn't get into Georgetown the first time. And he literally went and like set up a tent in front of the admissions office and was like, I need to get into this school and ended up getting in.”
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More from Mike Shebat
AssertionSupported
Shebat: Traba requires 12-hour in-office workdays Monday through Thursday
“So what it means in practice at Trava is we're all committed to at least 12 hour days, Monday through Thursday. Friday, we're working late, but people do tend to go out on, on Friday night. But it's an in-office culture”
Mike ShebatNov 27, 2023▶ 3:25Keith Rabois & Mike Shebat: Creating an Olympian Mindset to Work Ethic| E1087 · 20VC with Harry Stebbings
Insight
Shebat: Late-night team presence compounds startup execution speed
“The reason why I wanted to change the mindset is because if you know that not only you, but all your colleagues are also going to be there at eight PM, you're not even thinking about pushing it out the next day. You're doing it that night. And then at scale, l…”
Mike ShebatNov 27, 2023▶ 11:58Keith Rabois & Mike Shebat: Creating an Olympian Mindset to Work Ethic| E1087 · 20VC with Harry Stebbings
Opinion
Shebat: Workers should approach joining startups like joining Olympic sports teams
“I do believe strongly that everyone should be joining a company, more like an Olympic sports team. You need that level of commitment, you need that level of being all in.”
Mike ShebatNov 27, 2023▶ 0:18Keith Rabois & Mike Shebat: Creating an Olympian Mindset to Work Ethic| E1087 · 20VC with Harry Stebbings
Insight
Shebat: Candidates overly focused on job titles are an immediate red flag
“If they're way too focused on title, it's an immediate red flag.”
Mike ShebatNov 27, 2023▶ 24:48Keith Rabois & Mike Shebat: Creating an Olympian Mindset to Work Ethic| E1087 · 20VC with Harry Stebbings
Insight
Shebat: Candidates prioritizing cash over equity present a yellow flag
“People that are way too focused on cash. Versus the equity. I do think that's more of a yellow flag.”
Mike ShebatNov 27, 2023▶ 25:51Keith Rabois & Mike Shebat: Creating an Olympian Mindset to Work Ethic| E1087 · 20VC with Harry Stebbings
AssertionNot checkable as stated
Shebat: Most Y Combinator startups fail because they get complacent post-graduation
“Why most Y Combinator startups that graduate Y Combinator end up not making it. And it's because they get complacent and they lose momentum.”
Mike ShebatNov 27, 2023▶ 32:28Keith Rabois & Mike Shebat: Creating an Olympian Mindset to Work Ethic| E1087 · 20VC with Harry Stebbings
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