Gabriel Weinberg is the founder and CEO of DuckDuckGo. He addresses whether being located outside tech hubs like Silicon Valley hinders a startup's ability to hire top talent.
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“Being distributed trumps that completely because your labor pool is the entire world. Which is, there are great people literally everywhere, and if you open yourself up to that possibility and are open to thinking about working with people on different time zones and such, you really, really, really open up your talent pool.”
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“From my perspective, I think it definitely makes sense because some of these founders, and, you know, myself included, have a lot of their net worth tied up into the company, and people are going after big visions, like, I'm already 12 years into DuckDuckCo, r…”
Gabriel WeinbergFeb 14, 2020▶ 8:0820VC: How Founders Should Think Through Distribution and Customer Acquisition Today, The Challenges of the Digital Advertising Duopoly Currently & How To Structure Company Post Mortems Effectively with Gabriel Weinberg, Founder & CEO @ DuckDuckGo
PredictionNot checkable as stated
Digital ad duopoly will persist indefinitely without data monopoly intervention
“I think there needs to be something to be done about the data monopolies that underlie the duopoly. And unless something is done to kind of deconstruct that data monopoly, then this will persist ad infinitum because of the network effects involved.”
Gabriel WeinbergFeb 14, 2020▶ 10:1320VC: How Founders Should Think Through Distribution and Customer Acquisition Today, The Challenges of the Digital Advertising Duopoly Currently & How To Structure Company Post Mortems Effectively with Gabriel Weinberg, Founder & CEO @ DuckDuckGo
Opinion
Modern tech ad monopolies are stronger than historical tech incumbents
“I think so. The scale of the market, and the way that the kind of advertising auctions and data asymmetry is in place is just much stronger than kind of these previous generations.”
Gabriel WeinbergFeb 14, 2020▶ 11:2820VC: How Founders Should Think Through Distribution and Customer Acquisition Today, The Challenges of the Digital Advertising Duopoly Currently & How To Structure Company Post Mortems Effectively with Gabriel Weinberg, Founder & CEO @ DuckDuckGo
Disclosure
DuckDuckGo evaluates employees on experiment execution rather than direct outcome results
“We don't hold people accountable for results in that way. We hold people accountable for running good experiments, running good projects, running a good postmortem process, which we have for every project.”
Gabriel WeinbergFeb 14, 2020▶ 24:5220VC: How Founders Should Think Through Distribution and Customer Acquisition Today, The Challenges of the Digital Advertising Duopoly Currently & How To Structure Company Post Mortems Effectively with Gabriel Weinberg, Founder & CEO @ DuckDuckGo
Disclosure
Gabriel Weinberg personally drafted Do Not Track legislation in 2019
“We actually spent time, and I personally, drafting a do not track legislation last year, and that's an example of what I think is a very simple but effective mechanism to help address the data monopoly issue, and what that is is, in every browser right now, th…”
Gabriel WeinbergFeb 14, 2020▶ 10:3320VC: How Founders Should Think Through Distribution and Customer Acquisition Today, The Challenges of the Digital Advertising Duopoly Currently & How To Structure Company Post Mortems Effectively with Gabriel Weinberg, Founder & CEO @ DuckDuckGo
Insight
Single dominant marketing channels drive most startup growth milestones
“And when you look back at achieving that and like what got you there, it's often one channel really drove the bulk of that. And it just has to do with like effectiveness at any given time. Usually the winning strategy, you often don't have equally effective st…”
Gabriel WeinbergFeb 14, 2020▶ 12:0920VC: How Founders Should Think Through Distribution and Customer Acquisition Today, The Challenges of the Digital Advertising Duopoly Currently & How To Structure Company Post Mortems Effectively with Gabriel Weinberg, Founder & CEO @ DuckDuckGo
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