Palan: Sharing bad news filters out mercenary employees lacking mission conviction
Hubert Palan · 20VC: Why "Founder Insight" is Overrated, Why Big and Bold Product Visions Can Be Dangerous & Why Getting To Product Market Fit by Accident Can Lead to Danger with Hubert Palan, Founder & CEO @ ProductBoard · Jan 29, 2021 · at 30:57
Hubert Palan, Founder and CEO of Productboard, argues that openness about rough quarters helps identify employees focused on the mission versus those joining just for optics.
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“I still like to err on the side of, let's just tell people that things are not going great, and hope that we can fix it. And the people that are gonna leave are likely the people who don't believe in the mission of the company, and who are there maybe because, you know, Sequoia invested, or because, like, yeah, they wanted to be just on the rocket ship that goes up and to the right.”
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