Markus Villig: Central Eastern European talent outperforms Silicon Valley hires in loyalty
Markus Villig · Markus Villig, Founder @Bolt: The Most Insane Story in Startups & The Future of Self-Driving| E1225 · 20VC with Harry Stebbings · Nov 13, 2024 · at 1:01:30
Markus Villig is the founder and CEO of Bolt, a global mobility platform originating in Estonia. He explains Bolt's talent acquisition strategy comparing CEE hires to Silicon Valley tech workers.
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“In our experience, what has worked significantly better is, is taking people, especially from central Eastern Europe who are really talented, extremely intelligent, hardworking, good, trustworthy people, but they've just never had the chance to compete at the world scale before. And they've always wanted to, but there was never a company in the region that they could join. And those are the people who've really built the company and they're very loyal. They've grown with the company. They know everything. They've been here for years, and I think it's just completely different mentality than hiring people into Silicon Valley, for example, who oftentimes might move on to the next thing two years later.”
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