“All of the smart engineers are working on like, you know, million dollar NFTs to sell, which I, and I love web three and NFTs, and I think it's the coolest technology in opportunity in the world. It's just the early applications are a little bit underwhelming.”
quote is from the automated transcript, cleaned for reading:
filler sounds and stutters are removed, nothing is rephrased. names can be misheard
(the analysis reads context, assessments check outside sources). how →
More from Daniel Yanisse
Disclosure
Yanisse: Checkr has fired over 20 failed executive hires
“I think I hired over 20 plus, I kind of stopped counting leaders over time and that didn't work out for one reason or another after some time.”
Daniel YanisseJul 2, 2022▶ 5:49Daniel Yanisse: Biggest Mistakes Founders Make in the Hiring Process | 20VC #903 · 20VC with Harry Stebbings
Insight
Yanisse: 25% to 50% of executive hires fail at any company
“I think between one and two and one in four executives don't really work out in any company.”
Daniel YanisseJul 2, 2022▶ 6:20Daniel Yanisse: Biggest Mistakes Founders Make in the Hiring Process | 20VC #903 · 20VC with Harry Stebbings
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Yanisse: Give underperforming executives 3 to 6 months to course-correct
“You do need to give them some time and, you know, also founders, I would say suck at giving feedback. There's many reasons why For some days it's hard to give, you know, constructive feedback to senior leaders, but you do need to give them feedback to talk abo…”
Daniel YanisseJul 2, 2022▶ 11:15Daniel Yanisse: Biggest Mistakes Founders Make in the Hiring Process | 20VC #903 · 20VC with Harry Stebbings
Insight
Yanisse: Behavior change is nearly impossible without a coach or therapist
“I think no one can improve on their own. It's almost impossible. Even if you're very self-aware, you need a friend to improve, whether it's like a therapist in life or a coach at, or in a professional setting, I do think you need others to help you. Otherwise …”
Daniel YanisseJul 2, 2022▶ 19:05Daniel Yanisse: Biggest Mistakes Founders Make in the Hiring Process | 20VC #903 · 20VC with Harry Stebbings
Insight
Yanisse: Saying you lack time for a CEO coach is nonsense
“Many people tell me that they don't have the time to spend time with a CEO, with a coach. I think that's BS because having a coach helps you better prioritize your time be more effective as a leader.”
Daniel YanisseJul 2, 2022▶ 21:07Daniel Yanisse: Biggest Mistakes Founders Make in the Hiring Process | 20VC #903 · 20VC with Harry Stebbings
Opinion
Yanisse: Most board meetings fail to add value and create excess burden
“Many board meetings, it's not adding value. It's actually, you know, Creating more burden and work for the leadership team and the CEO.”
Daniel YanisseJul 2, 2022▶ 26:15Daniel Yanisse: Biggest Mistakes Founders Make in the Hiring Process | 20VC #903 · 20VC with Harry Stebbings
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