Progress
topic on 6 shows · 9 statements across 7 episodes
the Y Combinator Startup Podcast 
the Knowledge Project 
Lenny's Podcast 
Capital Allocators 
Top Founders 
All-In
9 statements about Progress, every show
Housel: Chronic Discontentment Is the Root Driver of All Societal Progress
“That is the root of all progress, is that the majority of people wake up every morning and say, this is not enough.”
Housel: Ambition fuels societal progress but traps individuals on a hamster wheel
“That's the seed of all innovation, is people waking up and saying, not enough. We need bigger, better. That's great. But the individual level, it puts you on a hamster wheel forever.”
Derek Thompson: Progress means eliminating pain and expanding human agency
“One definition that I've used for myself is, is that progress is the elimination of pain and the increase in power for the most people, right? How do you find a way to reduce pain and increase power? Which is another way of saying agency.”
Product leaders must actively merchandise progress to maintain team motivation
“And so there's a lot of research around progress begetting progress and how progress is a source of motivation. And so as product leaders, we have to merchandise progress. We have to be the steward of this narrative.”
Shah: Visible progress is the only way to maintain team morale
“So in my opinion, I think that the only way to maintain morale is to make progress. I think that no speech, no sort of extrinsic You know motivators, like we're gonna give everybody some free crypto to keep them motivated about it or something like that really…”
Friedberg: Prioritizing equity over progress will cause decades of ripple effects
“And here we are, we want to give up progress, and we want to get equity. And it's going to cause a real ripple effect that's going to last for decades.”
All 44 Kinvey employees remained following the Progress Software acquisition
“Everyone has stayed, and we're actually now, we've gotten more people from Progress on board. We've actually hired more people. We're actually closer to about 65, 70 now, actually.”
Progress paid Kinvey shareholders at close, avoiding earnouts for retention
“I thought the thing that they did really well was treat the investors and the stock option holders as part of a payout on deal close, and then really be thoughtful about how to retain employees with retention mechanisms, like things like RSUs, employee bonuses…”