Founders must beware investor candidate referrals who optimize for broader networks
Chris Cordell · #99 Kris Cordle: Releasing the Ego · Dec 22, 2020 · at 18:55
Former Slack and Twitter executive Kris Cordle explains the hidden incentives and conflicts of interest when startup founders hire from venture capital networks.
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“And there can be this danger though, and that you have this investor and you know that they're just interested in your success, right? That's Success for you, success for them. However, they also have this other network and this other group of people that they are trying to please. So they've got this guy who was like, oh, this job, and they're like, oh, I can quickly put him in this puzzle piece of your company. And like, oh, this guy's great. Yeah, hire, hire him. You know, he's amazing. But, you know, you have to realize that they are kind of, they're playing both sides in a way in terms of their network.”
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