Insight
Yandell: Domain experts are unlikely to deliver 10x breakthrough outcomes
“If you want to achieve a 10 X outcome, hiring someone that's an expert in the field It's maybe unlikely you're gonna achieve that 10 X outcome because they're likely to do things the way things have always been done. So you might achieve incremental benefits, …”
Insight
Yandell: Mandatory dogfooding filters out engineering candidates who lack humility
“It's a great way to weed out people that maybe we wouldn't want to work with, right? Because not everyone wants to, every software engineer wants to hop in their Tesla and go out and deliver McDonald's to some kids. Right. It takes a certain level of humility,…”
Insight
Yandell: Kalanick and Xu mastered the law to challenge conservative lawyers
“I've had the pleasure of working with two founders who are very product driven, product first folks in Travis and Tony. And I found that the way they engage on the legal side is with a curiosity I referenced earlier, which is they're both hyper curious and the…”
Insight
Yandell: Helping reports find their next job prevents unexpected departures
“When you're opening in this, how to work with keep document, I say, I will help you find your next job. And what that means is number one, people are gonna be transparent with you or more transparent if they're looking for something else, or if they're not hap…”
Disclosure
Yandell forwarded General Counsel recruiter pitches to his own deputy
“If I get pinged for a GC job or when I would get pinged by a recruiter for a GC job, I would forward that to Tia Sheringham, who's now our general counsel, but was basically head of legal for years before she got the general counsel title. And I'd say, Hey Tia…”
Assertion Not checkable as stated
Yandell: DoorDash internal surveys showed employees actually prefer operating during crises
“One thing that I found surprising is from our surveys internally, people actually like crises at DoorDash. And I dug into that recently. I was trying to figure out if people like these crises. And it's because there's singularity of focus.”
Assertion Supported
Yandell: Tony Xu cut DoorDash restaurant commissions by $100M before IPO
“Tony made a decision and I admit I was on the wrong side of history. I was arguing that this seemed extreme just to cut commissions by basically a hundred million bucks for restaurants to help them stay in business. And I'm like, hold on, we're trying to go pu…”
Insight
Yandell: Hitting conservative forecasts is worth trading equity dilution for investor trust
“We wanted to make sure that we put forth numbers that we knew we were going to hit. And that cost us some dilution upfront in the form of lower valuations, I think. And there's a trust that builds from that where when we tell people we're going to do something…”
Insight
Yandell: Giving post-interview direct feedback tests candidate interpersonal fit and coachability
“Giving them tough feedback after the interview, if there's an area of concern, but you otherwise like them can be a really great way to see how they would interact with you personally, as well as how they take feedback.”
Assertion Not checkable as stated
Yandell: DoorDash almost went out of business before Series D
“When we raised our series D funding, which was a really tough fundraise for us. We had very little runway left. We almost went out of business and it was a huge relief when we had finally gotten the funding secured.”
Insight
Yandell: Written work product scales organizational culture exceptionally well
“And one thing that Tony taught me is one thing that scales really well is written work product.”
Insight
Yandell: Requiring upward feedback makes giving constructive feedback easier
“If you're, if you Create a space where you require constructive feedback. It's a lot easier to give feedback. One of the top things I hear from managers, especially new managers, they don't like giving constructive feedback. They want to be positive. They want…”
Insight
Yandell: Pulse surveys demotivate employees unless leadership shares concrete actions
“That's one thing I've found that can be really demotivating for folks, whether it's a lot of these companies have these pulse surveys, or they talk about what the company can do better and they put the results on the screen and we're going to work on it. And t…”
Insight
Yandell: Accelerating product roadmaps by one week compounds into lapping competitors
“He understands that by pushing a roadmap up, even by a week, if you can continuously push up what you ship by a week, you're going to end up lapping competitors who are just one week behind, because you're going to start the next thing a week sooner, and you'r…”
Assertion Not checkable as stated
Yandell: DoorDash post-Series D rounds were led by previous pass investors
“After we raised the D almost every round, or I think every round ended up being led by someone who had passed in a previous round.”
Insight
Yandell: Scalable BD platforms beat building bespoke engineering for partnership deals
“Another thing that Rajat's taught me is the importance of building platforms. And whenever you can. So what we used to do is I'd go out and negotiate a deal. We had a lot of deals around DashPass, which is our subscription product. And I'd asked the product te…”
Insight
Yandell: Test partnership theses operationally before expending product engineering resources
“Dream big, start small, use operations to test a thesis around a deal before you actually expend the product resources, I think has been super helpful.”
Insight
Yandell: Consumer product teams must understand regulations to push constraints
“When you're on the product team, especially if you're in a consumer-facing business, it may not be as pronounced for SaaS businesses, but if you're in a consumer-facing business, working on a consumer-facing product, you would better have at least a general un…”
Assertion Supported
Yandell: DoorDash requires all employees to make deliveries quarterly
“We have a program called WeDash where four times a year, all employees are required to go do deliveries.”
Assertion Not checkable as stated
Yandell: DoorDash CEO Tony Xu does customer support every day
“He does support every day.”
Assertion Partly supported
Yandell: DoorDash was in fourth place when he joined as Uber surged
“When I joined DoorDash, we were getting our tails kicked. We were in fourth, fourth place in the space. Uber had just launched food. And rocket to market share leadership.”
Assertion Supported
DoorDash 2x to 3x'd headcount yearly for most of Yandell's tenure
“We were two or three X-ing the company from a headcount perspective for the vast majority of my time every year.”
Insight
Yandell: Forcing leaders to argue the opposing case resolves executive deadlocks
“One thing I found super effective in those contexts is I try to ask the other side. So let's take the profitability side. I asked them to make the growth case. I said, tell me the three best reasons why we should actually focus on growth here. That generates i…”
Assertion Supported
Yandell: Uber used a 'T3/B3' review system requiring 3 constructive critiques
“We had a system called T three B three, where during reviews or pulse check-ins, you'd have to say three, Positives about your manager and three constructive pieces of feedback for your manager.”