“One of the wonderful things about SAS and B to B is your customers will literally tell you what they want and then pay you money for it when you build it. So if you use this as your north star, build what your customers ask for, it's hard to go around. It's hard. It's very hard to go wrong as an organization.”
quote is from the automated transcript, cleaned for reading:
filler sounds and stutters are removed, nothing is rephrased. names can be misheard
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More from Spenser Skates
Insight
Skates: CEOs must isolate new product teams from mature company processes
“All of those things that help a central product team be successful are huge distractions, ah, for your early innovative team. And so, as a leader, your job is actually to sequester them off from the rest of the organization and protect the team, ah, from those…”
Spenser SkatesNov 15, 2023▶ 14:37Hitting Hypergrowth with Amplitude's CEO, Spenser Skates: Take Your SaaS Company from $25M to $100M+
Insight
Skates: Acqui-hires are a phenomenal mechanism for product innovation at scale
“Aqua hires are actually a really phenomenal method if you're at the scale of a company where you can bring in a bunch of talent. We've done this twice at Amplitude once with ClearBrain and once with Iteratively, and it's been a great success for us.”
Spenser SkatesNov 15, 2023▶ 17:23Hitting Hypergrowth with Amplitude's CEO, Spenser Skates: Take Your SaaS Company from $25M to $100M+
Insight
Skates: Late-Stage Executives Must Hire Other Leaders Rather Than Do Work
“At this stage, you are no longer hiring executives who are doing the work themselves. You are instead hiring executives whose job is to hire other leaders who then do the scaling work and building out the teams.”
Spenser SkatesNov 15, 2023▶ 22:49Hitting Hypergrowth with Amplitude's CEO, Spenser Skates: Take Your SaaS Company from $25M to $100M+
Insight
Skates: Scaling CEOs Must Evaluate Performance Rather Than Lead by Example
“The right way to do it, you don't need to create a set of dashboards to justify that they're good or bad at forecasting. You can just share the feedback, and if they can't fix it, you know, you need to up-level them. And having that confidence in your evaluati…”
Spenser SkatesNov 15, 2023▶ 29:21Hitting Hypergrowth with Amplitude's CEO, Spenser Skates: Take Your SaaS Company from $25M to $100M+
Insight
Skates: Transitioning to Large-Org Executive Is a Founder's Hardest Shift
“Making the mental switch. This is actually the hardest part of changing from an early stage founder to a large organization executives. It is not a natural thing. They're very, very different roles.”
Spenser SkatesNov 15, 2023▶ 3:05Hitting Hypergrowth with Amplitude's CEO, Spenser Skates: Take Your SaaS Company from $25M to $100M+
AssertionNot checkable as stated
Skates: Innovation stalls at 50 engineers without deliberate organizational restructuring
“Almost every CEO that I talk to that goes past about 50 engineers runs into exactly this problem, and they realize they haven't spent enough time on this, so I can't overemphasize it, spending enough time on this.”
Spenser SkatesNov 15, 2023▶ 6:26Hitting Hypergrowth with Amplitude's CEO, Spenser Skates: Take Your SaaS Company from $25M to $100M+
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