Hackett: Leaders should share information only when employees can act on it
Matt Hackett · Casey Neistat and Matt Hackett on Live Video's Struggle for Interestingness · Y Combinator · Nov 1, 2017 · at 47:55
Matt Hackett, co-founder and CTO of Beme, discusses why founders should withhold unconfirmed M&A talks from engineering teams.
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“My, Feeling about all this, and just this is a general thing, being a manager, executive, founder, is you should give people as much information as possible. You really should try and be transparent. If that information is actionable, if it can actually cause them to Do something. Create a new venture. Build a new tool. Build something that will actually have an impact on it. There is zero you can do as an engineer on our team if I say we're talking to CNN and these six other companies about potentially being acquired. All that does is make you panic and go, okay paralysis.”
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