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20VC: Discord's Jason Citron on Why Everything We are Taught About Hiring & Management is BS | Do Richer Founders & Gamer Founders Make Better Founders? | Never Before Told Moments Behind Scaling to 200M Users

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20VC: Discord's Jason Citron on Why Everything We are Taught About Hiring & Management is BS | Do Richer Founders & Gamer Founders Make Better Founder…

FromThe Twenty Minute VC (20VC): Venture Capital | Startup Funding | The Pitch


UNLIMITED

20VC: Discord's Jason Citron on Why Everything We are Taught About Hiring & Management is BS | Do Richer Founders & Gamer Founders Make Better Founder…

FromThe Twenty Minute VC (20VC): Venture Capital | Startup Funding | The Pitch

ratings:
Length:
51 minutes
Released:
Nov 25, 2024
Format:
Podcast episode

Description

Jason Citron is the Co-Founder and CEO of Discord, a voice, video and text platform for friends playing games. Jason has raised $1BN for the company and was able to scale to 200M users. Prior to co-founding Discord, Jason founded OpenFeint, the biggest social mobile gaming platform, which sold to GREE in 2011 for $104 million. In Today’s Episode with Jason Citron We Discuss:  1. Leadership Lessons That are Total BS: Hiring: Why does Jason believe hiring experienced executives is the worst thing you can do for your company? What did he learn by doing it? Culture: Why does Jason believe that empowerment and alignment are total BS? How does Jason empower people when they are told what to do vs choose what to do? Strategy: What does Jason believe is the most effective way to drive and implement the strategy?  2. The Untold Moments Behind Scaling to 200M Users: Why did Jason offer to give investors their money back at one point? What was the hardest round to raise and why? Why did Jason turn down the chance to sell to Microsoft for $12BN?  What one single change in how Jason communicated with the first 100 users changed the trajectory of the entire company? What do most founders think they know about product market fit that they do not? 3. The Makings of a Unicorn Founder: Does Jason believe that richer founders make better founders? Why does Jason believe that entrepreneurs who play video games have a higher chance of being successful in the future? What single trait does Jason believe he has that has made him such a successful founder? Does Jason ever have imposter syndrome? When? 
Released:
Nov 25, 2024
Format:
Podcast episode

Titles in the series (100)

The Twenty Minute VC takes you inside the world of Venture Capital, Startup Funding and The Pitch. Join our host, Harry Stebbings and discover how you can attain funding for your business by listening to what the most prominent investors are directly looking for in startups, providing easily actionable tips and tricks that can be put in place to increase your chances of getting funded. Although, you may not want to raise funding for a startup. The Twenty Minute VC also provides an instructional guide as to what it takes to get employed in the Venture Capital industry, with VCs giving specific advice on how to get noticed from the crowd and increasing your chances of employment. If that wasn't enough our amazing Venture Capitalists also provide their analysis of the current technology market, providing advice and suggestions on the latest investing trends and predictions. Join us so you can see how you can get BIG, powerful improvements, fast. Would you like to see more of The Twenty Minute VC, head on over to www.thetwentyminutevc.com for more information on the podcast, show notes, resources and a more detailed analysis of the technology and Venture Capital industry.