Sharp folks from across the First Round community share the small habits that great managers do, including delivering feedback with care, opening up about failure, and sending praise up the chain.
How I Created A $350 Million Software Company Knowing Nothing About Software – TechCrunch
I’ve always wanted to make a lot of money, have people pay a lot of attention to me and do a lot of exciting things. I just never knew how. Many of my friends who are founders of their own companies tell me how they exhibited the entrepreneurial spirit as a kid -- they sold candy out of their backpacks, had a landscaping business during the summer, etc. They created value and learned the virtues of hard work early on. But that wasn’t me.
At Basecamp, we treat our company as a product. It's not a rigid thing that exists, it's a flexible, malleable idea that evolves. We aren't stuck with what we have, we can create what we want. Just as we improve products through iteration, we iterate on our company too. Recently, we've made some internal company changes, which, taken i...
Last week, I watching some talks on Youtube and came across one that stood out to me. Keith Rabois introduces the concept of barrels and ammunition, which I thought was a really clever way to view organizations...
In 2005, I cofounded Y Combinator, the first "accelerator." Today there are hundreds of them all over the world, but in 2005 what we were doing was so unusual that most people in Silicon Valley...
When hiring a team, we tend to favor the geniuses who hatch innovative ideas, but overlook the butterflies, the crucial ones who share and implement them. Here’s why it’s important to be both smart AND social. *** In business, it’s never enough to have a great idea. For any innovation to be successful, it has […]
How Craigslist's Founder Realized He Sucked as a Manager
In 1995, Craig Newmark started sending an email to a few friends. That missive led to one of the most important--and profitable--internet companies of all time. An exclusive, in-depth conversation with the founder of Craigslist.
Two Worlds: So Much Prosperity, So Much Skepticism
The demand for forecasts grows after a surprise. It’s quite an irony. Surprises make you feel like you’re not in control, which is when it feels best to grab the wheel with both hands, listening to those who tell you what happens next despite being blindsided by what just happened. That’s where we are with Covid and the economy. Ten months after the surprise of our lifetimes, everyone wants a clear map of the future. Who wins? Who loses? When will travel recover? Will work be the same? Have we learned our lesson? But the most important economic stories don’t require forecasts; they’ve alrea...