Guest: Rachel Pike, COO at Modern Treasury
Payment operations startup Modern Treasury is not afraid to do things in “our own weird way,” says COO Rachel Pike. Its values statement is a 150 word essay, it has gone viral by writing about nerdy ACH payments minutiae, and it has an unusual rule for quarterly internal reviews: No slides. Instead, departments have to write one to two page essay, which are packaged together and then shared company-wide, and with the board. In previous jobs, Rachel laments, she and her coworkers would waste time “pushing pixels” around 50-slide decks. “It [the essay] actually takes more thinking and less hours to put together a summary of, ‘where have we been?’” she says.
In this episode, Rachel and Joubin discuss the state of San Francisco, the value of tradition, hunger to learn, the Draper Fisher Jurvetson split, the opportunity cost of staying put, HIPAA and startups, two-entrepreneur households, career transition coaching, “try before you buy” hiring, learning to be remote, the downside of grasping, and fixing inequalities in compensation.
In this episode, we cover:
Links:
#134 Chief Bizdev Officer at Uber, Jen Vescio: Buy, Build, or Partner
#133 CEO Palo Alto Networks, Nikesh Arora: Create Certainty
#132 Former 49ers Quarterback Alex Smith and Former Warriors Guard Shaun Livingston: Hard Steps
#131 Golden State Warriors Forward Andre Iguodala: The Sixth Man
#130 Former Vice President Al Gore: Relentless
#129 CRO Zapier, Giancarlo “GC” Lionetti: Recheck, Rebalance
#128 Former COO and Corporate Officer at Stripe, Claire Hughes Johnson: Scaling People
#127 CEO Intuit Mailchimp, Rania Succar: Consistent Inner Equilibrium
#126 CRO Gem, Lesley Young: Hard Yards
#125 CRO Starburst, Javier Molina: Reading Cues
#124 Founding CRO at Procore, Dennis Lyandres: Defining "Winning"
#123 CEO GitHub, Thomas Dohmke: Open-Source Values
#122 President and Board Member at Freshworks, Dennis Woodside: What If This Goes Really Well?
#121 Founder and Co-CEO Brex, Henrique Dubugras: Pivot or Else
#120 Chairman & CEO ServiceNow, Bill McDermott: Full Speed Ahead
#119 Co-founder and CEO Gong, Amit Bendov: No Royalty
#118 Dean of Stanford GSB, Jonathan Levin: Innovation Engines
#117 Co-founder and COO Cloudflare, Michelle Zatlyn: A Better Internet
#116 Grit Recap: 9 Intersections of Personal and Professional
#115 Executive Board Member at SAP, Scott Russell: Chief Optimist Officer
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