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

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

Business:Investing

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

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

2024-11-25
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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 with the latest price, a whopping $14.5BN. 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: Why does Jason believe that the most effective leaders are dictators when it comes to strategy? 

2. The Untold Moments Behind Scaling to $14.5BN:

  • 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? 




view more

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20 VC 083: 500 Startups Week: New Funds, Startup Mentoring and Dave's Masterplan with Marvin Liao, Partner @ 500 Startups
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20 VC 082: 500 Startups Week: Growth Hacking 101: How To 10x Your Conversion with Matt Lerner, Head of Distro Dojo London
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20 VC FF 018: Brian Wong, Founder @ Kiip on Raising $30m in VC Funding by 24
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20 VC 081: From YC to VC with Weston Gaddy @ Bain Capital Ventures
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20 VC 080: How VCs Can Differentiate Themselves with Patricia Nakache, General Partner @ Trinity Ventures
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20 VC 017: BETAWORKS WEEK: Kuan Huang, Founder @ Poncho
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20 VC 079: BETAWORKS WEEK: East vs West Coast Investing with Peter Rojas, EIR @ Betaworks, Co-Founder @ Weblogs & Engadget
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20 VC 078: BETAWORKS WEEK: Matt Hartman, Director of Seed Investments @ Betaworks
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FF 016: Chad Fowler, CTO @ Wunderlist, App Of The Year 2013
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20 VC 077: Part 2: Kamal Ravikant: The Future Of Venture Capital
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20 VC 077: PART 1: Kamal Ravikant: 'I'm Not Your Traditional VC'
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FF 015: Y COMBINATOR WEEK: Eric Glyman, Co-Founder & CEO @ Paribus
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20 VC 076: Y COMBINATOR WEEK: Aaron Harris, Partner @ YC
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20 VC 075: Y COMBINATOR WEEK: Kirsty Nathoo, CFO @ Y Combinator
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FF 014: Making Great Founders, Idea Creation and The First 100 Days Of A Startup with Alice Bentinck, Co-Founder @ Entrepreneur First
2015-09-25
20 VC 074: The Future of Healthcare with Bob Kocher, Partner @ Venrock
2015-09-23
20 VC 073: Life Inside Accel Partners with Michael Treskow @ Accel
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FF 013: 'Make Bets And Believe In What You Are Doing' with James Borow @ Shift & Brand Networks
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20 VC 072: Super Angel, Fabrice Grinda: The Future of Startup Investing
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20 VC 071: Pre-Seed Investing, Why Now Is The Best Time with Nicholas Chirls @ Notation Capital
2015-09-14
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