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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 040: The Required Qualities To Be A Great Founder, with Scott Taylor, CEO @ miDrive
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How to Pitch a Top VC with Simon Menashy @ MMC Ventures
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20 VC 038: How Make Connections with VCs and Maximise Employability with Angela Tran Kingyens @ Version One Ventures
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20 VC 037: How To Get a Job at a Startup, Startup Lessons and Brad Feld's 'Open Office Hours' with Tak Lo, Director @ Techstars
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20 VC 036: The Pitching Process: From Email to Term Sheet with Stephan von Perger @ Wellington Partners
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20 VC 035: The Ultimate Marketing Guide for Startups with Jay Acunzo, VP of Platform @ NextView Ventures
2015-05-11
20 VC 034: 250 Investments, AngelList Syndicates and Microsoft with Jon Staenberg
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20 VC 033: The Pros and Cons of Venture Capital, Atomico and Entrepreneurship with Chris Dark, President International @ C2FO
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20 VC 032: Inside Y Combinator with Nicolas Michaelsen, Founder @ AirHelp
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20 VC 031: Investing in Gaming, Luxury Goods and Disruption with Maha Ibrahim, General Partner @ Canaan Partners
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20 VC 030: VC Funds, Angels and IPOs with John Taylor, Head of Research @ NVCA
2015-04-23
20 VC 029: The Potential Upside To A Technology Bubble with TechCrunch's Brandon Lipman
2015-04-20
20 VC 028: Co-Founding TechCrunch and The Benefits of Not Raising Venture Funding with Keith Teare
2015-04-16
20 VC 027: Greg Rogers on Techstars, Mentors and The Potential for Fintech
2015-04-13
20 VC 026: Chris Redlitz on The Importance of People, Pivoting and The Last Mile
2015-04-09
20 VC 025: Finding the Right VC and The Evolution of Summly with John Henderson of White Star Capital
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20 VC 024: Financing Finch with Marc Bernegger of Orange Growth Capital
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20 VC 023: The Recipe for a successful Crowdfunding campaign with Tom Britton
2015-03-30
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