Lessons learned from Flipkart & the early days at Facebook

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Transcript of Lessons learned from Flipkart & the early days at Facebook

Engineering EngineeringDaniel Pepper

Move Fast, Be Bold

• focus on the impact • empower and trust • done is better than perfect

You Are Not Your Code

• own impact, not code • fail fast ≠

Minimize Distractions

• who do you serve? • avoid meetings

Questions?

Daniel Pepper http://dpepper.net

@niket

TEAMS & ADVISORSBuilding culture through people | TheFamily Paris, 2016

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30138.1

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STARTUPS ARE HARD> PG: It’s about being like a cockroach; survival.

> Top reasons startups fail: resources & teams.

> What is a company other than people?

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punchda sample startup team

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WHY STARTUP?

2009 Job Market.

EARLY PUNCHD

@niket We put those crummy buy-10-get-1-free cards on your smartphone.

EARLY PUNCHD

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500 STARTUPS DEMO DAY

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FUNDRAISING

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> Operating in 14 countries> Many users!> 1,000+ businesses> 6 people

BUILDING A BUSINESS

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ELITE TEAMSthey don’t just change the world, they define it

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WHO ARE THESE PEOPLE?

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GOOGLE - 1997/8

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ELITE TEAMS

2012: 50% OF FIRST 20 PEOPLE STILL AT GOOGLE 15 YEARS LATER.

USD $350,000,000,000.00+USD $0

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FLIPKART

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Flipkart in 2015

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HRCULTURE

DEV PROCESS

HIRINGLONGER TERM STRATEGY / ALIGNMENT 75%

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Product might be easier than product company.Hiring and developing elite product (and other functional) talent was the largest challenge faced.

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What is a company but a group of people, anyway?

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COMPANYCOFOUNDERS

TEAMADVISORS

MURKY BUT ESSENTIAL

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COMPANYCOFOUNDERS

TEAMADVISORS

DEFINING YOUR NEEDS

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COMPANYCOFOUNDERS

TEAMADVISORS

COFOUNDER(S)

**Protect yourselves with vesting.

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COMPANYCOFOUNDERS

TEAMADVISORS

TEAM

APPSZOOM

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COMPANYCOFOUNDERS

TEAMADVISORS

Advisors support you & your company to be successful.● They serve as a non-partisan sounding board.● Keep you emotionally stable.● Help you with specific tasks & strategy:

○ recruiting○ investment○ domain knowledge / experience (law, accounting)○ partnerships, deal-making, customer closing○ introductions

WHAT ARE THEY GOOD FOR?

tweet me @niket

THANK YOU

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General Resources

Peter Thiel's CS183 Notes

Venture Hacks Archives

Quora: Startup-recruiting

Evaluating Objectives & Employees

OKR Template

Quora: OKRs

Finding Talent / Recruiting

AngelList People (Find startup-like people)

LinkedIn (Research people!)

Job Templates on Hacker News

Startup Salaries

More Startup Salaries

Cofounders

PG: Having a cofounder is important.

Seth on Finding Cofounders

Investor / Advisor Relations

Company Update Template

Startup Tools by Niket

Good Books on Culture

Work Rules by Lazlo Bock

Delivering Happiness by Tony Hsieh

The Five Dysfunctions of a Team by Patrick Lencioni

RESOURCES