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This quote from Joe Lonsdale (#venturecapitalist and Addepar founder) during an interview on the My First Million podcast is a great encapsulation of hiring for an early stage startup vs a later stage or more established company... "When we talk about lessons from Peter Thiel, I think one of the most important ones I've seen from him, that I've definitely taken to heart and what I've done, is I'd much rather hire for talent and ambition and hard work than hire for expertise. There are exceptions. If you have a company that's already really working and already really scaling and there's a machine that has to be run, you want to hire the guy who knows how to run the machine. That's the operator who knows what they're doing already. But before you've actually built the machine... you want to hire for raw IQ and hard work and just iterating and figuring it out. That's a different skill set than the people who run the machines." #hiring #startup #startups
