
Don't Die of Heart Disease
During my "hiatus" I've been doing research in a variety of different areas that interest me. After a personal experience with basal c...
The Deal
Founders have little to no diversification. They are all in on one idea, company, and mission. It's an insanely high-risk, high-reward endeavor. As founders become increasingly wary of this level of risk concentration, they begin to think about ways to mitigate it. One idea I've heard repeatedly is the notion that a group of founders can self-assemble and contribute a percentage of their equity in their company to a shared pool. That way, if they fail and one of the other founders in the grou...

Sequoia Wants It Hard
I have seen a lot of young first-time founders play it fast and loose in their fundraising processes the past several years. It’s been frothy times, so I think it brings out a lot of strange behavior. It got me thinking of when I was a young founder and the things I’d do, particularly one specific story that I tell people when I get asked “what not to do” when fundraising. Back in 2010 Steve and I launched GroupMe to much fanfare. It got a lot of attention out the gate because we built it at ...

Don't Die of Heart Disease
During my "hiatus" I've been doing research in a variety of different areas that interest me. After a personal experience with basal c...
The Deal
Founders have little to no diversification. They are all in on one idea, company, and mission. It's an insanely high-risk, high-reward endeavor. As founders become increasingly wary of this level of risk concentration, they begin to think about ways to mitigate it. One idea I've heard repeatedly is the notion that a group of founders can self-assemble and contribute a percentage of their equity in their company to a shared pool. That way, if they fail and one of the other founders in the grou...

Sequoia Wants It Hard
I have seen a lot of young first-time founders play it fast and loose in their fundraising processes the past several years. It’s been frothy times, so I think it brings out a lot of strange behavior. It got me thinking of when I was a young founder and the things I’d do, particularly one specific story that I tell people when I get asked “what not to do” when fundraising. Back in 2010 Steve and I launched GroupMe to much fanfare. It got a lot of attention out the gate because we built it at ...


A couple months ago I started working on a new product with my friend, colleague, and head of engineering from my last company, Avi.
We are building something we want to use.
We need to go as fast as possible, and I want you to help us.
Here’s what I am looking for:
Potential
Insane work ethic and grit
Obsession with consumer products and AI
A love of building things
There is no job title. But here is what’s going to happen:
At first, I am going to tell you what to do. That might mean setting up data and analytics infrastructure. Researching pricing plans. Building a notifications system. Prototyping a new feature. Assembling desks in an office. You are going to help me get more done and do things I don’t want to do. No room for ego about this.
Then I will start asking you to solve open-ended problems and pursue ambiguous opportunities. How do we figure out a certain acquisition channel? What else should we test to really “wow” our customers?
Then, because you have a track record of getting things done, you will come to me with those open-ended opportunities, and you’ll be responsible for making them happen. That might mean ownership over a certain function(s) or product surface area.
After all is said and done, this should be the steepest part of your learning curve in your career. You will get more responsibility than you thought you could handle, and you will be able to draw a direct line between the things you did and our collective success.
You will likely go on to either start your own company or do venture capital (I hope you’ll start your own company and let me invest in it).
The last person I did this with was Kevin Zhang at my last company. He did everything, and he did it damn well. We hired him full-time when he was still in college. He eventually became our first head of product, and then became a GP at Bain Capital Ventures. This was also the same opportunity that was provided to me in 2009 when I graduated college and joined tumblr. Since then I’ve founded and exited two companies, groupme and fundera, and joined my favorite VC firm, Union Square Ventures, as a Venture Partner.
If you’re ready to dive into the deep end and learn to swim, shoot me a note at jaredhecht@gmail.com. Please include a link to your online presence so I can get a sense of who you are, show me anything you’ve built before, and let me know the 2-3 accomplishments you are most proud of.
A couple months ago I started working on a new product with my friend, colleague, and head of engineering from my last company, Avi.
We are building something we want to use.
We need to go as fast as possible, and I want you to help us.
Here’s what I am looking for:
Potential
Insane work ethic and grit
Obsession with consumer products and AI
A love of building things
There is no job title. But here is what’s going to happen:
At first, I am going to tell you what to do. That might mean setting up data and analytics infrastructure. Researching pricing plans. Building a notifications system. Prototyping a new feature. Assembling desks in an office. You are going to help me get more done and do things I don’t want to do. No room for ego about this.
Then I will start asking you to solve open-ended problems and pursue ambiguous opportunities. How do we figure out a certain acquisition channel? What else should we test to really “wow” our customers?
Then, because you have a track record of getting things done, you will come to me with those open-ended opportunities, and you’ll be responsible for making them happen. That might mean ownership over a certain function(s) or product surface area.
After all is said and done, this should be the steepest part of your learning curve in your career. You will get more responsibility than you thought you could handle, and you will be able to draw a direct line between the things you did and our collective success.
You will likely go on to either start your own company or do venture capital (I hope you’ll start your own company and let me invest in it).
The last person I did this with was Kevin Zhang at my last company. He did everything, and he did it damn well. We hired him full-time when he was still in college. He eventually became our first head of product, and then became a GP at Bain Capital Ventures. This was also the same opportunity that was provided to me in 2009 when I graduated college and joined tumblr. Since then I’ve founded and exited two companies, groupme and fundera, and joined my favorite VC firm, Union Square Ventures, as a Venture Partner.
If you’re ready to dive into the deep end and learn to swim, shoot me a note at jaredhecht@gmail.com. Please include a link to your online presence so I can get a sense of who you are, show me anything you’ve built before, and let me know the 2-3 accomplishments you are most proud of.
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4 comments
i’m hiring https://jared.xyz/dive-into-the-deep-end
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