Executive Hires: The Case for Extreme Referencing

For CEOs, especially first timers, one of your most difficult tasks will be hiring truly great executives. There is no substitute for experience in hiring. I learned this the hard way as a first time entrepreneur with absolutely no hiring expertise. And yet, after hiring more than 100 people – and making a lot of mistakes – by far my best executive hire was my last one: David Yu, now CEO of Betfair.

The key lesson? If you are a young entrepreneur you need to surround yourself with investors, advisers and executives who are experienced and talented, especially when it comes to hiring other top executives.

An engineer will have a body of work that can be evaluated and tests that can be given. Technical talent can be evaluated for the first 90 days and replaced if they disappoint. … Read More »




From the Blog

Questions about the Apple Car and a Controversial Approach

 

 

Like the vast majority of people who like nice things, I love Apple products for their great design.  I am a car guy generally, and...

Consolidating AppleID (itunes ID), MobileMe ID, and iCloud ID

As regular readers will know, I’ve switched back to iOS from Android with some mixed feelings.  However, I am excited about Yosemite and the...

A Startup CEO’s Guide to Burn Rates and Vaporization

 

The alarm has sounded.  A three-alarm fire, with alarms named Bill, Fred and Marc.  Burn rates are too high, change course or risk the...