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Gustav Söderström

👤 Speaker
588 total appearances

Appearances Over Time

Podcast Appearances

Invest Like the Best with Patrick O'Shaughnessy
Gustav Söderström - How Spotify Thinks - [Invest Like the Best, EP.424]

But you're not going to be always right, even with good ideas. And I heard him say this, Jeff Bezos quote, I judge you by the inputs you had, not the outputs. Because the problem with judging the outputs is you could just get lucky and you get promoted, even though you're not very good, just by luck. Whereas if you look at the inputs, just give more chances.

Invest Like the Best with Patrick O'Shaughnessy
Gustav Söderström - How Spotify Thinks - [Invest Like the Best, EP.424]

But you're not going to be always right, even with good ideas. And I heard him say this, Jeff Bezos quote, I judge you by the inputs you had, not the outputs. Because the problem with judging the outputs is you could just get lucky and you get promoted, even though you're not very good, just by luck. Whereas if you look at the inputs, just give more chances.

Invest Like the Best with Patrick O'Shaughnessy
Gustav Söderström - How Spotify Thinks - [Invest Like the Best, EP.424]

If they're structured ideation and execution, eventually you're going to get right. So I just got more chances. And that made me actually take more risk instead of scaling down on the risk. But I felt very, very, very burned for a long time. There are jokes internally about moments.

Invest Like the Best with Patrick O'Shaughnessy
Gustav Söderström - How Spotify Thinks - [Invest Like the Best, EP.424]

If they're structured ideation and execution, eventually you're going to get right. So I just got more chances. And that made me actually take more risk instead of scaling down on the risk. But I felt very, very, very burned for a long time. There are jokes internally about moments.

Invest Like the Best with Patrick O'Shaughnessy
Gustav Söderström - How Spotify Thinks - [Invest Like the Best, EP.424]

What a powerful story and mindset for us all to adopt. Such a great closing story, Gustav. Thanks so much for your time. Thanks for having me. If you enjoyed this episode, visit joincolossus.com where you'll find every episode of this podcast complete with hand edited transcripts.

Invest Like the Best with Patrick O'Shaughnessy
Gustav Söderström - How Spotify Thinks - [Invest Like the Best, EP.424]

What a powerful story and mindset for us all to adopt. Such a great closing story, Gustav. Thanks so much for your time. Thanks for having me. If you enjoyed this episode, visit joincolossus.com where you'll find every episode of this podcast complete with hand edited transcripts.

Invest Like the Best with Patrick O'Shaughnessy
Gustav Söderström - How Spotify Thinks - [Invest Like the Best, EP.424]

You can also subscribe to Colossus Review, our quarterly print, digital, and private audio publication featuring in-depth profiles of the founders, investors, and companies that we admire most. Learn more at joincolossus.com slash subscribe.

Invest Like the Best with Patrick O'Shaughnessy
Gustav Söderström - How Spotify Thinks - [Invest Like the Best, EP.424]

You can also subscribe to Colossus Review, our quarterly print, digital, and private audio publication featuring in-depth profiles of the founders, investors, and companies that we admire most. Learn more at joincolossus.com slash subscribe.

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