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Zach Perret

👤 Person
462 total appearances

Appearances Over Time

Podcast Appearances

The Twenty Minute VC (20VC): Venture Capital | Startup Funding | The Pitch
20VC: Why Founder Mode is Dangerous & Could Encourage Bad Behaviour | Why Fundraising is a Waste of Time & OKRs are BS | Why Angel Investing is Bad for Founders to Do and the VC Model is on it's Last Legs with Zach Perret @ Plaid

Now that we're getting later into the company and as we're going to these more specialized fields, finding someone that's been a machine learning fraud engineer for 20 years, they're going to make a huge difference on your fraud product. You just have to filter for mindset. You have to filter for hustle.

The Twenty Minute VC (20VC): Venture Capital | Startup Funding | The Pitch
20VC: Why Founder Mode is Dangerous & Could Encourage Bad Behaviour | Why Fundraising is a Waste of Time & OKRs are BS | Why Angel Investing is Bad for Founders to Do and the VC Model is on it's Last Legs with Zach Perret @ Plaid

Now that we're getting later into the company and as we're going to these more specialized fields, finding someone that's been a machine learning fraud engineer for 20 years, they're going to make a huge difference on your fraud product. You just have to filter for mindset. You have to filter for hustle.

The Twenty Minute VC (20VC): Venture Capital | Startup Funding | The Pitch
20VC: Why Founder Mode is Dangerous & Could Encourage Bad Behaviour | Why Fundraising is a Waste of Time & OKRs are BS | Why Angel Investing is Bad for Founders to Do and the VC Model is on it's Last Legs with Zach Perret @ Plaid

You have to filter for the values that we actually really think are important within the company. And so we've shifted our thoughts on experience quite a lot. We do still want this balance, though. We're in financial services. We want a 70-30 split. 70% of people on our team should not have come from financial services. 30% should have.

The Twenty Minute VC (20VC): Venture Capital | Startup Funding | The Pitch
20VC: Why Founder Mode is Dangerous & Could Encourage Bad Behaviour | Why Fundraising is a Waste of Time & OKRs are BS | Why Angel Investing is Bad for Founders to Do and the VC Model is on it's Last Legs with Zach Perret @ Plaid

You have to filter for the values that we actually really think are important within the company. And so we've shifted our thoughts on experience quite a lot. We do still want this balance, though. We're in financial services. We want a 70-30 split. 70% of people on our team should not have come from financial services. 30% should have.

The Twenty Minute VC (20VC): Venture Capital | Startup Funding | The Pitch
20VC: Why Founder Mode is Dangerous & Could Encourage Bad Behaviour | Why Fundraising is a Waste of Time & OKRs are BS | Why Angel Investing is Bad for Founders to Do and the VC Model is on it's Last Legs with Zach Perret @ Plaid

You have to filter for the values that we actually really think are important within the company. And so we've shifted our thoughts on experience quite a lot. We do still want this balance, though. We're in financial services. We want a 70-30 split. 70% of people on our team should not have come from financial services. 30% should have.

The Twenty Minute VC (20VC): Venture Capital | Startup Funding | The Pitch
20VC: Why Founder Mode is Dangerous & Could Encourage Bad Behaviour | Why Fundraising is a Waste of Time & OKRs are BS | Why Angel Investing is Bad for Founders to Do and the VC Model is on it's Last Legs with Zach Perret @ Plaid

sometimes you get really annoyed with a search that's been going on for a long time. And you're like, I just need to hire someone. And sometimes that's actually true. And often that will lead you to make a mistake. But let's imagine I'm an early stage company. I can't find the right accountant, but I just need an accountant. At some point, you're actually right.

The Twenty Minute VC (20VC): Venture Capital | Startup Funding | The Pitch
20VC: Why Founder Mode is Dangerous & Could Encourage Bad Behaviour | Why Fundraising is a Waste of Time & OKRs are BS | Why Angel Investing is Bad for Founders to Do and the VC Model is on it's Last Legs with Zach Perret @ Plaid

sometimes you get really annoyed with a search that's been going on for a long time. And you're like, I just need to hire someone. And sometimes that's actually true. And often that will lead you to make a mistake. But let's imagine I'm an early stage company. I can't find the right accountant, but I just need an accountant. At some point, you're actually right.

The Twenty Minute VC (20VC): Venture Capital | Startup Funding | The Pitch
20VC: Why Founder Mode is Dangerous & Could Encourage Bad Behaviour | Why Fundraising is a Waste of Time & OKRs are BS | Why Angel Investing is Bad for Founders to Do and the VC Model is on it's Last Legs with Zach Perret @ Plaid

sometimes you get really annoyed with a search that's been going on for a long time. And you're like, I just need to hire someone. And sometimes that's actually true. And often that will lead you to make a mistake. But let's imagine I'm an early stage company. I can't find the right accountant, but I just need an accountant. At some point, you're actually right.

The Twenty Minute VC (20VC): Venture Capital | Startup Funding | The Pitch
20VC: Why Founder Mode is Dangerous & Could Encourage Bad Behaviour | Why Fundraising is a Waste of Time & OKRs are BS | Why Angel Investing is Bad for Founders to Do and the VC Model is on it's Last Legs with Zach Perret @ Plaid

Yeah, you actually do just need an accountant. Chances are that hire that you're going to make is not the right one. And you have to dig yourself out of that later. So usually it's been the, I really actually just need this job to get done for a little while. And I know I'm going to have to go back and fix it later, but that's okay. How do you feel about

The Twenty Minute VC (20VC): Venture Capital | Startup Funding | The Pitch
20VC: Why Founder Mode is Dangerous & Could Encourage Bad Behaviour | Why Fundraising is a Waste of Time & OKRs are BS | Why Angel Investing is Bad for Founders to Do and the VC Model is on it's Last Legs with Zach Perret @ Plaid

Yeah, you actually do just need an accountant. Chances are that hire that you're going to make is not the right one. And you have to dig yourself out of that later. So usually it's been the, I really actually just need this job to get done for a little while. And I know I'm going to have to go back and fix it later, but that's okay. How do you feel about

The Twenty Minute VC (20VC): Venture Capital | Startup Funding | The Pitch
20VC: Why Founder Mode is Dangerous & Could Encourage Bad Behaviour | Why Fundraising is a Waste of Time & OKRs are BS | Why Angel Investing is Bad for Founders to Do and the VC Model is on it's Last Legs with Zach Perret @ Plaid

Yeah, you actually do just need an accountant. Chances are that hire that you're going to make is not the right one. And you have to dig yourself out of that later. So usually it's been the, I really actually just need this job to get done for a little while. And I know I'm going to have to go back and fix it later, but that's okay. How do you feel about

The Twenty Minute VC (20VC): Venture Capital | Startup Funding | The Pitch
20VC: Why Founder Mode is Dangerous & Could Encourage Bad Behaviour | Why Fundraising is a Waste of Time & OKRs are BS | Why Angel Investing is Bad for Founders to Do and the VC Model is on it's Last Legs with Zach Perret @ Plaid

Obviously, PG's essay went completely viral. How did you feel about it? I was surprised how viral it went, and it clearly struck a nerve for a lot of people. So I think there's a lot of aspects of it that are really good. Why were you surprised by how viral it went? It's just the speed of it. Every Founder chat I'm in, we're talking about it.

The Twenty Minute VC (20VC): Venture Capital | Startup Funding | The Pitch
20VC: Why Founder Mode is Dangerous & Could Encourage Bad Behaviour | Why Fundraising is a Waste of Time & OKRs are BS | Why Angel Investing is Bad for Founders to Do and the VC Model is on it's Last Legs with Zach Perret @ Plaid

Obviously, PG's essay went completely viral. How did you feel about it? I was surprised how viral it went, and it clearly struck a nerve for a lot of people. So I think there's a lot of aspects of it that are really good. Why were you surprised by how viral it went? It's just the speed of it. Every Founder chat I'm in, we're talking about it.

The Twenty Minute VC (20VC): Venture Capital | Startup Funding | The Pitch
20VC: Why Founder Mode is Dangerous & Could Encourage Bad Behaviour | Why Fundraising is a Waste of Time & OKRs are BS | Why Angel Investing is Bad for Founders to Do and the VC Model is on it's Last Legs with Zach Perret @ Plaid

Obviously, PG's essay went completely viral. How did you feel about it? I was surprised how viral it went, and it clearly struck a nerve for a lot of people. So I think there's a lot of aspects of it that are really good. Why were you surprised by how viral it went? It's just the speed of it. Every Founder chat I'm in, we're talking about it.

The Twenty Minute VC (20VC): Venture Capital | Startup Funding | The Pitch
20VC: Why Founder Mode is Dangerous & Could Encourage Bad Behaviour | Why Fundraising is a Waste of Time & OKRs are BS | Why Angel Investing is Bad for Founders to Do and the VC Model is on it's Last Legs with Zach Perret @ Plaid

Within the company, multiple people brought it up to me. I brought it up to our exec team. It was just this really fast set of conversations. Did you not find it obvious? I think it's going to be one of the blog posts that is the most misused and actually causes a lot of the worst behavior in startups for a long time.

The Twenty Minute VC (20VC): Venture Capital | Startup Funding | The Pitch
20VC: Why Founder Mode is Dangerous & Could Encourage Bad Behaviour | Why Fundraising is a Waste of Time & OKRs are BS | Why Angel Investing is Bad for Founders to Do and the VC Model is on it's Last Legs with Zach Perret @ Plaid

Within the company, multiple people brought it up to me. I brought it up to our exec team. It was just this really fast set of conversations. Did you not find it obvious? I think it's going to be one of the blog posts that is the most misused and actually causes a lot of the worst behavior in startups for a long time.

The Twenty Minute VC (20VC): Venture Capital | Startup Funding | The Pitch
20VC: Why Founder Mode is Dangerous & Could Encourage Bad Behaviour | Why Fundraising is a Waste of Time & OKRs are BS | Why Angel Investing is Bad for Founders to Do and the VC Model is on it's Last Legs with Zach Perret @ Plaid

Within the company, multiple people brought it up to me. I brought it up to our exec team. It was just this really fast set of conversations. Did you not find it obvious? I think it's going to be one of the blog posts that is the most misused and actually causes a lot of the worst behavior in startups for a long time.

The Twenty Minute VC (20VC): Venture Capital | Startup Funding | The Pitch
20VC: Why Founder Mode is Dangerous & Could Encourage Bad Behaviour | Why Fundraising is a Waste of Time & OKRs are BS | Why Angel Investing is Bad for Founders to Do and the VC Model is on it's Last Legs with Zach Perret @ Plaid

And I think for the people that truly get to the level of having all the contacts that he does, then it'll actually be a huge unlock for a lot of these people. The reason I think it's going to be misused is a few fold. First is, one way to read it is to deeply undervalue great execs. And I think that that's totally wrong. The second way to read it is the founders should micromanage everything.

The Twenty Minute VC (20VC): Venture Capital | Startup Funding | The Pitch
20VC: Why Founder Mode is Dangerous & Could Encourage Bad Behaviour | Why Fundraising is a Waste of Time & OKRs are BS | Why Angel Investing is Bad for Founders to Do and the VC Model is on it's Last Legs with Zach Perret @ Plaid

And I think for the people that truly get to the level of having all the contacts that he does, then it'll actually be a huge unlock for a lot of these people. The reason I think it's going to be misused is a few fold. First is, one way to read it is to deeply undervalue great execs. And I think that that's totally wrong. The second way to read it is the founders should micromanage everything.

The Twenty Minute VC (20VC): Venture Capital | Startup Funding | The Pitch
20VC: Why Founder Mode is Dangerous & Could Encourage Bad Behaviour | Why Fundraising is a Waste of Time & OKRs are BS | Why Angel Investing is Bad for Founders to Do and the VC Model is on it's Last Legs with Zach Perret @ Plaid

And I think for the people that truly get to the level of having all the contacts that he does, then it'll actually be a huge unlock for a lot of these people. The reason I think it's going to be misused is a few fold. First is, one way to read it is to deeply undervalue great execs. And I think that that's totally wrong. The second way to read it is the founders should micromanage everything.