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Vlad Loktev: belief

1 Sept 2024 Lenny's Podcast Airbnb’s Vlad Loktev on embracing chaos, inquiry over advocacy, poking the bear, and “impact, impact, impact” (Partner at Index Ventures, Airbnb GM/VP Product)

“As an operator, I've loved taking bets on people who are maybe earlier in their career who have energy, who have drive, and who are deeply thoughtful and deeply resonant with the mission that we're working on. Because at the end of the day, strategy changes, orgs change, teams change, everything changes all the time, and the one constant I think is actually the mission.”

— Vlad Loktev

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Everything needed to verify it.

Speaker
Vlad Loktev
Attribution
Verified speaker
Claim type
belief
Recorded
1 Sept 2024
Publisher
Lenny's Podcast

Transcript context

…Awesome. Anything else along these lines around org design or hiring they think is really important or has [inaudible 01:00:46] Hiring, the one thing that is universal for me and always has been is mission over domain expertise. Basically, mission over domain expertise, mission over skills. I think that if you have that raw horsepower and you're deeply... You just love the mission so much, you can build whatever skills are necessary for the job. As an operator, I've loved taking bets on people who are maybe earlier in their career who have energy, who have drive, and who are deeply thoughtful and deeply resonant with the mission that we're working on. Because at the end of the day, strategy changes, orgs change, teams change, everything changes all the time, and the one constant I think is actually the mission. And when gets really, really hard when your company almost collapses, like we did during COVID, the thing that gets you through those hard times is the mission. If you don't have mission, you don't believe in the mission, you lose meaning in your day to day and you start to disengage from the company. So, I think that's actually the most important thing. So what I'm hearing there is potentially if you're just hitting it at your job or you think it's just not going anywhere, it might be that you don't actually care that much about what the company's trying to do in the mission, and maybe there's not a lot that can change for you to actually be happy there because you don't actually care. Fascinating. Something that I wanted to come back to real quick, a lot of your advice comes back to impact, impact above all else, drive impact, focus comes back to what is the most important thing to do. Something that I think about a lot is how do you be successful within a company, and one of the levers is go to a place and a team that is driving impact. Do you have any advice there around just where you're best suited to be successful within an org, coming at it from or impact is most happening?…

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