Gaurav Kapadia: belief

Transcript context

…How do you hire to stop your company from becoming too soft or too complacent? Everyone wants smart people. There’s a lot of competition in finance, also from the tech world. Yes, I would say it has to start with the founder. One of the things about many organizations — this could happen to any professional service organization, investment firm, or law — is the top gets lazy, so that culture seeps all the way through. The number one thing you have to do is keep the rope tight. We have this cultural mantra around rigor and kindness. We keep that always. If I ever slow down, everyone will see it. The number one thing I do is surround myself with people who will tell me the truth to make sure that if I am slowing down, they will say, “Hey, you have to remember the commitment we all made to each other,” and keep that energy high. The other thing is, I think too many investment firms select purely by resume and financial modeling skills, and GPA. I think obviously that’s important, but David Chang has this amazing concept — This is Chef David Chang, the Momofuku David Chang?…

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