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Gustaf Alströmer: observation

2 Mar 2023 Lenny's Podcast Lessons from working with 600+ YC startups | Gustaf Alströmer (Y Combinator, Airbnb)

“In Ukraine for example or in Eastern Europe, it's very common that if they start their own startup, they actually have a full-time job as a contractor while they're starting the startup because that's how you pay the bill because often you can't raise money.”

— Gustaf Alströmer

Source trail

Everything needed to verify it.

Speaker
Gustaf Alströmer
Attribution
Verified speaker
Claim type
observation
Recorded
2 Mar 2023
Publisher
Lenny's Podcast

Transcript context

…There's a success story. Gustaf Alströmer I mean, I would say it's certainly the case that in some countries people have other jobs while they start the startups, so like the engineers. In Ukraine for example or in Eastern Europe, it's very common that if they start their own startup, they actually have a full-time job as a contractor while they're starting the startup because that's how you pay the bill because often you can't raise money. And that's fine too. Amazing. That's some hustle. This episode is brought to you by Pando, the always on employee performance platform. How much do you love the performance review process? Yeah, it's time-consuming, subjective, biased, and there's rarely any transparency. With the rapid shift to distributed work, it's a struggle to create the structure and transparency that you want to help your employees have the highest impact and growth in their careers. Pando is disrupting the old paradigm of performance management, including a continuous employee-centric approach so employees stay engaged, see their progression in real time, and know exactly when and how they can level up. With Pando, managers can leverage competency-based frameworks to effectively coach and develop their teams and align on consistent growth standards resulting in higher quality feedback and higher performing teams. Visit pando.com/lenny for more info and get a special discount when you sign up and reference this podcast. That's pando.com/lenny. I want to zoom out a little bit and ask another big question and see what answer you have for this. If you just think about the most successful startups in YC or even just the companies you worked with, if you had to pick just one or two attributes of what's most common across successful companies, what would that be?…

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