Mayur Kamat: belief

Transcript context

…You've got 24 hours. Yes, and people did it. It's extremely interesting to see that when you have really smart people, you give them really hard problems, you have no constraints on what can you need to solve them, whether it's money, people, except time. Time is always at a premium. People can move mountains in a small amount of time. That extreme ownership culture, I think, probably was the most fascinating part of working at Binance that I've now tried to take. There's some good parts of it in terms of attention to detail, being able to pick certain areas and own it, irrespective of what your title is and how many people report to you. There are certain downsides in terms of the amount of randomization that it can cost teams, especially if it's not super well-thought through. I'm trying to see what are the great parts of that that I can bring to different roles, but that concept of daily meeting, if there's something super urgent, how can you own it directly and run it yourself, where you are in the details so your team knows that they need to be in the details, and then be able to execute that. That's probably the most fascinating. There's several war stories. I was there for two years and the amount of interesting stories that happened during that time is a lot, but then, maybe I can follow up later if you have specific questions there. I would love to hear a war story. This is definitely as interesting as I was expecting it to be. Just what I'm hearing so far is just things that worked well for them to operate at this insane pace and scale is the entire leadership team meeting every single day, 11:00 PM your time. Hopefully, at better times for other folks around the world.…

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