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Lenny's Podcast / episode intelligence

A founder’s guide to crisis management | Uri Levine (Waze co-founder, serial entrepreneur)

16 Feb 2025 18 published claims 2 attributable people

Speakers in the public record

Claim mix

belief 6evaluation 5recommendation 3commitment 2prediction 2

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Every row below preserves an exact excerpt. Identified speakers are linked; unresolved voices are labeled and excluded from people counts.

Claim ledger

The useful parts, with receipts.

18 published records

01 / evaluation

Many startups I've invested in like Sprig, Ellamy and ClassDojo use Rippling because it's a force multiplier for lean teams, helping them eliminate major headaches and operate their business more efficiently.

“Many startups I've invested in like Sprig, Ellamy and ClassDojo use Rippling because it's a force multiplier for lean teams, helping them eliminate major headaches and operate their business more efficiently.”
Speaker
Lenny Rachitsky
Publisher
Lenny's Podcast

02 / belief

I think that's extra important because somebody will do that probably and compete with you and put you out of business, and it's better that you do that first.

“I think that's extra important because somebody will do that probably and compete with you and put you out of business, and it's better that you do that first.”
Speaker
Lenny Rachitsky
Publisher
Lenny's Podcast

03 / belief

I heard of cases that you basically say our underlining assumptions didn't work out and our thesis is wrong and therefore we would like to return the investors their money.

“I heard of cases that you basically say our underlining assumptions didn't work out and our thesis is wrong and therefore we would like to return the investors their money.”
Speaker
Uri Levine
Publisher
Lenny's Podcast

07 / commitment

We decided in the management meeting that this is what we're going to do. And if push come to shovel, then we will do the next step and the next step and the next step.

“We decided in the management meeting that this is what we're going to do. And if push come to shovel, then we will do the next step and the next step and the next step.”
Speaker
Uri Levine
Publisher
Lenny's Podcast

08 / belief

I think you even said that, it created so many crisis across so many companies you were involved with, helped you realize a lot of companies and founders are just not prepared.

“I think you even said that, it created so many crisis across so many companies you were involved with, helped you realize a lot of companies and founders are just not prepared.”
Speaker
Lenny Rachitsky
Publisher
Lenny's Podcast

10 / commitment

End of the day, recent years have demonstrated major significant crisises throughout the world, from Covid to interest rate, to inflation, to wars. And then I realized that wait a minute, this is something that I haven't spoke about during my first book and it's time to write a new edition to that or a new chapter that will be added into the new release.

“End of the day, recent years have demonstrated major significant crisises throughout the world, from Covid to interest rate, to inflation, to wars. And then I realized that wait a minute, this is something that I haven't spoke about during my first book and it's time to write a new edition to that or a new chapter that will be added into the new release.”
Speaker
Uri Levine
Publisher
Lenny's Podcast

11 / recommendation

Now you might want to decide, no, we're going to keep on running full steam ahead until we hit the wall because by that we increase the likelihood that we will have enough velocity to bypass the wall.

“Now you might want to decide, no, we're going to keep on running full steam ahead until we hit the wall because by that we increase the likelihood that we will have enough velocity to bypass the wall.”
Speaker
Uri Levine
Publisher
Lenny's Podcast

14 / prediction

Way smaller. So what happened here is that you realize that, okay, this is not forever, so ski is going to come back but we don't know how long and therefore we assume that it's going to be for two seasons until it's coming back, until 2022.

“Way smaller. So what happened here is that you realize that, okay, this is not forever, so ski is going to come back but we don't know how long and therefore we assume that it's going to be for two seasons until it's coming back, until 2022.”
Speaker
Uri Levine
Publisher
Lenny's Podcast

15 / prediction

The second one, which is even more significant, is that you lost product market fit. And that might happen, it might happen because of regulations, because of competition, because of something dramatic happened that there is no more value into your product.

“The second one, which is even more significant, is that you lost product market fit. And that might happen, it might happen because of regulations, because of competition, because of something dramatic happened that there is no more value into your product.”
Speaker
Uri Levine
Publisher
Lenny's Podcast

16 / recommendation

One other thing that you might want to do is actually tell the people that we will be running out of cash in two month. And number one, I want you to help me even if we run out of cash because there are good chances that we eventually will be able to raise capital and recover that.

“One other thing that you might want to do is actually tell the people that we will be running out of cash in two month. And number one, I want you to help me even if we run out of cash because there are good chances that we eventually will be able to raise capital and recover that.”
Speaker
Uri Levine
Publisher
Lenny's Podcast

17 / recommendation

So the entire journey from scratch. And if you answer yes to all of those, so you have the very significant value proposition and you think that you have something that is going to accelerate you dramatically because of the know-how, the technology, the team, then the next thing that you're going to do is validate it with the team.

“So the entire journey from scratch. And if you answer yes to all of those, so you have the very significant value proposition and you think that you have something that is going to accelerate you dramatically because of the know-how, the technology, the team, then the next thing that you're going to do is validate it with the team.”
Speaker
Uri Levine
Publisher
Lenny's Podcast

18 / evaluation

" No, this is how you create dissatisfaction with the team and you would reduce costs because some people would leave because of that, not because of lack of coffee, but because of inability to determine and to make hard decisions.

“" No, this is how you create dissatisfaction with the team and you would reduce costs because some people would leave because of that, not because of lack of coffee, but because of inability to determine and to make hard decisions.”
Speaker
Uri Levine
Publisher
Lenny's Podcast
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