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A SoftBank-backed founder says startups and public companies need 'fundamentally different people'
- Johannes Reck, CEO of GetYourGuide, states startups and public companies require different types of individuals.
- Reck mentions that those successful at big tech firms like Meta or Google may not excel in a startup setting.
- Different skill sets are needed for different company stages, such as Series A to C versus pre-IPO or billion-dollar revenue public firms.
- Reck founded GetYourGuide in 2009, offering curated travel experiences in 12,000 cities.
- GetYourGuide has secured over $1 billion in funding from investors like KKR and Softbank.
- The Berlin-based company has 500+ employees and focuses on core product-market fit.
- Startups require more agile, opinionated, and entrepreneurial individuals, while mature firms need structured managers.
- Early-stage startups emphasize shipping and quick iterations, while established companies concentrate on managing teams and creating roadmaps.
- Reck and Aravind Srinivas highlight the importance of hiring the right talent for specific growth phases.
- Srinivas warns against hiring overqualified individuals from major companies for startup roles.
- Startups demand high motivation and adaptability, traits that might dwindle in individuals who have already achieved significant success in their careers.
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