I was at Amzn early '00s when we lost 95% of our market cap. Later at FB I negotiated a down-round in '09, and then in '12 our stock dropped 50% post-IPO. I was on the board of a public company that went bankrupt (Borders) and a start-up that went under (Hello). Some lessons:
It’s easy to be a critic or a cheerleader. It’s harder to be a coach.
A critic sees your weaknesses and attacks your worst self. A cheerleader sees your strengths and celebrates your best self.
A coach sees your potential and helps you become a better version of yourself.
• If you're wrong, admit it.
��� If you're confused, ask questions.
• If you're stuck, seek for help.
• If you make mistake, learn from it.
• If you learn something, teach others.
I had an opportunity to spend some time with Steve Jobs towards the end of his life. Over the course of a handful of meetings, he said many things I still remember. He was ruthless, decisive, rude, charming, gracious - sometimes all in the same breath! Here's a few stories:
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About 4 years ago, I started one of the fastest-growing trends in the toy industry: fidget spinners.
I wasn’t the inventor, but I think it is safe to say I commercialized it.
Here’s a thread on how I did it and how you might be able to copy my formula.
My first company @twitch sold for a billion dollars.
My second one lost $75 million in 36 months.
People love talking about success, but today I'm going to talk about failure.
It's time to be honest about Atrium:
Important lessons in your career can come from brief interactions with effective leaders. I had one of those interactions with Charlie Bell at Amazon 20 years years ago, and I've never forgotten it. Here's what happened: