Chapter
Peter Thiel's Approach to Hiring People Without Industry-Specific Experience
30:01 - 35:30 (05:28)
Peter Thiel, co-founder of PayPal and Palantir, had a tendency to hire people without experience in the industry that the business operated in, which may seem counterintuitive. However, this allowed for the development of versatile utility players who could adapt to changing contexts and take on specialized roles as the organization grew.
Clips
The podcast discusses Peter Thiel's investment style, where he invests in people who have potential that others don't see yet and enjoys investing in things that others don't realize yet.
30:01 - 31:37 (01:36)
Summary
The podcast discusses Peter Thiel's investment style, where he invests in people who have potential that others don't see yet and enjoys investing in things that others don't realize yet.
ChapterPeter Thiel's Approach to Hiring People Without Industry-Specific Experience
Episode#600: Jason Portnoy of PayPal, Palantir, and More — Porn Addiction, The Corrosiveness of Secrets, Healing Wounds, Escaping Shame Cycles, and Books to Change Your Life
PodcastThe Tim Ferriss Show
In this podcast, Peter Thiel talks about the success of the PayPal diaspora and why they went on to start several successful companies like SpaceX, Tesla, Yelp, and more.
31:38 - 33:12 (01:34)
Summary
In this podcast, Peter Thiel talks about the success of the PayPal diaspora and why they went on to start several successful companies like SpaceX, Tesla, Yelp, and more. He attributes their success to the identification of latent talent and general ability in individuals during the hiring process.
ChapterPeter Thiel's Approach to Hiring People Without Industry-Specific Experience
Episode#600: Jason Portnoy of PayPal, Palantir, and More — Porn Addiction, The Corrosiveness of Secrets, Healing Wounds, Escaping Shame Cycles, and Books to Change Your Life
PodcastThe Tim Ferriss Show
In early stage startups, it is common for executives to lack experience in the specific industry they are in, and instead be a good all-around utility player until the organization scales and more specialized roles can be hired.
33:12 - 35:30 (02:17)
Summary
In early stage startups, it is common for executives to lack experience in the specific industry they are in, and instead be a good all-around utility player until the organization scales and more specialized roles can be hired.