20VC: Notion's Founder on "Founder Mode": When it Works & When it Doesn't | Why The Way Startups Fundraise & Construct Boards is Broken | Raising at a $10BN Valuation in Peak Bubble Times and How Notion Has More Money Than Ever Before with Akshay Kothari
This podcast episode delves into Akshay's innovative perspectives on organizational structures through the lens of "founder mode," emphasizing a shift from traditional approaches to a more agile, product-driven model exemplified by Notion. He provides valuable insights on hiring practices, the significance of cashflow positivity, and the importance of maintaining a disciplined spending approach. Akshay discusses the evolving nature of product strategies in a competitive market, the need for excellence fostered by partnerships like Sequoia Capital, and the unique coaching-style board composition at Notion. Ultimately, Akshay highlights the necessity of understanding one’s origin story and the implications of societal trends like the "Tiktokification" of social media on creativity versus consumption.