When everything works, you learn the wrong lessons

Nick Huber reflects on business lessons learned, contrasting his earlier overconfidence with the realities of entrepreneurship. He recounts acquiring Somewhere.com, highlighting initial challenges like a name change that impacted SEO and increased competition. Huber admits to "new owner syndrome," overhauling the company and making executive changes, but emphasizes the value of international hiring, particularly for executive roles. He shares strategies for finding global talent, including skills testing and task-based assessments. Huber also critiques the "holdco" model, advocating focus on one core business, and stresses the importance of consistency over short-term intensity. The conversation touches on the current AI hype, with Huber expressing skepticism about its immediate business applications and concerns about energy consumption.