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Usually when you hire more engineers, you actually don't get that much more done, you actually sometimes get less done.

Keith Rabois

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Keith Rabois
Age: 55
Born: 1969
Born: March 17
Businessperson
Executive Management
Investor
Edison Township
Less
Done
Sometimes
Much
Hire
Engineers
Usually
Actually

More quotes by Keith Rabois

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The people that work with you should generally come up with their own initiatives.
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When you start a company everything is going to feel like a mess. And it really should. If you have too much process, too much predictability, you are probably not innovating fast enough and creatively enough.
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Being a venture capitalist to me is like being more of a psychologist. So if you come to my office we have two chairs with a table in the middle. And we sit down and it's like, Tell me your problems.
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You should have a 1-on-1 roughly every 2 weeks.
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Building a company is basically taking all the irrational people you know... Putting them in one building and then living with them 12 hrs a day at least.
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Possibly the most important thing you do is actually edit the team.
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It's easy to shortcut when you get busy explaining the why's of the world, but it's very important to try.
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If the Martians took over eBay it would take 6 months for the world to notice.
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Transparency people talk a lot about, it's a goal everybody ascribes to but when push comes to shove, very few people actually adhere to it.
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Don't accept the excuse of complexity. A lot of people will tell you, this is too challenging, this is too complicated, yeah well I know other people simplify but that's not for me, this is a complicated business. They're wrong. You can change the world in 140 characters.
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You want to start with the objective of everything should feel exactly the same.
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Ultimately, I don't believe that you can build a company without a lot of effort, and that you need to lead by example.
Keith Rabois
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If people start going to a desk, some one individual employees desk and they don't report to them... it's a sign that they believe that person can help them. So if you see that consistently, those are your barrels. Just promote them, give them more opportunity as fast as you can.
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You are not going to do most of the work. You shouldn't be doing most of the work... and the way you get out of doing most of the work, is you delegate.
Keith Rabois
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Most people, most great people even are ammunition. But what you need in your company are barrels. You can only shoot through the number of unique barrels you have, so that's how the velocity of your company improves... is by adding barrels, and then you stock them with ammunition and then you can do a lot.
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The agenda should be crafted by the employee who reports to the manager not the manager.
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The most important job of an editor is simplify, simplify simplify, and that usually means omitting things.
Keith Rabois
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I don't believe ever in shared office spaces. Peter talks a little bit about this, every good startup is a cult. It's very hard to create a cult if you're sharing space with people.
Keith Rabois
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The next thing you do is allocate resources.
Keith Rabois
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Any executive, any CEO should not have 1 management style. Your management style needs to be dictated by your employee.
Keith Rabois