E1072 Ask Jason: Growing as a leader, consumer SaaS pricing tips, bull markets post-COVID & more

TL;DR

Remote work is becoming more prevalent, prompting companies to consider new strategies for growth and success in a changing business landscape.

Transcript

okay it's Jason I'm here at home working from home during the coronavirus and we've got a lot of amazing questions today I just want to start out the podcast by saying we're thinking about the protests and justice here in America it's obviously heartbreaking to see what we've seen and it's also inspiring to see us maybe coming to some realization t... Read More

Key Insights

• 💦 Remote work presents opportunities for companies to hire talent from outside their immediate location, potentially lowering costs and increasing diversity.
• 🥺 The acceleration of remote work may lead to a shift in the real estate market, as people seek to move away from congested cities.
• 💥 Telemedicine and remote conferencing software are booming industries that showcase the potential of remote work.
• 🥺 The move to remote work may increase efficiency and profitability for companies, leading to monetary velocity and economic growth.
• 🏃 Hybrid models that combine in-person and remote work are likely to become more common in the future.
• 😤 The success of remote work relies on effective management and clear communication between team members.
• 😤 Software applications such as Slack, Notion, and Zoom are integral to the success of remote teams.

Questions & Answers

Q: Is Uber still a high-growth company?

While the current management structure at Uber may limit its growth potential compared to a founder-led company, it is still considered a high-growth stock with the potential to outperform others in the market.

Q: How should a creative studio expand its network outside of its immediate VC connections?

To reach startups outside of their VC network, the studio should consider offering resources and partnerships that go beyond traditional accelerator programs. They should carefully evaluate applicants based on their ability to execute, rather than just having ideas.

Q: What is the right pricing strategy for a consumer service?

Offering reasonable subscription pricing, such as $5 per month or $60 per year, can attract customers and reduce churn. It is also important to pay attention to the value customers are receiving and provide updates and communication about new features.

Q: What is the leadership style of Jason Calacanis and how has it evolved?

In his early days, Jason was known for being demanding and focused on high standards. Over time, he has become more selective in hiring individuals who are motivated and resourceful, leading to a more efficient and successful team.

Q: How should a founder manage a remote team effectively?

Managers should establish clear expectations and communication channels, such as Slack or other collaboration tools. Periodic check-ins and monitoring of progress are important, but micromanaging should be avoided. Trusting the team to deliver results is key.

Summary & Key Takeaways

• The podcast discusses the current state of affairs in America, including the protests and need for rethinking policing.

• Questions are answered regarding Uber's growth prospects, the pricing for consumer businesses, and strengths and weaknesses of leaders.

• Key insights include the impact of remote work on hiring and talent acquisition, the potential for innovation in various industries, and the importance of effective leadership.