The First Five Hires Of This $10 Billion Business
Y Combinator
12 min, 14 sec
Anu Hariharan interviews Tomer London, co-founder and CPO of Gusto, discussing the company's first hires and the establishment of its culture.
Summary
- Tomer London shares experiences hiring the first five team members at Gusto, emphasizing the importance of growth mindset and cultural fit.
- Gusto's first hire was a designer who brought a user-centric approach and willingness to work beyond traditional role boundaries.
- The second hire, a software engineer, contributed significantly to the development methodology, including pair programming practices.
- The third hire added deep experience in taxes and payroll, important for Gusto's compliance and product advice.
- Subsequent hires were also engineers, sourced from Hacker News, who continued to shape Gusto's growth-oriented and collaborative culture.
Chapter 1
Anu Hariharan introduces herself and her guest, Tomer London, discussing his background and Gusto's origins.
- Anu Hariharan is a managing director at Y Combinator working with growth stage companies.
- Tomer London, co-founder and CPO of Gusto, joins the conversation.
- Gusto, part of Y Combinator's Winter 2012 cohort, provides businesses with HR solutions and has grown to over 2000 employees.
Chapter 2
Tomer London discusses the first hire at Gusto, a designer named Davey, and his vital role in shaping the product's user experience.
- Davey, the first non-founding team member, was crucial for developing a great user experience, a key differentiator for Gusto.
- He possessed a full-stack mentality, willing to go beyond traditional design responsibilities, setting a precedent for future hires.
Chapter 3
The second hire was a software engineer named Steven who significantly influenced Gusto's software development practices.
- Steven's skill set included coding, problem-solving, and developing a methodology for building software.
- He was a proponent of pair programming, which became an integral part of Gusto's engineering culture.
Chapter 4
The third hire added much-needed tax and payroll expertise to the Gusto team, filling a gap in the founding team's skill set.
- Steven, the third hire, had decades of experience in taxes and payroll, complementing the technical team.
- He moved from Minnesota to California, embracing Gusto's culture and contributing to compliance, product decisions, and customer care.
Chapter 5
Subsequent hires were engineers who contributed to Gusto's diverse skill set and embodied the company's focus on growth mindset.
- Engineers were hired through Hacker News posts, focusing on technical skills and a growth-oriented mindset.
- Creating a great workplace was a priority, reflected in the hiring process and the company's mission.
Chapter 6
Tomer London explains how Gusto's unique no-shoes policy and emphasis on a home-like environment became a core part of its culture.
- Gusto's no-shoes policy started in the founders' home and continued as the company grew, contributing to a familial company culture.
- Colorful, branded socks became a fun part of Gusto's identity, symbolizing the company's relaxed and welcoming atmosphere.
Chapter 7
Anu thanks Tomer for his insights and extends an invitation to listeners to join Gusto or explore other startup opportunities.
- Anu Hariharan concludes the interview by thanking Tomer London for sharing his experiences.
- Listeners are encouraged to apply for roles at Gusto or explore the Y Combinator job board for opportunities at startups.
More Y Combinator summaries
How Much Equity to Give Your Cofounder - Michael Seibel
Y Combinator
A detailed guide on allocating equity to co-founders, emphasizing motivation, negotiation, and the use of vesting periods as a safeguard.
Michael Seibel - Building Product
Y Combinator
A comprehensive exploration of product development and company growth strategies by Michael Seibel, CEO of Y Combinator.
How to Get Your First Customers | Startup School
Y Combinator
Gustav Alströmer from Y Combinator discusses strategies for startups to move from talking to users to acquiring their first customers.
Startup Business Models and Pricing | Startup School
Y Combinator
A comprehensive guide on business models and pricing strategies for startups, featuring key insights from Y Combinator's successful companies.
Co-Founder Mistakes That Kill Companies & How To Avoid Them
Y Combinator
The video discusses the critical role of a co-founder in a startup's success and the common pitfalls to avoid when selecting one.
What Makes The Top 10% Of Founders Different? - Michael Seibel
Y Combinator
The speaker discusses key traits that separate the top 10% of founders from the rest based on interactions with over 2,500 founders in 13 YC batches.