20VC: Lessons from Mark Zuckerberg, Keith Rabois & Tobi Lütke | Why Remote is a Bad Idea for 90% of Companies | The Framework for How Shopify Builds Product Today | What Humans Get Wrong About Marriage and Kids with Kaz Nejatian, COO @ Shopify

The Twenty Minute VC (20VC): Venture Capital | Startup Funding | The Pitch

Kaz Nejatian is Shopify’s VP of Product & Chief Operating Officer. Before Shopify, Kaz founded Kash, a payment technology company which was acquired in 2017 by one of the largest fintech companies in the U.S. Kaz then served as Product Lead for Payments and Billing at Facebook, reducing the barriers for businesses in cash-dependent markets to purchase digital ads without a credit card.

In Today's Episode with Kaz Nejatian We Discuss:

1. Learnings From the Greats:

• Mark Zuckerberg: What are Kaz's biggest lessons from working with Zuck? Why does Kaz believe Zuck is massively under-appreciated?
• Keith Rabois: What are Kaz's biggest lessons from working with Keith? How did it change how he operates on a day to day basis?
• Tobi Lütke: What have been Kaz's biggest lessons from working with Tobi? What has he changed most significantly since working with Tobi?

2. Shopify: Why We Build Our Own Tools:

• Why does Kaz believe it is crucial for Shopify to build their own tools?
• When did he doubt this strategy most? What caused him to question it?
• Why does Kaz believe the Stripe Shopify partnership is the most important in business?
• What is the role of a PM at Shopify?
• Why do Shopify focus on how not what product is built?

3. Eight Truths The Startup World Gets Wrong:

1. Why does Kaz believe "The Lean Startup" has done more damage than any other startup book?
2. Why does Kaz believe that 90% of companies do not know what they want when they hire?
3. Why does Kaz believe the way that companies pay their staff is totally wrong?
4. Why does Kaz believe that most companies pick fights they do not need to pick?
5. Why does Kaz believe that for 90% of companies remote work is a terrible idea?
6. Why does Kaz believe that everyone in sales and marketing should be able to code?
7. Why does Kaz believe that married people with kids are more, not less productive?
8. Why does Kaz believe that we totally misunderstand divorce rates?