Jonah Peretti CEO and Founder of BuzzFeed with Will Porteous, RRE Ventures discuss the entrepreneurial beginnings of Buzzfeed
An honest take on founder success
A fascinating match-up; Jonah Peretti and Will Porteous talks history and entrepreneurship from the complementary perspectives of the Founder and original financier of Buzzfeed respectively. A starkly honest discussion, Peretti is clear on how much luck and circumstances plays into his success – the two draw out an interesting view that most entrepreneurs will succeed by being passionate about their field and finding something in that to grow a business, whereas in contrast, the investor mindset is to assess the trends across fields and choose which field will be the next big wave to hit.
Photo: Jonah Peretti – success realist and media genius – discusses founding and running Buzzfeed at Techweek New York, 2015
“The [disruption] wave always breaks much later, and hits faster than you think… and a few well positioned companies always reap the majority of the spoils”
Among other tasty tidbits, Jonah lays out his philosophy for hiring greatness:
- Look for someone with brilliance in one area rather than mediocre at many
- Cultural fit really matters!
- On the other hand, diversity is important to bring in new perspectives, and…
- … when you reach a later stage, you will need to bring in experience – folks that have done it before