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🗓️ 13 January 2025
⏱️ 101 minutes
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0:00.0 | There's an idea in this book where it says Jensen prioritized technical skill and maximum effort above all. |
0:06.1 | And as I was reading, I noticed a lot of similarities between the way Jensen thought and ran his company |
0:10.5 | with the way that Steve Jobs and Jeff Bezos thought and ran their companies as well. |
0:14.8 | In fact, from day one in Jeff Bezos's very first shareholder letter, Jeff wrote about the importance and emphasized |
0:22.3 | the importance of having the very best team. He wrote, setting the bar high and our approach |
0:26.0 | to hiring has been and will continue to be the single most important element of Amazon's success. |
0:32.9 | Jeff's focus on talent is very similar to this quote that I found from Steve Jobs in an interview that |
0:39.5 | Steve gave that very same year in 1997, and this is what Steve Jobs said. He said that I think |
0:44.2 | I've consistently figured out who the really smart people were to hang around with. You must find |
0:48.8 | extraordinary people. The key observation is that in most things in life, the dynamic range |
0:53.8 | between average quality |
0:55.0 | and the best quality is at most two to one. |
0:58.2 | But in the field that I was interested in, I noticed that the dynamic range between what an |
1:02.8 | average person could accomplish and what the best person could accomplish was 50 or 100 to 1, |
1:09.4 | given that you're well advised to go after the cream of the cream. |
1:13.8 | He says you want to build a team that pursues the A plus players. |
1:17.1 | And this is exactly what Ramp did. |
1:19.8 | Ramp has the most talented technical team in their industry. |
1:24.1 | Becoming an engineer at Ramp is nearly impossible. |
1:26.3 | In the last 12 months, they hired |
1:27.7 | only 0.23% of the people that applied. When you use Ramp, you now have top-tier technical |
1:34.7 | talent and some of the best AI engineers working on your behalf 24-7 to automate and improve |
... |
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