HubSpot Co-Founder Brian Halligan on How to Hire Great VPs and How M&A Really Works
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Episode description
The success rate for executive hires at high-growth SaaS companies can be surprisingly low - you're often lucky if 50-60% of your management team works out long-term. In a recent conversation between HubSpot Chairman and co-founder Brian Halligan and SaaStr Founder and CEO Jason Lemkin, they shared their advice on what actually works when hiring VPs and building your SaaS executive team. And a deep dive on how tech acquisitions really work. 00:00 Introduction and Overview 00:27 Insights on Management Teams 01:16 Hiring Practices and Lessons Learned 03:10 Refining the Hiring Process 04:22 Challenges with External Hires 08:30 Homegrown Talent vs. External Hires 16:05 Importance of Product Knowledge 19:04 The Decline of Traditional Hiring Practices 20:39 The Impact of Remote Work on Productivity 21:34 The Role of AI in Future Workplaces 22:25 The Changing Work Ethic of Founders 23:57 Challenges in Building High-Intensity Teams 24:48 The Reality of Acquisition Offers 26:18 The Importance of Strategic Partnerships 33:08 The Human Element in M&A Decisions 35:08 Final Thoughts and Farewell Want to join the SaaStr community? We're the 🌎largest community for B2B software. Subscribe for weekly updates: https://www.saastr.com/subscribeform Twitter: https://twitter.com/saastr LinkedIn: https://www.linkedin.com/company/2724976 Quora Group: https://www.quora.com/q/cloud Facebook: https://www.facebook.com/SaaStr/ Instagram: https://www.instagram.com/saastr/ Our North American Event: https://bit.ly/2OXeAYh Our European Event: https://bit.ly/2OZTad8
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