💡

InsightHunt

Hunt the Insights

L

Lauren Ipsen

Episode #181

Talent Partner

General Catalyst

🚀Career & Leadership👥Team & Culture

📝Full Transcript

13,962 words
Lauren Ipsen (00:00:00): Regardless of whether or not you're hiring, you should always be keeping a pulse on the market. That is the most important thing. And I think that should be the case for both candidates and folks that are hiring. Like, you never want to put yourself in a position where you have no idea what good looks like, whether that's from a company standpoint or from a candidate standpoint. So, both parties should always be having a good understanding of which companies are thriving, which individuals are building great things and are well known commodities in their organizations and get great references. Lauren Ipsen (00:00:35): Oftentimes, I encourage founders to simply chat with what good looks like and get a really good sense of what benchmark candidate profiles could be, and who knows where that person will be in a year or what have you, but staying really, really close to really great people and using them from an advising capacity or getting them ingrained in some type of involvement in the product prior to actually having that specific need, I think, is really important. Lenny (00:01:05): Welcome to Lenny's Podcast. I'm Lenny and my goal here is to help you get better at the craft of building and growing products. Today my guest is Lauren Ipsen. Lenny (00:01:15): One of the most important skills for founders and senior product leaders to develop is the ability to hire great people. You won't be able to build the best company or the best product if you can't hire the best people. And Lauren is one of the most experienced and successful people in the world when it comes to hiring product leaders. She's placed over 80 senior product leaders across tech companies and has worked with some of the biggest companies out there. When I asked a bunch of really smart product leaders who their favorite product recruiter was, Lauren's name came up a ton. Lenny (00:01:46): In our conversation, we get super tactical about what founders need to do to find th...

💡 Key Takeaways

  • 1Don't hire a CPO when you need a 'Head of Product'; title inflation creates misalignment in early-stage startups.
  • 2Founders should 'calibrate' what good looks like by networking with top talent even when they aren't actively hiring.
  • 3For PM careers, breadth of experience (platform, growth, core product) is more valuable than hyper-specialization for future leadership roles.
  • 4The 'Instagram vs. Tagged Photos' analogy: Official references are the curated feed; backchannels are the reality.
  • 5A major red flag is a leader who blames engineering or other departments for missed deliverables instead of owning the outcome.

📚Methodologies (3)

🚀 Career & Leadership

A strategy for defining the exact 'flavor' of product leader needed based on the company's current constraints rather than brand prestige. It involves rigorous pre-search calibration to define mandates and avoid premature C-level titling.

Core Principles

  • 1.Define the Mandate: Determine if you need a builder (0-to-1), a scaler, or a visionary—rarely all three at once.
  • 2.Calibrate First: Spend time with 'best-in-class' leaders simply to understand benchmarks before opening a role.
  • 3.Title Agnosticism: Use 'Head of Product' for early hires to leave room for future C-level growth or layering.
  • +1 more...

"Just because this is the best talent, that doesn't necessarily mean they are the best talent for this role today."

#stage-appropriate#calibration#career
View Deep Dive →
👥 Team & Culture

A rigorous approach to vetting candidates by prioritizing backchannel feedback over provided references. It treats the resume as a curated social media feed and seeks the 'tagged photos'—the unpolished truth from peers and direct reports.

Core Principles

  • 1.The Instagram vs. Tagged Photos Analogy: Provided references are the 'Reel'; backchannels are the reality.
  • 2.Probe for the 'Pause': When asking 'Would you hire them again?', a hesitation speaks louder than the answer.
  • 3.Validate Ownership: Verify if they actually drove the initiative or just 'rode the wave' of a successful company.
  • +1 more...

"It's similar to an Instagram Reel as opposed to the photos you're tagged in. That's the way I think of it."

#'unfiltered#reality'#reference
View Deep Dive →
🚀 Career & Leadership

A proactive methodology for both founders and PMs to build relationships years before a transaction occurs. It involves low-pressure 'advisory' chats and maintaining relevance without an immediate 'ask'.

Core Principles

  • 1.Engage Without Agenda: Founders should ask top talent for advice, not interviews, to flatter and build rapport.
  • 2.Show Up & Follow Up: Attend events where targets are; track their vesting schedules not to poach, but to align timing.
  • 3.Leave Things Better: PMs must ensure they leave every role with clear, positive impact to safeguard future backchannels.
  • +1 more...

"Regardless of whether or not you're hiring, you should always be keeping a pulse on the market."

#'long-game'#network#seeding
View Deep Dive →