Building a world-class team

At Kognic, we're committed to fostering a world-class team and company culture—our principles include transparency, performance, trust, and rapid iteration. We address the principal-agent problem by aligning goals and risk preferences, nurturing a culture inclusive of gender and ethnicity but exclusive in determination and vision.

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Building Extremely Valuable Companies

I write a lot about building companies. At one point in the past, I wrote: "If you care about raising a huge round from a top-tier VC, then you need to make very deliberate choices." In this post, I dig deeper into what I’ve learned about what such deliberate choices might look like.

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The energy to keep going

I spend a lot of time evaluating people. What makes someone get up in the morning? What drives them? I believe smart people who are prepared to work hard will always be able to make a living in a peaceful democracy. And for most people, that’s enough. A job, a family, and the joy of everyday things. I respect that, and I understand that. Some, however, for some reason, need more. Who are these people?

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How do you run a company when you have no idea what to expect?

The best way to operate in a fast-paced environment that requires solving complex problems is to empower your team, strive for greatness, and focus. By allowing time to explore, having the patience to spend on R&D, and the courage to trust your team to solve audacious problems - you will create a ton of value. Sometimes you will fail miserably, but that’s part of life. No risk, no reward.

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Commercial Ikigai (生き甲斐)

Ikigai consists of the words ‘iki’ (to live) and ‘gai’ (reason) and refers to the importance of having a purpose in life. I think purpose is as necessary for companies as it is for people. The world is a maelstrom of opportunities and competition, and forces pull us in all directions at every moment. Finding purpose, and building a culture of joy around that, is necessary to thrive. So what does it take to find purpose?

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Believe in something

I think society as a whole is trapped by the fallacy that logic always beats emotion. This conviction stifles innovation, removes personal responsibility and harms our wellbeing. I encourage everyone who works for me to make risky decisions. Believe in something. I will reward courage as much as success. If you do your homework, gather facts, make a decision and own it, I will support you no matter the outcome.

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