Matt MacInnis is the COO at Rippling, an all-in-one HR, IT, and finance platform for businesses, which last raised $500M at a $11.25B valuation. Before Rippling, Matt was the co-founder and CEO at Inkling, a mobile learning platform that was acquired in 2018. He also held several management roles at Apple.
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In today’s episode, we discuss:
Lessons on culture, org-design, and product from Rippling
Characteristics of great CEOs
How to a better executive leader
Leading with kindness and impatience
How to fight entropy
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Referenced:
Andy Roddick: https://www.atptour.com/en/players/andy-roddick/r485/overview)
Apple: https://www.apple.com)
Bain & Company: https://www.bain.com/)
Bill Campbell: https://en.wikipedia.org/wiki/Bill_Campbell_(business_executive))
Conscious Business: https://www.amazon.com.au/Conscious-Business-Build-Value-Through/dp/1622032020)
Google: https://www.google.com)
Inkling: https://www.inkling.com/)
McCaw Cellular: https://en.wikipedia.org/wiki/McCaw_Cellular_Communications)
McKinsey: https://www.mckinsey.com/)
Microsoft: https://www.microsoft.com)
Oracle: https://www.oracle.com)
Parker Conrad: https://www.linkedin.com/in/parkerconrad/)
Peter Currie: https://en.wikipedia.org/wiki/Peter_Currie_(businessman))
Rippling: https://www.rippling.com)
The Effective Executive: https://www.amazon.com.au/Effective-Executive-Peter-Ferdinand-Drucker/dp/0060833459)
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Where to find Matt MacInnis:
LinkedIn: https://www.linkedin.com/in/macinnis/)
Twitter/X: https://twitter.com/stanine)
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Where to find Brett Berson:
LinkedIn: https://www.linkedin.com/in/brett-berson-9986094/)
Twitter/X: https://twitter.com/brettberson)
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Where to find First Round Capital:
Website: https://firstround.com/)
First Round Review: https://review.firstround.com/)
Twitter/X: https://twitter.com/firstround)
This podcast on all platforms: https://review.firstround.com/podcast)
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Timestamps:
(00:00) Introduction
(02:14) Great CEOs don’t worry about their weaknesses
(06:31) The third-time founder mindset
(08:09) Why every great CEO is impatient
(11:54) How executives fight entropy
(19:11) Experience ≠ wisdom
(21:26) Managing workplace politics
(24:02) Why all businesses should dogfood
(26:20) Overseeing employee expenses
(27:43) The best CEOs don’t need coaching
(29:55) The hidden cost of advice
(40:40) Why execs are “tortured but happy”
(44:16) Clear versus first principles thinking
(51:09) Finding first principles thinkers
(53:13) Why people overcomplicate culture
(55:53) Don’t make this mistake when interviewing
(59:26) The importance of anti-patterns
(61:27) Important business values
(63:28) How Matt thinks about output
(66:33) Rippling’s key leadership principle
(71:02) Why kindness matters
(72:03) Freeing yourself from self-doubt