Well, let's grab an exhibit that we can put under the microscope just for a second because I know you and I both know Toby CEO of Shopify. Not to be confused with Spotify that man right for to say those two the same sentence quickly is still challenging for me, even though I have known both companies for so long. How would you say you how are you and Toby different or how are the cultures different? You can approach this any way you like but in what way is that come to mind are the two of you different because its surface level a lot of folks who don't know either of you personally would say Well, they're both deeply analytical they have really strong computer science backgrounds and that's kind of where the comparison might end. How would you describe how your most similar most different or just looking at approach Toby
and and Shopify is obviously very inspirational company to I would actually say where we're more similar than different and the similarity is and and I found that with some companies by the way, like another one is like my Canon Brooks and atlassian. In Australian company, I don't know but a theory I have is that all of us had to do a lot of first principle thinking and what I mean by first principle Thinking by not being in Silicon Valley and button by not learning as much from osmosis of just the Google and Facebook and those types of cultures. We have kind of developed a different culture compared to the standard silicon. I'm Valley type cultures and so in that regard, I think it's similar and I think you know Canada just like Europe is more kind of similar in that it in the holistic thinking about sort of the collective rather than the individualism and there's a lot of deep-rooted things and Toby by the way is German from the beginning to which is more akin to the sweeter side. So there's a lot of similarities between sort of philosophy upbringing and those types of things to I think in so the It's there were different besides obviously the products and the markets we serve I do think it comes down to just the way perhaps we think about sort of talent and you know the development of talent and again, I don't want to sort of I don't know shopify's cultured intimately enough to kind of pass any remarks, but I can say at Spotify. One of the big things is the thing we just talked about which is we instead of tour of Duties we call It internal emissions and every person at Spotify has a mission for about two years and in particular on my leadership team. We don't make any qualms about the fact that things don't change or that you'll have your job for eternity. You'll have your job for a mission and then you and I will discuss what the next mission ought to be and perhaps it fits with your skills and where you want to go or maybe doesn't and this is a big difference. And so when I look at my leadership team and certainly the extended one, we've actually shifted our leadership team to a great extent and my sense by looking at Toby has been that they've kept it a little bit more stable than than what we've done. And by the way, there's no Pro or Cons with both model both model works. And if anything I would say, I'm probably a little bit more envious of the stable side for you know, I I like soccer and you know the coaches that I like the most are the ones that develop young players and stay with them and like bring them through their full potential. But but I also realized that if I were a coach I'd be more about someone who brings in the sports team analogy where you bring in a lot of super talents and get them to work. Well together my own sort of mental image of who I want to be doesn't always add up to the skills. I have at the table as a leader as well and I suspect that there will be lots of differences between US just In the Nuance between those two things
so many different departure points from from that answer.
Shopify & Spotify Have Similar Company Cultures
#484: Daniel Ek, CEO of Spotify — The Art of Seeing Around Corners, Two-Year Missions, Top Books, and the Essence of Fire Soul