Mark MacLeodFounder, Limitless.ceo · The Startup CEO Coach | Helping ambitious CEOs & founders scale world-changing companies without sacrificing their health, happiness, purpose, or humanity

How i ended being a CEO - Michael Litt, The Startup CEO SHOW

2 Jun 2024 · 1 min

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Michael Litt became CEO at Y Combinator because Paul Graham said he was the most talkative and handled go-to-market. Graham set one metric: grow MRR 10% per week. That became his entire job.

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When we got to Y Combinator, Paul Graham took us on a walk around Pioneer Way, where the old YC office used to be, and kind of just said, hey, Mike, you're going to be the CEO, because you're the one that's answering all my questions. Like, you're the talkative one, and you're the one that's going to drive go to market. You know, Devin and the team needs to go and build the product. And because you've got product to market, I want to see you grow MRR by 10% per week. And every week. Had you grown MRR by 10% per week? If not, why not? And so that just became my job.