VC Dan Portillo, Founder/GP of TheGP on Being the Godfather of Talent Partners, Starting His Own Fund, and Experimentation

Dan Portillo is the founder and GP of The General Partnership, a fund that prioritizes talent in a network-based approach. Formerly he was early-Mozilla and then went on to Greylock where he carved out a role as a talent partner. Dan talks to Nolan and Kelli about how VC and VC talent partners operate, an influential world that most people in the venture and startup ecosystem don't actually know that much about. They also talk about backchannels, going from HR leadership roles to finding success as an advisor, and the necessary skill of framing new ideas as experiments. HR Heretics is part of the Turpentine podcast network. Learn more: www.turpentine.co--SPONSORS: Lattice | Continuum✅ Discover HR software that drives performance with Lattice: https://www.lattice.com/hrhereticsHigh performance and great culture should never be at odds; they’re better together. With Lattice People Management Platform, companies efficiently run people programs that create enviable cultures where employees want to do their best work. Serving 1000s of customers of all sizes. Learn why companies from Slack to the LA Dodgers choose Lattice. https://www.lattice.com/hrheretics✅ Hire Fractional Executives with Continuum using this link: https://bit.ly/40hlRa9Have you ever had a negative experience hiring executives? Continuum connects executives and senior operators to venture-backed tech companies for fractional and full-time roles. You can post any executive-level role to Continuum’s marketplace and search through our database of world-class, vetted leaders. There is no hidden cost, you only pay the person you hire. And you can cancel at any time. www.Joincontinuum.com–RECOMMENDED PODCAST:Check out Run The Numbers! Kelli and Nolan were guests on the most recent episode: a deep dive into FIRING CEOs and EXECS. This one's hilarious. Listen here, wherever you get your podcasts: https://link.chtbl.com/runthenumbers–KEEP UP WITH DAN, NOLAN, + KELLI ON LINKEDINDan: https://www.linkedin.com/in/danielportillo/Nolan: https://www.linkedin.com/in/nolan-church/Kelli: https://www.linkedin.com/in/kellidragovich/–TIMESTAMPS:(00:00) Preview(02:40) Dan talks about Mozilla, being the 20th employee, his role and how the became the VP of Talent(06:21) On scaling Mozilla: handling both the HR side and recruiting side(10:00) Dan's take on creating a leveling structure and performance reviews(13:00) Dan talks about his journey building talent at Greylock(17:05) Dan's experience working with the founders Greylock has backed(19:35) Sponsor - Lattice | Continuum(21:20) Dan's "Aha!" moments with executive hiring and with how the industry shifted from 2011 to 2018(25:55) Dan's transition from Greylock to Sweat Equity Ventures (now The General Partnership)(34:30) Shifting from Talent to VC and making the portfolio companies better(38:40) Should I get into a VC talent partner role?(41:00) How to get into advising and pitfalls to be careful of(43:32) When does a founder need an advisor?(44:55) Dan's expectations expecting going into 2024 and how he is positioning the fund and advising founders(47:30) Dan's best hire and why(50:25) Dan's secret for finding undiscovered talent(52:30) The power of back channels and executive hiring(55:00) Seven degrees from Dan PortilloLINKS:https://www.thegp.com/builders/daniel-portillo This is a public episode. If you would like to discuss this with other subscribers or get access to bonus episodes, visit hrheretics.substack.com