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This is the tough hiring strategy of the Revolut founder

This is the tough hiring strategy of the Revolut founder

Revolt founder Nikolay Storonsky has raised a 222 million euro fund.
Getty Images / Harry Murphy, Collage: Business Insider

Quantumlight is the name of the venture capital firm founded by Revolut founder Nikolay Storonsky. The venture capital firm has now closed a fund with €222 million in capital. The fund is aimed at scaleups. To identify exciting startups , Quantumlight has developed its own AI, called Alpha.

Quantumlight has also published a new playbook for startups called " Hiring Top Talent ." According to Sifted, it's based on Storonsky's leadership at Revolut . It addresses the all-important question: How do you recruit top talent? VC investors often recommend that startups in growth phases hire leaders with extensive experience, the playbook states. "Experience doesn't always equal impact ."

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If applicant experience plays a secondary role in the recruiting process, what do they need instead? A solution-oriented mindset , a good track record , and leadership skills —the talent to build a good team. A can-do mentality and potential take precedence over years of corporate experience.

At Revolut , it was found that employees who demonstrated ambition , adaptability and the ability to solve problems became successful leaders.

For the recruiting process to work, it must be standardized and roles clearly defined by skills, according to the playbook. These skills should be expressed through "observable behaviors" and be consistent across all teams and departments within the startup.

businessinsider

businessinsider

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