I’ve learned a ton from Bill McNabb, the former Chairman and CEO of Vanguard, in our work together at Altruist, Vanilla and two stealth-mode startups. Bill helped build today’s asset management and wealth management industries and saw the incredible power technology could have in shaping the future of both.
I recently had the chance to interview Bill on our Venrock podcast. You can find our discussion here. In it, Bill shares important leadership lessons including the importance of being humble, having a clear definition of success, and knowing what makes a high-performing team. He reveals significant decisions he made during his time at Vanguard, such as having “no layoffs” during a crisis, and highlights the importance of thinking long-term while still being agile.