Team beats product: how an INXY co-founder hires, motivates and avoids burnout

No Bullsh!t, October 17, 2025, 64 min, 3,045 views. Sergey Kuznetsov, co-founder of INXY, is the guest on another show and explains how a subscription tracking service turned into a business with a crypto licence and several times the growth, once the team found the real pain in the market: taking crypto into fiat legally.

Episode at a glance
Published
Length64 min
Views on YouTube3,045
Language of the episodeRussian
Where to watch and listenYouTube, Spotify, Telegram

Date, length and view count according to data from the episode page on YouTube, as of the page update date shown in the footer.

In short

The main subject of the conversation, though, is not the product but the people. Sergey explains why investors at an early stage bet on the team rather than the product, how he became the bottleneck of his own company and why he had to hire a strong product leader even though it hurt his ego. He goes through the hiring culture: values first, professionalism second, bringing in outside experts to assess candidates he cannot assess himself, and the principle of hiring slowly and firing fast. There is also a block on focus and on burnout.

Key ideas

  • At an early stage investors put money into the team rather than the product: the chance that the product survives to a Series A in its original form is close to zero, while a strong team adapts.
  • Raise with reinforcement: invite investors and mentors who close gaps in the team's expertise rather than simply those who give money, so you get capital and competence in one move.
  • The hardest stage of a founder's maturity is delegation: at first it goes worse than doing it yourself, but a company does not grow unless you hire people stronger than you in their area.
  • Hiring runs through two filters: first a match on values and human qualities, then professional level; for candidates above your own expertise bring in an outside assessor.
  • The rule of hiring slowly and firing fast is almost always broken the other way round: firings get dragged out and hiring is done in a panic. The fix is to keep a pool of strong candidates all the time.
  • The key skill of the future is the ability to learn and adapt: an employee who can apply AI outruns one who cannot by multiples rather than by percentage points.

The full transcript

The episode is recorded in Russian, and the full transcript of the conversation is on the Russian page of this episode. English and Spanish subtitles for the strongest episodes are rolling out on YouTube in waves.

Open the transcript