57 min listen
E3: Netflix Co-Founder Jim Cook Shares the Secrets to Being a Great CFO
From"Turpentine Finance" with Sasha Orloff | Startup Finance, Leadership, CFO Strategy
E3: Netflix Co-Founder Jim Cook Shares the Secrets to Being a Great CFO
From"Turpentine Finance" with Sasha Orloff | Startup Finance, Leadership, CFO Strategy
ratings:
Length:
54 minutes
Released:
Sep 11, 2023
Format:
Podcast episode
Description
This week on Run The Numbers, host CJ Gustafson is joined by an all-time great: Jim Cook, one of the six original co-founders of Netflix. If you’re looking for an ERP platform, check out our sponsor, NetSuite: http://netsuite.com/metrics
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SPONSORS:
NetSuite provides financial software for all your business needs. More than thirty-six thousand companies have already upgraded to NetSuite, gaining visibility and control over their financials, inventory, HR, eCommerce, and more. If you're looking for an ERP platform ✅ NetSuite: http://netsuite.com/metrics and defer payments of a FULL NetSuite implementation for six months.
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X / TWITTER:
@cookflix (Jim)
@cjgustafson222 (CJ)
@TurpentineMedia (Turpentine)
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TIMESTAMPS:
(00:00) Episode Preview: CJ’s learnings from Jim
(03:40) SEGMENT: CJ's opening “Off the Books” monologue on Instacart’s S-1 and advertising business
(07:18) Start of CJ and Jim’s interview
(08:05) What qualities separate a great CFO from a good CFO?
(10:15) How do CFOs develop accountability as a skill?
(14:26) Sponsor: Netsuite
(15:52) Why CFOs quit
(17:25) The importance of storytelling as a CFO
(22:15) Jim explains first principles
(24:40) The fallacy of a right decision and perfection as a prison
(28:25) What was it like having Reid Hoffman on Mozilla’s board?
(29:39) Jim on what a good relationship between the CFO and their board looks like
(33:30) Transparency requires trust, trust requires transparency
(34:53) Being vulnerable as a CFO
(37:36) A time where Jim had to tell the board the hard truth
(38:57) Key frameworks Jim teaches in his coaching
(44:24) A learning Jim took away from his career at Intuit, Netflix, and Mozilla
(46:20) SEGMENT: Long-ass lightning round: an example of when Jim screwed up on the job, the ideal finance software stack, the craziest thing someone has tried to expense
---
SPONSORS:
NetSuite provides financial software for all your business needs. More than thirty-six thousand companies have already upgraded to NetSuite, gaining visibility and control over their financials, inventory, HR, eCommerce, and more. If you're looking for an ERP platform ✅ NetSuite: http://netsuite.com/metrics and defer payments of a FULL NetSuite implementation for six months.
---
X / TWITTER:
@cookflix (Jim)
@cjgustafson222 (CJ)
@TurpentineMedia (Turpentine)
---
TIMESTAMPS:
(00:00) Episode Preview: CJ’s learnings from Jim
(03:40) SEGMENT: CJ's opening “Off the Books” monologue on Instacart’s S-1 and advertising business
(07:18) Start of CJ and Jim’s interview
(08:05) What qualities separate a great CFO from a good CFO?
(10:15) How do CFOs develop accountability as a skill?
(14:26) Sponsor: Netsuite
(15:52) Why CFOs quit
(17:25) The importance of storytelling as a CFO
(22:15) Jim explains first principles
(24:40) The fallacy of a right decision and perfection as a prison
(28:25) What was it like having Reid Hoffman on Mozilla’s board?
(29:39) Jim on what a good relationship between the CFO and their board looks like
(33:30) Transparency requires trust, trust requires transparency
(34:53) Being vulnerable as a CFO
(37:36) A time where Jim had to tell the board the hard truth
(38:57) Key frameworks Jim teaches in his coaching
(44:24) A learning Jim took away from his career at Intuit, Netflix, and Mozilla
(46:20) SEGMENT: Long-ass lightning round: an example of when Jim screwed up on the job, the ideal finance software stack, the craziest thing someone has tried to expense
Released:
Sep 11, 2023
Format:
Podcast episode
Titles in the series (58)
E6: Carta CFO Charly Kevers on the Importance of Truth Telling: Charly Kevers (CFO of Carta) joins CJ on episode six of Run the Numbers, where they talk through the most important qualities of great CFOs, why you should look at every part of your business as a startup, and more. by "Turpentine Finance" with Sasha Orloff | Startup Finance, Leadership, CFO Strategy