In a High Turnover Industry, He Built a Startup Where Team Members Want to Stay for Life

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In a High Turnover Industry, He Built a Startup Where Team Members Want to Stay for Life

Leore Avidar

Posted on February 18, 2020

Listen to the episode:

Leore Avidar is the CEO and co-founder of Lob, one of the fastest-growing companies in America. He’s also a business leader with a deep passion for culture, diverse workplaces, and growing an organization that people want to stay at for life. 

Lob works to better connect the online and offline world for brands including Booking.com, HelloFresh, Betterment, and over 5,000 more. Last year, Lob ranked #12 on San Francisco Business Times’ Fastest-Growing Private Companies list with a reported 360% year-over-year revenue growth from 2016–2018. 

At Lob and beyond, Leore is committed to building a diverse tech ecosystem. In 2017, he was honored on the Forbes 30 Under 30 list. He and his partner Harry Zhang are members of Founders for Change group, which brings together venture-backed founders who are dedicated to improving diversity and inclusion within their companies, as well as within the investment community.

Lob is backed by leading investors including Y Combinator, Floodgate and Polaris Partners. Today, Lob employs 80 people, and its 2018 revenue was $44 million.

In this episode of the donothing podcast, you’ll learn:

  • What Leore wanted to build as a young child
  • When Leore first became interested in entrepreneurship
  • What valuable leadership advice Leore learned in high school 
  • Why Leore left Wall Street to become an entrepreneur
  • What Kobe Bryant taught Leore about work ethic
  • Why Leore is so passionate about mentorship
  • About Leore’s earliest social commerce startup
  • What all Lob employees receive when they’re hired
  • Why Leore checks in with his team members on Sundays 
  • How turnover stays so low at Lob
  • Why Lob has a VP of People
  • How experiences can teach us more than books ever will
  • And so much more!

Enjoy my great conversation with Leore!

Connect with Leore Avidar and Lob

Website:
http://lob.com

LinkedIn:
https://www.linkedin.com/in/bavidar

Facebook:
https://www.facebook.com/bavidar

Twitter:
https://twitter.com/bavidar

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