Morgan Missen

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James Vincent McMorrow - Higher Love (Steve Winwood Cover)

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If geeks are the new rockstars, then former Foursquare head of talent Morgan Missen is with the band.

Talent agencies are not just for models and actresses hoping to make it big in the entertainment business. The newest hotspot for talent is in engineering.

Missen will be opening her own talent agency, called Main, that will focus on serving the software engineering community. Hiring top engineering talent has gone beyond challenging to almost impossible for many ambitious startups. The small talent pool combined with competition from a growing number of startups is causing companies to change their talent acquisition strategies, from offering perks like in-office massages, to outright stealing employees from other top technology companies.

Missen’s talent agency fills a hole in a niche market that has needed a service like this for a long time. Many startups are still founded over a handshake and a beer. The informal culture of technology startups can sometimes leave potential business relationships ambiguous. The startup industry does need an independent agency that can professionally advocate for young or inexperienced developers. Main will work with talent that is navigating the ins and outs of multiple job offers. The agency will help engineers decide who to work for, how to evaluate offers, and how to negotiate benefits.

With an impeccable track record, which includes talent acquisition at International Programming & Systems,Google, Twitter, and Foursquare, Missen already has a rolodex (a digital one of course) that extends to some of the top talent working in digital technology today. Main is expected to launch within the year.

- Forget Hollywood: New Talent Agency To Set Up Shop In Silicon Valley. Techli

  • 9 months ago
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I was back on Bloomberg this week to discusses the recent increase in executives leaving Facebook as the stock slumps.

- Morgan Missen on Bloomberg TV’s “Bloomberg West”

  • 9 months ago
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Startup vs. Big Tech Company Salaries: Then and Now

For engineers at Google and other big tech companies, there’s a reverse sticker-shock when receiving a salary offer from a startup. Startups not only don’t give bonuses (profit-sharing first requires profits, after all) but they don’t have enough capital to match their salary, no matter how badly they want or need them.

When a startup talks to an engineer that makes or has an offer for $200,000+ at Google, the first conversation should be philosophical. No numbers involved.

To the engineer - if you’ve worked and been successful at a big company for awhile, you’ve likely adopted the mentality of their compensation and incentive model. You exceed performance targets, often by competing internally against your peers, in exchange for an incremental pay increase or recognition in the form of an award, new title or team. This is not natural, and is nonexistent at a startup. The majority of your compensation is in the form of stock options, which you, along with your team, must compete externally to make worth as much as possible. You create value and are compensated proportionally. You’re no longer making incremental improvements to something engineers built five or ten years ago. That’s why those engineers got so much equity and are now rich. Important to note though, that those engineers also only made about half your salary.

The best way I’ve been able to explain the difference between big tech company and startup salaries (forgetting equity for a moment) is to look at the big company salaries over time, especially back when they were considered startups. You can do this through anecdotes or assertions, but H1B visa application data is the only legally binding employer reported data that is publicly available. Each year top tech companies apply for one or thousands of visas for new employees, depending on how many they’re hiring. Sometimes these aren’t approved, but the employer is required to disclose both the salary offered to the candidate and the salary range for the position. 

Below are historical H1B visa salary ranges for prominent tech companies:

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  • Google was founded in September 1998 and went public in November 2004. It has an estimated 30,000 employees
  • The starting salary for new grad software engineers is $78,000, which hasn’t increased significantly in several years
  • In addition to $GOOG restricted stock units known as GSUs, Google gives employees a bonus with an individual and company performance multiplier.
  • I didn’t add this in this graph because it wasn’t approved, but there was a single application filed for the title Software Engineer — with a $346,000 salary.

image

  • Facebook was founded in February 2004 and went public in May 2012. It has an estimated 3,000 employees
  • Facebook’s starting salary for new grad software engineers is $85,000. Though this is common knowledge, a good way to determine new grad salaries for other companies is watching applications for lower salary H1Bs appearing in batched in the spring and autumn.
  • Facebook gives employees a performance bonus and $FB restricted stock units. It stopped giving stock options to new employees around 2008.
  • Point of interest: here’s what Facebook’s first H1B certification data looks like, naming Mark Zuckerberg as the contact person.

image

  • LinkedIn was founded in May 2003 and went public in July 2011. It has an estimated 1,000 employees
  • It didn’t appear to have batch applications for new grad visas like Google and Facebook, though they tend to compete for the same talent
  • LinkedIn ramped up both hiring through visa applications and salaries between 2007 and 2008

image

  • Zynga was founded in July 2007 and went public in December 2011.
  • Though like most gaming companies, Zynga’s software engineer salaries skew lower on average, employees are given generous quarterly bonuses, compared to annual bonuses given by many of their talent competitors.
  • Now that Facebook is public, it will be interesting to see how these salary ranges change at Zynga. As a platform company,Zynga’s stock performance is tied to Facebook’s, which as of writing isn’t as high as I’m certain Zynga had hoped.
So how do these compare to what engineers make at pre-IPO startups or younger tech companies? Compare the salaries given to H1B recipient Software Engineers at the following companies:

image

  • Twitter, founded March 2006, estimated 900 employees, $8B valuation at Series E
  • Square, founded February 2009, estimated 330 employees, $1.6B valuation at Series C
  • Quora, founded June 2009, estimated 40 employees, $400M valuation at Series B
  • Foursquare, founded March 2009, estimated 120 employees, $600M valuation at Series C
  • Palantir, founded 2004, estimated 700 employees, $2.5B valuation at Series F
  • Groupon, founded November 2008, estimated 10,000 employees, $12B post IPO valution
  • Cloudera, founded October 2008, estimated 200 employees, Series D

Note that none of these are definitive or comprehensive salary ranges for Software Engineers or any position, but unlike engineer self-reporting or word of mouth, it’s legally binding. Data compiled from multiple sources of publicly available but difficult to find employer reported salaries. Thanks Alex for the Excel chart template.

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  • 9 months ago
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Did not expect that quitting my job would get me on the homepage of Business Insider! Very happy to announce my vision for Main.

“This week, Missen announced her resignation from Foursquare to try her hand at her own startup.
Missen’s new company, Main, stays true to her recruiting roots.  Main, named after the function at the beginning of code, will be a resource for engineers and tech companies.
Missen will be advising engineers and other tech talent about their careers and helping companies like her former employers obtain great people.
“I love, love, love building startups, but I can help so many more people if I am on my own,” says Missen. “Main will be a new way to look at talent in tech.”’

- Business Insider, What’s Next For Morgan Missen, The Ace Recruiter Who Was Recruited By Google, Facebook, Twitter And Foursquare
Pop-upView Separately

Did not expect that quitting my job would get me on the homepage of Business Insider! Very happy to announce my vision for Main.

“This week, Missen announced her resignation from Foursquare to try her hand at her own startup.

Missen’s new company, Main, stays true to her recruiting roots.  Main, named after the function at the beginning of code, will be a resource for engineers and tech companies.

Missen will be advising engineers and other tech talent about their careers and helping companies like her former employers obtain great people.

“I love, love, love building startups, but I can help so many more people if I am on my own,” says Missen. “Main will be a new way to look at talent in tech.”’

- Business Insider, What’s Next For Morgan Missen, The Ace Recruiter Who Was Recruited By Google, Facebook, Twitter And Foursquare

  • 10 months ago
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I was back on Bloomberg this week to talk about competition for talent among Silicon Valley tech companies.

Morgan Missen Bloomberg

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  • 11 months ago
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int main()

Finding, growing, and keeping the best team possible is the challenge that unites our industry, from the earliest startup to the largest public company. Every tech leader will tell you how critical—and how difficult—it is to hire great people. As knowledge workers, we know how much the people we work with, manage, and report to can shape overall fulfillment in our lives. But often we’re not involved enough in determining who these people are, and we don’t know how to fix things that aren’t working or even where to start. Being a candidate in Silicon Valley’s current talent landscape can be intimidating and confusing, and then, because quickly growing companies are also quickly changing companies, navigating a career within it proves just as complicated.

None of these issues are being addressed at a tactical level across the industry, and I’ve thought of little else over the past several years. I’m excited to announce that I’m starting a company called Main and devoting myself completely to this, what I consider my life’s mission.

Working at Google, Twitter and foursquare has offered me unparalleled experiences and opportunities to build expertise in my field; though unfortunately now I realize that to truly scale my passion, I must give up being a salaried, vesting employee of a startup I love.

In programming languages like C++ and Java, main(), or the main method, is the entry point for the code, where a program starts execution. Main is where I am at with this endeavor, and where most of the teams and people I’m helping are at in theirs. To begin, I’ll be working closely with entrepreneurs, investors, and most importantly, intrapreneurs—the experts within (or joining) teams without whom leaders cannot accomplish their goals.

If there’s one thing I’ve learned in seeking out mentors to help me with this big decision, it’s that everyone I admire has brilliant ideas and strong thoughts on what’s working and what isn’t for what I refer to as Talent. If we haven’t spoken yet, I’d love to hear them.

Morgan

@mm

@main

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  • 11 months ago
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I sat down with Semil Shah at TechCrunch to talk about my experiences and the state of tech talent in Silicon Valley.

TechCrunch TV: In the Studio with Morgan Missen

Morgan Missen Tech Recruiting

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  • 12 months ago
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I’m speaking at the War for Talent Conference today. Kym McNichols at PandoDaily made How to Win the War for Talent in Silicon Valley, an article and video for the event which interviews some of the speakers on pain points and strategies in hiring for their organization.
I’m on a panel called Scaling a Company, where I’ll be alongside the CEOs of Twilio and Pipewise and the Heads of Recruiting at LinkedIn and Box. It will be livestreamed on the website (at 10:30 am after Ron Conway’s keynote) if you want to watch.

update: photo above
View Separately

I’m speaking at the War for Talent Conference today. Kym McNichols at PandoDaily made How to Win the War for Talent in Silicon Valley, an article and video for the event which interviews some of the speakers on pain points and strategies in hiring for their organization.

I’m on a panel called Scaling a Company, where I’ll be alongside the CEOs of Twilio and Pipewise and the Heads of Recruiting at LinkedIn and Box. It will be livestreamed on the website (at 10:30 am after Ron Conway’s keynote) if you want to watch.

update: photo above

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  • 12 months ago
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Steve Jobs: hiring the best is your most important task

Excerpts from the book In the Company of Giants: Candid Conversations with the Visionaries of the Digital World, 1997, published in BusinessWeek in 1998.

What talent do you think you consistently brought to Apple and bring to NeXT and Pixar?

I think that I’ve consistently figured out who really smart people were to hang around with. No major work that I have been involved with has been work that can be done by a single person or two people, or even three or four people. Some people can do one thing magnificently, like Michelangelo, and others make things like semiconductors or build 747 airplanes — that type of work requires legions of people. In order to do things well, that can’t be done by one person, you must find extraordinary people.

The key observation is that, in most things in life, the dynamic range between average quality and the best quality is, at most, two-to-one. For example, if you were in New York and compared the best taxi to an average taxi, you might get there 20 percent faster. In terms of computers, the best PC is perhaps 30 percent better than the average PC. There is not that much difference in magnitude. Rarely you find a difference of two-to-one. Pick anything.

But, in the field that I was interested in — originally, hardware design — I noticed that the dynamic range between what an average person could accomplish and what the best person could accomplish was 50 or 100 to 1. Given that, you’re well advised to go after the cream of the cream. That’s what we’ve done. You can then build a team that pursues the A+ players. A small team of A+ players can run circles around a giant team of B and C players. That’s what I’ve tried to do.

So you think your talent is in recruiting?
It’s not just recruiting. After recruiting, it’s building an environment that makes people feel they are surrounded by equally talented people and their work is bigger than they are. The feeling that the work will have tremendous influence and is part of a strong, clear vision — all those things. Recruiting usually requires more than you alone can do, so I’ve found that collaborative recruiting and having a culture that recruits the A players is the best way. Any interviewee will speak with at least a dozen people in several areas of this company, not just those in the area that he would work in. That way a lot of your A employees get broad exposure to the company, and — by having a company culture that supports them if they feel strongly enough — the current employees can veto a candidate.

That seems very time-consuming.
Yes, it is. We’ve interviewed people where nine out of ten employees thought the candidate was terrific, one employee really had a problem with the candidate, and therefore we didn’t hire him. The process is very hard, very time-consuming, and can lead to real problems if not managed right. But it’s a very good way, all in all.

Yet, in a typical startup, a manager may not always have the time to spend recruiting other people.
I disagree totally. I think it’s the most important job. Assume you’re by yourself in a startup and you want a partner. You’d take a lot of time finding the partner, right? He would be half of your company. Why should you take any less time finding a third of your company or a fourth of your company or a fifth of your company? When you’re in a startup, the first ten people will determine whether the company succeeds or not. Each is 10 percent of the company. So why wouldn’t you take as much time as necessary to find all the A players? If three were not so great, why would you want a company where 30 percent of your people are not so great? A small company depends on great people much more than a big company does.

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  • 1 year ago
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What I’m Reading - a Tech Talent Syllabus

image
Lately I’ve been getting back to basics and using company and engineer blog posts to compare notes on process and strategy. Here are a few of those plus some culture and inspiration. Enjoy. You can find some earlier What I’m Readings here and here.


A Primer on Hiring Technical People

  • Hiring a Designer: How to Review Portfolios, Chad Thornton in Design Staff - For when you need to hire a designer, then start reading portfolios and realize you have no idea what they do or if they’re any good.
  • How to Hire a Programmer, Jeff Atwood in Coding Horror - For when you need to hire an engineer, then start reading resumes and realize you have no idea what they do or if they’re any good.
  • How to Find and Hire Amazing People, Adam Smith’s blog - This is Part 2 of (of at least 4) of the Xobni founder’s generous overview of his recruiting process and corresponding thought process.
  • Programmer Nesting Rituals, Joel Spolsky in ERE.net - 10 things other than salary that engineers care about when deciding where to work. Any recruiter, even if they aren’t highly technical, should be able to speak to each of these. I try to have answered most these for candidates by the time we give an offer (whether they asked or not), and that’s served me well.
  • Recruiting Programmers To Your Startup, Chris Dixon’s blog - He has a lot of great content on startups, but this post highlights two things that should form the basis for how you recruit engineers: 1. figuring out what’s important to them and how your opportunity satisfies that and 2. establishing a process through which you’ll attract, assess, hire and keep the best people you can find.

Interviewing Engineers

  • The Guerrilla Guide to Interviewing (version 3.0), Joel Spolsky in Joel on Software -  It’s a long post, but when you think about how much time you’ll spend interviewing engineers over the course of your career, the investment to make sure you’re using all those hours in little conference rooms wisely is worth it. Also, though it’s Version 3.0, the post is from 2006. Great interviewing advice, like great advice in general, is timeless. If you’re not an engineer who interviews engineers, skip to the last paragraph, which is relevant to interviews at any company at any stage:

“If you’re having trouble deciding, there’s a very simple solution. NO HIRE. Just don’t hire people that you aren’t sure about. This is a little nerve wracking the first few times—what if we never find someone good? That’s OK. If your resume and phone-screening process is working, you’ll probably have about 20% hires in the live interview. And when you find the smart, gets-things-done candidate, you’ll know it. If you’re not thrilled with someone, move on.”

  • How to Interview an Engineer for your Startup, Tawheed Kader on TK’s Weblog - It’s always interesting to see how other startups do it. In this case I was surprised there wasn’t more emphasis placed on examining (non-pseudo, properly syntax-ed and structured) code during an in-person interview, particularly if the engineer works in a language they don’t know. I assume the author either has other interviewers focusing on coding or they insist on checking a portfolio or GitHub beforehand.
  • Top Executive Recruiters Agree There Are Only Three True Job Interview Questions, Forbes Blog - I didn’t want to click on this because the title was so linkbaity, but it’s a good pragmatic approach to assessing candidates. Spoiler alert, the three “true” questions are 1. Can you do the job? 2. Will you love the job? and 3. Can we tolerate working with you?
  • Building a world-class team: six mistakes I made early in my career, RethinkDB Blog - I was surprised to find this on a company rather than personal blog, and was impressed by the author’s humility and self-awareness. It covers really easy traps for well-intentioned but inexperienced or insecure hiring managers and interviewers.

Tech Company Culture

  • How To Start a Movement, TED Talk by Derek Sivers - This 3 minute video will change the way you view leaders and followers. In a world of entrepreneur hero-worship, this reminds followers of their importance (because, after all, one lone person can’t become a leader until they’ve gained their first follower) and, if you’re the leader, the importance of nurturing the first few followers as equals.
  • Fostering a Culture of Dissent, New York Times interviews Yammer CEO David Sacks. If your startup doesn’t have any way to measure performance, accountability or achievements, read this then implement it immediately:

“We just implemented this quarterly process called Morph. So Morph stands for Mission, Objectives, Results, People, and the H is for “How,” as in, “How did you do by the end of the quarter?”

Mission is just a one-sentence description of what’s your mission at the company? What do you have ownership of? And that really gets people to think about, O.K., what is my overall mission here?

Objectives are the top three, maximum five, things that you want to achieve this quarter. Results are about the metrics you’re going to use to measure those objectives. How do we know if we’ve achieved them? People refers to, what changes do we need to make in the organization to achieve this? Do we need to hire people? Do we need to create new teams? Do we need to change the way that a team is defined? And then at the end of the quarter we just ask, “How’d you do?”

  • Twitter, The Startup That Wouldn’t Die, Brad Stone in Businessweek - Twitter’s regime change over the past year and half redefined the company right down to its core values. When I worked there, each week Ev and Biz would give a dual presentation on the history of Twitter to new hires, which included a walk-through of the then Core Values (e.g. “Take an Artful Approach” and “Remove Friction.”) Here, Brad Stone writes:
“The entire company eventually joined in and came up with a list of 10 principles, including “Grow our business in a way that makes us proud” and “Innovate through experimentation.” That may sound like the worst kind of corporate offsite banality, but Costolo says it helped. “If you don’t know where you’re going, it seems like any road will take you there,” he says.”
  • How Facebook Finds The Best Design Talent and Keeps Them Happy, Fast Co.Design - This is pretty fluffy in the spoon-fed-PR sense, but no one can deny Facebook is scooping up the world’s best designers that you’d never ever think would want to work at Facebook, so Respect.
  • Building the Machine that Builds the Business, Skillshare class - Mike Karnjanaprakorn, the CEO of Skillshare, really lives his product. He’s a voracious learner who’s not afraid to divulge the dark arts of entrepreneurship & building a company culture from scratch. I’ve recommended it before, but I enjoy his among countless similar blogs because there’s no vanity or pretense in his writing. He just wants to be helpful to those that could find his experiences helpful. If you’ve met him, you can hear his voice saying the closing line of this post:
“Today, it’s easier than ever to start a company, but building a company will always be as hard as it’s ever been. Wherever you are in your journey, understand that you will always make mistakes. But as long as you learn from them, improve, and stay focused to your mission; great things will almost always happen.”

Self Development (Inspiring commencement speeches are such a guilty pleasure).

  • Life and How to Survive It. Adrian Tan, author of The Teenage Textbook, addressing the NTU class of 2008.

“Do not work. Find that pursuit that will energize you, consume you, become an obsession. Each day, you must rise with a restless enthusiasm. If you don’t, you are working.”

  • We Are What We Choose. Jeff Bezos, CEO of Amazon addressing the Princeton class of 2010.
“I was working at a financial firm in New York City with a bunch of very smart people, and I had a brilliant boss that I much admired. I went to my boss and told him I wanted to start a company selling books on the Internet. He took me on a long walk in Central Park, listened carefully to me, and finally said, ‘That sounds like a really good idea, but it would be an even better idea for someone who didn’t already have a good job.’” Ha.
  • Life is Long. Drew Faust, Harvard President, addressing the Harvard class of 2008 - I’m a YOLO (you only live once) person but not a “life is short” person so I liked this a lot. I had a paraphrased version of her quote on my blog for a long time.

“if you don’t try to do what you love — whether it is painting or biology or finance; if you don’t pursue what you think will be most meaningful, you will regret it. Life is long. There is always time for Plan B. But don’t begin with it.

I think of this as my parking space theory of career choice, and I have been sharing it with students for decades. Don’t park 20 blocks from your destination because you think you’ll never find a space. Go where you want to be and then circle back to where you have to be.”

one more…

  • In Over Your Head - I have no idea who Julien Smith is, though I bet he’s intense but incredible to know. He’s got an unconventionally motivational blog. Read it. The post titles range from “How to Change Your Life: An Epic, 5,000-Word Guide to Getting What You Want” to “The Short and Sweet Guide to Being Fucking Awesome.” If it’s all TL;DR, just skip to the end of every post for gems like: ”We need more awesome people in this world, and I would like you to be one of them.” and “I plan to be unrecognizable in 5 years. I plan to surprise everyone.”
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  • 1 year ago
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morgan missen

I spoke at Inc. Magazine’s event for tech entrepreneurs and business owners called Faster Better Smarter: How Great Small Companies Use Technology to Drive Growth. They made a great highlights video.

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  • 1 year ago
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Peggy Olson on Success


Stan: [Shaking Don’s hand] Way to go!
Don: You should be shaking her hand.
Megan: It’s just beginners luck. I’m going to go tell Peggy.
Don: Tell everybody.
Peggy: Megan, congratulations! Joan told me Harry said you sold Heinz.
Megan: Oh, you heard. I don’t want to take all the credit…
Peggy:  Why aren’t you jumping up and down? I don’t know what the Canadian equivalent of baseball is but this is the equivalent of a home run.
Megan:  Oh, we have baseball.
Peggy:  Well this is a home run! I know what you did and it’s a big deal. And when it happened to me they acted like it happens all the time. It doesn’t. I tried to crack that nut. I mean if anything I should be jealous. But I look at you and I feel like I’m getting to experience my first time again. It’s a good day for me. This is as good as this job gets. Savor it.
Megan:  You’re right. I will.
- Mad Men Season 5, Episode 7

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  • 1 year ago
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Peggy Olson on Hiring

image

Peggy is reviewing an endless stack of copywriter candidate portfolios and discovers one with a cover reading “Judge not, lest ye also be judged.” This candidate is a star. Stan, the art director, agrees he’s brilliant but dismisses him, tossing the portfolio on the floor. Peggy picks it up with interest.

Stan: This is why girls don’t play sports. You’ve been working on Heinz for four months, and you’re just going to let him grab the ball and carry it across the goal line?

Peggy: I’m bringing him in for Mohawk.

Stan: I hope you like him, he’s going to be your boss someday.

Peggy: I like working with talented people. It inspires me.

Stan: I’m not talking about me. I’m talking about another writer. Are you suddenly not competitive?

Peggy: I’m going to bring him in.

Stan: Stick to mediocre, you’ll sleep better.

[Cut to fat Betty in the bath]

- Mad Men Season 5, Episode 3 “Tea Leaves”

Mad Men is one of the only shows I watch, and Peggy is the only reason I watch it. She’s one of the best and, for me, most identifiable characters on the small screen now. The other is Tina Fey as Liz Lemon on 30 Rock.

  • 1 year ago
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Peggy Olson on Negotiating

Sterling Cooper Draper Pryce Partner Roger Sterling walks into Peggy’s office to persuade her to do a major assignment last minute—and cover up that he’d fallen behind on it. She’s unmoved, so he tries to offer a small bribe.

Peggy:  Hold on a second. You want me to work up an entire corporate image campaign for 10 bucks?

Roger:  I can make you do it for nothing. I’m the boss.

Peggy:  You’re right. The work is $10. The lie is extra.

Roger:  Incredible. What do you make a week, sweetheart?

Peggy:  Oh, you don’t know. That’s helpful…

Roger:  You know, I could fire you.

Peggy:  Great. There are some portfolios in Joan’s office. You could find someone tonight.

Roger:  Why are you doing this to me?

Peggy:  Because you’re being very demanding for someone who has no other choice. Dazzle me.

Roger:  Fine. How much do you want?

Peggy:  How much you got?

Roger:  [flips through wallet] Four hundred dollars.

Peggy:  Give me all of it.

Roger:  Jesus. [hands it to her] This better be good.

Peggy:  You want me to take your watch?

- Mad Men Season 5, Episode 5

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  • 1 year ago
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Morgan Missen

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Avatar At Main, I help companies hire better and help people make bigger, better career leaps. To get good at that, I spent years hiring for Google, Twitter and Foursquare.

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