CEO Answers Startup Questions | Tech Support | WIRED

Precision Neuroscience CEO Michael Mager joins WIRED to answer the internet's burning questions about startups. Why do most startups fail? What does a typical CEO's job entail? How do you hire the right people for your company? Who can fire a CEO? How does startup funding work? What does it mean for a company to "go public?" Answers to these questions and many more await on Startup Support. 0:00 Start up Support 0:17 How do you hire the right people? 0:55 What would you say you do here? 1:34 CEO Skill Tree 2:16 Bankruptcy Speedrun (Any%) 3:34 Startup mentality 5:12 Why does HR exist? 6:38 Silicon Valley and Tax Rates 7:33 Why do most startups fail? 8:06 CEO, CFO, COO, and VP vs. Owner 9:42 Who can fire a CEO? 10:41 Going public 11:52 Startup valuations 13:34 How do I raise pre-seed funding for my startup? 14:36 How does startup funding work? 15:53 CEO Fails 17:32 CEO/Worker salary imbalances 19:01 Stock options 19:46 KPIs 20:50 The FDA approval process 21:43 EBITDA 22:51 Starting over with your startup Director: Lisandro Perez-Rey Director of Photography: Charlie Jordan Editor: Richard Trammell Expert: Michael Mager Producer: Lauren Zeitoun Line Producer: Jamie Rasmussen Associate Producer: Brandon White Production Manager: Peter Brunette Production Coordinator: Rhyan Lark Camera Operator: Caleb Weiss Sound Mixer: Sean Paulsen Post Production Supervisor: Christian Olguin Supervising Editor: Eduardo Araujo; Erica DeLeo Assistant Editor: Billy Ward Still haven’t subscribed to WIRED on YouTube? ►► http://wrd.cm/15fP7B7 Listen to the Get WIRED podcast ►► https://link.chtbl.com/wired-ytc-desc Want more WIRED? Get the magazine ►► https://subscribe.wired.com/subscribe/splits/wired/WIR_YouTube?source=EDT_WIR_YouTube_0_Video_Description_ZZ Follow WIRED: Instagram ►►https://instagram.com/wired Twitter ►►http://www.twitter.com/wired Facebook ►►https://www.facebook.com/wired Tik Tok ►►https://www.tiktok.com/@wired Get more incredible stories on science and tech with our daily newsletter: https://wrd.cm/DailyYT Also, check out the free WIRED channel on Roku, Apple TV, Amazon Fire TV, and Android TV. ABOUT WIRED WIRED is where tomorrow is realized. Through thought-provoking stories and videos, WIRED explores the future of business, innovation, and culture.