Company Culture

The shared values, beliefs, and behaviors that define how a company operates. Culture is not a poster on the wall — it’s the accumulated result of every decision about people and priorities.

Altman’s Definition

“Culture is defined by who you hire, fire, and promote.”

Three levers, in order of impact:

  1. Who you hire: Early hires set the cultural DNA. Good and bad people are both infectious — mediocre early hires rarely improve the team average.
  2. Who you fire: Tolerating toxic performers (regardless of competence) signals that results matter more than values. Remove them.
  3. Who you promote: Promotions broadcast what the company actually values, overriding any written values statement.

Why It Matters Early

“Building a company is somewhat like building a religion.” Cultural values compound over years — what you establish in the first 10 hires will echo through the first 1,000.

Early culture decisions that compound:

  • How conflicts are resolved (avoidance vs direct confrontation)
  • How decisions are made (consensus vs decisive authority)
  • How failures are treated (blame vs learning)
  • How information flows (hoarding vs radical transparency)
  • How urgency is calibrated (always-on vs sustainable pace)

Culture vs Perks

Culture is NOT:

  • Free lunch, ping pong tables, or unlimited PTO
  • A written values document that nobody follows
  • What the CEO says in all-hands meetings

Culture IS:

  • What happens when the CEO isn’t in the room
  • How people treat each other under stress
  • What gets someone fired (or doesn’t)
  • Which behaviors get rewarded with promotions and recognition

The Founder’s Role

The founder is the primary culture carrier. The team takes emotional and behavioral cues from the founder:

  • If the founder panics, the team panics
  • If the founder cuts corners, the team cuts corners
  • If the founder is transparent about problems, the team learns to surface problems early

See Also

Sources