The Transformation Principles

USA Today Bestseller Publisher’s Weekly Bestseller Featured in Bloomberg's Top Books of 2025 Whether you’re investing, leading a company, or building a career, this guide from the CEO of global investment and transformation company General Catalyst offers powerful principles essential to long-term success. In a world rapidly being reshaped by technological revolutions and geopolitical realignments, businesses can no longer afford to operate with outdated frameworks. The companies that will thrive in an economic system under both strain and skepticism will be those that reimagine their role in society while harnessing emerging technologies. This new reality needs a new set of guidelines—transformation principles—to guide decision-making for investors, company builders, and anyone navigating a career as they venture beyond. General Catalyst CEO and eight-time Forbes Midas List recipient Hemant Taneja has developed these principles throughout his life, and they have helped General Catalyst fund, found, and nurture some of the most exciting companies of the past two decades, such as Airbnb, Stripe, Livongo, Anduril, Kayak, Snap, Gusto, and Canva, while having a powerful positive and enduring impact on society. In The Transformation Principles, Taneja explains in detail the nine principles behind his company’s outsize success in investing and industry transformation. These principles will help readers: Understand the critical importance of a company’s soul Navigate through the inevitable twists and turns when creating a new future See through trends that don’t matter and focus on what truly matters for enduring success Help build companies that solve society’s hardest problems, making capitalism a force for good Confidently lead with curiosity and generosity for extraordinary success Moving forward, the most enduring successes will come from those companies whose tangible benefits to the world naturally result in compounding returns. Equipped with these nine principles, any individual or organization will be able to see beyond trends and short-term thinking and instead focus on long-term success that lasts for generations.