The SEC's SAB 121 flip-flop destroyed Staging Labs' B2B compliance pivot
Frankie Le Nguyen · He interviewed users, built a waitlist & raised $1.1M—but it still didn't work. | Frankie Le Nguy... · PMF Show · Feb 27, 2025 · at 28:24
Frankie Le Nguyen, founder of crypto startup Staging Labs, discusses how shifting SEC regulatory guidance around SAB 121 eliminated enterprise buyer urgency.
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“So the reason why the urgency wasn't there is SAB one 21, the article got flip-flopped. Like it was nulled in the end. So our reason for being was a compliance, this contingent on a compliance article that didn't come to fruition. So it effectively killed the hypothesis there for us.”
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