Q wanted to talk about. What advice for entrepreneurs, founders in the midst of market turmoil, maybe it doesn't affect their business today, but they're seeing bad news and that's going to put up, you know, uh, you know, their customers are going to be worried. Their employees are going to be worried. Their potential investors are going to be worried. Uh, what advice are you giving to founders these days?
A Well, you know, like, like Jordy touched on, I mean, part of our whole thesis is traditional venture, same type of upside, but a different approach to building your business. So, you know, the approach most people take today, you know, they go and raise their seed round, their pre-seed round or whatever it is. And then the objective of that round is to get to the next and the next and the next. And so you're oftentimes kind of anchoring on what that next fundable milestone might be. And he takes a bit of a different approach. So Our companies are kind of the default we set is like, let's have that be the last round you need to raise. And then you can kind of be a lot more offensive as you build your company. So you don't necessarily need anybody else's permission to exist. So with that being the case, I think there's kind of two, you know, I tweeted this out last night. We talked about a little bit, you know, there's kind of a few approaches to take with an indie company specifically. You're, you know, you have in many cases, you have infinite runway. And so you get to operate and you can message in a very different way. So part of what I said is hunker down, you know, conserve cash. Um, I, Don't think this environment goes away anytime soon. Um, and so I think people need to be preparing, um, for, you know, to be long-term focused, and what that often means is, um, you know, g…
AI assessment note: “part of what I said is hunker down, you know, conserve cash.”