2 clips
TThe Full Ratchet
An investor discusses the harsh reality of managing company burn rates through market cycles. They explain how some founders heed early warnings about cash management and successfully pivot, while others ignore the advice and ultimately run out of money.
A VC discusses the extreme boom-bust cycles in crypto and how they require exceptional founder discipline to navigate. The speaker explains how these cycles create both explosive growth opportunities and brutal famine periods that force difficult conversations about burn rates and survival.