You have any burn to cut, because it's a non linear return on your runaway for every week that you don't. So if you cut half of your burn right now, you're gong to save six months or three months of time - fifty per cent. And i'll take ga, you may want to try having a third of the number of employes to see how it feels and they felt more efficient. They especially if you have dead weight, the employers are actually grateful to get rid of the deadweight. It's amazing how starte pey ast so true....
0:20 Jason intros Alchemist's Ravi Belani
3:41 Why is Alchemist named after Paulo Coelho book? What is the biggest benefit of Accelerators?
5:47 Ravi's background at DFJ, sourcing the Justin.tv investment
15:02 Why Ravi left DFJ to start Alchemist
21:52 How many companies have gone through Alchemist and what is their standard deal?
28:21 Why accelerators take more risk than VC firms
35:07 The best entrepreneurs love the process
38:35 How are Alchemist's programs structured? Did they have trouble transitioning to remote?
44:38 Have virtual meetings been resulting in checks from investors? Dealing with investing in competitive companies
49:59 What is Alchemist's diligence process like?
55:01 What does venture capital funding look like in the medium-term