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Understanding capital calls, one-off SAFEs + Transaera CTO Ross Bonner | E1605
This Week in Startups
VC Stuff
Price discovery is painful. It sucks, but it gets money in the door or creates an opportunity for like us to get into something at a seed round price instead of waiting for a Series A. Don't worry about valuation. Worry about surviving. Get through nuclear winter. I have been saying from the beginning, it's going to be six quarters of chaos. Maybe they're not all down in GDP. You have this 2.6% in the third quarter we grew. I consider it like zero, you know, and I consider the negative one like zero. It's just choppy waters and chaos.
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