In those early meetings, do you ever press founders on what they think is the worst case outcome? Yes. And so this is when you have to give founder some counsel. You're basically your Wikipedia page is written by the people you fired if you're a CEO. As a journalist, if you are unlucky enough to have one, is going to bewritten by the people who disagree with whatever you are most passionate about andwhatever they hate you for being most passionate about.
First up, J+M discuss The Wing shutting down, where it went wrong, and avoiding ego-based pitfalls. (1:35) Then, Alan Chang joins Molly to break down his idea behind Tesseract Energy! (22:37)
(0:00) J+M tee-up topics for Sunday
(1:35) The Wing shuts down: what went wrong
(12:44) OpenPhone - Get an extra 20% off any plan for your first 6 months at https://openphone.com/twist
(14:18) Understanding and avoiding ego- and success-based founder pitfalls
(21:24) FanDuel Sportsbook - Sign up with promo code TWIST to place a $1000 risk-free bet at https://sportsbook.fanduel.com
(22:37) Alan Chang joins Molly and explains his idea behind Tesseract Energy, his time at Revolut, and more!
(35:20) MasterClass - Get 15% off an annual membership at https://masterclass.com/startups
(36:36) Understanding how a token plays into Tesseract's energy platform