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Is the Black Swan a Black Swan?
I think people have had their heads down. They've got 18 months of runway, they've got a core team that's lean and really focused. What do you say to that lean startup? How should they operate during the sound market? I think that's probably three questions. Don't speculate on when a market window would open or when financing might turn back on. If you can control your path to cash flow break even, don't do anything to f*** that up.