2min chapter

This Week in Startups cover image

ANGEL: FirstMark’s Rick Heitzmann on shaking off the bull run, “shock absorbers,” and more | E1670

This Week in Startups

CHAPTER

Cryptocurrency Market - It Wasn't a Pandemic

A lot of the companies that face it, they didn't have a path to profitability. In a way, they were similar to crypto companies where they were experimenting and building products. There was no revenue or customer base for them to fall back to whereas Uber or Postmates or Airbnb had real business here. It's hard to right size your business in 1999 or 2000 eyeballs.

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