The best founders take action. They don't really dollar you round or yes. This is the time. Now is the time to be an adult to be a grown up. There are no more plus, plus, plus rounds. Find another new seed fund that's on their first fund who gives you uncapped notes. You got to be focused and have financial discipline. And then what happens is I've seen this all the time: Hey, we didn't hit our number. But because we spent 42% less because we didn't find these two hires, we actually are ahead on our earnings. We're in good shape here.
Jason welcomes back Kruze COO Scott Orn for another edition of Startup Finance Basics! Jason and Scott break down the state of the market (0:00), 2023 budget planning (9:21), and how to nail investor comms! (14:58)
(0:00) Jason welcomes Kruze COO Scott Orn and they discuss the state of startups and VC
(9:21) What a 2023 budget plan should look like at a Seed stage startup
(14:58) Bias for action, investor comms