Charley Ma and Mahdi Raza, co-founders of Pathlight Ventures and early employees at unicorns like Plaid and Robinhood, share invaluable insights from their journeys. They discuss the challenges of gaining initial customers, the significance of networking, and the importance of choosing between early and late-stage startups. The duo emphasizes the need for adaptability, discusses equity compensation intricacies, and reflects on their experiences conquering fears and uncertainties to build a successful venture fund in a tough economic landscape.