2min snip

The Twenty Minute VC (20VC): Venture Capital | Startup Funding | The Pitch cover image

20VC: Raising $126M Across 3 Rounds in Just 6 Months, Being the Youngest Founder of a Unicorn Company | But Everything Was Not as it Seemed: The Real Story of Vise: The Regrets, Mistakes and Mis-Hires with Vise's Samir Vasavada

The Twenty Minute VC (20VC): Venture Capital | Startup Funding | The Pitch

NOTE

Focus on Financial Discipline and Smart Hiring

The speaker reflects on a past experience where the company lost money due to overpayment to AWS but was advised by a colleague not to worry about it. The speaker learned that financial discipline is crucial and that money does matter. They also emphasize the importance of smart hiring, cautioning against rapid scaling and advocating for a strong team of problem solvers rather than simply increasing headcount. The speaker acknowledges that ultimately, the founder is responsible for decision-making, not the investors.

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