There are so many industries with specialized high-skill labor (legal, finance, and healthcare as examples) where those workers can be made 10x more efficient with great software.
@alainexe_ A lot of people in crypto will soon be working at MCD if they have not started to already. Too many dudes were doing "a lot of crypto" last year.
@Carnage4Life Remember the "purchasing" power of cash has gone way darn up given now you can purchase many different assets (equities in particular) at 20 - 70% discount vs last year. So cash is the emperor, the king and the dictator right now.
A dude I know 5xed his net worth / made generational wealth shorting crypto. He’s active on Twitter - has measured takes on risk reward. Nothing sensational.
Doesn’t dunk on anyone. Isn’t running hindsight Capital shilling some crappy Econ thought piece
Maybe wisdom there
@BoxingBookworm@polak_jasper One CEO tried that. Fired an exec. Next 2 months, 3 others he did not want to fire left. Fire who deserves to be fired, not just someone you are threatened by.
@HarryStebbings Used to work with a founder who would put a "sob" story slide around "what went wrong" in the previous Q. Gave him credibility but then it was the same failures repeated every time. The dude is no longer the CEO.
The two fastest way to lose credibility with investors in a deck:
Show ridiculous market sizes that are not indicative of the real market.
Confuse metrics with revenue, GMV, TPV; that ain’t revenue.
Be direct, be clear.
Include a slide: Why You Should Not Invest?
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