TOMORROW: Join us for guest expert @MalloryMaske's remote-first startup playbook, which she's been developing with startup teams since 2007! 🤝
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The true challenge of launching a startup isn't securing investment 💰, but rather persuading 3-4 brilliant individuals from your network to get on board with your vision 🌟. They can make or break your success 💪.
Note I wrote to my kids who were upset that I had to work all weekend. They are 6 and 4 and don't understand a bank collapse.
Startup founders and operators make a lot of sacrifices - they always have.
Talking to a lot founders who are blaming themselves for not moving money from SVB faster.
Let’s be clear you should not have to wake up every morning and worry that today may be the day your bank suffers a bank run and collapses.
In the court of public opinion is there any worse name to have than "Silicon Valley Bank"? People think it's a bunch of Tesla driving millionaires asking for handouts.
Far from reality. Startups and SMB's across the country cannot access their own money. Regular folks.
People creating & sharing resources for founders, GPs and other humans > people sitting on twitter criticizing & telling people they are not smart bc they didn't do XYZ
You can tell a lot about a persons character when they are standing face to face with a crisis.
Tech gets a bad rap for character points. But hot damn, I look around and see people coming together to help each other dramatically (on a weekend no less). 👏🏽
Now hearing worries that young companies that can’t make payroll next week & face uncertainty of getting their SVB money back are worried about mass exodus of core teams.
Founders, just be clear as you can given facts & you’ll be surprised who will stick with you.
It's a Saturday and the people in my life who have nothing to do with the tech industry keep texting me like "whatcha up to today?" and "hope you're having a great weekend". NO BABE I AM NOT. #SVBCollapse