Entrepreneurship, crypto, and making friends! All of this and more in this week's list.
Uplevel Your Founder-VC Relationship
"A common question is: how transparent should I be with my investors? It’s a simple question, but it causes Founders a lot of subconscious stress. We all want to make the people who support us happy. The tendency here is to think that showing vulnerability undermines your investor's confidence in you. You will have a strong impulse to act like you’re killing it – even when you aren’t.
Don’t fall victim to that impulse. Always default to being authentic, as opposed to telling an idyllic story. The truth is that being vulnerable isn’t a weakness. Investors know that running a startup is tough, and especially today, many VCs have lived through these challenges themselves. They prefer to see someone who is openly vulnerable and is coping with the reality, rather than someone who is struggling and evasive."
How is Making Friends Changing?
"Many people complain that the older they get, the more challenging it is to make friends. I’m the opposite. The more mature I become, the more I know who I am, what I need, and who I can be friends with.
The digital age is here. We have numerous chances to reach out and connect with people all around the world. There is no excuse to sit alone in a room and complain about why nobody understands us.
Where there’s a will, there’s a way.
One last thing to remember, we are the average of five friends around ourselves. So, choose our friends wisely and review our contacts regularly!
Good luck making friends in the Metaverse!"
"Very few money managers stopped to engage the critical thinking part of their brain and ponder how the fuggity fuck Anchor generated these yields. But it didn’t matter, because up until the crash of UST and LUNA, it paid out 20%. This was the mother of all crypto carry trades."