Founders

fc-updates

Excited to share the news about our recent fundraise!

In all earnestness, I’ve learned a lot watching the Merkle team build in public:
- don’t cargo cult industry norms around incentives, decentralization, or GTM
- take a long time horizon (similar to schlep blindness)
- hire mostly engineers and pay them well
- measure what matters (retention)

Hats off to the team!

Thanks for the summary here. I'm pretty new but have been super impressed with the steady-handedness of the team. Long time horizon has a lot to do with it.

Gotta respect the signal on the cap table too - these investors aren’t constantly pressing a team to launch a token simply for the uptick. 

Unless….

Mostly agree! These rules are tweaked depending on the stage of building one is in.

For example as you start you want to mention retantion but mainly as you raise user acquisition is crucial.