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Linda Xie
@linda
1/ I've shared this privately with some people and it seemed to help so sharing in case helps anyone else There were a couple really tough years for my fund Scalar - crypto markets were down ~90% since we launched in 2018, we were outperforming but not by much and still a huge loss. It was difficult to fundraise (did ~1000 fundraising meetings) I didn't have issues with the market personally since I'd been through a long bear market in crypto before but this was the first time I had taken capital from investors and hired employees as a founder. I felt an enormous sense of guilt every day that I had let the people who trusted me down
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Linda Xie
@linda
2/ Climbing out of those levels required many multiples and it was going to be a long road ahead for us. It was quite difficult for some time and I ended up going to therapy over 2 years which helped me a lot. It helped me separate what was in my control vs not and to not be so hard on myself Scalar fortunately ended up doing well but even if it hadn't, not being too hard on yourself when you try your best is important. Starting anything involves risk and people who partake in it understand it. And talking with a therapist who you resonate with can help a lot (not an overnight thing)
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chris 🤘🏻
@ckurdziel.eth
Have a ton of respect for you for sharing this type of stuff - having spent time in venture myself I was always surprised at how much people talk about how it is a long term game, but then how much emotion and short term stuff can enter the picture and cloud decision making (LPs, pressure to find new hot deals, etc).
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