Founders

In crypto, there is a tendency for founders to think like traders, given the volatile price action and the rapid narrative shifts

But you are not a trader! Traders hedge

You're a founder — you have *one* open long position. Focus and make it count!

In crypto, there is a tendency for founders to think like traders, given the volatile price action and the rapid narrative shifts

But you are not a trader! Traders hedge

You're a founder — you have *one* open long position. Focus and make it count!

https://x.com/JonErlichman/status/1820182651602637209

disagree. potentially long form post coming.

looking forward to you looking forward to reading it

"to think like traders" threw me off. i thought it was figurative for ignore the market. 

i mean yeah, don't run side hustles when you raise investor money kids.

Not arguing against ingesting external data when making decisions about what to do within the context of the company

I'm arguing you shouldn't be day trading, running side hustles, or conference surfing while running a company