Founders

seeing stark difference in approach/mindset in founders from 2020/21 who raised 4-10mm and now default dead vs those who raised recently or are starting something new despite 2020/21 founding experience.

many in 2020 cohort not mature/nuanced and still trying to chase trends vs independent thesis about markets and conviction

<IMHO>
Combination of
1. Founder probs raised in 20/21 chasing prev narratives (guilty!)
2. Founder learning the wrong lessons (hopefully not? idk)
3. Founder looking at the $40M+ Val and realizing a 10x from there doesn't make sense in 95% of the avenues they could pursue
</IMHO>

Founder, designer, & product guy pushing pixels at /basepaint

i felt it was tons of 2 in recent convos. many didn't understand what early marination of ideas meant or how markets are created. they assume absolute bangers can be seen/exist from day one. i felt a bit of fomo in others. takes courage but i respect those who return $ and reset early vs treating vc as trust fund daddy paying minimal salary. it is painful. but would rec 10/10