Founders

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

Co-founder @bountycaster (bountycaster.xyz). Co-producer @ethereumfilm. Previously co-founder of Scalar Capital and product at Coinbase

Thanks a lot for sharing this. Sometimes it feels like everyone around me is so successful except for me, but I’m sure it’s not true. All startup founders go through a lot of ups and downs and it is very very useful to know about all type of stories