Extreme Winter Incoming – What Should We Do As Founders?


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Jan 13 2023 5 mins  

Winter is coming and, as founders, we need to prepare to weather the storm. With the recent mass layoffs and hiring freezes in the Web3 space, it’s important to stay level-headed as a leader and do your best to steer the ship in the right direction. In this episode, we discuss strategies for staying afloat, and the qualities required to do so. Stay tuned for our prediction for the future of NFT projects!

TIME-STAMPED SHOW NOTES:

  • [00:07] Recent news: Meta layoffs, strikes, and hiring freezes.
  • [00:35] What to do as founders, to survive the winter.
  • [02:09] Whether or not it’s a good strategy to proactively raise capital.
  • [04:01] How to behave as a leader.
  • [05:08] Eric’s prediction for the future of NFT projects.

Tweetables:

“In the last year or two, cash was trash but now cash is oxygen.” — @ericosiu [0:00:43]

“As much as there’s extreme weather coming to the entire market and whatnot, there’s still a lot of funds on the sidelines waiting to invest in great projects.” — @wilxlee [0:02:23]

Links Mentioned in Today’s Episode:

Wilson Lee on Twitter

Wilson Lee on Instagram

Eric Siu on Twitter

Eric Siu on Instagram

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