Chapter
Starting a Company in Crypto During a Bear Market
15:40 - 19:33 (03:53)
The speaker talks about starting a cryptocurrency company during a period when the crypto market is in a bear phase. He mentions that people who were previously employed at top companies like Google and Facebook may now be re-evaluating their lives and are potential candidates for joining startups.
Clips
In a downturn economy, startups could have access to opportunities and people that would not have been available before, such as former employees from venture-backed companies.
15:40 - 18:06 (02:25)
Summary
In a downturn economy, startups could have access to opportunities and people that would not have been available before, such as former employees from venture-backed companies. This allows for more affordable hiring and growth for startups compared to when the economy is booming.
ChapterStarting a Company in Crypto During a Bear Market
EpisodeTop 5 Interviews of 2022
PodcastMy First Million
The volatility of cryptocurrency markets is a significant challenge for crypto companies.
18:06 - 19:33 (01:27)
Summary
The volatility of cryptocurrency markets is a significant challenge for crypto companies. It is uncertain whether they can survive during intermittently challenging market conditions.