The Latest from Walter Thompson
Despite the myth, sharks don’t need to keep swimming to keep breathing. Early-stage startups, on the other hand, are not so fortunate.
You can’t create a magic plan to save your startup — there are simply too many factors outside of your control.
The hunt is already on for another mythical animal that best represents startup attainment in a down market, like "ARRmadillo."
Do you have IP counsel? Does your app have a UX protection strategy? Have you ever conducted an audit?
If or when you get laid off, there's a chance that a TechCrunch reporter will find out before you do.
Every founder I’ve ever worked with was absolutely, completely convinced that they could build and scale a company.
A definitive founder's guide would have to include chapters like "So you've hired the wrong person" or "Five ways to tell if an investor is lying to you."
Everyone gets wet when it rains, but accepting a down round allows founders to keep building their businesses.
Startups that don't have PMF, supportive investors or a manageable burn rate should already be planning to reduce headcount.
Relying on vanity metrics is like attending a Little League awards dinner: Everyone goes home a winner!
"Growth at all costs" is a fairy tale made possible by cheap money that helped VCs set expectations for founders — and each other.
If your deck doesn't give prospective investors a clear idea of how you will put their money to work, you're not going home with a term sheet.
I have nothing personal against investors, but sitting in a room with one while I try to sell them on my billion-dollar idea sounds very stressful.
If you ask three different people whether we're in a recession, you could easily get three different answers.
A startup that lacks a cash management program is like a car with a blinking fuel light: how far can you travel with the fuel in your reserve tank?
The idea that there's a "good" time to launch a startup is just a bedtime story investors tell founders.
Sending cold emails to investors isn't a terrible idea — as long as you've done your research first.
In business, if someone offers you free advice, it's probably for their own benefit.
Are you planning to play League of Legends during your next investor pitch? (If so, reading this probably isn’t a good use of your time.)
"The American dream is still really important to immigrants. They still want what America represents and they're going to reevaluate their relationship with Big Tech and the nature of work."