Transparency with your team during fundraising is crucial. Sharing both good and bad news helps maintain trust and keeps everyone aligned on the company's goals.

The key to maintaining morale during tough times is ensuring that team members feel they are making a difference and that their work is impactful.

Managing team psychology is challenging, especially when you can't be fully transparent about potential company changes, like a sale.

I had to balance transparency with kindness when discussing the company's future with my team, especially as we grew larger.

Being honest with yourself about your product's performance is vital. Your team often knows the truth before you do, and addressing issues together can boost morale.

I believe in being honest with my team during tough times; involving them in decisions helps get the best ideas and buy-in, even when half the team doubts the project.

The most counterintuitive lesson I've learned is that sharing information openly with the team fosters a sense of partnership and collective ownership, rather than demoralizing them during tough times.

It's important to stick to first principles and communicate the reality of the situation to the team during challenging times. Having open, honest, and vulnerable conversations helped us navigate tough times in the crypto space, and companies that survive these challenges can benefit during the good times.

Being part of a team that trusts each other and feels treated fairly is essential for survival in a startup environment, rather than being a distraction from it.