I conducted monthly investor updates to maintain transparency about our financial health and operational challenges.

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

We focused on transparency and open communication in our organization to build trust and ensure everyone understood the company's direction and performance.

I had to be transparent with my first hire about our financial struggles, and luckily, she was understanding, which helped us maintain our reputation.

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.

When a startup is failing, it's important to communicate openly with investors and ensure that employees are not left in the dark.

I emphasized open communication during the crisis, holding weekly all-hands meetings to keep everyone informed and engaged.

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.

Keeping investors closely updated through monthly reports is crucial, especially during tough times, as it helps maintain transparency and accountability.