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.

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.

Founders being honest about their mistakes fosters an open culture where team members feel comfortable sharing their own mistakes.

Maintaining team morale and trust is essential, even when you can't share all the details about the company's future.

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.

We learned that sharing real-time metrics with the entire company, even during interviews, creates a culture of accountability and alignment, making everyone feel part of the mission.

Radical transparency at monday.com means sharing all information with employees, fostering a sense of partnership rather than demoralization, and encouraging collective problem-solving.

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.

Sharing bad news, like having only two months of runway, can actually motivate great startup employees to engage and find solutions together.