I communicated transparently with my team and investors about our financial situation, ensuring everyone understood the challenges we faced.

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

Be transparent with new hires about stock options and salary, as your first employees are crucial for building loyalty and trust.

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.

Our first employee recognized that we persevered through tough times because we were passionate about our mission, which is essential for success.

We had to make tough decisions during the pandemic, including layoffs, but I aimed to do it with compassion and transparency.

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

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.

Good startup employees want honesty and transparency about the company's situation. They understand the challenges and want to know how they can contribute to improving outcomes.