Mikey Shulman

There's a part of me that wants to say, allow remote work. That's like a spicy one. The thing is, it's not spicy.

We never, you know, we built the company in person and we make exceptions for people to be remote. And it is generally worth it. It's just- Is that not very hard? No, it is very hard. Making exceptions. Some people are worth it. But I think as you scale, exceptions are a sign of judgment. I think judgment is like so underrated on how important it is. It's like compared to people's skills.

We never, you know, we built the company in person and we make exceptions for people to be remote. And it is generally worth it. It's just- Is that not very hard? No, it is very hard. Making exceptions. Some people are worth it. But I think as you scale, exceptions are a sign of judgment. I think judgment is like so underrated on how important it is. It's like compared to people's skills.

We never, you know, we built the company in person and we make exceptions for people to be remote. And it is generally worth it. It's just- Is that not very hard? No, it is very hard. Making exceptions. Some people are worth it. But I think as you scale, exceptions are a sign of judgment. I think judgment is like so underrated on how important it is. It's like compared to people's skills.

And as you scale the judgments required to make these exceptions, I think it's very, very hard. We are much bigger than we were a year ago. And I think this is already beginning to get difficult on like, is that person an exception? Is that person an exception, et cetera?

And as you scale the judgments required to make these exceptions, I think it's very, very hard. We are much bigger than we were a year ago. And I think this is already beginning to get difficult on like, is that person an exception? Is that person an exception, et cetera?

And as you scale the judgments required to make these exceptions, I think it's very, very hard. We are much bigger than we were a year ago. And I think this is already beginning to get difficult on like, is that person an exception? Is that person an exception, et cetera?

Yeah, I think about capital as a weapon and you can go and deploy it. And if you have, there are step changes where more capital lets you do something differently from if you just added 10% more capital to your balance sheet. Do you think founders and VCs are aligned? 99% of the time, yeah. There's like lots that I wish I knew before starting this company.

Yeah, I think about capital as a weapon and you can go and deploy it. And if you have, there are step changes where more capital lets you do something differently from if you just added 10% more capital to your balance sheet. Do you think founders and VCs are aligned? 99% of the time, yeah. There's like lots that I wish I knew before starting this company.

Yeah, I think about capital as a weapon and you can go and deploy it. And if you have, there are step changes where more capital lets you do something differently from if you just added 10% more capital to your balance sheet. Do you think founders and VCs are aligned? 99% of the time, yeah. There's like lots that I wish I knew before starting this company.

What do you know that you wish you'd known? We reserve a good portion of our fund for capital later on in case you need it. That's code for like, I'm going to take my pro rata and there's nothing you can do about it. Stuff like that. In the good cases. In the good cases. In the bad. In the bad cases, I'm not going to give it to you. Yeah, yeah. No fucking way.

What do you know that you wish you'd known? We reserve a good portion of our fund for capital later on in case you need it. That's code for like, I'm going to take my pro rata and there's nothing you can do about it. Stuff like that. In the good cases. In the good cases. In the bad. In the bad cases, I'm not going to give it to you. Yeah, yeah. No fucking way.

What do you know that you wish you'd known? We reserve a good portion of our fund for capital later on in case you need it. That's code for like, I'm going to take my pro rata and there's nothing you can do about it. Stuff like that. In the good cases. In the good cases. In the bad. In the bad cases, I'm not going to give it to you. Yeah, yeah. No fucking way.

So that's, you know, that's billed as very founder friendly and it's actually the opposite.

So that's, you know, that's billed as very founder friendly and it's actually the opposite.

So that's, you know, that's billed as very founder friendly and it's actually the opposite.

Care about it, I think is the answer. You know, like there's no secrets here. It's like we started charging from day one. Maybe that was a bit of a happy accident. We always looked at it. And, you know, I care a lot more about building a giant platform right now than I do about revenues. But I need to make sure that these things are somewhat commensurate.

Care about it, I think is the answer. You know, like there's no secrets here. It's like we started charging from day one. Maybe that was a bit of a happy accident. We always looked at it. And, you know, I care a lot more about building a giant platform right now than I do about revenues. But I need to make sure that these things are somewhat commensurate.

Care about it, I think is the answer. You know, like there's no secrets here. It's like we started charging from day one. Maybe that was a bit of a happy accident. We always looked at it. And, you know, I care a lot more about building a giant platform right now than I do about revenues. But I need to make sure that these things are somewhat commensurate.

Sure, you can come up with edge cases where, like, I have to sacrifice, you know, I have to do the Intel thing. I have to sacrifice all my revenues for this next opportunity. But absent that, the revenues growing is a sign that people are experiencing something that they want to pay for. And that is a good thing. And we shouldn't be ignoring that.