Steven Galanis

Ja, schau, wenn du, wenn du, da war in der Zero Interest Rate Umgebung, richtig? Three guys in a pitch deck could get funded. But at the end of the day, if you find product market fit, if you have something that people want, you're going to be able to find capital. It's really, really rare that I see founders. I see founders all the time talking, oh, it's so hard to fundraise, blah, blah, blah.

When you have something real and your customers are raving about it and they see it and the VCs, I never see those people struggle to raise capital. I'm sure it's happened. There might be exceptions, but it's almost always the founders that don't have product market fit that are bitching about how hard it is to fund. And guess what?

When you have something real and your customers are raving about it and they see it and the VCs, I never see those people struggle to raise capital. I'm sure it's happened. There might be exceptions, but it's almost always the founders that don't have product market fit that are bitching about how hard it is to fund. And guess what?

When you have something real and your customers are raving about it and they see it and the VCs, I never see those people struggle to raise capital. I'm sure it's happened. There might be exceptions, but it's almost always the founders that don't have product market fit that are bitching about how hard it is to fund. And guess what?

You have to find product market fit before you raise real capital. Right. Andererseits ist es nur Spekulation, weil, schau, es gibt so viele tolle Ideen, die existieren. Und ja, vielleicht hat jemand eine tolle Pädagogik und wir haben das gesehen. Ich habe viele Leute gesehen, die Kameo verlassen und sie waren der Grund, warum wir gewonnen haben. Und sie kommen und dann werden sie gefundet.

You have to find product market fit before you raise real capital. Right. Andererseits ist es nur Spekulation, weil, schau, es gibt so viele tolle Ideen, die existieren. Und ja, vielleicht hat jemand eine tolle Pädagogik und wir haben das gesehen. Ich habe viele Leute gesehen, die Kameo verlassen und sie waren der Grund, warum wir gewonnen haben. Und sie kommen und dann werden sie gefundet.

You have to find product market fit before you raise real capital. Right. Andererseits ist es nur Spekulation, weil, schau, es gibt so viele tolle Ideen, die existieren. Und ja, vielleicht hat jemand eine tolle Pädagogik und wir haben das gesehen. Ich habe viele Leute gesehen, die Kameo verlassen und sie waren der Grund, warum wir gewonnen haben. Und sie kommen und dann werden sie gefundet.

Und ich habe viele dieser Karten auch für tolle Mitarbeiter geschrieben. Und vielleicht, wenn du wie ein Weltklasse-Org verlässt, dann sind die Leute auf der Pädagogik bettend. Aber fast immer sehe ich... Those founders ended up struggling two, three years later where they have the money and they haven't found product market fit.

Und ich habe viele dieser Karten auch für tolle Mitarbeiter geschrieben. Und vielleicht, wenn du wie ein Weltklasse-Org verlässt, dann sind die Leute auf der Pädagogik bettend. Aber fast immer sehe ich... Those founders ended up struggling two, three years later where they have the money and they haven't found product market fit.

Und ich habe viele dieser Karten auch für tolle Mitarbeiter geschrieben. Und vielleicht, wenn du wie ein Weltklasse-Org verlässt, dann sind die Leute auf der Pädagogik bettend. Aber fast immer sehe ich... Those founders ended up struggling two, three years later where they have the money and they haven't found product market fit.

And they're kind of in this limbo where it's like, do I return the money? Do I keep doing what I'm doing? Do I pivot? Product market fit needs to be number one.

And they're kind of in this limbo where it's like, do I return the money? Do I keep doing what I'm doing? Do I pivot? Product market fit needs to be number one.

And they're kind of in this limbo where it's like, do I return the money? Do I keep doing what I'm doing? Do I pivot? Product market fit needs to be number one.

Right. And again, I think that's the single biggest mistake That you can make as a CEO, as a founder. And anytime I've struggled or Cameo struggled, it's when I got away from focusing on product market fit. And in the times where we've had to come in and save the company or really decided, that's when I'm super, super deep in the weeds of the front lines trying to make it happen.

Right. And again, I think that's the single biggest mistake That you can make as a CEO, as a founder. And anytime I've struggled or Cameo struggled, it's when I got away from focusing on product market fit. And in the times where we've had to come in and save the company or really decided, that's when I'm super, super deep in the weeds of the front lines trying to make it happen.

Right. And again, I think that's the single biggest mistake That you can make as a CEO, as a founder. And anytime I've struggled or Cameo struggled, it's when I got away from focusing on product market fit. And in the times where we've had to come in and save the company or really decided, that's when I'm super, super deep in the weeds of the front lines trying to make it happen.

Look, for us it's really simple, like as I mentioned, you know, the company got bigger, we were working on all these different initiatives and, you know, suddenly like when the world opened back up and when stimulus checks started and people could, the talent could play their games and go on tour and People started spending money differently.

Look, for us it's really simple, like as I mentioned, you know, the company got bigger, we were working on all these different initiatives and, you know, suddenly like when the world opened back up and when stimulus checks started and people could, the talent could play their games and go on tour and People started spending money differently.

Look, for us it's really simple, like as I mentioned, you know, the company got bigger, we were working on all these different initiatives and, you know, suddenly like when the world opened back up and when stimulus checks started and people could, the talent could play their games and go on tour and People started spending money differently.

Instead of buying cameos, they were going to the restaurant. It was revenge spending. Going to Mykonos and Ibiza. People used to go to Europe once a summer and now I feel like you watch Instagram and people are there four or five times. It's crazy, right? But people started clearly spending money differently and our core business took a big hit in that period. Our core business dropped by over 50%.