Steven Galanis

Unsere Runde war 400 Millionen Dollar übersubscribed. Die Leute kämpften. Wir hatten Investoren, die Karten, die größer waren als ihre Ausgabe, um in die Runde zu kommen. Die Leute kämpften wirklich darüber. Und... Yet today, marketplaces are getting valued on even a multiple. So if you're burning money, it doesn't matter what your net revenue is.

The market's effectively telling you you're worth nothing. So we got into a point where when you looked at the public market comps of businesses like ours, If we had gone to try to sell the company, we probably wouldn't have been able to clear our prep stack.

The market's effectively telling you you're worth nothing. So we got into a point where when you looked at the public market comps of businesses like ours, If we had gone to try to sell the company, we probably wouldn't have been able to clear our prep stack.

The market's effectively telling you you're worth nothing. So we got into a point where when you looked at the public market comps of businesses like ours, If we had gone to try to sell the company, we probably wouldn't have been able to clear our prep stack.

So that's why taking the tough medicine, bringing the valuation down, doing a recap, it ended up being the thing that really, I think, has given us a second life. It's been absolutely critical for me to keep my best employees. They need to be incentivized. And as we build a billion dollar company back up, I want the people that We're here for this ride to be very richly rewarded.

So that's why taking the tough medicine, bringing the valuation down, doing a recap, it ended up being the thing that really, I think, has given us a second life. It's been absolutely critical for me to keep my best employees. They need to be incentivized. And as we build a billion dollar company back up, I want the people that We're here for this ride to be very richly rewarded.

So that's why taking the tough medicine, bringing the valuation down, doing a recap, it ended up being the thing that really, I think, has given us a second life. It's been absolutely critical for me to keep my best employees. They need to be incentivized. And as we build a billion dollar company back up, I want the people that We're here for this ride to be very richly rewarded.

And I'll tell you one more thing. This group right here, the new goal is the 10x evaluation of the company before we double headcount again. In the old world, when we raised, I remember we raised, you know, 12 and a half in our Series A and 50 in our Series B and 100 in our Series C. And every time you'd read those press releases, it's like Cameo raised $50 million.

And I'll tell you one more thing. This group right here, the new goal is the 10x evaluation of the company before we double headcount again. In the old world, when we raised, I remember we raised, you know, 12 and a half in our Series A and 50 in our Series B and 100 in our Series C. And every time you'd read those press releases, it's like Cameo raised $50 million.

And I'll tell you one more thing. This group right here, the new goal is the 10x evaluation of the company before we double headcount again. In the old world, when we raised, I remember we raised, you know, 12 and a half in our Series A and 50 in our Series B and 100 in our Series C. And every time you'd read those press releases, it's like Cameo raised $50 million.

And now they're going to take headcount from 50 to 175 people, right? Like hiring people itself was like a goal. And part of that is, I've always believed fundraising is just a proxy for hiring. People are giving you money so you can hire people on their behalf, basically. um ihre Investitionen wertvoller zu machen.

And now they're going to take headcount from 50 to 175 people, right? Like hiring people itself was like a goal. And part of that is, I've always believed fundraising is just a proxy for hiring. People are giving you money so you can hire people on their behalf, basically. um ihre Investitionen wertvoller zu machen.

And now they're going to take headcount from 50 to 175 people, right? Like hiring people itself was like a goal. And part of that is, I've always believed fundraising is just a proxy for hiring. People are giving you money so you can hire people on their behalf, basically. um ihre Investitionen wertvoller zu machen.

Aber ich liebe dieses Mindset, das mein Team jetzt hat, das sagt, wir können das mit den Leuten, die wir hier haben, tun. Und oh, übrigens, wir müssen so eine hohe Bar haben, dass wenn wir jemanden hinlegen, es wird nur so viele Säte auf diesem Rocketschiff geben. Und wir müssen sicher sein, dass wir unglaublich glaubwürdig und selektiv sind, wer kommt. Und es ist einfach ein anderer Playbook.

Aber ich liebe dieses Mindset, das mein Team jetzt hat, das sagt, wir können das mit den Leuten, die wir hier haben, tun. Und oh, übrigens, wir müssen so eine hohe Bar haben, dass wenn wir jemanden hinlegen, es wird nur so viele Säte auf diesem Rocketschiff geben. Und wir müssen sicher sein, dass wir unglaublich glaubwürdig und selektiv sind, wer kommt. Und es ist einfach ein anderer Playbook.

Aber ich liebe dieses Mindset, das mein Team jetzt hat, das sagt, wir können das mit den Leuten, die wir hier haben, tun. Und oh, übrigens, wir müssen so eine hohe Bar haben, dass wenn wir jemanden hinlegen, es wird nur so viele Säte auf diesem Rocketschiff geben. Und wir müssen sicher sein, dass wir unglaublich glaubwürdig und selektiv sind, wer kommt. Und es ist einfach ein anderer Playbook.

Yeah, my morning routine, I go and do Pilates every morning. And then I go and follow that up with a cold plunge. Yes. And honest to God, it doesn't matter how shitty I was feeling. And I'm not someone, I'm very envious. I'm like a four-hour-sleep guy. I've done the eight sleep, I've done everything. It's just not, my mom was like that. I go to bed at two, I wake up at six.

Yeah, my morning routine, I go and do Pilates every morning. And then I go and follow that up with a cold plunge. Yes. And honest to God, it doesn't matter how shitty I was feeling. And I'm not someone, I'm very envious. I'm like a four-hour-sleep guy. I've done the eight sleep, I've done everything. It's just not, my mom was like that. I go to bed at two, I wake up at six.

Yeah, my morning routine, I go and do Pilates every morning. And then I go and follow that up with a cold plunge. Yes. And honest to God, it doesn't matter how shitty I was feeling. And I'm not someone, I'm very envious. I'm like a four-hour-sleep guy. I've done the eight sleep, I've done everything. It's just not, my mom was like that. I go to bed at two, I wake up at six.

That's how I've always been.