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Recessions let entrepreneurs hire great people cheap, focus on solid fundamentals, and pivot. The speaker launched Fund Launch during COVID, went online, made millions, then shifted back to live events.

Recessions let entrepreneurs hire great people cheap, focus on solid fundamentals, and pivot. The speaker launched Fund Launch during COVID, went online, made millions, then shifted back to live events.
Recessions are sometimes a gift for entrepreneurs. They can acquire talent and people to work for them at a much easier pace. When the market's hot and everyone's getting huge salaries, it's hard to go and find good engineers and good salespeople and good talented people to work for you. So I think of this time as a time to build and to be resilient, to run a strong balance sheet. A lot of times it's a chance to get ahead. We started Fund Launch during COVID Everyone was at home and we just pivoted to online. It did extremely well for us. We made millions of dollars. After that, we then moved to live events. We've done other types of things to market and move based on the moment we are in. Good entrepreneurs will find the moment that they're in.

The AI stack is trying to consolidate to a winner take all, do you think it'll stay fractionalized

Before you launch a fund, triple check your fund attorney actually filed everything.

Different view on housing affordability and the fed raising rates not lowering rates