Startup founders - be frugal, not cheap

The message here is really clear. Be frugal as fuck. That's the indicator of a founder who is really going long. Every single penny you spend that does not drive incremental growth to the company is money out of your pocket and more importantly, adds up over time. Prioritize high impact investments. Avoid every unnecessary expense. Because every single founder, by the time they hit series B, knows they could have spent less money, raised less money and own more of their company. You have no one to impress. So to a certain extent, wildlife founders the bootstrap feel the pain. Because there's no superpower like a founder that goes into beast mode because they're running out of Runway. So remember, it's all about IRR investor rate of return for every penny you spend. What are you getting back? Because you make 5%. Just keeping it in the bank. Good luck.