Did you miss the first two sessions of @w_cryptoevents Crypto Builders Bootcamp? Read on for a brief recap on what was discussed! 👇
In the first session, CEO @EvgenyGaevoy, and co-founder, @YoannTurpin1 of @wintermute_t , covered the topic of “Building a market leader: The story of Wintermute”, hosted by @jmrluna, former CEO of @OGesports.
They highlighted their experience of starting up a company, covering the beginning of Wintermute, market conditions, their fundraising experience and overall biggest challenges and learnings from it, and more.
“And I think what I did not copy and that's kind of like what was one of the main learning in general for me is just like you start by doing a lot of things by yourself. You are as a founder, you just have to be very hands on. You need to learn a lot of things which are completely new to you, whether it's coding or accounting. It doesn't really matter. You just need to learn everything.
And at the end of the day, all the team leads that we currently have, none of them are just like hands off managers. They're all very hands on people.” - Evgeny Gaevoy on fostering the company’s culture
“How you assess product market fit is when people are happy to pay for it—essentially people happy to trust us with a borrow, for example, in the case of providing liquidity—then you have product market fit because it means that they trust that.” - Yoann Turpin on product market fit.
You can catch the first session on YouTube here:
The second session focused on topic of “Fundraising Playbook” with @kevinlin, co-founder of @twitch, @metatheoryinc, and @tn_pendle, co-founder of @pendle_fi.
In this session, we learned about their fundraising war stories, types of funding, fundraising process, biggest mistakes founders make when fundraising, and more!
“We felt increasingly uncomfortable just to launch a token for the sake of launching. We wanted to get into a system that we could see people participating in and start to understand what it is that they wanted.” - Kevin Lin on MetaTheory's funding choice.
“I think for us it was largely benchmarking because there were no comparable products, but we were just selling an idea. So for us, we were designing the AMM for a specific type of token that wasn't around. So it was an entirely new sector but we benchmark against the prospects of other AMMs like Uniswap and Balancer and Curve and then compare that to their earlier days and where they are.” TN on Pendle's fundraising strategy.
Join us tomorrow (Wed, 6 Dec: 1AM CET / 5:30AM IST / 8AM HKT), for another exciting session where @jtwald, CEO & co-founder of @storyverse_xyz, and @keoneHD, co-founder & CEO at @monad_xyz, explore "Founder Market Fit: Why are you building this?" Moderated by @stevenmeets, co-founder and GP at @PressStartCap.
Don't miss out:
