Shopify layoffs change the founder landscape, fundraising continues to shift for founders and Paul continues to hammer away on Beacon.
Shopify's CEO was brutally (and refreshingly) honest that he made the wrong call during the pandemic which contributed to the current round of layoffs the company is executing. Founders should pay attention not only to how Shopify is broadcasting their intentions but what lead them astray in their decision-making.
Fundraising continues to shift to an environment where VCs have more leverage. If you're raising money there are still ways to make your company stand out. They require ruthless transparency and an understanding of the biggest challenges your company may face.
Paul is hammering away at a new version of Beacon that should be awesome. To be continued....
If you've got a comment or question for the show, you can e-mail us at show@resultsjunkies.com. You can find Paul and Ed online @paulsingh and @pizzainmotion.