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Not A Cartel
2025-03-19
Don't Beg VCs for Money: Peter from 1kx | NAC Ep. 11
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About the episode

Peter from 1kx drops founder survival knowledge during crypto's market downturn. Forget begging VCs for money—build community, focus on revenue, and reach ramen profitability instead.

Topics Covered:

Why VCs won't invest right now and what to do instead (11:38)
Getting to "default alive" and ramen profitability (15:31)
Capturing market growth when sentiment shifts (20:05)
NFTs, social permeability, and reaching beyond crypto natives (25:05)
Counter-cyclical building: taking risks when others won't (34:19)

Essential listening for founders navigating the bloodbath and positioning for the inevitable market turnaround.

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