we aren't there yet, though. a lot of successful startups were founded during recessions. everything is cheaper in a recession - office space, perks, salaries

we aren't there yet, though. a lot of successful startups were founded during recessions. everything is cheaper in a recession - office space, perks, salaries, equity %, etc. this helps every $ go farther. but we aren't there now and may not be this round. it's a unique event. I can't imagine starting a company now and having the whole team be remote when your #1 goal in your series A is to execute as fast as possible and communication is one of the key limiters.