It’ll be interesting to see how much “founding pedigree” actually matters now that free money is gone. It’s not to say it was ever easy (and I’ve certainly neve

It’ll be interesting to see how much “founding pedigree” actually matters now that free money is gone. It’s not to say it was ever easy (and I’ve certainly never done it), but I’d bet even folks with past successful exits are going to have a hard time these days. Hell, the market has shifted so much that I wonder if having done it before matters a whole lot now, when you fundamentally today need a different attitude toward free cash flow early on versus 5 years ago.