Not A Cartel

Don't Beg VCs for Money: Peter from 1kx | NAC Ep. 11

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.