.@markpinc says he looks for founders who are "more motivated by taking the hill and winning than by being liked or respected." "There's all these moments where, as a founder, we have to have real courage. But it's not courage to go against the world. It's usually courage to go against our own team and investors." "Because we've promised them things, we've built expectations with them. And now we have to tell them we were wrong. And you come in on Monday and you're like, 'I just saw a product from a competitor, and what we're doing is totally wrong.'" "People have complained, 'Working with Mark is like 3rd grade soccer. Every Monday he wants to chase another ball.'" "And they're not wrong, a lot of the time. Because I'm trying to be intellectually honest. And I can burn people out that way." "But it's because I'm more committed to winning than I am to harmony, or even keeping the team with me." "That's more of the thread I look for — do I see that this person is more motivated by taking the hill and winning than being liked or respected?"

.@markpinc: "The reality in consumer is, where you see traction, there's a good idea. Where you don't see traction, there's not a good idea." "That might sound dumb. But in consumer you're better off backing an unproven entrepreneur who's found product market fit than a proven entrepreneur with no product market fit."

The markup of the Digital Asset Tax Certainty Act is an important next step following the House Ways and Means Committee’s June 9th hearing. The bill reflects significant work undertaken by the Committee and staff. CCI appreciates the Committee’s continued willingness to engage with stakeholders throughout this process and its commitment to developing durable statutory rules for digital asset taxation. Our letter: