We’re halfway through August and there’s still no summer slowdown in sight! As fall approaches, we gear up for a peak fundraising season with a favorite group chat topic: The dos and don’ts of raising venture capital. We share our takes on some of the most divisive topics as investors and founders: Do you need a warm intro, should you take money from scouts, when does it make sense to take meetings with associates, do all co-founders need to pitch? Plus: The tech giants embrace hustle culture, GPT-5’s launch sparks public mourning for its predecessors, and the negative gross margins of coding apps bring back memories of ZIRP.

Mercury is back as the headline sponsor for season two! Mercury is a financial technology company, not a bank. Banking services provided through Choice Financial Group, Column N.A., and Evolve Bank & Trust; Members FDIC.

This podcast is edited by Eric Johnson from ⁠LightningPod.fm⁠.