How to build a $200 million company in 24 years or the history of Gotbit
The article will focus on Alexey Andryunin, who became a guest of the podcast “X on X” and spoke about his experience, team development, trading and venture direction in the company.
Alexey met his future team while still at school, and began practicing with computer science lessons.
This article will focus on the IDO Reseach channel and specifically on its creator Leo. We managed to record an hour-long interview with him and discuss many interesting things. Now I would like to write down the main topics of our conversation.
Portion financing.
Most projects make most of their money at the time of listing. After this, they are simply not interested in developing the product; they can hire an outsourced team that will pretend that it is working, and then go create a new product and raise money. Solving the problem in piecemeal financing, when the team understands its Burn Rate and strictly requests money from the fund in relation to it, this will not allow the team to relax. It would also be a good idea for cash-out on a listing to send the proceeds to Treasury, but so far no transparent mechanism has been invented for this