Know the Problem That You’re Trying to Solve — with Jonathan Levin
As a startup in the frontier market of cryptocurrency, Chainalysis made a name for themselves as a government investigation service for cryptocurrency. Graduates of the New York Barclays Accelerator, powered by Techstars, they now provide cryptocurrency analysis that helps organizations manage risk in cryptocurrency markets to expand its possibilities. Cofounder Jonathan Levin explains that the key to startup growth is to “double down on where you're finding that product market fit in the early days and understand why people are buying from you.”
Jonathan talks about being excited by your vision, having a passion for solving a global problem, and the challenges of finding investors in a frontier market. He explains the importance of building upon your initial customers, knowing when to hire your first product and HR managers, and "building a great culture of people who are deeply mission-focused."
Techstars personnel and/or guests who speak in this podcast express their own opinions, and not the opinion of either Techstars or any company discussed in this podcast. This podcast is for informational purposes only, and should not be relied upon as legal, business, investment, or tax advice. You should consult your own advisers as to those matters. References to any securities are for illustrative and/or informational purposes only and do not constitute an investment recommendation or offer to provide investment advisory services. Furthermore, this content is not directed at nor intended for use by any investor or prospective investor, and may not under any circumstances be relied upon when making a decision to invest in any fund managed by Techstars. Certain of Techstars funds own (or may own in the future) securities in some of the companies discussed in this podcast.