Investor Stories 431. Level Heads Build Enduring Companies, The Power of Persistence, and Why Conviction is Everything (Saxena, Delk, Rizik)

This episode of TFR is brought to you by Ramp, the spend management platform we use here at TFR. They're offering listeners a $150 just to take a demo. We've never had an offer quite like this. Claim your $150 before this offer is gone at our partner link, ramp.com/partner/tfr. And this episode of TFR is brought to you by the American Arbitration Association, where smart startups and investors turn to for fast, efficient, and cost effective dispute resolution. Visit adr.org/tfr to learn more. Welcome to the podcast about venture capital, where investors and founders alike can learn how VCs make decisions and reach conviction. Your host is Nick Moran, and this is the full ratchet. Welcome back to TFR. On today's special segment, we ask guests for the most important piece of advice that they'd share with folks early in their venture career. Here's the segment called key advice. On today's special segment, we have Shashank Saxena of Sierra. Shashank, if you could share one piece of advice with a young new founder, what would you tell them? The highs are high, the lows are low, but the good news is neither of those are real because the reality is somewhere in between. Right? So founders sometimes get way too excited based on a good customer call or a deal that they close around, this is great, and we are on a path to world domination. And next thing you know, three hours later, they've lost another customer or two of their best engineers have quit, or something else happened. And then they suddenly feel low, and they're like, oh my god. This is terrible. I don't know how I'm gonna make it through this. And neither of those two are real. The reality is somewhere in between. So just stay level headed and even keel because this is a very, very long journey. And the more the more grounded you stay, the the better it is. So you're not gonna feel the emotional turmoil you'll be doing yourself and your mental health a huge favor, honestly. On today's special segment, we have Ryan Delk of Primer. If you could share one piece of advice with a new founder, what would you tell them? It's gonna be harder than you think, but don't quit. Good. Simple and true. This episode of TFR is brought to you by ADR. A business dispute doesn't need to become a legal and reputational crisis. Smart investors and startups add arbitration language to their term sheets for fast, efficient, and cost effective dispute resolution. The American Arbitration Association has arbitrators that understand your business, bringing industry expertise and experience with startups, tech, and finance. Visit adr.org/tfr to learn how arbitration helps leaders keep their focus on growth, not legal battles. Now back to the episode. On this special segment, we have Chris Ryzak of Renaissance. If you could share one piece of advice with a young new invest investor, what would you tell them? …