How PayPal & Trulia Navigated Downturns: David Sacks, Craft Ventures + Co-Founder of PayPal

Today we’re talking with David Sacks & Pete Flint about how to lead a company through an unforeseen downturn, and what it takes to adapt and survive in an unpredictable economy. David is a general partner at Craft Ventures and previously a Co-Founder of PayPal & Yammer. Both David and Pete founded iconic companies and led them through unstable markets to emerge with high growth and success. In this episode, we discuss: - The Founder mindset during a downturn - The Investor mindset during a downturn - Tactics/frameworks for founders - Happy Talk vs Hard Talk - Silicon Valley during COVID-19 Be on the lookout for new episodes on The NFX Podcast and read more NFX content at - www.nfx.com/essays

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We believe creating something of true significance starts with seeing things others do not. NFX is a venture firm exclusively focused on pre-seed & seed stage startups.