2022Q3 (double down in bear market)
2022Q4 (end of typical crypto cycle)
2023H1 (end of typical macro cycle)
2023H2 and beyond
To bootstrap aggressively while sustaining long-term growth, how early should we spend all of our funds?
Invest in a bear market, but ensure projects and investments have the vision and wherewithal to keep building. Retain budget to invest in marketing and user onboarding as projects become ready