In this episode of Founders in Arms, Immad and Raj sit down with veteran entrepreneur Dave Balter to discuss the ups and downs of startup. Balter shares candid insights from his journey founding seven companies, including his experiences with co-founder relationships, maintaining humility during success, and managing self-doubt as a CEO. The conversation weaves through various topics, from the challenges of scaling companies to crypto regulation and politics, with Balter offering particularly thoughtful perspectives on building company culture and what he calls "sponge and stone" behavior - the ability to absorb knowledge from others while maintaining relentless determination. The discussion also touches on the evolution of entrepreneurship and the changing dynamics between government regulators and tech companies.

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