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Ever thought lending a little money to friends, buying a flashy house, or investing in your buddyâs ânext unicornâ was harmless?
Congrats, youâve just met the graveyard of wealth that eats entrepreneurs alive.
In Episode 10 of UnicornPrn, Melissa and Lloyed bare it all on the biggest money mistakes they made after coming into wealth for the first time. From toxic founder empathy to rapper-level spending sprees, this oneâs a masterclass in what NOT to do when you hit a financial windfall.
In this episode, youâll learn:
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Why lending money to friends almost always kills the friendship
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How âtoxic empathyâ with founders leads to subsidizing bad businesses
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The hidden cost of flexing: mortgages, taxes, and regret
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How taxes (and bad advisors) quietly rob millions from unsuspecting founders
Hot Takes:
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âWhen you win the lottery, stop buying more lottery tickets.â
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âNever take advice from people who havenât been where you want to go.â
Listen to this one before you Venmo your buddy, sign that 30-year mortgage, or spray angel checks like champagne at a nightclub.
Tune in. Wake up. Protect your wealth before it vanishes.
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Ever been told âjust pick the biggest TAM,â âhire a seasoned exec,â or ârun ads for growthâ?
Congrats, youâve been hit with some of the worst startup advice ever spewed on a LinkedIn carousel, usually by someone whoâs never built anything but a Notion doc.
In Episode 9 of UnicornPrn, Melissa and Lloyed go full flamethrower on the Top 12 BS startup tropes that sound smart⊠but cost you time, money, and probably your sanity.
From armchair analysts advisors to startup cosplay founders whoâve never shipped anything real, this episodeâs for anyone whoâs tired of pretending recycled TED Talk advice is gospel.
In this episode, youâll learn:
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The myth of âbig TAM = big businessâÂ
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The danger of hiring for pedigree over trajectory
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Why contractors > entitled employees in todayâs startup world
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How âtrack everythingâ becomes an excuse to do nothing
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The fastest way to kill culture
Hot Takes:
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âDo not take advice from people who havenât been where you want to go.â
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âThere are very few things in life you canât recover from. Just pick the decision that helps you get out of bed in the morning.â
Listen to this one before you hand over your startup to a VCâs favorite âoperator,â build a cult of dashboards, or burn cash to please an imaginary persona.
Tune in. Wake up. Think hard. Build smart.
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Ever heard the advice âfind a market with no competitionâ? Then youâve definitely walked straight into a blue ocean, only to realize itâs full of sharks, no buyers, and zero budget line items.
âIâm the first, so the whole world is my customer.â
âIf no oneâs doing it, that must mean itâs a great idea.â
âIâll be the industry leader because I got there first.â
⊠and then you bleed out on the ocean floor while explaining what your product even does to confused prospects.
In Episode 8 of UnicornPrn, Melissa and Lloyed debunk the blue ocean myth, sharing lessons paid for in blood and burnout from building in zero-competition markets, so you donât have to.
In this episode, youâll learn:
â Why âno competitionâ is actually a red flag, not a flex
â How blue ocean startups die from long sales cycles and buyer confusion
â Why the hardest thing to sell is something nobody understands yet
â The secret to second-mover advantage (hint: donât try to be the innovator, be the optimizer)
â How to flip into a purple ocean and make money from day one
Hot Takes:
â âFounders confuse novelty with value. Just because it hasnât been done doesnât mean it should.â
â âPeople donât want to be first. Especially in B2B. They want proof, not your vision board.â
So before you waste years educating a market that doesnât give a damn, listen to this episode and skip the uphill battles, ghosted demos, and ramen-fueled regret.
Tune in. Wake up. Think hard. Build smart.
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Ever raise venture capital? Then youâve definitely heard some version of:
âItâs a bit too early for us.â
âWhat if Google builds this?â
âPing me when you have a lead.â
In Episode 7 of UnicornPrn, Melissa and Lloyed crack open the clichĂ©-filled, gaslight-ridden world of fundraising conversations. They expose the truth behind fake praise, soft NOs, and the cult of âvalue-addâ investors.
In this episode, youâll learn:
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How to decode the top 10 most common VC phrasesÂ
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Why âLet us know how we can helpâ is investor ghosting in disguise
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When âyouâre not thinking big enoughâ actually means we donât get it
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How to navigate value-add promises that vanish post-wire
Hot Takes:
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âFounders get confused when someoneâs interested, but theyâre not actually making a move. Interest â intent.â
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âMost VCs only give you confidence after someone else has given you conviction.â
So grab your Series A dreams and your Series Z patience, because this episode is your official VC-to-English dictionary.
Tune in. Wake up. Think hard. Build smart.
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Is âculture fitâ the secret sauce of team cohesion⊠or just startup speak for hiring people who look, think, and act exactly like you?
In Episode 6 of UnicornPrn, Melissa and Lloyed torch the startup worldâs favorite excuse for bias, groupthink, and hiring your drinking buddies. They unpack how âculture fitâ became a Trojan horse for toxic execs, lazy recruiting, and leadership that folds like a lawn chair under pressure.
In this episode, youâll learn:
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Why âculture fitâ is often just code for bias
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How the âbeer testâ broke your hiring
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Startup horror stories of culture gone wrong
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How to hire for culture add, not fit
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A playbook for building an intentional culture at scale
Hot Takes:
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âWhatâs good for the leader should be good for everyone. Lead by example, no favoritism, one rule for all.â
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âCulture is not what you write on the wall, itâs how people behave when the leaders arenât in the room.âÂ
So grab your kombucha, cancel your ping-pong table budget, and maybe double-check that Slack gossip channel⊠because this episode goes full HR-horror story mode.
Tune in. Wake up. Think hard. Build smart.
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About our hosts
In startup land, everyone acts like hiringâs a cheat code⊠âjust add a rockstar!â But what if that rockstar needs a brief for everything, tanks morale, or burns $280K on vaporware?
In Episode 5 of UnicornPrn, Melissa and Lloyed discuss the hiring disasters that donât make it to TechCrunch, from corporate dinosaurs who canât function without minions to vibe hires who vanish before onboarding.Â
In this episode, youâll learn:
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Why early-stage hiring is high-stakes and emotionally loaded
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The common bad hire archetypes that will quietly (or loudly) kill your company
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Red flag checklists to spot bad fits before they destroy your culture
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When to hire, when to fire, and how to test-drive before you commit
Hot Takes:
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âIf you keep hiring for tenure over trajectory, you will become the very thing you set out to disrupt.â
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âYou need to think about hiring as a fiscally responsible decision.â
Grab your popcorn (and maybe your severance template), because this oneâs loaded with red flags, cut-worthy hires, and savage founder truths that'll save your runway from going up in flames.
Tune in. Wake up. Think hard. Build smart.
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In the startup world, everyone preaches âfake it till you make itâ. But what happens when faking it goes too far? Are you a bold founder hustling to realize a big vision, or a fraudster selling pipe dreams and ending up in handcuffs?Â
In Episode 4 of UnicornPrn, Melissa and Lloyed pull back the curtain on the dark side of startup hustle â when âfake it till you make itâ turns into outright fraud. They swap war stories of con artists in the boardroom, from fake user accounts and phantom revenue to corporate espionage straight out of a spy thriller.Â
In this episode, youâll learn:
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Why startup cultureâs obsession with unicorn status pushes founders to flirt with fraud (and sometimes marry it)
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Unicorn Hall of Shame
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Common lies founders love to tell (until they can't)
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Red flag checklists for founders, investors, and employees to spot BS before it blows up
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Frameworks for ethical âfake it till you make itâ
Hot Takes:
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"You donât need to lie, you can fake it ethically with Wizard of Oz MVP or no-code."
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"Donât be enamored by fraudsters. That quick win can become the fastest path to jail."
Grab your popcorn (and maybe a notepad), because this oneâs full of đmemes, spicy insights, and hard-earned lessons for anyone in startup land.
Tune in. Wake up. Think hard. Build smart.
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Is venture capital the fuel behind world-changing innovationâŠor just a glorified pyramid scheme where everyoneâs pretending theyâre building the next Uber while actually praying for a higher valuation before the money runs out?
In this spicy episode of UnicornPrn, Melissa and Lloyed expose how the game is played â founders chasing funding like junkies, markups for AI buzzwords duct-taped to a landing page, unicorn markdowns like itâs Black Friday, and accelerators slapping lipstick on broken products for Demo Day.
Highlights:
Hot Takes:
The startup game is rigged. This episode hands you the playbook they don't want you to read.
Tune in. Wake up. Think hard. Build smart.
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About our hosts
Startups are messy. But cofounder relationships? Even messier. In this brutally honest episode of UnicornPrn, Melissa and Lloyed dive into the raw, real, and often ridiculous world of cofounder dynamicsâfrom love stories gone wrong to business partnerships built on shaky foundations.
They read founder DMs and dissect juicy, anonymized tales of startup breakups, equity disputes, silent resentment, power struggles, and control freaks who hoard all the glory. Nothing is off-limits.
Whether your cofounder is your best friend, life partner, or someone you met at a hackathon, this episode will either save your relationship or confirm that itâs time to walk away.
Highlights:
Hot takes:
If youâre carrying the company and theyâre carrying their ego⊠this episode might save your sanity (and your cap table).
Listen. Cringe. Reflect. Maybe renegotiate your equity split.
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About our hosts
Welcome to the very first episode of UnicornPrn, the only podcast that peels back the glossy veneer of startup life and roasts it over a flaming pile of pitch decks.
Hosted by Melissa Kwan and Lloyed Lobo, two founder friends whoâve seen the startup world from the inside out, upside down, and on fire⊠weâre here to talk about what itâs actually like to build a company (spoiler: itâs not all oat milk lattes and billion-dollar exits).
In this episode, we dive into the unicorn myth â how it hijacked foundersâ brains, turned venture capital into a fix more addictive than doomscrolling, and what no one tells you before you sign that first term sheet and trade your sanity (and maybe your weekends, your marriage, and your gut health).
Highlights:
Hot Takes:
If your days are spent pitching, posting, and pretending everythingâs fine... youâre not alone.
Listen. Question. Reflect. Rethink.
Contact UnicornPrn
About our hosts
From the publisher's feed
UnicornPrn is the only podcast that peels back the glossy veneer of startup life and roasts it over a flaming pile of pitch decks đ„
Hosted by Melissa Kwan and Lloyed Lobo, twoâŠ
We riff about all the things you wish you could say out loud but canât (or wonât) â like investor horror stories, founder mistakes, and bloated valuations.
đ„ About our hosts
Melissa Kwan is the Cofounder and CEO of eWebinar, and a 3-time bootstrapped founder whoâs spent the last 14 years building companies without ever raising a cent of venture capital. Follow @themelissakwan on Instagram and Melissa Kwan on LinkedInâ â for tactical advice on bootstrapping. Subscribe to 'â â your founder next doorâ â ' at melissakwan.com, Melissa's bi-monthly newsletter on how to build a company without an abundance of resources and friends in high places.
Lloyed Lobo is a WSJ bestselling author of From Grassroots to Greatness, Cofounder of Boast.AI, and Cofounder of the Traction community. After a career in VC-backed startups, he helped bootstrap Boast.AI to eight-figure revenue, and has since served as a startup advisor, angel investor, board member, and LP in multiple VC funds â so heâs seen startup chaos from both sides of the term sheet. Follow @lloyedlobo on â â Instagramâ â for daily business content.Â