A major deal

Yesterday we concluded an investment that has been in the making for a few months. As far as I know, this is only one of a few times a public company has backed an independent accelerator. This gives us, and by extension the Zeroth ecosystem, the resources of a public company.

First, I'm excited for Zeroth founders. As I've said time and time again, we serve our founders. By galvanizing more resources, we can better serve them to build great companies that make a difference in their communities. This is the bottom line for us and our raison d'etre.

Second, I'm proud of the team for pulling through this process. To work with a public company's due diligence process isn't easy, and despite the hardships and questions we persevered and delivered. Through any tough process it's important to look into the mirror and constantly look at the positive learnings, and this is no exception.

It's also important to look at the team's achievements in context. We are a young team - the average age is 28. During this process, we made mistakes, did certain things poorly, and dropped the ball on some occasions. But despite that, we drove on; like a steady beat of the drum, we marched on. Completion is its own sweet victory.

Thirdly, I'd like to thank Sally, Agnes, Ibrahim, Arnold, and Yat from Animoca brands. They stuck with us, coached us, worked with us, and tolerated my not-so-funny Army jokes. Throughout they showed me how effectively we could work together and what we need to do to play at the next level.

If you ask me what my personal feelings are, I'd reply that it's a blend of gratitude, relief, resolution, happiness, sadness, and optimism. But perhaps a better way to put it would be -

"This isn't the end. It's not even the beginning of the end; but it just may be the end of the beginning" - Churchill

Going into the future, our will to complete will continue to be even more paramount. We should and will continue to make mistakes. We will encounter obstacles that seem insurmountable, work with partners that demand greater expectations from ourselves, and play at a level unconceivable to where we are now.

But we must remember - we must not ever rest on our laurels, get too comfortable, or think we know better. We must every day approach the day with 初心, the beginner’s intent.