In the fast-paced world of cryptocurrency and blockchain, where hype often outpaces fundamentals, a recent post from Raagul Anpathy, founder and CEO of Kastcard, offers a refreshing dose of practical wisdom. As someone with deep roots in the stablecoin space—previously serving as VP at Circle in APAC—Anpathy shares his "singular advice" to founders looking to raise funds: focus on building a profitable business, or at least one that can flip to profitability quickly if needed.

This guidance, shared in a thought-provoking X post, cuts through the noise of venture capital narratives. Anpathy emphasizes that while VCs talk a big game about supporting founders, their primary goal is always maximizing returns on deployed capital. Founders shouldn't mistake investor enthusiasm for unconditional backing—it's all about the bottom line.

Why Profitability Matters in Crypto

For those new to the space, profitability here means generating real revenue that covers costs and sustains operations without constant infusions of outside money. In the meme token ecosystem, where projects often launch with viral marketing and community hype, this advice is particularly relevant. Many meme tokens burn bright but fizzle out because they lack a sustainable economic model. Anpathy's approach encourages bootstrapping and efficiency from day one.

Take his example from Kastcard: instead of pouring money into paid ads, they prioritized organic community building. This mirrors how successful meme tokens like Dogecoin or newer ones on Solana gain traction—through grassroots engagement, memes, and shared narratives rather than big-budget campaigns. It's harder and resource-intensive upfront, but it prepares you for the inevitable market downturns or "crypto winters" that test every project's resilience.

Anpathy draws from his time at Amazon to highlight that ambition and frugality aren't opposites—they complement each other. Thinking big while staying scrappy allows founders to scale without losing control. In blockchain terms, this could mean developing a meme token with utility, like integrated DeFi features or real-world partnerships, ensuring it generates fees or value beyond speculation.

The Benefits of a Profit-Focused Mindset

By honing in on profits, founders achieve two key outcomes:

• Greater Respect from VCs: Investors see you as a serious operator who understands business fundamentals, making your pitch more compelling.

• Independence from Capital: When funding comes in, it's fuel for growth, not a lifeline. This keeps your vision intact and avoids dilution or pivots forced by investor pressures.

In the meme token world, where rug pulls and pump-and-dumps give the sector a bad rap, adopting this mindset can elevate your project. It shifts the focus from short-term hype to long-term value, attracting loyal holders and reducing volatility.

Anpathy wraps up his post with a light-hearted nudge to enjoy the weekend, reminding us that building in crypto should be sustainable for founders too—not just their businesses.

For blockchain practitioners diving into meme tokens, this advice serves as a roadmap. Whether you're launching the next viral coin or iterating on stablecoin innovations like Kastcard, prioritize profitability to build something enduring. Stay tuned to Meme Insider for more insights on navigating the meme economy and emerging tech trends.