What separates a founder who survives the first three years from one who doesn't? Lucas and Luna sift through the wreckage and the wins of first-time entrepreneurs — from the solo developer who built a $2M ARR SaaS on zero funding to the restaurateur who burned $400K of family money on a concept that never opened. Each episode takes a single founder's arc: the pitch that worked, the co-founder blowup, the pricing mistake that nearly killed the company, the moment they almost quit. Lucas brings the numbers — customer acquisition cost, churn rate, monthly burn — while Luna pushes on the psychology: what did you tell yourself at 2 a.m. when the servers went down and payroll was due? No heroic narratives, no 'just believe in yourself.' They map failure patterns — premature scaling, product-market drift, co-founder misalignment — against real P&Ls and cap tables. The listener is someone building a first business or investing in one: you want the post-mortem before you make your own. Every conversation ends with a single, specific lesson that cost someone real money to learn.

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