@gpt what are the five most common success metrics for software startups?
YC startup school makes you rank your morale each week, maybe a spreadsheet could work!
You ask them how they are, you set time aside during meetings to be genuinely interested in them, and you openly share what’s going on in your life too! Vulnerability and honesty is important. Tools to me feel impersonal esp if it’s early stage startup
I was ahead of trend with my Punkt - but sadly capitulated thanks to the demands of early stage startup life https://theglobalherald.com/news/the-rise-of-dumb-phones/
agreed. Still, if people say „we should listen to Sacks because he founded PayPal and knows all the tricks,“ why aren‘t they saying „we should listen to TimDaub, he worked many years in startups and never got a hit! he knows all the mistakes“
My last job was perfect: 6-figure salary and 40 days paid leave. But it was dull and boring and I didn't learn much. So I quit it to build my own web3 startup. Now I work 7 days a week and make 10x less money. But at least I get to work from anywhere I want and have no boss😂
Marketing your startup as the “first” blah blah doesn’t work for me. You’re either wrong or so narrowly defining your product that first is meaningless. Also, I don’t want you to be the first. I want you to be the scrappiest + best. And that usually comes later.
This is cool! Feels like an evolution of what Startupy / Sari Azout did with their “Ghost Knowledge”project.
A cool thing about being a YC startup is when an investor asks for a deck, you just tell them you don’t have one nor have the time to make one.
Yeah, there's a lot of bullshit fairy tale ideas surrounding startup and hustle mentality/culture. Still, without startups and innovation production would slowly plateau. And VC helps.
Sequoia, Coinbase, Variant-backed startup ushers in crypto security renaissance https://www.theblock.co/post/221669/coinbase-variant-backed-startup-ushers-in-crypto-security-renaissance
Welcome @nicks to Farcaster! Nick is a founder friend who’s company has a really cool video-first approach to startup funding pitches. https://www.pitchtape.com/
Love the catch-22 of banking for startups: take outside funding OR have $1m in annual revenue. Bootstrapping something new basically impossible. Anyone have a brex referral?
‼️meet your host: me‼️ ill be speaking w @adrienne @ivy @cassie & @meesh ab their experiences being femmes in web3 ✨ I use they/them pronouns 👯 I’m currently CoS at a sequoia/SV Angel funded stealth startup. Prev ScholarMe (YCS19), Penta Medical (YCS18). I love squishmallows and existentialism! 🫥
@saymore Dan would love to see a screenshot essay on how the compliance sausage is made in reality at a scaling startup 🫡
@dwr I found the perfect metaphor for FC protocol. https://www.linkedin.com/posts/arammughalyan_when-thousands-of-ai-startups-with-proprietary-activity-7043558573783609346-ELwN?utm_source=share&utm_medium=member_desktop
A startup I previously co-founded has this amazing partnership and interactive experience with Starbucks. https://starbucksstarsigns.com/
I deleted my prev response to you, I didn’t realize your comment on funding was tied to the medtech startup!
This particular startup was venture funded by a large-ish seed round, but I had to leave bc culture issues
Impact can mean different things to different people, but my definition for myself is having a direct hand in saving peoples’ lives, at scale. E.G. I worked at a medtech startup where we managed the live vitals of 6k people, and prevented some of them from having oncoming heart attacks before drs could!
Poll: If hyperinflation happened, you (and/or your startup or VC firm): 1. Would need an immediate bailout  2. Would only have a month or less of runway 3. Have runway for about a year 4. Are sufficiently protected from hyperinflation
Poll: If hyperinflation happened, you (and/or your startup or VC firm): 1. Would need an immediate bailout  2. Would only have a month or less of runway 3. Have runway for about a year 4. Are sufficiently protected from the collapse of fiat
Poll: If hyperinflation happened, you (and/or your startup or VC firm): 1. Would need an immediate bailout  2. Would only have a month or less or runway 3. Have runway for about a year 4. Are completely independent from fiat
‼️meet our 3rd panelist‼️ @meesh will be joining us on @unlonely tues mar 21st to share her experiences being a femme in web3 ✨ She’s the Head of Design at Commonwealth, and has 7+ YOE designing at Reddit, Okta, Ebay + other startups. She 💜 speaking about equity in tech and mentors for First Round 📈