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FoundersGrid - FoundersGrid #512

FoundersGrid #512
July 3, 2020
Smash Digital SEO
A growth agency, filled to the brim with unicorn images and SEO memes. A team of SEOs who actually know how to use SEO instead of just sell SEO to people who don’t know SEO. An agency with so much link juice you’ll need a mop and bucket to clean it all up. 
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GOOD READS

Meet the low key investor who’s been outmatching most big startup funds
Lee Fixel has long been one of the most low profile VCs out there, but with the formation of his new firm Addition, he’s built a $1.3B war chest that he plans to use to strategically invest in the next generation of world-changing unicorns.
 
Here are some common myths about patents and trademarks in startups
When inventing a new product or business model for one’s startup, it can be easy to get seduced into thinking that patents and trademarks should be the least of one’s worries. That couldn’t be further from the truth, and here’s why.
 
This is why hypergrowth could be killing your innovation softly
Hypergrowth is a sure way to gain an audience of customers and investors alike, but is it really the best path to success? It may be worth reconsidering, as this growth pattern has doomed many a startup.
 
Reflections on 6 months as a solo SaaS startup founder
This is a great blog of one solo founder’s key learnings from the first six months of working on one of his very first SaaS products. Well worth a read.
 
Why venture capital doesn’t build the things we really need
When looking at the most hyped startups of the past decade what’s striking is how few of them are truly working on solving world-changing problems. Here’s why that’s a problem, and how we can fix the model for the future.
 
Struggling to scale? Here’s how to get your first 25 SaaS customers
In this writeup, the founder of Bannerbear breaks down how to get your first set of true customers and advocates - even if you’re still on the journey to identifying product market fit.
 
These are the only 10 slides you need in your startup pitch
There’s no way around it - pitching is hard. Here, legendary tech maven Guy Kawasaki shares a brilliant set of ten simple slides you absolutely need to include the next time you’re seeking out investors.
 
Why your startup needs to build the product your customers aren’t expecting
Building what customers want might seem intuitive, but that that doesn’t necessarily drive long term growth. It’s better to think about the direction in which your target market is moving, and think about what potential solutions to future problems can be built.
 
On equality, and fixing the racial disparities in startup funding
It’s no secret that startup funding disproportionately goes to primarily white founders. Here’s why that’s a problem, and how the startup community can contribute to racial parity going forward.
 
In a major exit, SoftBank-backed Lemonade has raised more than $300M in its IPO
This week marked a big win for SoftBank, as one of its key portfolio startups executed an IPO that beat analyst’s and investor’s expectations, raising more than $300M to accelerate growth in the process.

COMMUNITY NEWS

  • Lululemon is buying fitness startup Mirror for $500M.  Link
  • Andela is doubling its engineering talent pool with a pan-African expansion.  Link
  • Fintech startup CMG has just raised $25M in funding from some of the biggest names in banking.  Link
  • The co-founders of YouTube and Tesla are joining forces to build an alternative to the MBA.  Link
  • This is a great roundup of sales pitches for startup founders.  Link
  • Zoom promises its first transparency report later this year.  Link
  • Google could keep its US offices closed for the rest of the year due to Covid-19.  Link
  • Justo has just raised $12M in funding for its grocery startup.  Link
  • Microsoft and Accenture are launching a startup challenge to spark innovation.  Link
  • This student-led accelerator is shaking up which startups get funded.  Link
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FoundersGrid #511

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