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FoundersGrid - FoundersGrid #519

FoundersGrid #519
September 4, 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

Pandemic startup founders show us how to let go of fear and remain positive
When Covid-19 struck, it was expected that a number of startups and businesses in general would resort to retrenchment.  However, there are startup founders who continue to remain fearless and remind us that risk-taking and experimentation are vital to the success of any business.

Tibber, a Swedish-Norwedian energy startup makes electricity consumption smarter
Tibber has been approved by the Swedish national grid Svenska Kraftnät to bid in the primary reserve balancing market where it’s customers’ electric vehicles could help supply the correct amount of energy to the grid. 

Convoy, a fast-growing digital freight startup, hires former Expedia CEO as President and COO
Mark Okerstrom, former Expedia CEO is shifting from travel and tourism to trucking, looking to apply his digital commerce expertise into the new marketplace.

Juni Learning, an edtech startup that connects kids with math and science tutors, is building a full-stack edtech experience
Juni Learning views itself as a consumer play instead of an edtech startup and raised a $10.5 million Series A back in February to prove it can take a slice of the market.  With only 4,000 active subscribers, Juni Learning is bringing in $10 million in annual run revenue (ARR), compared to $2 million of ARR in March.

Seven lessons from startup failure to help your next startup succeed
Travis Steffen, a serial founder, shares the lessons he’s learned from failed startups and how he used them to ensure the next ones succeed. 

Five VCs predict how this year’s events will shape the future of 2020’s startups. 
It’s a great time to build a company, but the coronavirus pandemic, economic downturn and Black Lives Matter movement will shape startups in new ways.

Fondeadora, a fintech startup in Mexico City just raised $14 million Series A round led by Gradient Ventures.
Founded in 2018 as a Mexican challenger bank, Fondeadora aims to improve the banking experience in Mexico.  Already, Fondeadora manages 150,000 accounts and is adding $20 million deposits every month.  

Fronted, a UK startup that offers loan to renters, received some backing from Passion Capital for an undisclosed amount.
Aiming to help renters who need cash for deposit, Fronted has picked up seed investment from Passion Capital.  Handing an undisclosed check size, Passion Capital partner Eileen Burbridge has joined Fronted’s board.

How entrepreneurs can scale and save money without startup capital
In this article, Immanuel Debeer shows how you can bootstrap your way to success if venture capital is not pouring in.

Fintech start-ups around the world raised more money in the second quarter, apart from Asia
Fintech start-ups funding in most part of the world rose by 17% during the second quarter.  Asia, on the other hand, failed to rebound and saw their capital raise fall around 37%.

COMMUNITY NEWS

  • Dalton Caldwell, partner at Y Combinator, discusses tech incubator’s “Demo Day 2020” held virtually for the first time.  Link
  • No company, no product, no problem:  Video platform raises $2.3M in a pre-seed round by leveraging earlier success.  Link
  • Volt, a Seattle startup shifted to a 4-day work week due to the pandemic - here’s what happened.  Link
  • Battery startup Joule Case lands $500K in funding after making a key pivot due to the pandemic.  Link
  • Tips for building a successful startup from the founder of a unique organization that is part VC, part consultant/advisors and part dealmakers. Link
  • Rather than having to tap a translation button, Twitter is experimenting with automatically translating tweets into your language of choice.  Link
  • Cloud startup Snowflake reveals financials in IPO filing as it battles Amazon, Microsoft, and other.  Link
  • Founded by former members of Airbnb Trust and Safety team, Berbix, an ID verification startup raises $9M Series A funding.  Link
  • OnePlus will launch an entry level phone in the US called OnePlus Clover for $200.  Link
  • In this podcast, Brynne Rojas of HABI - Colombia’s largest home buying platform, tells us why choosing a co-founder is like picking a spouse.  Link
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