Tranching your fundraise; The rise of the Chief of Staff; The Girlboss is dead & More

Where women in tech lead, shape and fund the future.

I’m Sarah and this is the 186th edition of Femstreet, a weekly newsletter featuring must-read content by female CEOs, operators, and investors. If you enjoy the content, please like it above and share it with friends. You da best!


Recent posts featured in our newsletter from Ellen Donnelly of The Ask on How to decide what to work on so you can actually enjoy your business and The Confidence Curve have been so popular that she's joining us for a Q&A on June 24, 6 PM GMT. This Q&A will be held in writing on Substack, not Zoom, and all subscribers receive an email once it goes live. Add it to your calendar here.

Insights

‘The girlboss is one of the cruelest tricks capitalism ever created.’ - A eulogy for the ‘girlboss’ which was mostly a marketing scheme. Crypto VC Audacity Capital launches to back Black entrepreneurs. Anu Duggal of Female Founders Fund created a summer retreat in the Hamptons that pays homage to the power of women. How to build a tribe. A16z’s Cultural Leadership Fund just closed its second fund. VC finder for diverse entrepreneurs. The State of Independence 2021. Open Source DAO market research - contribute! The Creator MBA. ‘Talent is everywhere, but opportunity is not.’ How the clubby world of venture capital is trying to open up. Double down jobs in the consumer economy. Genetic testing company 23andMe, founded by Anne Wojcicki, pops after SPAC merger. There's good and bad transparency. Retinol and retirement.


This week’s newsletter is sponsored by…

Frustrated juggling multiple bank accounts and billing/payment systems? Running a business should not mean paying more fees and putting up with delays.

Truly Financial is built exclusively for startups and small businesses - so you can focus on your business instead of losing time dealing with your bank. Get a checking account that can receive local and international payments by ACH, credit card, and wire transfer in 33 currencies, minus the hefty bank fees. Pay in any currency, without forced currency conversions. Employees anywhere in the world can use Truly Financial Visa cards for expenses, while your business earns Truly Savvy points.

Open an account in minutes! The first 10 Femstreet readers get $100 account credit by June 27.

Sign up now!


What founders, startup operators, and investors are talking about…


A strategy to help you launch any product successfully

Whether you’re launching a course, newsletter or new software, you need a solid plan in place to ensure your launch is a success. When you’re building something you cannot suddenly surprise your audience by dropping a new product without talking about it previously. Ritika Mehta of Visualist on how to best prepare for your launch… Read more.

Tranching your fundraise

Do you think tranching your round will kill your company? Through the tranche strategy, you are creating urgency so that investors will prioritize a decision on your company over all others. Elizabeth Yin of Hustle Fund on how to get momentum on your raise at pre Seed and Seed…Read more.


Productivity is personal

Remote work has taught us some things and learned how to support entirely new ways of working. But what does it mean to be productive? Tracking hours or widgets isn’t what signals an individual’s or a team’s productivity. Nicole Forsgren of Github shares a framework for measuring workplace productivity…Read more.


The Chief of Staff is trending

Considering hiring for a Chief of Staff or a Chief of Staff role and want to hear the experiences of other Chiefs of Staff in their own words? Given the high exposure to the executive and diversity of the job, the Chief of Staff role is becoming increasingly more popular. But being a Chief of Staff can be lonely. Vedika Jain of Weekend Fund asked 25 CoS about their roles and experience…Read more.


How to interview your employer

How much time do you invest into really getting to know your new employer before you commit? Unlike most relationships, a company’s unlikely to change for you. When you sign an offer, you’re choosing to enter a world you don’t control. Linda Zhang shares high-signal questions to learn the truth before you commit years of your life. 
Read more.


Go-to-market tactics

Devising an effective go-to-market strategy requires thinking beyond traditional approaches towards growth, which are often not optimal for category-defining startups. Angel investor Olga Maslikhova devised 6 tactical guidelines for your GTM and why you should start small and focused…Read more.


We just added a new member-only perk: Deals!

Femstreet deals
Paid Femstreet subscribers now get access to an exclusive collection of curated discounts from 75+ companies including Stripe, Airtable, Brex, Carta, Bubble, and many more.

Within the first week of launch, we saved our members over $200K+ in SaaS spend.
In addition to the discounts, for $10 per month or $100 per year, you as a Femstreet member get:

  • 💬 Access to our private community network on Slack

  • 📩 An additional weekly Member Briefing in your inbox

  • 🎥 Interactive bi-weekly video networking sessions

  • 💥 Vetted resources like our Operator Ocean with 200+ resources

  • 🛠️ A free featured job post on our job board as annual membership holders

Become a Femstreet member today


👀 We spy some fresh new jobs on our Job Board

The Femstreet job board makes it easier for everyone to recruit from and find their next big gig within our global community.

Want to get in front of Femstreet’s finest? Featured job posts sit on top of the feed, get promoted in our newsletter, and will be tweeted. New jobs drop every Friday!

Featured Jobs

👉 Product Designer @Lune (London)
👉 Reporter @Sifted (London)
👉 Summer Intern @Bessemer Venture Partners (London)
👉 Director, Legal and Business Affairs @Motion Paradox (London)
👉 Senior Software Engineer at Ridgeline (NYC)
👉 Insights Analyst @Atomico (London)
👉 Associate
@Northzone (London and NYC)

Here is a perspective on what it’s like to work at Northzone as an Associate.

Check out all of the open roles or post your own here.


Reach out to our community of young business professionals and decision-makers, tell your story through a source our readers trust through sponsored ads, feature job postings on our job board & newsletter, or join our list of exclusive community deals.

Our readers are global and increasingly more diverse, ambitious professionals, entrepreneurs, and decision-makers. I’ve created a sponsor deck for those that want to partner with us in Q3/4.

Work with Femstreet


And In Case You Missed It

Last week, Femstreet member & friend Sari Azout launched Ghost Knowledge, a 1-week crowdfunding experiment to get the people who don’t write enough to share their knowledge. If you missed our amazing Q&A with Sari…

Dive into the Q&A here



’Til next Sunday 👋

Comments, questions, tips or raising your Seed round? Send me a note


Written by Sarah Nöckel, Seed Investor at Northzone. Born in Germany. Based in London. You can find me elsewhere on Twitter and Instagram.