Lift others as you climb; Valuation myths; How to become a feedback magnet
Where women in tech lead, shape and fund the future.
Thanks for opening Femstreet today. I’m Sarah and this is the 207th edition of Femstreet, a weekly newsletter featuring must-read content by female CEOs, operators, and investors. The most clicked post from last week’s curation was The Guide to Getting Promoted. If you like the content in this newsletter, please like it above and share it with friends.
👋 Femstreet and On Deck teamed up for a special event in London in Janaury (more details will follow soon). If you’re building something in web3 and your’re based in London, please send me a note.
Creator-driven marketplace LTK, founded by Amber Venz Box, is now valued at $2B after raising $300M from SoftBank. Business Insider’s article on Spring Health’s April Koh is another example of female founders being held to an impossibly high set of standards around company culture. Startups are fast-paced, people work hard and get fired… Auxxo is Germany’s first VC fund of $15M to solely back female-founded startups. These startups are making parenting a little easier. Why every VC partner may need to become crypto fluent. How to avoid fake investors. Cryptocurrencies have created nearly the same amount of market cap as public tech co's in a similar time frame. Sales-assist, an emerging Product-Led Sales role. Record breaking 2021 IPO stats: 900+ companies have raised nearly $300B. One investor’s framework for evaluating early-stage developer tool startups.
A message from Mercuryo
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Mercuryo is a rapidly growing payment infrastructure company, building a crypto-powered toolbox for payment innovations to accelerate growth and boost companies' revenue, helping every business go global.
Read more about crypto and investments with Mercuryo.
What founders, startup operators, and investors are talking about…
Mastering customer development
Every company exists with just one goal to become successful and grow fast. The core of this success lies in how well you address the known or unknown problems of your target customers. Customer development is not a special skill that only extroverted people are blessed with, it is rather a structured framework. Alla Kopylova of Repairfix dives into customer development as one of the mandatory skills of every product manager.…Read more.
The valuation myths founders are told about selling
Valuation isn't on the basis 2x - 10x - 30x of what a company is making today, but on the set of how it's doing and potential future growth. To the founders considering selling their early-stage startup, product, or side project. Here's how to find the right valuation even with no profits…Read more.
How to become a feedback magnet
The best leaders are feedback magnets. Getting actionable feedback is a skill, and the top performers have excelled largely because they’ve never stopped honing it. Knowing what other people think about you can be life-changing. It's the key to getting promoted faster and becoming the kind of leader people are excited to work with. Shivani Berry, founder and CEO of Ascend, shares a helpful framework and template to becoming a feedback magnet…Read more.
Social tokens explained
Social tokens are tokens issued by individual creators or communities that enable community members to collaborate and share ownership in the value created together. Even though social tokens are permissionless, meaning anyone can own them, there can still be centralized points of control, which can potentially lead to issues. Linda Xie of Scalar Capital on the future of social tokens…Read more.
”As you move up in the tech industry, lift people along with you. They’ll fill in the gaps you leave behind, and the industry is so much better when everybody gives back.”
Lift as you climb
If you have a community around you, they can lift you up in ways you can’t imagine. You can help lift them, too. Cassidy Williams of Netlify on creating content, building relationships, and how much you get by giving back to provide opportunities for others…Read more.
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👀 New week, new job drops
Whether you’re seeking your dream role or dream employee — Femstreet Jobs has you covered. Check out all the new opportunities 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 on Twitter!
Featured Jobs this week (remote if not stated otherwise)
👉 Director of Growth @Graphite
👉 Content Manager @Nuggets (London)
👉 Stealth Hire #1 = Product x Users x Community @ResearchRabbit
👉 Creative Director @Starface
👉Senior Product Manager, Growth @Wikimedia Foundation
👉Sales Executive @Onepilot (London)
👉Finance Manager @Klang Games (Berlin)
👉 Product Analyst @Classkick
👉Analytics Engineer @Hex
Check out all the open roles or post your own here.
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Our readers are global, diverse, ambitious professionals, entrepreneurs, and decision-makers. I’ve created a sponsor deck for those who want to partner with us in 2022.
In case you missed it
Community-Led Growth Nirvana - for everyone
Me, My Teen Self and Instagram - for everyone
How to set up a modern GTM motion for a SaaS startup. - for everyone
Are sports cards the future of retail investing? - for everyone
How to hack media messaging and effectively bootstrap PR - for members only
8 things to think of when first angel investing - for members only
How to build and scale a remarkable startup without compromising on people or culture - for members only’
Til next Sunday, friends 👋 Hope to see many of you in Helsinki at Slush!
Comments, questions, tips or raising your Seed round? Send me a note