Switching careers in a changing world; Scaling from $1 to $10M ARR
Where women in tech lead, shape and fund the future.
Hi, welcome to Femstreet! I’m Sarah and this is the 224th 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 tactical guide to making better decisions. If you like the content in this newsletter, please like it above and share it with friends.
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Leadout Capital led by Alison Rosenthal, raises $57.7M for its second fund to invest in “resilient” founders. Glow Labs, founded by web3 engineers Annie Reardon and Renee Russoraises, raises $4.15M Seed (with an all female cap table) to build a white label loyalty rewards software on the blockchain. Last month, former Outdoor Voices Founder Ty Haney announced a funding round for a similar product behind her new company Try Your Best. Women on the US Midas List 2022, congrats to Seedcamp’s Reshma Sohoni. Li Jin on DAO compensation. Is niceness the new red flag for a toxic culture? How to fix the biggest mistakes your’re making with your board. The Disruption of Stability: Crypto and Elon Musk. Female founders wrap up Q1 with nearly $1.5B in VC funding, a 34% slump compared to 2021. Meet the mothers entering the NFT market.
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What founders, startup operators, and investors are talking about…
Over the past decade, zero-knowledge proofs, the cryptography underpinning privacy and scalability solutions in web3, have grown faster and more computationally-efficient to generate. If you’re not familiar with it or want to dive deeper, Elena Burger of a16z explains zk technology in great detail…Read more.
Switching careers at 50? 35? 25?
Youth is not a prereq for switching careers. The world is changing, and it's not waiting for you. Brianne Kimmel of Worklife VC on how to genuinely and authentically grow your network at any age in this digital playing field, dealing with rejection and negotiating offers…Read more.
Why China’s version of email marketing is so effective
Imagine, you had no way to reach your customer by email. What would you do? Low email penetration and data privacy practices forced Chinese brands to find alternative engagement strategies. Connie Chan of a16z on how Chinese brands have ditched the “1 to many” format of email marketing in favour of 1 to 1, direct conversations with customers…Read more.
In the future of fashion, everyone gets paid
In 2022, you don’t need to leave your house or even have a corporeal form to be a fashion influencer. Why not wear digital clothes that defy the laws of physics if the outfit is ultimately for photos viewed on screens? Greta Rainbow of fwb on the designer and producer’s visions for a more equitable fashion world, grounded in collective ownership…Read more.
Scaling from $1 to $10M ARR
How do you make effective scaling decisions to become a strong Series B+ company? Bessemer’s Mary D’Onofrio demystifies early ARR growth with insights on Product, GTM, team, and finance starting in the early stages so your startup is on the right trajectory of growth…Read more.
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In case you missed it
A straight-talking deep dive into the equity terms that matter for founders
The future of media, community-driven knowledge networks, and the ownership economy
See you next Sunday or at Eth Amsterdam, thanks for reading! 👋
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Written by Sarah Nöckel, Investor at Northzone. Born in Germany. Based in London.