Hi, welcome to Femstree't’s life online this week! I’m Sarah and this is the 225th 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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Insights
Construct Capital led by Uber and NEA alums Dayna Grayson and Rachel Holt raises $300M Fund II to back companies that many venture capitalists overlook: manufacturing, supply chain and industrial startups. Boss Beauties, an NFT collection focused on women’s empowerment, raised $4.4M in a seed funding round from Serena Ventures that values the company at $30M. Opendoor alums Justine Palefsky and Tasneem Amina raised a $7.75M seed round for Kindred from A16z & Bessemer, making travelling more accessible through a unique home-swapping model.Web3 salary Google sheet.The many, many beautiful cartoon women of Web3. How you can be more than your job title. The rise of the next-gen CFO. The Web2 software categories that could be disrupted.
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What founders, startup operators, and investors are talking about…
Why Web3 hiring is unique
Hiring is always hard. But hiring in fast-moving space like web3 is uniquely hard and different, especially as you have to find crypto-literate non-technical talent. The new idea that having just one job in web3 is passe or limiting, can make it harder to get people to commit to you. Tokens and networks have also changed the dynamic of hiring and retaining. Morgan Beller of NfX identified nine unique characteristics in web3 hiring…Read more.
Cultivating catalytic communities
People and organizations embark on collaborative efforts all the time, but they are often frustrated by the results. What does it look like when a community is strong and resilient? What becomes possible? What are the risks when a community is weak and fragile? Sara Campbell of Crypto, Culture & Society on the five core activities of building catalytic communities…Read more.
Team dynamics for your Pre Seed round
Many solo founders raise pre seed rounds of $4/5m to hire their co-founders and teams, and only connect with the purpose of starting a company without a prior relationship. Shruti Gandhi of Array Ventures on founder relationships, breakups, and the impact on your company…Read more.
“My scrapbook of things I’m proud of tests the stories I tell myself about what I care about by matching them to reality.”
Ditch your to-do list
Doing a great job in startup land requires taking ownership over your work no matter how many hats you’re wearing. That means picking the right stuff to focus on, and then working your tail off to get it done. You’ve got an endless to-do list? Why not try something else? Brie Wolfson of The Kool-Aid Factory shares her collection of personal templates, how she works with “OSR” and an “What I’m Proud Of” Scrapbook, helping you stay more focused…Read more.
3 proven community strategies to grow open source businesses
Building an open-source business is hard work like building any other business, but it oftentimes represents a different entrepreneurial grit and hustle: founders must be out there from day one, familiarize with their target developer ecosystem, spread awareness. Priyanka Somrah of Work-Bench analysed the three key strategies that some of the most successful open-source companies adopt…Read more.
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