Hi, welcome to Femstree't’s life online this week! I’m Sarah and this is the 230th edition of Femstreet. The most clicked post from last week’s curation was How to increase your team’s salary. If you like the content in this newsletter, please like it above and share it with friends.
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Glossier Founder Emily Weiss is stepping down as CEO (but not going anywhere) as she’s gearing up for maternity leave. Soona Amhaz’s Volt Capital announced a $50M crypto fund. Summer 2022: NFT Winter? Inside Blackstone’s strategy to grow sun care brand Supergoop, run by Amanda Baldwin and founder Holly Thaggard. Salary benchmarks: Know your worth in Web3.Amber Heard and the end of #MeToo?A record 44 women are running Fortune 500 businesses. The silent impact of burnout. Stop calling it a wallet.An deep dive into Poolsuite and the future of leisure and commerce.Crypto native consumer products.Luana Lopes Lara of federally regulated exchange Kalshi on super forecasting, ballets, the afterlife. Grace Chou, formerly Felicis Ventures, joins Maveron as Partner. Maveron also promoted Natalie Dillon from Principal to Partner. NYC based credit card company Petal appoints Ali Heron as new CTO.
A message from Affinity
A deep dive into the relationship intelligence and deal flow of the venture capital firms that invest in them.
Affinity, the relationship intelligence platform for dealmakers, launched a report analysing investment trends that point toward future unicorn status. Affinity used their proprietary data to analyse over 925 unicorns from the last five years. Learn how top venture capital firms use relationship intelligence to spot more unicorns.
In addition to burnout, there are several other boulders managers are struggling to shoulder. Managers are sandwiched between leaders’ priorities and the immediate needs of their teams. Liz Fosslien and Mollie West Duffy give tactical, behavioural-science backed tips on how managers can help their teams (and themselves) wrestle with the pains of perfectionism, the burden of burnout, and the emotional upheaval of uncertainty…Read more.
How to be a great COO
What does it mean to perform well in the role as a COO? How can you run a top-notch OKR process to help all functions work well together? Allison Pickens on what should be your self-onboarding plan when joining a company as COO and what founders should you expect from that new COO…Read more.
"...no clever mechanism or token design beats a high quality network with highly engaged and mutualistic participants. Building such a network requires aligning culture, stories, and purpose — the most non-fungible value can’t be compacted into tokens."
Designing token economies
The peace of the bear market will produce rich, creative, wild token economies. But no god-tier token design can match building a great product that provides real utility and a real sense of belonging. Tina He of Station and Packy McCormick teamed up to write a framework for token design and analysis…Read more.
Managing up
Managing up seems to have gotten a bad reputation as "something you have to do to get an arbitrary level promotion in a large company because your manager is probably incompetent." But if you don't respect your manager, everything else will be a lot harder. Ellen Chisa of Boldstart on how managing up will make your work more pleasant, and why it’s a key way to create alignment across organizations…Read more.
How to play offensive in a recession
The overindulgent ‘growth-at-all cost’ mindset of recent years has come to an end. So what does this practically mean in terms of operational priorities and deliverables for a scale-up founder and operator? Joyce Mackenzie Liu on VC sentiment and a scale-up recession checklist for founders and operators…Read more.
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