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A retrospective on shutting down a startup; Taking advantage when a window opens for you; Demystifying unit economics

femstreet.substack.com

A retrospective on shutting down a startup; Taking advantage when a window opens for you; Demystifying unit economics

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

Feb 19, 2023
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A retrospective on shutting down a startup; Taking advantage when a window opens for you; Demystifying unit economics

femstreet.substack.com

Welcome to Femstree't’s life online. I’m Sarah and this is the 257th edition of Femstreet. If you enjoy this issue, please share it with your friends and like it above.

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Insights

Phenomenal Ventures, built by Meena Harris and Helen Min, debuts with $6M to invest in enterprise, fintech and commerce. Susan Wojcicki steps down as CEO of YouTube after nine years. Worklife Venture’s Brianne Kimmel launches AI startup bootcamp with $20M. Marne Levine leaves Meta as Chief Business Officer where she oversaw the tech giant’s $113B advertising business, and Nicola Mendelsohn will inherit half her job. More Black women joined S&P 500 company boards in 2021-2022 than in any other year-long period in the last 15 years. Sam Eisler joins Lightspeed as Fintech Partner. Are all compliments “creepy”?


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From builders and investors in our universe…

Making the transition to manager

Imagine you are among the world’s best salespeople, so skilled at your trade that you are highly sought after. However, in many companies, the path to promotion and greater responsibility only comes through managing others. One day, you are asked to stop what you are doing and become a district sales manager. But what makes a great salesperson is different from what makes a great manager. Deb Liu shares a guide to becoming a manager…Read more.



Demystifying unit economics

Do you really know what it costs your business to sell one contract? What exactly is upsell / ‘cross sell’ in your company, and what does it cost? Dawn Capital’s Mina Mutafchieva dives into some of the core components of a scaling company’s unit economics…Read more.



Are you ready to hire a data scientist?

There are plenty of early founders who are keen to add data scientists to their teams. But at a startup where time and resources are strapped, diving into data science too quickly can distract from more pressing challenges facing the business on the path to scale. Notion’s Mengying Li on whether your business is well-equipped to build out the function now, how to build your data science team, choose third-party data tools and develop early data science prototypes…Read more.



A retrospective on shutting down a startup

Startups are hard, like really hard, and we don’t talk about failure openly enough. Lillian Cartwright was spending hundreds of thousands of dollars building a bullet-proof product that really never saw the light of day and was trying everything to boost low retention rates and failed to hit revenue targets. She shares that it takes more than venture capital, a strong product, and a smart idea to grow at VC rates…Read more.



Taking advantage when a window opens for you

There are moments in a company when a window opens - when stars align and a sense of inevitability starts to take over your company. More often than not, the window opens because you're executing: the product starts hitting a chord, growth is humming, you just hired a great exec or landed a great customer, and your confidence and conviction in your company's future shows. However, the window will close. Benchmark’s Sarah Tavel on why you have to do everything to maximise your moment for your company…Read more.



Join the Femstreet Talent Collective!

Whether you were impacted by the recent layoffs or you’re looking for a new challenge or talent - we want to help. Join the Femstreet Talent Collective! New opportunities await.

We’ve got incredible talent in our Collective! Companies can get 1 month 50% off our Collective with the code femstreet50, cancel anytime.

For companies: If you're hiring, apply to start getting bi-monthly drops of amazing people in our community for new gigs across Product, Chief of Staff profiles, Marketing, UX, Strategy etc — actively or passively. Apply to join now and choose from the open talent looking for their next thing here.

Looking for a new, big gig? Applicants, please apply to join our Talent Collective here.


25% of our audience say the first thing they do when they wake up on Sunday morning is read Femstreet.

Reach out to our community of young business professionals and decision-makers, tell your story from a source that our readers trust through sponsored ads or job postings on our job board.

Our readers are global, diverse, ambitious professionals, entrepreneurs, and decision-makers. Reserve your spot for end of Q1 2023 now!

Work with Femstreet


In case you missed it

  • The Minimum Viable Finance Set Up

  • Modern GTM motions for a SaaS startups

  • A Guide On Web3 Go-To-Market Tactics And Strategies

  • The Minimum Viable Finance Set Up

  • Sports cards and the future of retail investing

  • Community-Led Growth Nirvana

  • A straight-talking deep dive into the equity terms that matter for founders

  • Me, My Teen Self and Instagram

  • The future of media, community-driven knowledge networks, and the ownership economy

Thank you for tuning in this week. See you next Sunday!

👋 Sarah

Comments, questions, tips? Send me a note

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A retrospective on shutting down a startup; Taking advantage when a window opens for you; Demystifying unit economics

femstreet.substack.com
1 Comment
Kane Morison
Writes Kane’s Substack
Feb 19

Sounds about right looks like you are on top of it I like ARK the ceo is on the money or in the end she will be

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