Characteristics of successful consumer founders; The career benefits of self-management; Shifting positioning as your product matures
Where women lead, shape, and fund the future.
Welcome to Femstreet’s life online. I’m Sarah and this is the 285th edition of Femstreet.
Insights
After tripling its revenue in 2023, ICONIQ Growth doubles down on French startup Pigment, founded by Eléonore Crespo, with an additional $145M. Rachel Romer, founder of $4.4B edtech unicorn Guild, shares lessons from having a stroke at age 34. Bumble’s new CEO talks about her critical mission to spice things up at the company. Lux Capital’s Deena Shakir published a book on entrepreneurship to encourage young girls to follow their imagination and ambition to do great things. 3 strategies for speaking up at work and building buy-In and understanding from your team. Rosie Huntington-Whiteley joins The Equity Studio, a new investment firm backing beauty, wellness, lifestyle brands. IVP’s General Partner Cack Wilhelm discusses the VC exit landscape for this year. How to create a company culture that takes your team from good to great. Ellevest’s Sallie Krawcheck’s best advice on recovering from career setbacks. Ex-Tinder CEO Renate Nyborg thinks advanced AI can help cure loneliness. Serena Williams has invested in 85 companies and 14 have unicorn status. GV invests $5.4M in Home From College, a career platform for Gen Z co-founded by Julia Haber ex Snap.
From builders and investors in our universe…
What makes for successful consumer founders
As early-stage investors, while we often talk about companies, we really invest in people, specifically those who are rewriting the narratives of how we live, work, and play. Conventional wisdom often dictates the ideal profile for successful consumer founders. But do the stereotypical "Stanford CS grads" and "former Google PMs" really hold the keys to outsized success? Meera Clark of Redpoint analysed 100+ unicorns in hopes of debunking the generally accepted stereotypes surrounding what traits define successful consumer founders. Are you in for a surprise?…Read more.
What it means to ideate and validate your product
The months and even years Pre-Product-Market-Fit can feel like wandering in the dark for founders - trying to hone the right ICP, the right messaging, the right positioning, the right value prop - the testing, testing, testing on all the ways to land Product Market Fit. This stage requires a lot of hustle, but also a delicate dance of speed and quality. But there is no one formula. Work-Bench’s Jessica Lin shares a few general rules of thumbs to consider for any founders building for the enterprise…Read more.
What MidJourney, DeepL, ElevenLabs, and HeyGen have in common
Conventional wisdom suggests incumbents, not startups, are best positioned to capitalize on AI's potential. But this trope oversimplifies a new class of B2B AI companies unlocking tremendous revenue momentum by leveraging a timeless consumer recipe: providing a 10x better experience at a fraction of the cost. Benchmark’s Sarah Tavel explores how AI startups are poised to replicate the success of consumer giants by unlocking limitless use cases through superior experiences and structural cost advantages…Read more.
Shifting positioning as your product matures
Consumer products rarely shift positioning, but for B2B products, repositioning is the norm. April Dunford explores how this key difference stems from the distinct purchasing behaviors in consumer versus B2B. April on why you need to separate your longer-term vision from what you are selling right now and why you should expect your positioning to change over time and have the processes in place to review and adjust…Read more.
The career benefits of self-management
In the workplace, self-management is an employee’s ability to solve problems independently, show self-awareness, and operate autonomously. Why should you self-manage, isn’t this your manager’s job? In theory yes, in practice things are a bit more nuanced. Irina Stanescu shares how self-management can help your career and the 8 skills needed to master it…Read more.
Five non-obvious skills for product & growth managers
Product Leaders must navigate a rapidly evolving landscape with new challenges and opportunities. Leah Tharin shares five essential skills that are often overlooked but can make or break your success as a Product Leader. From the art of summarization to the importance of managing up, and from understanding cross-functional silos to questioning your own basics, her article provides a roadmap for staying ahead of the curve…Read more.
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Thanks for tuning in this Sunday!
👋 Sarah
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