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Momentum vs. Conviction investors; Entrepreneurship x Sports & More
Your weekly Newsletter on Women in Tech and Venture Capital
Welcome to Femstreet, a weekly newsletter featuring must-read content by female operators and investors. I try to make this one of the best emails you get each Sunday morning. If you enjoy this issue, please like it above. Join our premium membership today to connect with and learn from peers and experts, leverage resources and discover career opportunities.
Happy Sunday, friends 👋 This is the last issue before this year’s summer break. Even if you can’t travel far this year, I want to encourage everyone to take a few days off. We will be back as usual on August 23.
⛹🏿♀️🧘🏼♀️🤸🏻♀️🏄🏾♀️ Ready, Set, Go
I’ve mentioned before that I started training track and field at the age of nine. My coach taught me so much about building resilience, and the importance of habits and teamwork. Now as an investor, I’ve noticed that there are many similarities between being a founder and an athlete — from evaluating risk and reward, moving from being unknown into the public spotlight, eliminating constraints to innovate on established routes, and knowing where you can fall and where you can’t. Coaches play an incremental role in their success. But many founders think they should be able to build a high-growth business without any support. In this post, I am diving into what founders and VCs can learn from athletes and the role of a coach.
And here’s what else you will learn in today’s newsletter:
Tips to create a culture that embraces the rise of the solopreneur.
How you know that you have Product Market Fit.
What you should know about Momentum vs. Conviction investors.
The NYC pre-seed powerhouse Notation has a new fund and a new community for founders. Are option grants promoting gender and racial inequity? Girls Night In goes into more detail about their new paid private community The Lounge. Female founders with the most funding in every State in the US. What’s Next for European FinTech Infrastructure. The Future of Mental Health. The Gig Economy Is Failing. Say Hello to the Hustle Economy. How ‘the Motherhood Penalty’ plays out for startup founders. IBM offers 1000 paid internships to increase diversity in tech.
From The Investor
The internet and rise of micro-entrepreneurship and how vertical-specific platforms can excel in a few key ways versus horizontal products. Li Jin / Working on something new
The 6 essential pillars of a robust one-to-one operating system. Amélie Faure / Serena VC
On the invisible labor of content moderation and why moderation is the actual commodity of any social computing system. Gaby Goldberg / Chapter One
How Fintech pursues Gen Z; How COVID-19 hit big banks and new credit builder products. Angela Strange & Seema Amble / A16z
There are a lot of investors, and it is tough for founders to figure out who is the right one. Here’s what you should know about Momentum vs. Conviction investors. Shripriya Mahesh / Spero Ventures
A Hitchhiker’s Guide to the permanently flipped workplace. Allison Baum / SemperVirens
Caitlin of Openview dives into the difference between net and gross dollar retention.
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From The Operator
Studies show having a creative passion project will increase morale, innovation and problem-solving. But companies that want to retain millennials & Gen Z need to create a culture that embraces the passion economy and the rise of the solopreneur. Here are five tips. Amanda Goetz / The Knot Worldwide
The key to surviving lockdown and how to cultivate company culture when your entire team is behind a screen. Estelle Ballot / Sqreen
“I dropped out of college — should you?” Answering these questions will help you decide on your next steps. Helena Merk / Glimpse
What UX designers can learn from product design history. Julia Zell
3 Steps to creating a minimum viable launch. Ilana Brown / SevenRooms
How you know that you have Product Market Fit. Holly Liu / Kabam
“With this backdrop, Spotify is at an inflection point where it has to make a critical decision about its future: Does it want to be more like Netflix — closed, paid platform, extensive slate of IP with a strong point of view, high content moderation — or more like YouTube — open, free platform, little to no IP and low content moderation?”
Why podcasts won't save Spotify. Cherie Hu / Water & Music
🗓️ August 4
Recruiting with an Equity Lens
🗓️ August 12
Talis Capital’s Female Founder Office Hours
🗓️ September 9
How to hire a good CTO?
And In Case You Missed It
5 internal processes to increase customer retention - for everyone
Tips for founder personal brand building - for members only
How to build and scale a remarkable startup without compromising on people or culture - for everyone
6 lessons from building a business in a downturn - for members only
Effects of hype and exclusivity on launch strategies - for everyone
Thank you for being part of Femstreet this Sunday. ☀️ See you in 3 weeks! (I am going to miss you guys! 😭)
Comments, questions, tips? Send me a note
Image credits: Banner (Fortune, Forbes, Glossier, All Raise, Canva, Ethel’s Club, OV, NYSE); Insights section: Flying Colours Ltd (opens in a new window) / Getty Images
Written by Sarah Nöckel, Early-Stage investor at Northzone. All things workplace tech, data management and enterprization of consumer. Born in Germany. Based in London. You can find me elsewhere on Twitter and Instagram.