BIG update!
I resigned from my role at VITALIZE Venture Capital to go full-time building Just Go Grind!
Just Go Grind has become my obsession, the newsletter will pass 9,000 subscribers today, and I’m so excited about what’s to come.
Why I’m going all-in👇
He raised $550k for Calendly early on after pouring all of his own money into the company, maxing out his credit cards, and even getting a loan
Doesn't raise more for 7 YEARS
Until 2021 when he announced a $350M round valuing the company at $3B
Tope Awotona's amazing story 👇
ANGEL INVESTORS:
If you're actively investing, drop a 👋 or intro yourself below with the areas that you invest in
Early-stage founders have a hard enough time building their startup, let's help them identify some potential investors
FOUNDERS
Fundraising is hard, let's make it a little easier
Here are 21 resources for funding your company
- Investor databases
- Non-dilutive funding
- Cold outreach guidelines
- Pitch deck help
Take a look 👇
Lots of startups fail
But what's not talked about enough is how many founders succeed on their 2nd, 3rd, or 4th company
You may not succeed with your 1st company, but it puts you on the path to succeeding eventually if you keep building
Travis Kalanick on what made him so fierce:
My last company, I started in January 2001. It was a networking software company. In the first 4 years, I didn’t make a salary. It was tough. One of those years I was at my parent's house. Ran out of money. It was 6.5 years all in…
She is one of the grittiest founders you'll hear about
- Spent 3+ years trying to find PMF
- Tried out 4 different business models
- Nearly ran out of money multiple times
- Cut marketing spend from $1M/month to $0 to survive
Ooshma Garg's 12-year journey to a 9-figure exit👇
FOUNDERS:
If you're raising now, give the one-line pitch, link your website, and tag the investors you'd like to connect with
I'll retweet some of these and try to give you some visibility + make intros here before the year is over
I understand the desire for “work-life balance” but if you’re trying to build a multi-billion dollar startup it’s highly unlikely you’ll have anything close to this, especially in the early days
Yet somehow this has become a controversial take recently and I don’t understand why
@michaelrubin
Legend.
Also, a lot of people will see the video and pics, but not realize the endless hard work that got you to this point in life
You're definitely an inspiration for other entrepreneurs out there!
Early-stage founders have multiple full-time jobs:
- Raising capital
- Sales & marketing
- Developing a product
- Building & managing a team
All while executing on their vision in an ever-changing world
Props to early-stage founders taking on the challenge!
How can we help?
Since 280 people showed interest...
I'm launching a community for founders
Playing around with the details, but have a ton of ideas to make this amazing
Letting people in once per month with the first group starting in July
Reply 👋 below and I'll DM the application link
She built a $1.6B category-leading company
But it's been quite the journey:
- Sold beanie babies as a kid
- Beat out 358 applicants to get a role at USV
- Taught herself to code & created 30+ projects
- Got to $10M ARR before a Series A
Christina Cacioppo's amazing story 👇
Thinking of starting a community for founders
I did this back in 2020, had around 50 founders join, but I didn't know what I was doing
It'd be much different this time around
Interested?
👇
Today was hard
Decided to shut down my founder community
Feeling like I'm letting a lot of people down
But I've tried to take on too much - now focusing on less with work:
1. Continuing to help build VITALIZE into a world-class VC firm
2. Writing the Just Go Grind newsletter
FOUNDERS:
Drop a one-liner on the company you're building & one ask you have of the wonderful people on Twitter
I'll retweet a few and make some of those requests happen
“No one cared. No reporter even thought YC was interesting. They wouldn’t even call me back. But we just kept moving forward, little by little, not caring what people thought about us.”
@jesslivingston
on co-founding
@ycombinator
Great reminder for founders in the early days.
Build is a book every founder should read.
It's a masterpiece, a great blend of tactics, strategies, and stories.
And was written by Tony Fadell, who helped create the iPod & iPhone and founded Nest, which sold for $3.2 billion to Google.
Here are 26 of the best insights:
I'm not renewing my lease in LA
Going to be a digital nomad for a few months then come back to LA
It's something I've always wanted to do
I want to visit family + friends in Milwaukee, Las Vegas, SF, NYC, Denver, Phoenix, Chicago, and Minneapolis
Where else should I go?
My lease in LA ends in August
Tempted to not renew and:
- Travel for 3-6 months
- Visit friends in different cities
- See my parents for more than a few days
- Meet more founders and investors in other cities
Then come back to LA after
Any insights if you've done this before?
Angel investors are core to the startup ecosystem
Founders need capital and those early believers
Are you angel investing this year and if so what are you looking to invest in?
Founders and Investors in Los Angeles:
Introduce yourselves below!
I've been in LA for 4 years and want to do more to connect the wonderful folks in the LA startup ecosystem
She's the 2nd richest self-made woman in America
But most people don't know about her
By creating a healthcare software powerhouse she built a $7B+ personal fortune
And she did it from a small town in Wisconsin, without raising VC
How Judy Faulkner built Epic Systems👇
A story you can't miss
- Moving from Nigeria to the U.S.
- Multiple failed businesses
- Flying to Ukraine to hire developers
- Pouring EVERYTHING into his company
- And growing a $3B company his way
How
@TopeAwotona
built
@Calendly
👇
Brian Chesky in 2013:
“None of our valuations are really that real without liquidity for the value of the company. I try not to let this go to the heads of us or the employees. We’re not successful yet. We’re successful when we’re profitable for a really long time and we’ve…
If an investor hasn't responded to your DM:
1. Remember they get hundreds of DMs from founders
2. Do they invest in the type of company you have and at your stage?
3. Was your DM lengthy? SHORTEN
4. Did they miss your DM? FOLLOW UP
5. Has it been 5 minutes? PATIENCE
If you don’t ask, the answer is always no.
That’s for:
- Startup funding
- Getting a raise
- Having someone join your team
- Podcast guests
- Finding a life partner
- Making a sale
Getting past that fear of rejection comes with some amazing outcomes.
Today is my birthday
Admittedly, 32 was a rollercoaster of a year
From family health issues and personal struggles to quitting my job to chase my own business dreams and meeting some amazing people in that journey
33 now and grateful for so many blessings.
Onward 🥂
FOUNDERS
I tweet questions and prompts to provide insights for you on hiring, raising VC, startup metrics, customer acquisition, and more
The replies are an absolute goldmine
The best ones are below:
The more I learn about Melanie Perkins, the more impressed I become
- Co-founder & CEO of Canva
- Company valued at $26 billion
- 100+ million monthly users
- $1 billion in yearly revenue
But the best part?
Her ambition to make a positive impact too
Her story 👇
He's a future billionaire.
You know him as one of the greatest hip-hop artists of all time.
But do you know about the incredible success he's had as an investor?
Here's how
@nas
successfully crossed over from music to investing:
I did this a couple of months ago, let's try it again!
In ONE tweet:
1. Intro yourself
2. Drop one GIVE (An offer to help others)
3. Drop one ASK (A specific request)
Let's make some good things happen 😊
It's been one helluva weekend
Candidly, I've been writing from a hospital
Just want to remind everyone - call your loved ones, make time for them, and please please please take care of your damn health
In 2018, I started a podcast with ZERO connections in venture capital and startups.
If the past 3.5 years since launching have taught me anything, it's that podcasting is one of the greatest relationship-building assets.
I want my Twitter account to be one of the most valuable you follow
Let's try this out
1. Intro yourself
2. Drop one GIVE
3. Drop one ASK
Let's make some good things happen
Dave Steward is a black self-made billionaire, part-owner of the St. Louis Blues, and you've probably never heard of him.
He founded World Wide Technology (
@wwt_inc
) a company with $13.4 billion in annual revenue and 7,000 employees.
Here's his amazing life story 🧵
The first 6 founder deep dives are live!
Intentionally have an even split of men and women
I'm sharing their stories, how they started and grew their companies, and lessons we can all learn from them
Each takes 20-25 hours of research and writing
Who should be next?