Founder Weekly (Issue 622 - January 31 2024)

Founder Weekly - Issue 622

January 31, 2024

Founder Weekly

Welcome to issue 622 of Founder Weekly. Let's get straight to the links this week.

General

Danielle Cohen-Shohet founded GlossGenius in 2016, transforming it into a $510 million business with a strategic fundraising approach, securing approximately $70 million. She navigated challenges during COVID, prioritized customer experience, and shared insights into GlossGenius' success, emphasizing the significance of listening to customers, capital efficiency, and effective hiring practices in the beauty and wellness market.

The State of Marketplaces 2024 report by Battery Ventures discusses the increasing personalization and efficiency of online consumer marketplaces, which have become integral to everyday life. The report highlights the rapid development and growth of online marketplaces, emphasizing their significant role in driving innovation and altering consumer behavior. The wealth of marketplaces available today allows for highly personalized experiences, enabling consumers to make various arrangements and purchases with just a few swipes on their smartphones

Expansion opportunities in vertical software.

Americans Have Been Forming New Businesses at Record Rates. But is This a Real Startup Boom—or Just The Rise of Gig Work and Side Hustles?

Marketing, Sales and PR

Jam’s CEO on product-market fit and hockey stick growth.

An evolving approach focused on scaling go-to-market (GTM) strategies, particularly pipeline generation, with technology rather than just increasing personnel. The traditional methods, such as hiring large sales development representative (SDR) teams and relying on outbound emails, are being replaced by a more solution-oriented and technology-driven approach. The playbook is still in the process of being defined and created, with an emphasis on personalization at scale and the identification of technologies that will support the new pipeline generation approach.

Money and Finance

A tool to help founders understand how modern fundraising works, and how much dilution you can expect when raising money.

The Culling of The Unicorns.

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