TLDR FoundersJuly 7, 2023

TLDR FOUNDERS 2023-07-07

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01GENERAL

COMPLIANCE FOR EARLY STAGE STARTUPS

As a growing startup, building trust with your customers and partners is critical. And proving this trust via compliance frameworks like SOC 2, ISO 27001, GDPR, HIPAA, etc. can help your company raise capital, sell to larger customers, and rise above the competition. VANTA’S COMPLIANCE FOR EARLY STAGE STARTUPS pairs growing companies with one of Vanta’s trusted partners to help you implement and deploy Vanta, as well as aid your team in completing the tasks required to get audit-ready quickly.

vanta.comSponsor

02HEADLINES & TRENDS

HOW MARKETS VALUE SOFTWARE COMPANIES IN 2023

Valuations are creeping back up based on more than just profitability. Things are picking up again and the guess is that things will pick up steam at the end of Q3 and go bonkers starting in Q4. Are we back? Maybe.

tomtunguz.com2 min read

VC FINDS ITS FOOTING AS HEADWINDS WEAKEN

Although venture capital investments continued to decline in Q2, the market is showing some signs of stabilizing.

pitchbook.com3 min read

META LAUNCHES THREADS, ALREADY HAS MILLIONS OF USERS

Meta has launched its Twitter competitor Threads, and has already signed up tens of millions of users in the process, making this a good opportunity to get ahead of the curve on a new social network.

marketwatch.com1 min read

03STRATEGIES & TACTICS

WHY IT IS GOOD TO BE BAD AT ESTIMATION

Some good thoughts from one of the co-founders of Flurry on why it pays to be bad at estimating how long an outcome will take. This will likely (painfully) resonate with many founders on this newsletter list.

breakingpoint.substack.com3 min read

SALES REPS?

Never hurts to have a refresher on thinking through early sales team makeup and distribution. This will change considerably in the next 12 months as new AI-powered sales tools permeate the existing process.

saastr.com1 min read

04TOOLS & RESOURCES

SMARTEST FOUNDER IN THE ROOM

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brilliant.orgSponsor

05MISCELLANEOUS

LET’S START RETHINKING WORK FOR THE MODERN WORKFORCE

The horse is out of the barn with respect to working remotely. The idea of going into the office 5 days a week just does not make sense. Rethinking remote work and how you can leverage it to your advantage is your only hope. A few thoughts from the team over at Hubspot that are, well, spot on.

blog.hubstaff.com6 min read

WHY YOUR STARTUP NEEDS A PODCAST

Every startup needs a podcast, and as Justin Jackson explains, it’s easier to start than you think.

accelerateokanagan.com3 min read

OPENAI MAKES GPT-4 GENERALLY AVAILABLE

Get out from under GPT-3.5 and start using GPT-4 via the OpenAI API which is generally available starting today.

techcrunch.com5 min read

06QUICK LINKS

WHAT IS GROWTH?

A great piece on what growth means to David Norris. This one resonates a bit given the similarities in space-and-time juxtaposed with the craziness of a (yet again) disruptive technology. What is growth to you? It’s more than just a decrease in entropy.

norrisnode.com3 min read

FAST

Some examples of people quickly accomplishing ambitious things together.

patrickcollison.com5 min read

MY TOP 10 MISTAKES GETTING TO $100M ARR

Jason Cohen, founder of WP Engine, discusses his top 10 mistakes getting to $100M ARR, including not raising enough money, prematurely trusting customer validation, and doing too much at once.

saastr.com3 min read