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Well, not really, but the industry is certainly having a bad time. Spotify recently laid off 17% of its workforce, citing overspending on podcasting throughout 2021 and 2022 and the resulting underperforming impact on revenues.
The faster you do things, the faster you learn. Speed as an essential ingredient to success has been the prevailing narrative in startups for a while. This article explores perspectives on speed from successful founders.
Jason Fried has bucked many trends and built a prolific company in the form of 37Signals. Given that we’re not in the “free money” reality anymore, his advice and take hits home far better than during the heady days of 2021.
Bad hires are expensive. Bad hires that stay at the company for a long time are really expensive. This article breaks down some characteristics and behaviors you can be mindful of when assessing your employees.
OnlyCFO is a newsletter for, you guessed it, CFOs. This yearly roundup brings together the most popular articles categorized by what founders want to learn.
Being a founder is stressful. At times, that stress can seem overwhelming. Having something that mentally takes you away from the day-to-day becomes essential. This article shares the story of one founder who used gardening as a tool to manage stress during the acquisition of their company.
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Your initial TAM will be too small and you’ll still get investors laughing you out of a room for saying it's too large.
As a founder, you’re constantly exposed to new things. You’ll never be an expert at all of them. Deploying the beginner's mind in order to accelerate your learning in the face of new challenges and failing like an expert are important behaviors to nurture. This blog breaks down a few of these mental models.
While things have been frothy in the AI space, we’re still barely a year into this new world order and the really interesting silicon has yet to hit. However, the competitive landscape is shaping up to be cutthroat and everyone is gunning for Nvidia.
Knowing when you run out of cash is important. Without it, you can’t create a workback plan. Communicating this date to investors also helps align expectations and gives you something to work towards and beat–by raising funding or improving revenue.
By now, we’ve all heard the rules around making great decks. No more than 10 slides, keep it concise, and no videos. It’s interesting looking back at these early decks from 10 successful companies and seeing how their decks break all of this known wisdom.