FoundersGrid Weekly News Round Up, 27 January 2019

Roger McNamee spent several years as Mark Zuckerberg’s confidante and mentor, but after the corporation’s recent missteps, he’s speaking out on what he believes to be unconscionable violations of privacy by the tech giant.

Have a startup lawyer? Here’s how to get your money’s worth
This is a great overview of how startups should approach their legal efforts, starting with lawyers. Often overlooked by founders, a good startup lawyer can be the difference between seamless execution in the market, and a future mired down in legal troubles.

A hot startup raised $66 million in 5 days using these 24 slides
Front just wrapped up a record fundraising effort, and in this deep dive, its founders reveal how one well-crafted pitch deck made all the difference in their search for funding – and how other entrepreneurs can do the same.

Mark Zuckerberg’s former mentor speaks out on Facebook’s downfall
Roger McNamee spent several years as Mark Zuckerberg’s confidante and mentor, but after the corporation’s recent missteps, he’s speaking out on what he believes to be unconscionable violations of privacy by the tech giant.

Slack is planning a rare “direct IPO” this year – just like Spotify did in 2018
Direct IPOs are still the unicorns of the public offering world, but that hasn’t stopped Slack from pursuing one as well – similar in timing and scale to Spotify’s successful IPO late last year.

Ten things one engineer learned from quitting Google and joining a hyper-growth startup
Working at Google has its perks, but one customer success engineer found that his biggest learnings came from joining a hyper-growth startup called Style Theory. Here are his key takeaways from that experience.

US startups are set to face some stringent new government controls in 2019
New regulations around the sharing of critical technologies with foreign partners are coming for US startups this year, and as a result, founders need to be more careful than ever – if their platforms fall under the US government’s definition of emerging technologies.

This is a great list of essential growth metrics to track for your startup
This is a comprehensive guide to the key growth metrics you need to keep in mind when building an online business, covering everything from acquisition metrics like CPC to funnel metrics like CTR and churn.

Entrepreneurs are making deals more opaque than ever – and that’s the way they want it
Compared with a decade ago, founders operate in an environment that sees significantly more deal opacity – but that’s not necessarily a bad thing, as it means that founders are able to better keep their ideas under wraps until the right time.

Here’s what one founder learned after leaving Urbit
After resigning from his executive role at Urbit, Curtis Yarvit speaks on why he left the project, what his key takeaways were from managing a decentralized platform, and what’s next.

Mackenzie Bezos, Amazon, and the myth of the lone genius
The recent divorce of Jeff and Mackenzie Bezos has brought to light another reality, and that’s that the myth of the lone genius as a founder is very rarely true – every entrepreneur, lone wolf or not, needs a support system.

COMMUNITY NEWS

  • Become a seed investor for as little as $10 with Republic.  Link
  • Self-driving car start-up Aurora is expected to raise $500m.  Link
  • Infor has landed an additional $1.5B in funding ahead of a possible IPO.  Link
  • Airbnb has more than $900M cash in the bank as it gets ready to go public.  Link
  • TryShared is taking on Lime and Bird with its scooter rental business.  Link
  • SenseTime is reportedly seeking a record $2B round of fundraising this year.  Link
  • Check out the Startup Playbook, courtesy of Y Combinator’s Sam Altman.  Link
  • Data startup Rubrik has just landed $261M in funding at a $3.1B valuation.  Link
  • This startup is helping its clients defy death through blood transfusions.  Link
  • Aliyun has just become the world’s fastest-growing cloud computing startup.  Link

 

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