CoFounder Weekly is a Twitter-powered slightly silly newsletter about startup culture.
This week’s edition includes: 🔥Hot: Sharing with our Community,❄️Not: Being Contrarian, 🏆 Startup of the Week: Purple Carrot,💡Founder Tips, 🤓And of course Cartoons, Funnies, and Thought Starters.
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🗺 Oh, the places we go.
By: Greg Kubin
🤔 Thought Starters
(Six Tweets this week that made us think )
🔥 Hot: Sharing with our community
We recently listened to a podcast interview between Substack founder Hamish McKenzie and media critic Jesse Brown.
Jesse initially started the media property, Canadaland, without financial support (like ads) and made sure he put out a new issue every week. Routines, routines, routines. They covered the Canadian media landscape.
He noted that within six months of starting the project, he started receiving story leads from his listeners. Hot tips and the like.
Well, guess what, CoFounder Weekly is about six months in (this is issue #32!) And we’ve started getting more leads too.
What’s a “lead” in our world? A funny cartoon. A hot startup. An overheard. A douchey cold email you received from a junior sales rep. You get the gist.
We get about 5-10 of these leads per week. And we love them! Many make it into the newsletter and it makes each issue slightly easier when we have contributors. Plus, there’s nothing better than an engaged audience.
🤗 Sharing is caring! Send your leads our way (anonymously, if you choose) by emailing us at cofounderlife@googlegroups.com.
❄️ Not: Being contrarian
Wealthfront founder Andy Rachleff wrote a fantastic blog post in 2014 that lays out how the key to investing is to be both non consensus and right.
Source: Demystifying Venture Capital Economics, Part 1
Yet, it kind of feels like being contrarian is a thing these days. In that case, if everyone is a contrarian, is anyone a contrarian?
Sometimes non-consensus opportunities emerge when there’s a narrative violation — aka when a company/organization that does something that is against popular sentiment in the moment. Think investing in Bitcoin in 2013 (or even today?) when everyone called it a bubble. This concept is an investment criteria of Bedrock Capital, whose approach is to invest when companies are incongruent with the narrative… “Simply put, we search for narrative violations”, they say.
Source: “In Search of Narrative Violations” by Geoff Lewis and Eric Stromberg
📊 Poll: Do you consider yourself a contrarian/heterodox (not conforming with accepted or orthodox standards or beliefs)?
👍 Click to vote YES | 👎Click to vote NO
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Last week, we asked whether your mindset around your startup is “Passion” or “Just a job”, here’s the results:
🏆 Startup of the Week: Purple Carrot 🍠
🍠 <— have no idea what veggie this is but let’s pretend it’s a purple carrot!
For the longest time, I’ve been resistant to meal kit delivery services.
They feel like the ultimate Millennial product — overpriced, pre-sliced, ready to cook meals that are supposed to make you feel like Gordon Ramsay when you’re really just Chef Boyardee.
Here’s what’s cool about Purple Carrot (hopefully I don’t sound like a wellness influencer…):
The meals are healthy, tasty, filling, and plant-based
The directions are visual and very easy to follow
They don’t treat you like a lil’ baby. Nothing is pre-sliced.
🔗 Click here to read the full review.
🚗 Crash buddies
Source: @fuckadvertisements
👩💻 FOUNDER & 🤑 INVESTOR STUFF
(Interesting bites for startup nerds)
Tweetstorm here.
Tweetstorm here.
💡 Founder tips
🚨 New section alert🚨 Snackable, actionable tips to help you hone your entrepreneurial skillz.
😸 FUNNIES
(LOLs from this week)
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Hugs,
Got a story tip? Email us at cofounderlife@googlegroups.com.