CoFounder Weekly is a Sunday newsletter about startup life. It pairs well with piping hot CBD-infused hibiscus tea.
This week: 🤔Thought Starters, 📄Resume of @IPOboiii, 👩💻Founder and Investor Corner, 📆Day in the Life: Karthik Sridharan, 😸Funnies.
“I feel like CoFounder Weekly is a metal detector for the startup stories I need to know about” - reader Yasser Ansari
💌 Did somebody forward this to you? Subscribe to get our latest issue every week!
🤔 Thought Starters
(Four Tweets this week that made us think )
📆 Day in the Life: Karthik Sridharan
Karthik Sridharan is the Co-Founder and CEO of Kinnek, a B2B marketplace that helps small businesses with purchasing. His team has grown to dozens of employees, and has raised Series B funding from investors like Thrive Capital and Matrix Partners.
Karthik starts his day early and ends super late. You'll usually find him with a cup of coffee in one hand (or both)..
📄 Anyone want to hire our friend Chad?
💌 Want to get @IPOboiii hired? Send his resume to a friend 😉
👩💻 Investor and Founder Corner
Garry()@garrytanIf you're a startup and you're not even growing 2X per year, and you're wondering if you're failing... yeah, you probably are. The interesting thing is the vast majority of those who are in that situation don't ask that question, and instead write VERY LONG investor updates.
🎢Ryan Caldbeck shares the brutally experience of pivoting his startup AFTER raising $35 million in capital. Having pivoted before in our own startup experiences (more on that another time), it’s emotionally exhausting to rethink all your assumptions and start over. But as Ryan explains, you don’t fully start over: you take inventory of your learnings, assets, and teammates — and re-aim the missile.
(LOLs from this week)
🏆 Challenge: Sizing the Market (UPDATE)
Last week we asked readers:
“How many avocados will be consumed in the US this weekend?”
Our favorite answer came from reader Benny Rubin:
“Year 2000: 1 avocado for every person who visited a Mexican restaurant
Year 2005: 1 avocado for every person that visited a Mexican restaurant and had a fancy brunch
Year 2010: 1 avocado for every person that visited a Mexican restaurant, had a fancy brunch, and did a yoga class
Year 2015: 1 avocado for every person that visited a Mexican restaurant, had a fancy brunch, did a yoga class, is a resident of Greater San Francisco, Greater New York, Greater San Diego, Greater Austin, etc
Year 2020: avocadogeddon.”
As a prize Benny, you win this rolodex. Please send us your mailing address.
Second place was a simpler answer by Haamid Chamdawala: “Half the number of toasts consumed this weekend :)”.
📊 Poll: Will you own a car one day?
(Vote on the Tweet)
- - - - - - - - - - - - -