Founders 8 - weekly digest of startup savvy
Great reads about the past and future of technology, staying focused, choosing co-founders, and more. Enjoy!
I’m super thrilled to announce the launch of "Founders 8", a brand new newsletter under The Runway, tailor-made for you, an amazing community of startup founders!
Every week, you'll receive a carefully curated selection of 8 interesting publications that are absolutely worth your time!
Back in the day…
I was born in the late 80s. I remember the world without the Internet, know what is a floppy disk, and how to use a printed map (though I was always lost).
This writing byreminds me of the massive technological progress we have experienced in the last 15 years. Must-read, if you work in tech. You play your role in that change!
Do things that don’t scale reminds me why Paul Graham’s blog is a resource I should be coming back to on a regular basis.
From Paul Graham, “The reason why founders ignore going out and recruiting users individually is that the absolute numbers seem so small at first. This can't be how the big, famous startups got started, they think. The mistake they make is to underestimate the power of compound growth.”
Kyle also answered one of the questions that have long been on my mind: is VC funding for every startup?
From Kyle, “If you read the startup press, it may feel like every company is raising VC funding; that’s not an accurate representation of reality. According to the National Venture Capital Association, less than 1% of businesses receive VC funding.”
Three powerful tips fromon how to find balance when feeling overwhelmed.
From Oleksii, “Catching opportunities instead of focusing on predictive work is like investing in lottery tickets instead of buying stocks.”
Stop chasing ghosts wrote an excellent piece that expands some of my hypotheses from “Focus or die” and “How many tasks did you complete this week?”.
From Rajesh, “Many folks would assume that companies, rational optimizers that they are, avoid spending much time on low-impact high-effort projects. Unfortunately, that isn’t consistently the case.”
The internet era
From, “The magic of internet culture isn’t in its permanence or connection to the past, it’s the opposite: the magic of internet culture is that it’s changing, always, right in front of us. In the internet culture era we are the wizards behind the curtain.”
If you enjoyed the F1 from, check this insightful essay published on .
It's exciting to think that we are literally creating the 'new era' that future generations, including our kids, will learn about in schools. Living on the edge between the old and the new is exciting, and somehow I find it a privilege!
Raising a founder
From , “If it takes a village to raise a child, it takes an ecosystem to raise a founder.“
One of the most powerful statements I’ve read in the past weeks.
We all know simulation computer games like Civilization, RollerCoaster Tycoon, and The Sims (of course!). After reading the piece from Gareth, I couldn't stop thinking that there is no successful startup without a supportive environment. And like in computer games - these ecosystems are built from different layers and blocks, and results are highly dependent on how well these elements interact with one another.
Toolbox for your focus
“Focus or die” is what the game is about. I like to think that it's impossible to win the business while living in Disneyland. And the world is such a theme park that easily overstimulates us, sometimes, within minutes after waking up.
If you struggle with staying focused, definitely try some of the advice published by.
From Alexander, ‘I only have notifications for banking apps, calls (I see when someone is calling me), or the Messages app (I don’t use it for chatting with anyone — and need notifications mainly for the “confirmation codes”). Yes, I’m that kind of person — there are no other notifications.’
It’s great advice, though I’m even more conservative! I’ve muted all notifications (literally ALL), except calls from my close ones. This approach does real magic to productivity!
Co-founders will make you fly (but it’s not gonna be easy) wrote a great piece about building a company with co-founders.
From Roy, ‘There are huge advantages to finding a co-founder both for you personally and for the business.’
Roy continues, ‘After the business fell apart, our relationship (with co-founder) suffered for a few years and we definitely were not as close as we were when we had a shared baby to take care of. However, at the time that we ran the business, I couldn’t have asked for a better business partner.’
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