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Submit ReviewThe fall of SVB will go down in history as one of those ‘where were you when …’ moments. For David Cohen, he was sitting at a sporting event when his phone began buzzing incessantly. For Brad Feld, he was couch shopping with his wife.
Feld is no stranger to crises and his instincts kicked in quickly.
“I shifted into problem-solving mode,” says Feld.
But then, almost as quickly, the government stepped in and money began flowing. Crisis averted. It was time to reflect.
Listen as Feld and Cohen share insight into what they saw in the VC and startup community, how communication made all the difference and how many came together to support each other.
They also tackle the looming question weighing heavy on founders’ minds: how will this affect the future of startups and fundraising rounds in process?
As for the couch? Tune in to find out.
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Though many might shy away from working with their spouse, MeatoDoor Founders Ambreen Khan and Rashid Ahmed wouldn’t have it any other way.
“We don't see that as a challenge in terms of running the company. We are both totally different individuals; we bring different skills to the table,” says Ambreen, who is also CEO of MeatoDoor. “In fact, we both complement each other so much that almost 60% of the skillset that is crucial for an early-stage company to have growth, we actually satisfy the needs.”
Listen as Ambreen and Rashid describe how they blend their lives and their startup work, and why this Riyadh Techstars Accelerator startup is not a family business.
Also, don’t miss David and MeatoDoor CFO Rashid talking about building a startup in the UAE, and expanding the business and the startup community to Saudi Arabia and Egypt.
Be advised, our non-meat-eating listeners: We also will be discussing sourcing and selling animal meat as it relates to supply chain challenges in the Middle East and the world.
Follow David Cohen on Twitter @davidcohen
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As an entrepreneur, Jay Clouse loves to create. After spending time in the product world as both a founder and an employee of another company, he stumbled into the world of content creation, where he could build products on his own timeline.
The Creative Science Founder has the #givefirst mentality, providing many free resources through several platforms for founders and creators, including his podcast Creative Elements.
“The model in a nutshell is giving first for as long as you can, never stop giving, and then some people will choose to give back to you because of that,” Jay says.
Listen as Jay shares how building your personal brand is valuable to success: “This level of influence that you can have as an individual … can be huge no matter what you're trying to do, whether you want to funnel that toward your own products, whether you want to funnel that toward your startup or your fund, it can be totally game-changing.”
Also, don’t miss David and Jay talking about the importance of sharing information in different ways, becoming your product’s “public loudmouth,” and the growing popularity of the Build in Public strategy.
Follow David Cohen on Twitter @davidcohen
Follow Jay Clouse on Twitter @jayclouse
Listen & subscribe to the Give First podcast on Apple Podcasts, Spotify, and more.
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Do you have a digital storage problem? As almost everything begins to be stored digitally, customers are often looking for sustainable but secure and permanent storage for their assets.
What was once considered science fiction has been created by Arweave. One of the company’s goals is to create a permanent archive of all of humanity’s knowledge through its cryptographically verifiable method.
“The simple way of explaining what Arweave is to people that have read 1984 is, well, you know the memory hole? Well, we make the memory hole impossible,” says Sam Williams, Arweave co-founder and CEO.
Listen as Sam talks to Pete Townsend, Techstars managing director and leader of the Techstars Web3 Accelerator, about the story of Arweave, and how hope and resilience led to extraordinary success. Also, don’t miss Sam sharing advice for future Web3 founders that he learned throughout this process.
Follow David Cohen on Twitter @davidcohen
Follow Pete Townsend on Twitter @PeteTownsendNV
Listen & subscribe to the Give First podcast on Apple Podcasts, Spotify, and more.
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When a thoughtful founder or investor is thinking about creating or sustaining long-term value and a company that adapts for the future, they are already inherently thinking about environmental, social, and governance issues (ESG).
ESG is for ALL companies - not just the ones focused on the environment.
Dr. Mairi-Jane Fox, Director of ESG at Techstars, breaks down the creation of ESG, starting from when companies began to think about their corporate social responsibility (CSR), to the sustainability movement across corporates, and now tracking how companies were addressing ESG issues.
“ESG evolved out of those spaces when investors, who are a powerful crew for change, started to realize companies could lose their social license to operate by making poor social choices,” Mairi-Jane says. “ESG is the data-driven thinking about financially material stuff that investors know impacts a company … so that they can manage for those risks or even manage for a positive impact.”
Listen as Mairi-Jane and David discuss different examples of ESG responses and how ESG can set up companies for greater success. Also, don’t miss how Techstars is modeling ESG operational standards for its portfolio companies.
If you missed the previous ESG takeover episodes, check out episode #66 on the benefits of ESG measurement for your company; episode #68 on how to engage with investors; and episode #69 on what it means to be a b corp.
Follow David Cohen on Twitter @davidcohen
Listen & subscribe to the Give First podcast on Apple Podcasts, Spotify, and more.
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When we talk about a startup successfully raising money after being part of a Techstars accelerator, that’s not an unusual story. But did you know that only 0.3% of all venture capital funding goes to black women?
For Deborah Gladney, co-founder and CEO of QuickHire, this was a reality every day as she and her sister built their company with not many connections, low-balled valuations, and many more roadblocks.
“After we were able to successfully raise, what was so apparent was how rare it was because we didn't realize that we were actually the first black women in Kansas to even raise a million dollars or more in venture capital. It was 2021 and to be the first, that tells you the disparities that are apparent in the industry,” Deborah says.
Listen as Deborah shares her experience as a black entrepreneur, how she utilized her advisors to advocate for her startup, and why representation is such an important area for both investors and startups.
Also, don’t miss Deborah talk about the 2021 Techstars Iowa Accelerator that she was a part of and how the Give First mantra has helped to remove opportunity barriers for others through QuickHire.
Follow QuickHire on Twitter @getquickhire
Follow David Cohen on Twitter @davidcohen
Listen & subscribe to the Give First podcast on Apple Podcasts, Spotify, and more.
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Imagine always having a soundscape that adapts to what you're doing and what you need to get done without the need to manually select a playlist.
This is the future with Endel, an app that utilizes circadian rhythms and the neuroscience study of how sound influences the cognitive state.
“It's an ever-present sound that follows you everywhere during the day across all channels and platforms Endel is available on. And it just proactively shifts between different modes, depending on what you're doing right now,” says Oleg Stavisky, CEO and co-founder of Endel. “The end game for me, in terms of how the product looks, is just this one play button. You press play, you go about your day.”
Listen as Oleg found the Techstars Music Accelerator and how it cultivated his Give First mindset. In particular, Oleg had a life-changing experience with one mentor who introduced him to hundreds of investors and was very involved in helping him succeed. Now, Oleg is helping to cultivate the startup community in Berlin.
Also, don’t miss Oleg share Endel’s accomplishments, from being named the 2020 Apple watch app of the year and 2021 best of Google Play to the massive amount of user stories that tell of lives changed. “We get thousands of emails now. That’s what makes me come to work every day and say we are doing something very, very special,” Oleg says.
Try the Endel app for 3-months at no cost using this promo link: https://code.endel.io/?code=techstars
Follow Oleg Stavitsky on Twitter @stvtsk
Follow David Cohen on Twitter @davidcohen
Listen & subscribe to the Give First podcast on Apple Podcasts, Spotify, and more.
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It took decades for Brad Feld to understand his depression and mental health struggles.
“There was a period of time, pretty deep into this depressive episode. … Work was fine. Business was fine, but I would describe it looking backward as the complete absence of joy. There was no joy in anything that I was doing in any way I was doing it.”
All the while, Brad was the founder of his own company while in his mid-20s, but he felt ashamed as the CEO because “the mantra that got thrown around for a while is that you can't show any weakness.”
Listen as Brad discusses his diagnosis and how it helped him respond to his anxiety and depression. Brad and David also talk about mental health in the startup community and how to stop the stigma, both broadly and in the entrepreneur space.
Also, don’t miss episode 20 of the Techstars Entrepreneur’s Toolkit, which discusses mental health issues facing entrepreneurs.
Follow David Cohen on Twitter @davidcohen
Follow Brad Feld on Twitter @bfeld
Listen & subscribe to the Give First podcast on Apple Podcasts, Spotify, and more.
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If an entrepreneur takes a seed stage investment from a very large brand-name venture fund, they’re unlikely to get very much of the venture fund’s time. However, when it comes to emerging managers, this group often comes up with very specific ways that they believe they can help you, says Recast Capital Co-Founder and Managing Partner Courtney McCrea.
“To the extent that you're in the earliest stages of your development of your business, I would think that I would be looking for partners that could help accelerate the growth of my business, and often they are emerging managers in venture,” she says.
Listen as Courtney tells David how Recast Capital is trying to help add diversity to the sea of sameness within the emerging manager community, not just on gender, ethnicity, and authenticity, but also backgrounds and experiences.
Also, don’t miss Courtney sharing how Recast Capital was started as a #givefirst initiative and as a result, it has given back to them in ways they could have only dreamt about.
Follow Courtney McCrea on Twitter @courtneyrmccrea
Follow David Cohen on Twitter @davidcohen
Listen & subscribe to the Give First podcast on Apple Podcasts, Spotify, and more.
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In this final ESG takeover episode, Dr. Mairi-Jane Fox, who helps lead ESG at Techstars, talks with B Lab Senior Manager of Community Engagement and Network Strategy Becca Quirk and Project Canary Co-founder & COO Will Foiles about what it really means when a business gets its B Corp certification and how it creates impactful changes.
“Inherently, becoming a B corporation forces a founder to look not just at what we are accomplishing today, but what we are working to accomplish,” says Becca Quirk.
Listen as Becca and Will describe the benefits of this certification for startup founders, such as thought leadership opportunities among the B Corp community, rigorous steps that showcase dedication to stakeholders, employees, and future investors, and a framework for solidifying the company’s mission.
Will and Becca also answer commonly raised questions from startup founders about how much time it takes to certify, and if it really is beneficial for early stage and small startup businesses.
Lastly, don’t miss Will, a Techstars Alabama EnergyTech Accelerator founder, telling us whether getting a B Corp certification is actually worth it.
Listen & subscribe to the Give First podcast on Apple Podcasts, Spotify, and more.
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