Discover and read the best of Twitter Threads about #founders

Most recents (24)

Have a startup idea ?

Understand how good it is using Y combinator method.
Startup School instructor Dalton talks about how to get and evaluate startup ideas.

If you want to work on a startup idea, Google is a great resource.

Step 1 - figure out if the idea has founder market fit, and if so, how big the market is, and see if you have competition.
He explains:
Ideas can be judged on their potential to solve a problem, their ability to be scalable, and their potential for founder market fit.

Also, notes that good idea spaces tend to have high hit rates for new startup.
Read 9 tweets
It is difficult for new startup founders to understand GST system.

We have simplified it below:
GST (Goods and Services Tax) is a tax system in India that requires businesses to file their tax returns electronically.

There are different types of GST returns, including GSTR-1, GSTR-2B, and GSTR-3B. Here's a brief explanation of how each one works:
GSTR-1: This return is filed by businesses to report their outward supplies of goods or services.

In simple terms, it means the sales made by the business.

The return needs to be filed monthly or quarterly, depending on the turnover of the business.
Read 8 tweets
Having gone thru many rounds while creating an $8 Billion co (@dreamsportsHQ), thought I’d share some funding/dilution planning math for #founders #entrepreneurs to try to own 30% (yes!!!) of their company while creating more Indian 🦄s
Thread below 🧵

Founders - 100%
ESOPs - 0%
Investors - 0%
Solve a large problem you're SUPER passionate about
Seed round 🔥
Raise $2M @ $8M pre, $10M post
Founders - 65%
ESOPs - 15% (newly created)
Investors - 20%
Valuation basis - Team (Founders) + TAM (Total Addressable Market)
Read 11 tweets
Welcome to our thread on the power of #anonymity in the #cryptoworld. In this thread, we'll explore 8 reasons why #crypto founders choose to remain anonymous, & how it impacts the crypto ecosystem. Let's dive in $QUACK! #CryptoAnonymity #Decentralization #Cryptos #RichQUACK

1. #Anonymity can provide a layer of protection for crypto founders and team members, helping us avoid potential legal or regulatory issues that may arise from our involvement in crypto projects. $QUACK
2. By emphasizing the technology or project over the individuals behind it, anonymity can help prevent the founder or team members from becoming a distraction or target of criticism, and instead, focus on building trust with the community. $QUACK
Read 10 tweets
#India's #startup ecosystem raised $455 million across 24 deals last week (Jan.16-21,'23) with #fintech #unicorn PhonePe turning decacorn at $12 billion valuation.
#StartupIndia #DigitalIndia #VentureCapital #funding #Entrepreneurship #innovation #Motivation #prosunjoyi #Thread Image
#India's #startup ecosystem raised $126 million off 16 deals last week (Jan.23-28,'23) across #cybersecurity, #deeptech, #energy, #gaming, #logistics, #SaaS, etc. with total #funding for Jan.'23 crossing $1 billion. #StartupIndia #DigitalIndia #VentureCapital #inspiration #Thread India's startup ecosystem's...
Read 22 tweets
1/ I am often asked by new #startup #Founders "how much should we be paying ourselves?" Nearly all the answers I've heard are WRONG!!
2/ No you shouldn't be living off this, it's unhealthy (but yummy).
3/ Here is the correct answer for #founders that are pre-revenue.
Read 11 tweets
P1/18 🌍🔥🚀

News Post #54

What’s happening in the #African startup, tech & investment ecosystem? Here are a few things worth checking out! #Founders #Startups #Tech #Africa #Fundraising #Investment #News.

Original News Post:
P2/18 🧐🧐🧐

Ijeoma Ejimadu, alumni of the Dream VC African VC training programme has produced an #Africa Venture Capital Salary Insight report. Looking to enter a career in #African VC - then this is a great piece to read.
P3/18 📣📣📣

Oyin Solebo has been appointed as MD for ARM Labs Lagos Techstars Accelerator via TechHawk!…
Read 19 tweets
P1/19 🌍🔥🚀

News Post #53

What’s happening in the #African startup, tech & investment ecosystem? Here are a few things worth checking out! #Founders #Startups #Tech #Africa #Fundraising #Investment #News.

Original News Post:
P2/19 🧐🧐🧐

@TLG_Capital & @anafricanfuture launch US$25M programme for African startups. TLG Capital and The Fund for Africa’s Future will be a venture debt fund.
P3/19 💁‍♀️💁‍♀️💁‍♀️

10 Women lead multimillion-dollar startups in male-dominated Nigerian industries via @VenturesAfrica.…
Read 19 tweets
From making pesticide-free vegetables accessible to reimagining critical care through Tele-ICUs, these amazing #startups are helping India move towards a #better life.⁠

#MakeInIndia #Entrepreneurs #StartupIndia #Founders #Innovation #BestOf2022 #YearEnder #TopList
Read 10 tweets
2022 was more of a body blow than a knockout punch to #Founders and #VCs.

Most Founders will stagger to their feet and strategize with their Investors.

So while the next 12 months will feel like 12 more rounds, it’s a fight that can be won.

8 predictions for 2023: 🧵👇
2023 Prediction #1: Many important macros will stabilize

“You have to learn the rules of the game and then you have to play better than anyone else.” – Albert Einstein

Uncertainty freezes markets. Certainty liberates them.
It’s highly likely that we’ll see the end to rate increases by mid-2023.

It’s highly likely that the drivers of inflation will flatten and/or start to improve by mid-2023.

It’s highly likely that housing prices will settle into a new norm by mid-2023.
Read 26 tweets
Gigantic businesses can be created when an amazing Founding team focuses its attention on a rock-solid business idea that’s perfectly aligned with an emerging mega trend.

This is what #Founders and #VCs live for.

Curious what this looks like for a 15-month-old company?
The Problem Statement

The pandemic has taught the world that it’s possible to effectively work remotely. One result of this discovery is that many knowledge workers are interested in occasionally working from “destination locations” that allow them to mix work with fun.
But there hasn’t been a great way to find rentals in vacation destinations where being able to work remotely is a requirement.

On sites like Airbnb, what you see and what you get varies wildly. Reliable high-speed internet and dedicated work zones are rarely “as advertised.”
Read 13 tweets
I used to get paid $20k/day to advise early stage #startups. Average revenue growth of the startups I advised was 10x over two years.

I gave the #founders the same advice every time.

Pre-product-market-fit founders should organize their schedules like this.

A short thread 🧵
1) You have lots of great ideas about how your company can make money.

Figure out which ONE is most promising and spend 70% of your time executing on it.

If someone is buying one of your products, learn everything you can about them and find more people like them to buy it.
2) Choose one or two other ideas that are promising and allow yourself 5% of your time to begin laying the groundwork for them.

Having conversations with people who can help you build the idea later, or speaking with target customers about their interest in the idea.
Read 8 tweets
1/ The 7 most common legal mistakes for startups.

Over the years I’ve worked with hundreds of early-stage founders. Based on that experience, this video is designed to help #startup #founders avoid rookie mistakes.
2/ Mistake No. 1 - Splitting the equity evenly up front.
3/ Mistake No. 2 - Not Using an invention assignment agreement.
Read 9 tweets
💡Seven ways to become a more effective founder

Credits to @GoogleStartups

#startups #founders

🚨⚠️People issues are the biggest risk to funded startups.

55% of startups fail because of people problems, according to a study by Harvard, Stanford, and University of Chicago researchers.

1. Minimize unnecessary micromanagement

Micromanaging can be helpful in certain situations, the most effective leaders aim to delegate work in order to scale both themselves and their businesses. Our data suggests that micromanaging can be a fatal flaw for CEOs.

Read 11 tweets
Sometimes the simplest things can have the biggest impact!

When it comes to people and #culture we tend to over engineer everything.

Sometimes it just needs to be simple and fun and creative!

So, I thought I'd share this simple hack from @OMERSVentures recent team offsite.
Last month, our team had an offsite - the first in over 3 yrs, and the first for all three of our regions (CAN, US, UK) to meet each other as a global team. It was a great week of connecting, collaborating!

#team #culture #connection Image
As our people & culture champion & w/ the dream team of @shawnchance & @MindOverMandi we collaborated on a session to help our team get to know each other in the face of continuing Covid-related work environments & the challenge of working in 3 countries, but operating as 1 team Image
Read 11 tweets
I see so many #Space and #defense contractor #founders enamoured with their tech. But ask them "Who's your customer?" and guess what? They have no idea. A business without a customer isn't a business!
Every business needs four systems. Your business is no different. Don't tell me it is, because it is not.
The first system EVERY business needs is a #leadgeneration system. Eyeballs have to come from somewhere to see your offer.
Read 13 tweets
Today marks the end of #MentalHealthAwarenessMonth, and we'd like to say a word on mental health in #tech.

51% of tech workers have been diagnosed with a mental health condition. By contrast, 19.1% of U.S. adults experience mental illness.

How can we change that? THREAD 🧵
Above all, we've got to open up about our struggles.

In this thread, 3 of our #founders talk openly about their mental health and tools that help them maintain it - tackling issues such as burnout, work-life balance and fear of failure.

Let's see what they have to say.
Founder & CEO of @KairnApp, @patbsci, recommends writing something down when it bothers you, daily.

"If it consistently bothers me 7 days in a row, then it means it’s not going away", she says. "Do something to change it, don’t let it eat away your energy."
Read 13 tweets
Rejection hurts. There's no denying it.

But just because your business pitch was rejected by a venture capitalist (VC) doesn't mean that your startup is doomed.

In fact, getting rejected can be a good thing. It can help you learn, grow, and become a stronger entrepreneur.

Here are three things to do when your business pitch is rejected by a VC:

1. Don't take it personally

It's easy to take rejection personally, but it's important to remember that it's not about you as a person. It's about your business pitch.
Maybe the VC didn't like your idea, or maybe they didn't think your startup was ready for investment.

Also remember,  VCs are bombarded with pitches every day. They can't invest in all of them, so it's not surprising that most pitches are rejected.
Read 8 tweets
Our co-founder @JKim_Tran shared about #NFT utility from a #dev perspective at @openwebfounders.

👇Here is what you can learn about #web3 #dev when building for #NFTutility.
Building for #NFT utility requires multiple features.

You need to build for NFT #distribution, #data, and #validation, or partner with other platforms for different features.
When choosing #web3 dev tools, here is an evaluation checklist:

1) Other platform #adoption
2) Can they keep up with your growth? Does their #roadmap align with yours?
3) How to get help?
4) #web3community is small. Can you get a direct line with the #founders?
Read 6 tweets
the power of community.
lately i've had hesitation from posting much on twitter. aside from focus on building head down, i think the bigger reason is b/c of the fear of unconstructive comments.

ie. "oh ur project floor is dropping, get back to work!"
i know this isn't necessary personal to me, but rather overall nature of the industry.

so instead i focus on diving deep into our community to have a closer pulse of whats going on and their sentiment. really uncovering the root cause.

thats when i started #founders-corner
Read 9 tweets
1/ How To Find Focus As A Solo Founder

#startups #founders #coders #indiehackers

Imagine being able to sit down and focus on your most important tasks that translate your time into direct measurable success

Here’s how:
2/ Being a Solo Founder who has trouble focusing means that you get less done than you want which in turn makes your business less successful than you'd like.
3/ Imagine being able to sit down and focus on your most important tasks that translate your time into direct measurable success. You would work through your to-do list steadily and effectively without worrying you are working on the wrong thing.
Read 18 tweets
1/ How To Schedule Your Time As A Technical Solo Founder

#startups #founders #coders #indiehackers

Here’s how: Image
2/ As a technical solo founder, getting the right things done in the right amount of time means your company survives instead of crashes.
3/ You want to have a good system in place to do this so that you can get your product out of the door, set up a sales system that works for your product, and a way to generate demand without making you overwhelmed and anxious.
Read 20 tweets
#AfricaTech #Reflections: So boards and DD aren't 'cool' anymore I hear. Both are wasting #founders time, and entrepreneurship is all about 'move fast and break things'. So - some #oldschool stuff here - or as they say, yes... *BUT*... (thread 🧵👇)
1/ Two different topics - but very related. So starting from DD, and will develop thoughts from there.
We are still in the 'money falling from the sky' era to an extent. Public markets are in the deep red, multiples are so south that IPOs and SPACs are almost irrelevant.
2/ Many of the larger funds, sitting on billions in cash, understood returns will not come from pre-IPO rounds. As cash raised recently, and model requires quick cycles and showing uprounds, best turn to early, and why not do so in 'exotic'/less crowded geographies...
Read 22 tweets
Another exciting week of exponential growth for our portfolio companies through our dedicated m² program:
1/ Now you too can connect with other #founders and resources (KOLs, Partnerships, Hiring etc.). Please, join our channel to connect:
2/ 🤝Connections
- Connected @solana gaming portcos @RoTTheGame with @PlayElumia
- Connected Solana #gaming portcos @SpaceFalconIO with @PlayElumia
- Connected portcos @official_pnode with @dojimanetwork
- Setting up call with @CelestiaOrg to identify ways to help portcos
Read 9 tweets

Related hashtags

Did Thread Reader help you today?

Support us! We are indie developers!

This site is made by just two indie developers on a laptop doing marketing, support and development! Read more about the story.

Become a Premium Member ($3.00/month or $30.00/year) and get exclusive features!

Become Premium

Too expensive? Make a small donation by buying us coffee ($5) or help with server cost ($10)

Donate via Paypal Become our Patreon

Thank you for your support!