- Re:VITALIZE
- Posts
- Pre-Seed Founder Salaries, Advice for First-Time Founders, and A Startup Pivot
Pre-Seed Founder Salaries, Advice for First-Time Founders, and A Startup Pivot
A newsletter for founders & friends (20th edition)
Hey š
Welcome to the 20th edition of Re:Vitalize, a newsletter with tactics, strategies, and stories on building companies plus cool things weāre seeing in the future of work.
Did you missĀ last weekās newsletter about All Raise Summit quotes, a step-by-step process to raising $20M, and market downturn implications for VC? Subscribe below so you never miss anotherš
š§ 1 Year of The VITALIZE Podcast!
About a year ago, we launched The VITALIZE Podcast (Originally called Talking Venture). Since then, the show has been listened to thousands of times and weāve featured some amazing Founders and Investors like:
Wes Kao of Maven
Hunter Walk of Homebrew
Ruben Harris of Career Karma
Deena Shakir or Lux Capital
Alexandra Zatarain of Eight Sleep
Mac Conwell of Rarebreed Ventures
As well as dozens more!
Weāve also received glowing reviews from listeners like Viktor:
Friday appreciation post!
Big š to @justingordon212 for hosting The Vitalize Podcast.
Awesome guest, interesting topics and really good conversations. Most pods have one or two. Nailing all three is not easy.
Keep up the good work, Justin (and team ofc)! š
— Viktor Nyblom (@Qw4z1)
Jun 3, 2022
We just wanted to thank you for all the support and let you know that thereās much more more on the way!
You can subscribe to The VITALIZE Podcast below:
Subscribe on YouTube
Subscribe on Apple Podcasts or Spotify
Alright, letās go to your regulary scheduled newsletter content š
Top 3 Tweets
š„ Advice for First-Time Founders
1st time founders, grab some šæ
2nd time founders, this oneās for you: Whatās one thing thatās obvious to you now, that you would tell your first-time founder self.
— Saba Karim (@sabakarimm)
Jun 2, 2022
š„ A Startup Pivot
Two years ago, in the throngs of a global pandemic that brought the travel industry to its knees, I made the decision to pivot @Localeur away from native apps and to a lower-tech email subscription. The price was $8/month then and itās $10/month now but the offering identical. š§µ
— joahspearman (@joahspearman)
May 30, 2022
š„ Pre-Seed Founder Salaries
Hereās a spreadsheet with some of the top replies from the tweet below:
What's a normal salary range for pre-seed founders?
(Let's say they raised about $1M)
— Justin Gordon (@justingordon212)
Jun 1, 2022
š Bonus: Congrats Sydney!
I'm so excited to share that I'm jumping into the deep end and building a VC fund! š„³ My focus will be on the same thesis I've cultivated over the past 5 years - investing in + doubling down on Pre-Seed companies building technologies that make life better for real people. #LFG
— Sydney (@sydneypaige10)
May 31, 2022
Resources
A platform for advertising in premium email newsletters
A startup CEO salary report
A database for VC outreach
A collection of pitch deck templates
12 insights on product-market fit
Future of Work Reads
Why remote work will lead to greater success (Computerworld)
The Rise Of Hybrid Natives (Forbes)
Human capital at work: The value of experience (McKinsey)
Workforce Preferences Barometer 2022 (JLL)
An AI-enabled workforce is the future of customer engagement (Fast Company)
The World of VITALIZE
NOWHERE Co-Founder Ana Constantino was featured in the Futures 100 Innovators Report
This week on The VITALIZE PodcastĀ we had a throwback, featuring Amanda DoAmaral of Fiveable, a company making learning social by building spaces for young people to grow together. Amanda raised a $10M Series A since our discussion and we thought itād be a great time to resurface her interview š
Watch on YouTube
Listen on Apple Podcasts or Spotify
Caroline wrote an article sharing her findings on maternity leave in VC after speaking with ~60 VC firms
Gale is hosting a couple of free āAngel Investing Playbookā webinars in June
Open jobs at Vitalize portfolio companies
Future of Work Funding Rounds
Ordr raised a $40M Series C
Ordr's platform monitors IoT devices to minimize the vulnerability of computer networks to cyberattacks.
Top Investors: Mayo Clinic, Battery Ventures, Unusual Ventures, Wing Venture Capital, TenEleven Ventures
Vendia raised a $30M Series B
Vendia is a real-time data cloud, offering a fast and scalable way to share operational data across data silos, clouds, and partners.
Top Investors: Lux Capital, Operator Partners, Correlation Ventures, Canvas Ventures, Floodgate
CloseFactor raised a $4.5M Seed
CloseFactor provides automated sales research and contextual insights leveraging machine learning.
Top Investors: Sequoia Capital
Mintlify raised a $2.8M Seed
Mintlify uses AI to auto-generate documentation based on source code.
Top Investors: Y Combinator, Bain Capital Ventures, TwentyTwo VC, Quinn Slack
Techmate raised a $2M Round of Funding
Techmate Technologies is a software platform for on-demand technical support for small businesses.
Top Investors: Y Combinator, LAUNCH, Hustle Fund, The Syndicate.com, Entrepreneurs Roundtable Accelerator
Written byĀ Justin Gordon, Director of Marketing atĀ VITALIZE, a venture capital firm and 300+ memberĀ angel investing community for everyoneĀ investing in U.S.-based B2B software founders in the work revolution.Ā Find us onĀ Twitter,Ā LinkedIn, andĀ YouTube.