Founder Fridays No. 26
Practical tips to help founders scale smartly.
Happy Friday! This week’s briefing is focused on management.
Did a savvy founder share this with you?
Yes, And Divergent Thinking
If you’ve ever come up with a name for a child, pet, or even a beloved plant or car, you’ve engaged in divergent thinking. As you were thinking of names, you let your mind wander, imagining all the possibilities. This method of thinking also comes in handy for startups, in the form of 1) free writing, 2) mind mapping, 3) disruptive brainstorming, 4) Alternative Uses tests, 5) collaborative drawing and storytelling. Atlassian (10 minutes)
Making Interviews Enjoyable
When you’re scaling quickly, moving at warp speed and sitting on several hiring panels, interviewing can seem like a task you just need to get through. But it’s worth pausing to remember that the decision to hire someone is an expensive and far-reaching one. This company reached out to some of the smartest, most thoughtful operators in their network to pose a simple question: “What’s your favorite interview question and why?” These are the answers. First Round Review (42 minutes)
Founder FAQ: What Does a Startup Need to File After Closing a Funding Round?
If a company relies on an exemption under Regulation D to offer and sell securities, the company must file a Form D with the Securities Exchange Commission (“SEC”) after it first sells its securities. A Form D is used to file a notice of an exempt offering of securities. Westaway (4 minutes)
Startup Funding Guides
I’ve put together a series of guides to equip founders to excel at fundraising. These guides break down the deal term by term and give you negotiation tips so that you can speak to investors with confidence.
Move Fast. Don’t Break Things.
Hi! I’m Kyle. This newsletter is my passion project. When I’m not writing, I run a law firm that helps startups move fast without breaking things. Most founders want a trusted legal partner, but they hate surprise legal bills. At Westaway, we take care of your startup’s legal needs for a flat, monthly fee so you can control your costs and focus on scaling your business. If you’re interested, let’s jump on a call to see if you’re a good fit for the firm. Click here to schedule a 1-on-1 call with me.