Founder Fridays No. 58
Founder Fridays No. 58
Helping founders and operators scale smarter.
Welcome to October and welcome to Q4. Let’s go! 🚀
It’s the first Friday of October and that means that it’s funding Friday. You can check out September’s startup funding below.
But before we get into the funding data, you may want to check out my interview with Shane Parrish on how to make smart decisions. The conversation centers on his new book Clear Thinking: Turning Ordinary Moments into Extraordinary Results. Every founder / operator should read this book.
Clear Thinking
Few things will change your trajectory in life or business as much as learning to think clearly. Yet few of us recognize opportunities to think in the first place. In his latest book, Clear Thinking, Shane Parrish gives you the tools to recognize the moments that have the potential to transform your trajectory, and reshape how you navigate the critical space between stimulus and response. In this conversation Shane and I discuss: 1) Why best performers make good decisions, consistently. 2) How positioning can work to your advantage. 3) The enemies of good decisions. 4) How to be “long-term lazy”. 5) Entrepreneurship and fatherhood. Check out the video interview. If you dig it, please like and subscribe. YouTube (48 minutes)
Pre-Seed
Median Money Raised:
$1,255,625
Median Post-Money Valuation:
$10,250,000
Seed
Median Money Raised:
$2,047,500
Median Post-Money Valuation:
$19,500,000
Series A
Median Money Raised:
$11,517,188
Median Post-Money Valuation:
$56,875,000
Series B
Median Money Raised:
$21,965,000
Median Post-Money Valuation:
$95,500,000
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.
Convertible Note: Guide / Video
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.
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