43North’s Post

Some food for thought for your weekend... Dippin' Dots, LLC makes me very nostalgic for summers spent on the Great Lakes and going to Cedar Point in Sandusky, OH. The flash-frozen ice cream is so fun and delicious. Dippin’ Dots filed for Chapter 11 bankruptcy protection in 2011. Scott Fischer, who purchased Dippin’ Dots out of bankruptcy in 2012, started noticing there was interest from businesses who wanted to use the company’s flash-frozen process. Dippin Dots created other revenue streams that have helped it financially as sales to theme parks and other venues dried up during the coronavirus pandemic. You can find Dippin Dots frozen fat globules (yep!) in plant-based meats such as Beyond Meat, and they have also used their high-volume cryogenic freezing in pharmaceuticals, probiotics, and animal feed. I loved this story! It has it all: nostalgia, a failing business, a PIVOT, innovation, and a really ingenious strategy to use brand equity to capture new markets. On Angel Investors Ontario's Knowledge Hub, we have a course titled "Building Great Products" with Shawn Hewat from Wavy. In this session, Shawn discusses product development, product market fit at different stages of your startup, going through a pivot, and how to validate fundraising along the way. Watch here: https://lnkd.in/g_ahZ4bg Stay tuned to Knowledge Hub as we are launching more videos in our "Founder2Founder" series soon! #angelinvesting #startups #entreprenurship #innovation

Founder of startup Setor’s Hub, Jacinta Ama Tamakloe is making smoked herrings or amane, more appealing. She quit her corporate job to pursue her family business but has taken it a notch higher. Get to see how on this Wednesday's episode of the Joy Business Van. Don't miss it! #JBV #JoyBusinessVan

Establishing compensation practices in startups can be extremely complex. So what's the best way to start? There's no one-size-fits-all approach, but building and iterating your practice from day one is always easier than trying to reverse-engineer it later. Jess Blomfield, Head of People & Culture at Airtree, shared insights on startup compensation practices with Matt McFarlane as part of the FNDN series. Along with emphasising the importance of starting early, Jess shared: 🧡 Her journey to Airtree 👐 Things to consider when establishing a compensation practice 🤸♀️ The importance of flexibility in compensation models

Been reflecting on some old notes lately (as I do my yearly reflection on 1th of May). After sold my previous company and jumping into helping other startups scale, one piece of advice permanently rise above the rest: Culture eats strategy for breakfast. The people you bring in define your company's DNA, and how you nurture that culture through your actions (who you reward and, equally importantly, who you don't) is the key. Thrilled to be at Wise, where the startup hustle and "get it done" mentality are still alive and kicking. It's a quality many companies lose as they grow, and one we must fiercely protect.

Day 13 : narad.io | The Intranet Founders got opportunity to do first pitch since launch, at a Startup Demo Day organized by eChai Ventures and Provyz Co-working This is just a start. Many more to go 🚀 👉 Checkout narad.io, if you are a looking for centralized hub of Knowledge and Information for your Team Vipul Jain | Manoj Adwani 

One of the biggest reasons NY has slowly become a top hub for founders? 🗽 Camaraderie. Over the last 20+ years, the startup scene in the city has evolved into an ecosystem where founders build deep roots and community. And now, great companies are being built in NY every day. Check out the full conversation with Eric Friedman of Graph Advisors and Sam H. of Intangible Ventures on this week's episode of NY Seed Round, hosted by Justin Wolz Link in the comments 👇

Creating an ideal board experience is easier than you think. If you ask Charles Hudson, managing partner at Precursor Ventures, it all comes down to keeping an open mind and engaging in open dialog (and sprinkling in some fun board dinners doesn't hurt either). #vcinsights #startuplessons #boardmatters

Today's the day! I'm so excited to share more about what I've been working on, starting with the name of our startup: Practice (practicemaking.com). Read all about it on my latest Substack post, linked in the comments.

For a young startup, channel partnerships are one the hardest things to crack.   At Buildcon’s Testing Go-To-Market panel, Ryan Daniels, founding team member and GTM lead A.Team, beautifully described a methodical approach to thinking this through and making it work. A link to the full session, with Ori Lavie, Adar Hay, Adi Foksheneanu Gov and Noa Urbach, is in the first comment

The one thing all the top brands that launch on Grommet, as well as the fastest growing new and emerging brands all have in common is... At the early stages this one trait can be found in nearly every founder, maker and entrepreneur I've worked with over the past 20 years. And it's true for every Product of the Week Winner, member of the 1,000 upvote club and the brands that are jumping on rocket ships and cannot be stopped 🚀 #startupsuccess #startuplife #dtc