Welcome to the first LaunchLetter. I'm so glad to have you. You can read the introduction from me, andΒ more about the goals and mission of our community here.Β
-Kelley Griggs
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Β Β You know the phrase "Water, water everywhere but not a drop to drink?" It's originally from a short poem byΒ Samuel Taylor Coleridge, regarding the sea. I think it also applies to the relationship between early-stage founders who'd like to raise funding and investors who are looking for a certain amount of traction in startup communities. If you live in the Southeast U.S. and are an early stage tech startup, you may feel particularly parched. Access to capital is Southern/alpha's most requested subject matter. The good news is, Modern Capital is addressing this region and founders and investors who live outside of Silicon ValleyΒ with a valuable and localizedΒ network. Please meet your five minute mentor, Monique Villa.Β
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Monique VillaΒ
Creating more transparency for founders to the current venture capital fundraising process. Standards for revenue targets at the seed, Series A and beyond stages are only one piece to the puzzle and requires a closer look at how business models are evaluated. I believe in transparency and creating a safe space for founders to access the tools they need, when they need them.
Trusting my gut when meeting someone for the first time and deciding whether or not they are someone I can trust long-term. This is particularly important when meeting founders who are seeking a long-term capital partner; trust is critical.
Getting plenty of sleep and blocking out time to clear my head to prevent information overload.
Startup founders benefit from having worked in the service industry. It is a critical training ground for understanding customers across all segments.
I believe in respecting others. Titles shouldnβt matter; people matter. Β
Monique Villa launched ModernCapital in Nashville to build a supportive, cross-regional community for founders in the Southeast.Β You can find her on Twitter here.
Monique nominated Allie Felix of Embarc Collective. She may appear in a future LaunchLetter.Β
Did someone forward you this week'sΒ LaunchLetter?
It'sΒ a five question interview from fellow founders and CEOs about problem-solving, creating habits, and advice as you startΒ or grow aΒ business.Β
Know someone who will bring perspective and insight toΒ LaunchLetter?
Nominate a founder or CEO who inspires youΒ and we will do our best to invite them to a LaunchLetter interview.Β
LaunchLetter is a weekday newsletter from Southern/alpha, a website that featuresΒ collections of stories and resources for underestimated startupΒ communities.Β
LaunchLetter isΒ forΒ founders getting started on an idea or business. OurΒ goalΒ is to share the perspective, habits and positive messages ofΒ more experiencedΒ founders and CEOs.Β WeΒ hopeΒ you find it relatable and delightful as you getΒ focused for the day on your own goals. EnjoyΒ the ride.
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