Welcome to The Full Stack Entrepreneur - our weekly newsletter where we share the most important startup resources of the week to help founders succeed on their entrepreneurial journey. 

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💻 Resources of the Week

In this section, you will find the best resources that we have seen in the last week. All of them help you grow your startup from 0 to 1.

🔥 Manage the What, not the How

Good managers focus on clear goals (“the what”) instead of controlling how work gets done. This builds trust, encourages creativity, and helps everyone learn, even when mistakes happen.

🔥 Using Reddit for marketing: We researched so you don't have to

Marketing on Reddit is challenging but rewarding if done correctly. The platform thrives on authenticity, making traditional promotional tactics ineffective.

🔥 2024’s most overhyped marketing trends, according to CMOs

As 2024 wraps up, marketing leaders are pointing out trends that didn’t live up to the hype. For example, celebrity endorsements that feel fake and shallow brand activism are turning off consumers who want real connections. More here. 

🔥 How to build a truly useful AI product

In this article, Chris Pedregal, Granola’s cofounder, highlights four key principles for building AI startups.

⚙️ Founder Tool of the Week

In this section, we share one tool that helps you build your startup.

⚙️ Promptless

This AI agents system automatically updates your customer-facing docs while you ship software. It can automate the drafting of updates for various types of content, including API references, use-case guides, and changelogs.

📕 Interesting read

To stand out in venture capital, investors need to offer more than just money. The best pitches show clearly how they can help founders, whether through industry knowledge, useful connections, or hands-on support.

Sharing specific examples, being brief, and showing genuine excitement about the founder’s vision can also make a big difference. Acting quickly, staying respectful of the founder’s time, and personalizing the pitch to their needs, will help build trust and increase the chances of being chosen.

💼 Get a Startup Job

🟢 Durin is looking for an Embedded Systems Engineer

🟢 Informa Group  is looking for a Business Development Manager

🟢 Adaptive is looking for a Staff Product Designer

🟢 Modern Treasury is looking for a Field Marketing Manager

🟢 Experian is looking for a Customer Support Specialist

🦄 Best Startup News of the Week

 🗒️ 56 US startups have become unicorns so far in 2024

Despite the tight venture capital market, unicorns are still being created every month. Using data from Crunchbase, CB Insights, and PitchBook, TechCrunch tracked down the newly minted unicorns so far this year.

🗒️ OpenAI brings ChatGPT to your landline

OpenAI is introducing a landline service to ChatGPT, allowing users to call 1-800-CHATGPT and interact with the AI assistant in real-time. Additionally, ChatGPT is now available on WhatsApp, offering a text-based experience with plans to add features like image analysis and web search. 

🗒️ With Beehiiv, Tyler Denk is riding the newsletter wave

Tyler Denk, founder of Beehiiv, has transformed his email newsletter platform into a rising force, generating $1.5 million in monthly revenue. Denk's brash public persona and transparent business updates have fueled Beehiiv's rapid growth, securing $33 million in Series B funding and helping newsletters collectively generate $3.5 million in revenue in Q3 2024. 

🗒️ Fintech startup Chime submits confidential filing for IPO

Chime Financial Inc., a fintech company known for its no-fee, digital-first banking services, has confidentially filed for an IPO, aiming for a public debut in 2025. Backed by $2.65 billion from investors such as Menlo Ventures and Sequoia Capital, Chime offers app-based banking-like services and recently introduced paycheck advances up to $500. 

 🗒️ Grammarly is buying Coda to expand AI offerings

Grammarly, the AI-powered writing assistant valued at $13 billion, has announced the acquisition of productivity startup Coda in an all-stock deal. Coda's CEO Shishir Mehrotra will take over as Grammarly's CEO, replacing Rahul Roy-Chowdhury. The merger gives Grammarly shareholders 90% ownership of the combined entity.

🗒️ AI startup Databricks hits $62 billion valuation in record VC round

Databricks, an AI-driven data analytics company, has raised $10 billion in a historic funding round, bringing its valuation to $62 billion. Led by Thrive Capital and backed by major investors like Andreessen Horowitz and GIC, the funding will be used for employee stock cash-outs, hiring AI talent, and potential acquisitions. 

🗒️ Menlo Ventures and Anthropic have picked the first 18 startups for their $100M fund

Menlo Ventures and Anthropic's new $100 million Anthology Fund has already backed 18 startups within five months, from fields like autonomous coding, fintech compliance, radiology analysis, and cybersecurity. The fund combines features of corporate startup programs and incubators, offering startups funding, company-building resources, and $25,000 in credits for Anthropic's AI models.

🤝 About this newsletter

We are writing this newsletter to inspire you and share the lessons we and other founders learned along the way so that you can build your startup easier, faster and more successful.

If you have any feedback, ideas, or topics we should cover, don't hesitate to reach out to us via Email or LinkedIn. 

The BT Crew

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