"Age of Miracles"

Regy Perlera is building the future of retail with Seasons, an access-oriented rent-to-own platform for men. 

What most impresses me about Regy is that Seasons, which is very much designed for a world in which people go out, came out of COVID even stronger, and with a broader vision, than when the company started. We'll cover that story, along with: 

 - Lessons learned from Rent the Runway 

 - How to stay ahead of the fashion curve

 - Whether and how Seasons is thinking about web3

 - Regy's #1 piece of advice for founders 

I think this is going to be a public company one day, and Regy is a world-class founder with experience at Nike and StockX. You don't want to miss this. 

Chris Dixon tweeted that "Composability is to software as compounding interest is to finance." Money builds on money; software builds on software; the results are exponential. 

While it's harder to measure or intuit, the same is true for ideas. Each new idea is an idea lego. 

Read the full post at Not Boring.

Alexa Grabell is the co-founder and CEO of Pocus, a product-led sales platform backed by First Round Capital. Alexa started the company while getting her MBA at Stanford GSB based on her experience leading up sales strategy and operations at Dataminr. We discuss a wide range of topics including defining a new category, setting up a co-founder relationship for success, how to get the most out of early design partners (and what a design partner is), and how companies can add product-led sales to their toolkit. This one is packed with wisdom and practical insights. 

As we speak, thousands of people are contributing funds to the ConstitutionDAO in order to win a copy for the last remaining private copy og the US Constitution when it goes up for auction at Sotheby's on Thursday night. It's expected to fetch roughly $20 million. 

We'll cover the backstory, what a DAO is, and the significance of a group of people using web3 tools to buy the US Constitution together. 

You can read the full post at Not Boring. 

Imagine a place...    

This week, I teamed up with Mario Gabriele of The Generalist to tell Discord's story. You can read the full piece here. 

We cover:

Neuro-ID is a real-time behavioral analytics tool that analyzes all of our very human and unique taps, clicks, and swipes to help its customers fight fraud and better understand their customers. The company, based out of beautiful Whitefish, Montana, announced a $35 million Series B yesterday, in which Not Boring Capital is participating. I sat down with CEO Jack Alton to discuss: 

 - What Neuro-ID does

 - Transitioning from fighting fraud to a wide range of use cases

 - The unlikely advantage of the Whitefish HQ 

 - How the Series B came together

 - What the company plans to do with the money

 - How to do a founder --> outside CEO transition right. 

Last week, Facebook announced a rebrand to Meta and an all-in bet on the Metaverse. Zuck said all of the right things about openness and interoperability. 

The question people are asking is, "Can we trust him?"

The more interesting question is, "Do we even need to?"

In a world in which people are more used to ownership of their digital assets and identity, Meta’s best strategy will be to operate more like a Minimally Extractive Coordinator than an extractive platform. To reach its full potential, Meta needs to disrupt Facebook by turning itself into something that behaves more like a protocol than a platform.

Plus, Meta will be a better influence on the Metaverse than Apple. 

You can read the full post at Not Boring.

Since February, I’ve been writing an accidental series on how web3 is impacting culture, work, and the way that we all interact with each other.  Power to the Person was about how technology is empowering individuals as the new atomic units of commerce, The Great Online Game was about how the internet blurs the line between work and play for those individuals, and The Cooperation Economy was about how we play the game as teams of individuals or small groups. 

This essay goes one layer up to figure out how it all fits together: we’re all part of a great global Scenius. We’re all gonna make it. Let’s call it the WAGMI Scenius.

You can read the full post at Not Boring.

Lauren Rothwell is the co-founder and CEO of Retrera, a platform for remote employee engagement that makes it really easy to host team offsites and retreats. Every founder that I talk to with remote employees, even those who have offices, is organizing at least one offsite per year, and often one per quarter. They love getting the team together in a new location to build bonds, but organizing it all can be a huge headache full of hidden costs. Retrera makes that simple, with one tool to survey employees, book hotels, organize meals, purchase flights, and even follow-up to get feedback from employees and track their engagement over time. 

The corporate offsite market is massive -- something like $27 billion annually and $12 billion just for tech companies -- and Lauren is taking the smartest approach I've seen to bringing order to it. Before Retrera, Lauren studied math & econ grad from Trinity College Dublin, traded at Goldman Sachs, and went to business school at Stanford GSB. Her co-founder, Chirag, was an engineer at Airbnb and Facebook. Their skill is evident in the product and the growth they've seen: in just two months live, they've done 14 offsites for over $1 million in GMV. They're making remote work more fun and engaging. 

Your team should do a retreat. Go book a Retrera.

Not Boring Capital has invested $8 million in 79 companies over its first two quarters. That's fast.

This weekend, I sent an LP Update to Not Boring Capital's LPs. In this episode, I share the update with a particular focus on Not Boring Capital's strategy and the trade-offs I need to make to lean into my comparative advantages and away from areas where I'm weaker. 

You can read the full post at Not Boring.