Today we're launching Ground Floor Growth by @HustleFundVC, a way to get in on the ground floor of tomorrow's biggest companies.
Last week I asked anyone considering their next career move to reach out. Over the last six days, I've received hundreds of emails from incredible people who could be a great fit for the 300+ open roles at our portfolio companies.
We created Ground Floor Growth because the job search is broken on both sides. Candidates get lost in mass applications. Founders waste time on AI spray-and-pray resumes.
We're reviewing everyone who gets in touch share the most qualified candidates with our portfolio founders, and will keep you in the loop about new opportunities.
Sign up here: https://t.co/FtWLgtLqEG
We just raised $40M to solve America’s affordability crisis.
Groceries are the #1 financial stressor in America. Food prices are up 30% since the pandemic. For the 100 million Americans earning under $50K, the money runs out before the month does.
To fix it, Forage is building a network for affordability:
1. For families, we’re building a suite of products to expand financial access
2. For partners, we’re building a revenue growth engine by helping them win on affordability
Today, our technology is used in over 100,000 stores across all 50 states. Our payments volume is up 13x YoY. When grocers switch to Forage, they see a 15% lift in EBT revenue.
We also launched the Forage app, a free tool that helps cost-conscious families check their EBT balances, save on groceries, and earn rewards on every purchases.
US grocery is a $1.5T market. We're just getting started.
Onwards! 🚀
the era of incrementalism is over
adventure capital is back
that’s why we’re seeing so much concentration in mega funds and mega rounds
@Jeffreyw5000 at @FjLabs put it well @Zendesk this am
vcs are “power law pilled”
he advises against expecting that vc will be available…and is hopeful about the efficient, ai/agi resilient businesses that are quietly being built outside of the hype cycle
excited about both…
the set of things that make a business more appealing to vcs and things that make a business a good business is a venn diagram with some but not complete overlap