We live in a time where women receive less than 2.19% of all venture capital funding. But within this tiny percentage, a growing number of women-led companies have achieved significant growth in 2017. Startups like Accompany, Glossier, Shippo, and Lumi, among others, are killing it. Investor Chris Sacca tweeted:
"Holy 💩, I just saw the quarterly update from @Lumi. @JesseGenet is on fire. Go work there immediately."
Stitch Fix Founder and CEO Katrina Lake deserves special recognition. In November, she became the first woman to take a technology company public this year. We need more of this, and look forward to seeing more role models like Katrina in 2018. More here.
Stitch Fix has only been around for six years, and is expected to generate close to $1B in revenue in 2017. If you're looking for something a little earlier-stage, we surveyed investors from top venture capital firms about which women-led startups they're most excited about heading into the new year.
Bizplan is a modern business planning tool for startups. Plan your pitch, set goals, track your progress all from a single interface – it even has an automatic financial projections feature.
Earlier in the year when Bizplan launched on Product Hunt, it was upvoted more than 2,000 times by the community.
The cost of a premium Bizplan is normally $300/year, but we were able to get a special rate for Product Hunt and AngelList. Get a premium lifetime subscription to Bizplan for only $55.20. Offer expires December 20th.
🚀 Launch of the Week
Three years in the making, former Groupon CEO Andrew Mason launched Descript (and announced $5M in funding from a16z).
If you work with voice or audio, Descript is probably what you've been dreaming of: the world’s first audio word processor – a tool that gives superpowers to anyone who creates, edits or publishes voice audio.
On Product Hunt, Andrew described Descript's functionality quite simply: "you can edit audio by editing text." Watch the video.
If AngelList traffic is any indication, people are keenly interested in Bitcoin this week. If you're interested in the space regardless of your skill set, read our guide: How to Get a Job at a Crypto Startup.
P.S. The Coinbase app became the #1 on the App Store yesterday, and the company announced that former PayPal CEO and current Messenger chief David Marcus will be joining the company's Board.
If you're new to this space, Linda Xie (a former PM at Coinbase) put together a list of beginner's guide articles she has written on various cryptoassets, including: Ethereum, Monero, Litecoin, 0x, Tezos, Bitcoin Cash, Decred, and Zcash. Bitcoin is just the beginning. ✨