Web3 investing & education for teens, plus a question about organizational management tools for startups
In this week’s episode of Ventures, my guest Will Rush and I discuss his new startup, Stack (https://www.trystack.io/). Stack is all about promoting financial literacy and practical Web3/Crypto knowledge for investors under 18 years old. We talk about Stack’s five-point strategy of encouraging teens to consider long-term holding, diversification, periodic saving, engagement, and continual learning about the areas they are investing in. We also talk about NFTs, fixed-income products in DeFi, and general advice for teens looking for side hustles and entrepreneurial success.
What software do you use to manage your company’s workstreams?
The past few weeks I’ve had a chance to peer more closely into the operations of early- to mid-stage companies and, well, despite all the various ERP and PM tools out there, most are hacking together their own systems with spreadsheets to keep track of workstreams.
Within specific project teams, typically an issue tracker or a Monday.com/Asana-like PM tool is used to manage tasks. More broadly, however, either the COO has all the things in their head, or the projects/workstreams are managed in a spreadsheet deep within an operations office that creates a silo of information and thus communication inefficiencies for the organization.
It feels like this is an opportunity. However, before I ring the bell to build a new app in our labs department at Prota, I’d like to hear from you. Does this kind of thing already exist for small-to-mid-sized companies?
Based on some initial conversations with colleagues, we surfaced https://www.atlassian.com/software/jira/features/roadmaps and https://shortcut.com/ - but the missing gap seems to be able to integrate this appropriately (and affordably) with the people across an entire small-to-mid-sized organization (i.e. their workstreams and expected outcomes).
Any ideas? Tools you use? Suggestions? Thanks!
Have a great rest of your week,