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FSW 65: Building a writing-heavy culture, Accelerating Asia backs WeGro and EduTechs, ADN Telecom invests in Shohoz and more

Hello everyone, welcome to yet another edition of FS Weekly.

In this week’s edition, we curate 5 fascinating articles we published in FS and also another 3 mind-expanding gems from across the internet.

So without further ado, on to the updates:

Be bold, and enjoy!

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1. Why you should build a writing-heavy culture in your company

Some of the best companies in the world today have a common cultural character: they almost all have a culture of writing as a primary mode of communication, presenting ideas, and collaboration. They put everything in writing. You want to present an idea, come up with a written document and then present it. If you want to launch a new product, write a demo press release first. If you want to hire, write down a detailed job description first and then go, hire. Read. 

2. Some lessons on building companies

Life is all about people. No matter how you look at it or think about it, people are the ultimate source of happiness, success, luck, and all the good things in life and vice versa. 

Building a company is often about building it with a bunch of people you enjoy working with. So it is hard to overstate the importance of having the right co-founders and teammates you enjoy working with and trust and respect. Read. 

3. Book Review: Tiny Habits by B.J. Fogg

B.J. Fogg is an American social scientist and author and the founder and director of the Behavior Design Lab at Stanford. Fogg wrote a fascinating book in 2019 titled Tiny Habits: The Small Changes That Change Everything. Written in an easy-to-read format, the book offers practical advice for creating good habits and breaking bad ones. Read. 

4. Accelerating Asia backs 10 startups as part of cohort 8, including 2 from Bangladesh

Singapore-based early-stage VC fund Accelerating Asia announced today that it has invested in ten new companies joining Cohort 8 of its flagship accelerator program. The new cohort has two companies from Bangladesh: Edutechs and WeGro. Read. 

5. ADN Telecom to invest BDT 120 million in Shohoz

Publicly listed IT and telecommunication services provider, ADN Telecom, announced in a price-sensitive information notice issued on 7th June 2023 that it is going to acquire a 10% share of the online ticketing platform Shohoj Ltd (operating under the brand name Shohoz) for BDT 120 million. Read. 

Reading recommendations

Mohammad Ruhul Kader is a Dhaka-based entrepreneur and writer. He founded Future Startup, a digital publication covering the startup and technology scene in Dhaka with an ambition to transform Bangladesh through entrepreneurship and innovation. He writes about internet business, strategy, technology, and society. He is the author of Rethinking Failure. His writings have been published in almost all major national dailies in Bangladesh including DT, FE, etc. Prior to FS, he worked for a local conglomerate where he helped start a social enterprise. Ruhul is a 2022 winner of Emergent Ventures, a fellowship and grant program from the Mercatus Center at George Mason University. He can be reached at [email protected]

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