New year, new you 😌

[Republic Weekly] Republic Insider January 03, 2019 [41 1546446856]( Founders and investors should put mental health at the forefront of their New Year's Resolutions 🙏 Hustle, hustle, hustle. It's a lifestyle many believe is critical for building the next big thing. While Elon Musk builds cars and sends rockets to space, and Jack Dorsey manages two publicly-traded companies, it can be hard to convince yourself that 40-hour weeks, self care, and a patient approach is the best way to build and invest in successful and long-lasting companies. Earlier this year, [Alexis Ohanian]( co-founder of Reddit and Initialized Capital, set out to warn Silicon Valley about [the dangers of "hustle porn."]( "This idea that unless you are suffering, grinding, working every hour of every day, you’re not working hard enough… This is one of the most toxic, dangerous things in tech right now," he said. "It’s such bulls**t, such utter bulls**t. It has deleterious effects not just on your business but on your wellbeing." Ohanian's right. According to [a study by Michael Freeman]( entrepreneurs are 50% more likely to report having a mental health condition. As [highlighted in TechCrunch]( founders are: - 2X more likely to suffer from depression - 6X more likely to suffer from ADHD - 3X more likely to suffer from substance abuse - 10X more likely to suffer from bi-polar disorder - 2X more likely to have psychiatric hospitalization; - and 2X more likely to have suicidal thoughts The good news is, more and more resources are becoming available to help foster better habits. Some investors even offer to pay for therapy for their founders. Ariana Huffington's [Thrive Global]( is on a mission to end the stress and burnout epidemic. [Torch]( helps founders be better leaders, with one-on-one counseling. Startups like [Light]( are building minimalist phones to help cut down on technology addiction. And startup investing platforms like [Republic]( ensure a community and support network of fellow founders and investors, and allows investors to play an active role in the startup's lifecycle. So this New Year, let's make a commitment to ourselves, our companies, and our portfolios to take care of ourselves and our teams, and build something long-lasting. Read [more about mental health in startups]( --------------------------------------------------------------- Startup updates [The Phluid Project]( [The Phluid Project in Top Queer Fashion Moments of 2018]( [We are excited to announce that The Phluid Project is featured in Them's Top Queer Fashion Moments of 2018. It is an honor to...]( [Focusmate]( [Our 2019 Strategic Plan: An Unusual Love Letter to the Focusmate Community]( [Our team recently went through the slight agony of crafting something called a strategy and then making a plan on that basis. ...]( [Nori]( [Only a few hours left to invest in Nori's mission to reverse climate change!]( [Hey everybody, I hope you've had a really great holiday season so far. We're so grateful to have you along with us on our...]( [Moonlighting]( [Moonlighting is Kicking Off the New Year with More Opportunity]( [2018 was a big year for Moonlighting. Just a few of this past year’s accomplishments include: Growing the Moonlighting...]( [Coinvest]( [2018 End of Year Update to All Coinvestors]( [As we close out 2018, I’d like to thank each and every one of you for your efforts and continued dedication to Coinvest. I...]( --------------------------------------------------------------- Recommended reads [How to Hack Angel Investing: Traction]( Investor education · Dec 31, 2018 [As part of our "How to Hack Angel Investing" series, this piece will help you learn how to identify and evaluate traction in early-stage ...]( [Overview of Token Curated Registries]( Crypto · Dec 27, 2018 [An explanation of one of crypto's applications: token-curated registries. What are they? What are they used for? What can we do with them?]( [Silicon Valley pledged to break up the boys' club of investing in 2018. How did it do?]( Recode · Dec 31, 2018 [One year ago this month, Shervin Pishevar, an early investor in Uber, was ousted from his venture capital firm, Sherpa Capital, over sexu...]( Like this newsletter? Forward it to a friend. --------------------------------------------------------------- [Republic]( On Republic anyone can invest in promising early-stage startups Crowdfunding investments can result in total loss, and may be impossible to resell. [Learn more »]( Republic · 335 Madison Ave · New York, NY 10017 [Email preferences]( — [Unsubscribe from Republic Insider emails]( 🙋 Republic is growing. We're [hiring the best full-stack engineers »](