FKAngels - always partners in crime!

Marvin Liao is a Partner at 500 Startups and works with startups across the globe and within Silicon Valley accelerators. Before that, he worked at Yahoo for more than 10 years, holding roles in business development, ad operations and marketing.

Marvin is in New Zealand for Callaghan Innovation’s Southern SaaS. In this special investor session, he’ll share his observations on accelerator programmes, founders and founding teams, and what he’s learned from working with startups around the world. Here is his public talk at last year's Southern SaaS.

28 August 2019, 14:00, AKL. Following Marvin's presentation, you're invited to stay on and network with Marvin and the other guests.

Rudi will facilitate the session, Marvin is gold, register ➤ here. Callaghan will also provide webinar access for Angels in the regions who cannot make it, most likely via Lawrence's Horn.co 

☞ Register for the upcoming Showcase here!

We have recently facilitated an internal $75k market for shares of one of our portfolio companies that benefitted both buyers and sellers over the conditions otherwise available.

We will facilitate the purchase of shares under preemptive rights in another portfolio company. Discounted by 25% against the last round, there is healthy interest in these shares.

Onwards and upwards for another year and beyond!

This business proposal is for your mutual consideration, a very good friend of mine a Financial Consultant has the contact of some investors who are seriously looking for Investment Manager to handle huge investment projects or fund any already existing projects.

According to my friend, the fund will be re-invest strictly under the managerial care of the Investment Manager, which allows the Investment Manager to control the initial title.

Upon the receipt of your positive response, I shall explain in details for your better understanding.

Yours respectfully, Mr. Thiele Jeffry. (Broker) [thiele.jeffryuk@hotmail.com]

Now champion Andy and his DD Team have their work cut out sifting through all the building blocks that make up this business in the construction industry.

Here is the Herald article in case you've missed it.

Another Showcase but this one is different. Jackie (not pictured above) runs the incubation programme at the ecentre without charging founders and without taking equity. Callaghan Innovation is paying already. GREAT!

The icing on the cake (excuse the pun) would be a Massey/ecentre seed fund to support graduates in their subsequent external round. That would be truly founder and investor-friendly! Jackie?

☞ Register for the upcoming Showcase here!

Smart Seeds is a design-led innovation program empowering diverse groups of people to co-create integrated solutions to complex challenges. In 2019 the program is running in 13 cities in 5 global regions, including urban and regional cities in Australia, New Zealand and North America. See the culmination of 11 weeks of work from 6 teams next Wednesday in Auckland. ☞ More here.

Onwards and upwards for another year and beyond!

Investors will receive the DD Report and Co-investment Call shortly.

However, we have a video from their Air New Zealand awards night.

The Voting Angels are bound by majority vote for their first $2,500. Over and above that, they invest at their discretion as do all other FKAngels and co-investors subject to minimum investment levels.

It is our aim to give founders a swift YES or NO. However, for that, we rely on the Voting Angels to get on with the voting. Normally that works very well, however, for close decisions it can take virtually every Angel to vote which can be difficult. For that reason, we have introduced the following refinement.

If a majority of 18 YES/NO votes has not been achieved within 14 days of the commencement of voting then a smaller majority of 13 YES/NO votes or more will decide the final vote where at least 75% of the Voting Angels have cast their vote.

Tue 16 July, 1830 @ KPMG, 18 Viaduct Harbour Ave, AKL

☞ Watch the video that inspired Rudi's job title!

Note: Kami's user count is bounded by NZ's headcount for people and sheep ‍‍‍

Judo, a challenger bank, raised $340m ◇ Agersens, a virtual fencing system for cattle, raised $14.8m from Gallagher Group ◇ Enboarder, an HR startup, raised $11.6m from Greycroft ◇ Verrency, a payment startup, raised $10m from Alium and others ◇ Microba, a gut health biotech, raised $10m from Thorney Investments, Perennial Value and Alium ◇ Hometime, an AirBnb property management startup, raised $6m from OneVentures ◇ Cashrewards, an online shopping rewards site, raised $5.3m from Alium ◇ Parcelpoint, a delivery startup, raised $4.5m from existing shareholders ◇ Fresho, a food-tech startup, raised $3m from the Aconex founders ◇ Notiv, an AI-enabled meeting assistant, raised $1.4m from Transition Level, Full Circle and Black Sheep Capital