Jovial competition between the two DD Teams, still going and so it is fair to expect them coming to positive investment recommendation. Only question, who will get there first and be the 10th portfolio company of LP1.
Here now the pitch video from founder and CEO VlatkoMaterić.
LP2 partners have already voted to proceed with DD on Hot Lime Labs, with 12 YES out of 18 votes. Garry Bluett is the champion and will lead DD. He is looking to build a strong DD Team and is counting on volunteers before asking the Chief Cat Herder to step in. SO call 021-954-773 or email Garry.Bluett@fka.nz.
This week we held ADI.Clinic in Wanaka and Wellington on Monday and in Auckland on Thursday. Plenty of helpers in each location. Thank you to each and everyone. Note from the Editor: Stu's surname was incorrectly given as Christy last week. Unlike the name of many women, the spelling is a manly Christie. Thank you for that clarification, Stu.
Ian reports from Wellington: Brendan from Breadcrumbs was interesting. Very early stage, they are raising $200k from friends and family with a view to building their platform. It is a social app for users to discover what like-minded users want to do around their location. The commercial model is advertising, so there is plenty of competition. They have a couple of really interesting wrinkles to their idea that will be worth watching. They are coming back in a few months. Interestingly, NZVIF pointed them our way.
Steve Corbet is inviting FKAngels to the AUT Venture Series
Learn about future trends in the digital storytelling space and how AUT entrepreneurs are creating fully immersive and interactive 3D virtual reality spaces for multi-sensory visualisation, education, modelling, animation, rapid prototyping, and much more. See more here. Fri 31 March, 8:00-9.30am Europe House, AUT City Campus, 56 Wakefield Street, Level 16 Please RSVP
Remember GEO AR Games? Jesper brought them to pitch last June. We had big concerns about selling to councils. No money, so Mel and Amie kept on bootstrapping and charmed Rudi along with charming Stephen Knightly onto their advisory board. Last weekend they had over 4000 players in their Magical Park. 150+ council parks in NZ and OZ signed up for a trial as part of Parks Week, nearly half have already extended to a full subscription.
The above video is a lively endorsement from Kiwi school kids and here a park example from Australia. Enquiries from theme parks and developers of apartment blocks are also rolling in.
Goes to show even FKAngels don't have all the answers, nor a reliable crystal ball. However, being helpful and constructive we may be invited for another look when these two women are back fundraising.Go,Mel and Amie!
Picture Quiz: Is this a gifted MC in his element or a less gifted Tinder novice?
Either way, don't miss Josh and Rudi for some Friday afternoon entertainment today at the ASB Cube...
10 Mar ◇ Awards Ceremony
14:00 The Cube, ASB Wynyard Quarter - FKAer Josh will be the MC, Rudi will be one of the panellists.
Please register with Helene Hunt firstname.lastname@example.org.