Scramble to get on the LP2 train is on
Uli Wiehle, in true Germanic fashion and Garth Hinton who likes to play it safe are the first two on the train with all docs compete and their $25k received in FKA's Glaister trust account
Little know fact: Jackie below originally modelled as the gun-wielding assassin in front of our veto gate above, now she wants to get through the gate herself.
Today we have Jackie Young presenting at the VETO Gate. She has spoken with Tim, James and Rudi to straighten the warped reality spin she has received since 2014 from her husband and FKA's independent director Greg.
If anyone knows reasons why Jackie should not join our group, now is the time to speak up. Please email the board in confidence!
Let's give a warm welcome to Alan as FKAssociate with Flying Kiwi Angels. No skeletons were found in his closet.
Only the 20 existing LP's from LP2 have voted on last week's pitches. The accession of new angels has to be processed in a single batch which should be completed for by the next pitch night. With 2x 20 votes in under 48 hours, we had a great response rate.
Only 8 YES out of 20 votes, unfortunately, means we'll not proceed with DD on JUCEBOX. Thanks to Uli for bringing Ulrich. Now, MyBitcoinSaver was an interesting vote. It was only the last vote at the 16th hour from James that put it across the line with 11 YES out of 20 votes. Congrats to CEO Sam and champion Jesper, may the DD work begin. Pitch Video from MyBitcoinSaver.com
From the Q+A after the pitch and the comments from voting LP's it is clear that there are strong opinions on MyBitcoinSaver.
Fan or devil's advocate? GET in touch with Jesper.Petersen@fka.nz to be in on this DD.
However, what we've just gained in voting speed we seem to have lost in DD speed. Heliase (Chris Sattler), Moxion (Rudi Bublitz) and Hot Lime Labs (Garry Bluett) are still going.
Editorial corrections: Last week we also had ADI.Clinic in Wellington thanks to Ian Clarke steering and manning that ship.
This week we held ADI.Clinic in Wanaka, Whangarei and Auckland. Wayne Hudson and Charlie have seen their most interesting day in Wanaka yet. Whangarei seems to get the youngest visitors by far. Thanks to Benjamin Pittman and Tony Collins for helping Martin. Auckland saw Garth, Karl, Uli, Rudi and Zack running a fully booked day. Swati from www.speaqwith.me received a lot of interest, very early but very impressive results for autism.
Jai Somaratne - OMDD
He is Chief Paver at PaveCraft, now also Deus DD at Flying Kiwi Angels.
Josh putting it more formally. "FKA are delighted to announce the appointment of Jai Somaratne into the role of Ops Manager•Due Diligence. Since joining FKA Jai has had a big impact with his investment insight and diligence, work in pulling together LLP2, not to mention his magnetic personality! This role is about helping each DD Lead and team to get from DD Vote to the finished DD Report."
Charlie James - OMIM
He worked hard, he claims, now, he certainly plays harder than most. He is exec director at Uproar and also Portfolio Populator at Flying Kiwi Angels.
Josh putting it more formally. "FKA are delighted to confirm Charlie James continues with his role of Ops Manager•Investment Managment. Charlie is part-responsible for grandfathering FKA and his contribution since then, as the wise counter balance to the Chief Cat Herder has been invaluable. His role picks up from Jai and helps each DD Lead from Investment Vote to signed deal docs and collected funds."
Judith Marecek from Velocity, the UOA Entrepreneurship Programme is calling for judges and mentors in the 2017 round. Many FKAngels have enjoyed this over the years. Heath and Rudi were the mentors for the 2013 winners IMeasureU. Read more and register here.
Chris Chandler says "Worth applying for the free US flights and kudos from this US Export Competition. Entry requires little effort, great for FKA portfolio companies and others if they have a smidgen of US exports. I'm judging but don't do favours."
NZSA Dinner •Leigh Flounders is proving distance is no barrier to changing the way Chinese consumers interact with Kiwi and Australian businesses.
Tuesday 11 April 2017 5.30pm Glengarry Wine Tasting Room, Wellesley St, AKL
Just register here.
Thu 13 Apr ◇ Kami 3M Party
17:00+ 46 Albert St, Auckland
Lots of great Tech Events in May al over NZ Jenn, the Clamp is assembling an impressive lineup. For example, UK KEA king Peter Gillingwater is bringing a cohort of UK-based experts, mostly Kiwis to provide their insights into international expansion, with a focus on UK and Europe, including why Brexit may be great for NZ business.